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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: velociraptor_ who wrote (25013)12/13/2001 10:33:59 AM
From: robin 187  Read Replies (1) | Respond to of 209892
 
Velo......this could form an island reversal here if we close in this area, right?



To: velociraptor_ who wrote (25013)12/13/2001 10:36:41 AM
From: AllansAlias  Read Replies (3) | Respond to of 209892
 
In the Keep It Simple Stupid department, we have a classic setup on COMPX: a long wedge that had a throwover to the upside and now we have gapped down out of it. That's very bearish. On the flip-side, one must be on guard for the Hound signal: this should not show any good up from here or the very bearish signal is invalidated and that's bullish.



To: velociraptor_ who wrote (25013)12/13/2001 10:38:22 AM
From: Jack of All Trades  Respond to of 209892
 
Thanks for the reply, volume has been drying up in the ES2H since about 20 past. Not sure if shorts will get nervous because of the lack of volume. There was no appreciable up volume yesterday until the turn...

EDIT Up volume now coming lets see if the is the real deal for up or a shorting opp..



To: velociraptor_ who wrote (25013)12/13/2001 11:21:33 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
As the regulars here know, anytime we get overlapping price I am on the lookout for elliott triangles (a-e0 or ending diagonals (1-5).

Here's a scenario I like for what's going on in tech. A possible 'C' ending diagonal:

angelfire.com

I'll track it 'til it dies.

Now I'll work on how this would fit with non-tech...