richmtn Posted February 24, 2003 Report Share Posted February 24, 2003 I think CitiGroup is going down. 13 day cycle may turn over soon. Link to comment Share on other sites More sharing options...
blackbelt Posted February 24, 2003 Report Share Posted February 24, 2003 KLAC - Daily ** The following should NOT be taken as investment advise** Link to comment Share on other sites More sharing options...
FeedFool Posted February 24, 2003 Report Share Posted February 24, 2003 Rich I am worried about the gap. We could go down till 25-26 Feb then go up and fill the gap on 4th march. I will be looking at covering some of my shorts on 25th. Let see how it plays out today. Link to comment Share on other sites More sharing options...
blackbelt Posted February 24, 2003 Report Share Posted February 24, 2003 SPX - 1 min. Impulse move to the downside... "Potential" targers for this move are the two colored boxes. After that an upside correction. As long as Friday's high holds, the next upside move is shortable Link to comment Share on other sites More sharing options...
sniff Posted February 24, 2003 Report Share Posted February 24, 2003 Lates as usual... Almost forgot pure TA, I will mention an interesting pattern gartley play.... Last week while looking for set-ups. Seen that QLGC completed it's pattern (dong, sorry). And missed it ( happens often). But price will often come back for a kiss. So put a buy lmt order in @ 34.25 ,,, .618 of short leg retrace.... It hit this morning. The point being, if you want into something short or long, calculate the patterns... The price might come back and give you a kiss. Oh, and I am already out of 1/3 for risk reduction & trailing stop... Can always get a kiss and a SLAP ! Where is the QQQ going? I do not know... My primary trading pattern shows a falling wedge ( daily timeframe) with trendlines top 25.57. Bears would not want a close above that... bottom 23.03 not likely near term ...imo Link to comment Share on other sites More sharing options...
Guest Posted February 24, 2003 Report Share Posted February 24, 2003 Where is the QQQ going? I do not know... My primary trading pattern shows a falling wedge ( daily timeframe) with trendlines top 25.57. Bears would not want a close above that... bottom 23.03 not likely near term ...imo Sniff, I can't chart that falling wedge you're seeing - could you post a chart of it? Fido Trader Pro QQQ charts have outliners I can't eliminate that compress the data points to where they're almost flat-lined. Link to comment Share on other sites More sharing options...
blackbelt Posted February 24, 2003 Report Share Posted February 24, 2003 SPX - 15m The index started showing signs of acceleration to the downside. If the index trades below Friday's low it will validate the 2/18 high as a pivot high and it should continue lower Link to comment Share on other sites More sharing options...
blackbelt Posted February 24, 2003 Report Share Posted February 24, 2003 SPX - 1m Updated 1m chart of the SPX. The price trades are "potential" support. Other indicators do not confirm that an intraday low is in just yet. Link to comment Share on other sites More sharing options...
sniff Posted February 24, 2003 Report Share Posted February 24, 2003 D Flush.. you bet. This chart runs live, so with any major changes in could morph....... thinking more of a game of Pong back and forth between the lines... until one of the lines broken with avengence...... Link to comment Share on other sites More sharing options...
Guest Posted February 24, 2003 Report Share Posted February 24, 2003 D Flush.. you bet. This chart runs live, so with any major changes in could morph....... thinking more of a game of Pong back and forth between the lines... until one of the lines broken with avengence...... Beautiful! Now there's a road map! Thanks Sniff. Link to comment Share on other sites More sharing options...
DrStool Posted February 24, 2003 Author Report Share Posted February 24, 2003 As an uploaded chart from your hard drive, it would not be live. Link to comment Share on other sites More sharing options...
sniff Posted February 24, 2003 Report Share Posted February 24, 2003 Yes, the chart that I posted. Is a screen capture shot of a live running java chart..... sorry about the mis que... I will keep you posted if the pattern changes... Link to comment Share on other sites More sharing options...
richmtn Posted February 24, 2003 Report Share Posted February 24, 2003 So far a pretty week bounce on the 5 hour cycle. Link to comment Share on other sites More sharing options...
richmtn Posted February 24, 2003 Report Share Posted February 24, 2003 It's appeared to me for a while that the 3 and 5 day cycles have morphed temporarily into a 4 day cycle. The 4 day. Link to comment Share on other sites More sharing options...
Slothrop Posted February 24, 2003 Report Share Posted February 24, 2003 MACD buy signal on XNG. Link to comment Share on other sites More sharing options...
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