P&S and STO Death Blow's Message Board

STOCKTALK

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 : P&S and STO Death Blow's

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jeff who started this subject	8/26/2002 6:36:02 PM
From: Jeff	Read Replies (2) of 30712

KEYS TO WATCH..... obviously SPX hit that critical 950 again and turn backed.... the 30-60 min charts on everything is overbought again "except" for the "full sto".....that is key here.... if SPX can't break above that 950 zone.....you are looking at "full sto hourly d-blows on everything"......and dumpage happens..... now if SPX breaks above 950.....even though the fast and slow sto are overbought....that full sto breaking above 50 can cause much more upside.....then of course you look for its last high for a DT at 965...... also......the "slow sto on all the daily charts could pull up into anti-venom and send everything past last weeks highs"......you better watch that close folks...you don't want to mess with anti-venom as many found out here around aug 6th when anti-venom showed up on the dow and spx and lead to a ramp-a-thon..... to sum up..... for a down move....spx can't break 950 and you get a full sto hourly d-blow..... for an up move...spx breaks above 950 and the dailys pull anti-venom..... but even if it breaks 950 you better watch for a DT at 965.....because it could do this all during intraday and still head down and close lower and kill the anti-venom.... final sum up...<gg> watch for d-blows on all charts on the full sto hourly... watch for anti-venom on all daily charts on the slow sto.. watch and see what SPX does around that 950 area.... simple....<gg>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next