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CharterJoe
Rep: 4,475
Posts: 2,352
Here's some sq of nine S/R #'s I am looking at today....

1315
1297
1283.5
1279
1268
1261
1247.5
1243

CH
CharterJoe
Rep: 4,475
Posts: 2,352
Short @ 65.5 targeting 50.75
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koolblue
Rep: 48,651
Posts: 16,032
selling here
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koolblue
Rep: 48,651
Posts: 16,032
short 2 @ 1266.00,4 point stop
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BruceM
Rep: 216,211
Posts: 19,895
highest volume bar of the day came in at the minus 8 number but ticks only at a minus 600....based on volume alone it looks like they want to test higher from here
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CharterJoe
Rep: 4,475
Posts: 2,352
Bruce,

I was reading in your pit bull thread last night, and todays low was 8 points off the open ;)

Edit-grammer
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koolblue
Rep: 48,651
Posts: 16,032
covered at 1266, breakeven... watching but looking to sell
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BruceM
Rep: 216,211
Posts: 19,895
oh man those 8 point numbers are so cool...I would modify it to be in the 8 - 10 point range...but If I saw a plus or minus 4 into a key number with ticks and volume then I would most likely take the trade...but generally speaking the minus 8 is amazing...and plus 8 on upside...some use increments of 4 after that...12, 16 etc....like anything else we need to see some other signal to help pull the trigger
PR
prestwickdrive
Rep: 2,057
Posts: 1,098
Pending home sales and wholesale inventories #s at top of hour
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BruceM
Rep: 216,211
Posts: 19,895
As you know I work with fairly simple ideas....and most are horizontal in nature...most are so simple that folks can't believe they work......I guess thats why sometimes I am a tough critic on things that look complex to me.......always refreshing when I'm proven wrong though and keeps me humble
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CharterJoe
Rep: 4,475
Posts: 2,352
That fellow you were giving credit to in that thread was it Buzzy Shwartz, it sounded just like him?
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CharterJoe
Rep: 4,475
Posts: 2,352
Bruce if you split the red lines it called the high i.e. 1261 sq root +.125 squared = 1269.89 RTH high was 1269.5