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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (10800)9/30/2010 7:31:25 PM
From: ggersh1 Recommendation  Read Replies (2) | Respond to of 220081
 
FWIW

Sell Signals in NASDAQ, SP, BP, Swiss Franc, Corn
Amzn, NFLX, AAPL and PCLN

Happy trading...



To: GROUND ZERO™ who wrote (10800)9/30/2010 8:54:59 PM
From: TraderMann  Read Replies (1) | Respond to of 220081
 
We are in a trading range right now. That trading range will become smaller...

Pullback to at least test IHS neckline of 1131, then it looks like it will head higher, back to retest 1150 level it is struggling with. Then back down to around the 1137 pivot (higher low). At this pt. it will head higher taking out the 1150 level and head toward 1165-1170 (as I have stated for a few days now). At that point I feel that it will be time for a good pullback to at (least) EW 62% of the run from 1040 to 1165/1170 back down to around the 1117-1120 area. Then I feel it will be load the boat time.

This is my best guess estimate. I look for changes daily to my charts, TA, etc. Bad news or a shakeup could scare the markets into a selloff. I feel the FED will keep this market afloat until after Nov 2, only wild chance the Dems have to prevent Reps from taking both sides of Congress...