GregFokker Posted February 25, 2003 Report Share Posted February 25, 2003 Well done Blackbelt. Hoping it holds. Link to comment Share on other sites More sharing options...
Slothrop Posted February 25, 2003 Report Share Posted February 25, 2003 Yeah, Feed, it is similar. Kind of get the feeling that the ABC pattern is still unfolding, perhaps the C takes us back to S&P 860. Wouldn't that be something? If the day ends with an upside reversal, it's possible. Link to comment Share on other sites More sharing options...
FeedFool Posted February 25, 2003 Report Share Posted February 25, 2003 Yeah, Feed, it is similar. Kind of get the feeling that the ABC pattern is still unfolding, perhaps the C takes us back to S&P 860. Wouldn't that be something? If the day ends with an upside reversal, it's possible. I have 25-26 as the bottom and 4th march as top . Let see how it plays out. Link to comment Share on other sites More sharing options...
anjing bau Posted February 25, 2003 Report Share Posted February 25, 2003 Weekly perspective puts the RGLD decline in a different perspective.... Notice how the CMF is still strongly positive and the ADX is ketting ready to kiss ....very similar pattern to when we corrected from 15.86 to 9.05 ( that was the day gold hit 298 after having ripped up to 330) Link to comment Share on other sites More sharing options...
blackbelt Posted February 25, 2003 Report Share Posted February 25, 2003 All three indexes on the 60m timeframe have ADX > 30. Look for them to stall around their 20p EMA on that timeframe and then try to test today's lows... (Pattern "holy grail" described earlier) Link to comment Share on other sites More sharing options...
blackbelt Posted February 25, 2003 Report Share Posted February 25, 2003 I updated the SPX 1m chart. You can refresh the browser and scroll higher a bit.... The Fib levels I had posted before were taken out. The new levels are shown on the chart. The price should not trade about 837.25 (pivot high) before taking out today's lows. Link to comment Share on other sites More sharing options...
blackbelt Posted February 25, 2003 Report Share Posted February 25, 2003 SPX - 5m The 5m chart and it's position Link to comment Share on other sites More sharing options...
FeedFool Posted February 25, 2003 Report Share Posted February 25, 2003 Joke chart. Link to comment Share on other sites More sharing options...
blackbelt Posted February 25, 2003 Report Share Posted February 25, 2003 Please disregard my previous post on the ADX being above 30 on the 60m timeframe. That was incorrect... (looking at wrong chart :grin: ) Link to comment Share on other sites More sharing options...
GregFokker Posted February 25, 2003 Report Share Posted February 25, 2003 Cup n handle on the 5 min COMPX? Link to comment Share on other sites More sharing options...
PileDriver Posted February 25, 2003 Report Share Posted February 25, 2003 plus Doc cycle high due around 3PM. Link to comment Share on other sites More sharing options...
sniff Posted February 25, 2003 Report Share Posted February 25, 2003 nice charts here...... thought I would throw this one in....... Link to comment Share on other sites More sharing options...
soup Posted February 25, 2003 Report Share Posted February 25, 2003 I love this headline from the WSJ, "* * * Hewlett-Packard is expected to top Wall Street forecasts when it reports earnings later Tuesday amid better-than-expected demand for computer gear." So in other words they are expecting to beat the expectations? WTF does that mean? Could it get anymore convoluted? Link to comment Share on other sites More sharing options...
blackbelt Posted February 25, 2003 Report Share Posted February 25, 2003 That's it for me...taking the rest of the day off....didn't expect that the rally will come that high... Have a good night Link to comment Share on other sites More sharing options...
GregFokker Posted February 25, 2003 Report Share Posted February 25, 2003 You too, Blackbelt. Link to comment Share on other sites More sharing options...
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