MARY4MONEY
806 posts
msg #83275
- Ignore MARY4MONEY |
11/20/2009 8:49:29 AM
does anyone know how to change ther daily charts to weekly charts-----market update- seems we are at a real critical juncture in the markets- it appears the uup or dollar index is near breaking the down trend from 3-6-09 and its flirting with the 50 ma--at the same time the spy is showing a neg divergence on the weekly rsi-2 and we have hit the ther bigg upper trend on the spy at near 1150.00--but we will not have a market reversal until the monthly chart on the uup runs above 10% on the monthly rsi-2 and its still going down at 1.3%-- we are well above the last bottom on the the spy of 1033.00 were at 1087.00 now and the daily rsi-2 is near 7%- based on the live result of the spy futures -which you can track on thinkorswim.com--this market is so different than any we have had before and you standard ta doesnt work well on it.
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Kevin_in_GA
4,599 posts
msg #83279
- Ignore Kevin_in_GA |
11/20/2009 9:39:25 AM
just add the line
"chart-display is weekly"
to your filter.
Kevin
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MARY4MONEY
806 posts
msg #83282
- Ignore MARY4MONEY |
11/20/2009 10:17:43 AM
thanks
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chetron
2,817 posts
msg #83283
- Ignore chetron |
11/20/2009 10:28:41 AM
I GUESS THE SPY WAS A HEAD AND SHOULDERS?
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trendscanner
265 posts
msg #83286
- Ignore trendscanner
modified |
11/20/2009 12:13:49 PM
SPY doesn't look like a H&S to me. It looks like it's simply rolling over for a pullback like it's done half a dozen or so times previously this year.
It looks like the SPY is about halfway through a pullback similar to previous ones this year. The trend line of the last 4 SPY lows would take it to about 105 to 106. If it breaks through that, support would be around 102 to 103.
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chetron
2,817 posts
msg #83287
- Ignore chetron |
11/20/2009 12:34:15 PM
YOU ARE RIGHT, trendscanner.
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