DrStool Posted February 27, 2003 Report Share Posted February 27, 2003 Funding for a longitudinal study is reportedly on the way! For those who don't know, this thread is for short term TA and charts only. No chit chat and no debate! Just tell us what you see and why, if you want. Link to comment Share on other sites More sharing options...
richmtn Posted February 27, 2003 Report Share Posted February 27, 2003 From our good friend IKE over at Aegean Capital. I have been watching the chart below over the past few weeks. Ike correctly stated that the current pattern would look like the previous one. From his paid service here is what he said about it last night. We have a top in place, and a failure at resistance, normally, such combination of events spells trouble, which we suspect is coming, unless positive geopolitical developments lift the markets. Link to comment Share on other sites More sharing options...
blackbelt Posted February 27, 2003 Report Share Posted February 27, 2003 SPX - 60m Time pivot (potential change in trend) during the first hour of trading +/- 1 hour Link to comment Share on other sites More sharing options...
blackbelt Posted February 27, 2003 Report Share Posted February 27, 2003 SPX - 15m Short term time pivots at 10:15 and at 13:00 Link to comment Share on other sites More sharing options...
cyclist Posted February 27, 2003 Report Share Posted February 27, 2003 New home sales at 10 am. close enuf to the 10:15 pivot? Link to comment Share on other sites More sharing options...
blackbelt Posted February 27, 2003 Report Share Posted February 27, 2003 Yes, all the pivots are +/- 1bar Link to comment Share on other sites More sharing options...
blackbelt Posted February 27, 2003 Report Share Posted February 27, 2003 MERQ - 60m Bear flag on the 60m chart with price stalling at the Fib cluster (this chart was posted here a couple of days ago as one to watch) Link to comment Share on other sites More sharing options...
blackbelt Posted February 27, 2003 Report Share Posted February 27, 2003 5m 5/20 TRIN shows buying exceeds selling pressure... Low ADX shows trading range.... sidelines for now Link to comment Share on other sites More sharing options...
blackbelt Posted February 27, 2003 Report Share Posted February 27, 2003 For anyone who follows MERQ (chart above).... Current levels are the projections for the 13d Cycle... 13Week cycle projects around $29 (this is not recommendation to buy or sell....just my observations) Link to comment Share on other sites More sharing options...
Contrarian Posted February 27, 2003 Report Share Posted February 27, 2003 I'm trying to post some charts and a link to an explanation of what I'm trying to do. The explanation focuses on daily data but is applicable to hourly (just substituting hours for days in the trends, moving averages, lookback periods, slopes, etc) and can be found here Using HOURLY SPY data: my ST chart and my IT Attractor Link to comment Share on other sites More sharing options...
blackbelt Posted February 27, 2003 Report Share Posted February 27, 2003 I updated the 15m chart of the SPX. Refresh your browser and scroll up. The 10:15 pivot was a non event... Link to comment Share on other sites More sharing options...
Guest Posted February 27, 2003 Report Share Posted February 27, 2003 COMPX at initial resistance (1331). That completes the bullish wedge SG mentioned. Can we go back to business now? Regards, Vesselin Link to comment Share on other sites More sharing options...
blackbelt Posted February 27, 2003 Report Share Posted February 27, 2003 NYSE TRIN 5m (with 5 and 20 MA) As long as the "green" line is below the "pink" line, buying power is stronger than selling NASDAQ TRIN 5m (with 5 and 20 MA) Link to comment Share on other sites More sharing options...
blackbelt Posted February 27, 2003 Report Share Posted February 27, 2003 NDX - 240m A slightly longer view of the NDX. Each bar on the chart is 240m. As the arrow shows, there is a potential change in trend the second half of today's trading. After we apply variances, the change in trend can take place either today or early tomorrow morning. The projection is made using two "Pivot Low" points: 11/11/02 and 12/31/02. "Usually" (that's the keyword here ) this kind of projection (Low - Low - 1.272) projects a "High".... I repeat...."usually" Link to comment Share on other sites More sharing options...
blackbelt Posted February 27, 2003 Report Share Posted February 27, 2003 Positive crossover on the Nasdaq 5/20 TRIN_5m (selling is taking over) Link to comment Share on other sites More sharing options...
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