SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chris who wrote (26357)7/31/2000 12:27:06 PM
From: Robert Graham  Read Replies (1) of 42787
 
Here we now have this move up on the SPOO, but happening at an unusual time of the trading session, which makes this suspect to me. Still, there is a setup for a "double header" where the floor can hit stops at two price levels close to each other. One at just above 1448.00 and the other just above 1449.00, today's high.

**Update**

Here at 12:30 PM looks like the floor is attempting to clear those stops. One attempt so far made in this effort. It will be interesting how this sets up the move for the afternoon session. That 20 EMA 7 is looking like it wants to be touched by a move down in price. On a related note, it is interesting that the ND futures has made a higher intraday high during this move up during this lunch session. But the TRIN has bounced off of a trend line in its continued move *up*.

Bob Graham
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News