Rockhead Posted January 22, 2003 Report Share Posted January 22, 2003 Sniff On the QQQ, 5 minute, I have the following pivot points......25.55 high from around 1:00 PM yesterday and 24.88 low from this AM. The 15 min QQQ chart has the same numbers as 5 minute. 60 min shows 27.47 as the high and 24.28 as the low. Link to comment Share on other sites More sharing options...
Guest Posted January 22, 2003 Report Share Posted January 22, 2003 .. Link to comment Share on other sites More sharing options...
simple guy Posted January 22, 2003 Report Share Posted January 22, 2003 For the NAS Im looking at a 1401 top, again, probably tomorrow morning. I could be wrong Link to comment Share on other sites More sharing options...
GregFokker Posted January 22, 2003 Report Share Posted January 22, 2003 Looks like a rising wedge forming on the 10 minute compx. Thing is, 1377-1382 is strong resistance. Link to comment Share on other sites More sharing options...
GregFokker Posted January 22, 2003 Report Share Posted January 22, 2003 Lower rising trendline is currently around 1374.50. Link to comment Share on other sites More sharing options...
BubbaBear Posted January 22, 2003 Report Share Posted January 22, 2003 Sweef,how do you determine pivot point tia Bubba Your post should be directed to Sniff, not Sweef I think. Anyhow...here is a pivot high defintion........... The Pivot High ShowMe study identifies high pivot points; by default, it places a dot at the high price of the bar when the high price is greater than the high price of the four previous bars, and greater also than the high price of the subsequent two bars. You can change the price used to calculate the pivot and the strength of the pivot. Pivot points are used to calculate support and resistance levels, with a high pivot indicating the resistance level, and the low pivot indicating a support level. When price penetrates the resistance line as calculated by the high pivot, it is considered a breakout and the resistance level generally becomes the new support level. Hope that helps. thanks bad memory going from one ids to the next soon I will be hiding my own easter eggs Link to comment Share on other sites More sharing options...
fxfox Posted January 22, 2003 Report Share Posted January 22, 2003 SG, you are the Porsche 911 Turbo among traders! Link to comment Share on other sites More sharing options...
PileDriver Posted January 22, 2003 Report Share Posted January 22, 2003 today is really boooring Link to comment Share on other sites More sharing options...
sweefraapp Posted January 22, 2003 Report Share Posted January 22, 2003 summoner: ITRA would be a flying fickle finger of fate for me. Just looking to buy on the pull back from 1.40. I don't want to hold it, just trade it so I'm looking for a blurb or maybe when it gets closer to $1. My cusif buy was not good today, but gold looks like it wants to break $360. I keep this running during the day. Link to comment Share on other sites More sharing options...
Contrarian Posted January 22, 2003 Report Share Posted January 22, 2003 closed my scalp dong Q - sorry SG but Doc's cmaps were whispering in my other ear now flat waiting for the pop to play out - then back short big time Link to comment Share on other sites More sharing options...
Rockhead Posted January 22, 2003 Report Share Posted January 22, 2003 Looks like a rising wedge forming on the 10 minute compx. Thing is, 1377-1382 is strong resistance. One could also see that on 5 minute COMPX. Link to comment Share on other sites More sharing options...
Guest Posted January 22, 2003 Report Share Posted January 22, 2003 .. Link to comment Share on other sites More sharing options...
Guest Posted January 22, 2003 Report Share Posted January 22, 2003 Second half of my short filled while at lunch. Yummy!(?) Link to comment Share on other sites More sharing options...
acseatsri Posted January 22, 2003 Report Share Posted January 22, 2003 summoner: ITRA would be a flying fickle finger of fate for me. Just looking to buy on the pull back from 1.40. I don't want to hold it, just trade it so I'm looking for a blurb or maybe when it gets closer to $1. My cusif buy was not good today, but gold looks like it wants to break $360. I keep this running during the day. You may find this one better. http://forex-markets.com/quotes.htm Link to comment Share on other sites More sharing options...
rog Posted January 22, 2003 Report Share Posted January 22, 2003 Be careful when considering the recent put/call ratios. A lot of the out-of-the-money calls are being bought buy shorts that want protection against a euporic rally off of positive Iraq news. I see Cramer is leading the pack to slaughter suggesting everyone get long for his latest 'trifecta" event. Well Fellas I am leaving the office now to head to the hospital for surgery. Keep em down. I actually havent covered much of my short position. Be back next week. Link to comment Share on other sites More sharing options...
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