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 II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (40291)10/11/2002 10:53:41 PM
From: Killswitch  Respond to of 52237
 
Hmm yeah stockcharts warned me that intraday timeframe charts wouldn't work via a link. Odd. Anyway here's the roadmap:

Pull up a 60 min SPX chart going back to at least Sep 23. Top line of expanding triangle connects highs on Sep 26, Oct 2, and today. Lower line connects lows of Sep 24, Sep 30, Oct 9/10. Both lines are downsloping, although the top line only slightly. If it holds ideally we should have turned back down from the high today and head back down. A print of today's high or higher would clearly negate it.

Ok I whipped together a quick chart in QCharts:

personalpages.bellsouth.net



To: Paul Shread who wrote (40291)10/11/2002 11:57:12 PM
From: Killswitch  Read Replies (1) | Respond to of 52237
 
My concern with that chart I just posted is that it does not have a flat or rising top line. Is there such a thing as an expanding triangle with a downsloping top line? If not, what is this? mirage, yet price action reversed perfectly off it today?


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