Most of these are being generated from the weekly chart..
57.50 - ON low , yesterdays afternoon rally point
62-64 - LTP in ON, VA low,PP and POCP
70 - all that volume and VA high
75 - 77 air pocket and R1 ...Magnet ******
85 - 87.50 air pocket and r2
94 - 98 combination of LTP's and HTP
****Gap at 66.25 in ON data so those reading get short up here at 68.50...most still sleeping so you'll miss this one
BR
BruceM
Rep: 216,211
Posts: 19,895
let me add to this....you can go broke trading for air pockets...we know they fill in a great deal but we can never be sure of "when"....
those minus 1500 ticks where a good clue to at least lighten up on fades....
all this stuff looks easier when the trades are over...
those minus 1500 ticks where a good clue to at least lighten up on fades....
all this stuff looks easier when the trades are over...
Originally posted by BruceM
great odds after a minus 5- 6% daily drop that we recover at least 1/2 of that in the next week...who is our stats person here
as far as I can tell all one minute air pockets got filled back in...lots of lessons here today on many levels
RB
rburns
Rep: 1,896
Posts: 383
you posted your winner. what happened to this
WHY DO THEY KEEP MAKING 1118 WEEK??? SHORTING 1125
WHY DO THEY KEEP MAKING 1118 WEEK??? SHORTING 1125
ST
stocksster
Rep: 1,303
Posts: 181
The real cause(?) for the market crash on May 06, 2010...
Read at Reuters..."Exclusive: Waddell is mystery trader in market plunge"
http://www.reuters.com/article/idUSTRE64D42W20100514
Read at Reuters..."Exclusive: Waddell is mystery trader in market plunge"
http://www.reuters.com/article/idUSTRE64D42W20100514