| StockFetcher Forums · General Discussion · Intraday Trend Watch: S&P 500 | << 1 2 3 4 5 ... 30 >>Post Follow-up |
| nikoschopen 2,824 posts msg #60764 - Ignore nikoschopen |
3/25/2008 3:18:36 PM It turns out that we have two channels to contend with. |
| nikoschopen 2,824 posts msg #60765 - Ignore nikoschopen |
3/25/2008 3:21:49 PM But notice how the price reverse as it touches the lower blue channel. We should technically retrace down to the lower red channel. If that ever breaks, there's nothing to hold the bears back and you can kiss this rally goodbye. |
| nikoschopen 2,824 posts msg #60778 - Ignore nikoschopen |
3/26/2008 1:26:59 PM I see a reversal to the upside. |
| nikoschopen 2,824 posts msg #60781 - Ignore nikoschopen |
3/26/2008 2:34:20 PM The emerging trend is obviously very weak after two dayt of strong rally and I have no doubt that it can also reverse very quickly. In the meantime, this is what I see will likely to happen. |
| nikoschopen 2,824 posts msg #60783 - Ignore nikoschopen |
3/26/2008 3:03:53 PM Yowza! Check it out...just as planned. |
| nikoschopen 2,824 posts msg #60784 - Ignore nikoschopen |
3/26/2008 3:13:36 PM Since the profit target has been reached, I feel safe to say that the trend will be down, down, and down. |
| nikoschopen 2,824 posts msg #60785 - Ignore nikoschopen |
3/26/2008 3:29:09 PM The initial profit target placed at the upper channel line. |
| nikoschopen 2,824 posts msg #60789 - Ignore nikoschopen |
3/26/2008 4:11:44 PM There ya have it, boyz (& galz)! By all means the futures indicates that we'll get a sizable drop tomorrow. |
| luc1grunt 622 posts msg #60810 - Ignore luc1grunt |
3/27/2008 7:23:52 AM Very nice Niko. |
| nikoschopen 2,824 posts msg #60816 - Ignore nikoschopen |
3/27/2008 12:01:54 PM Thank you. |
| StockFetcher Forums · General Discussion · Intraday Trend Watch: S&P 500 | << 1 2 3 4 5 ... 30 >>Post Follow-up |