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the game goes on


nothing new..... the computers continue to play the game
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jan814a
in my work., price is making an important choice

sharply higher or lower
in today['s trade i was simply trying to capture the move from one 886 to the other
then stand aside

the computers continue to rotate trade signals through the index etf's
and rotate they did... while there was nothing clear in DIA, AT 1200 the computers
took price to the .886 in QQQ, SPY,TNA
SPY example shown

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jan814b
in 1984 in a phone conversation tom demark said something to me that applies right here

''price moves, not because buyers or sellers step in but because one side capitulates''

at this moment both longs and shorts are positioned basis the .886

both can't be right... one side will capitulate... get ready!
with the DIA unable to break lower and the SPY again at an 886 at line

daytraders took profits
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jan814c
Originally posted by roofer

nothing new..... the computers continue to play the game
Click image for original size
jan814a



Awesome chart, work and comments. Thanks for sharing.

Al Kamego