alf44 2,025 posts msg #95636 - Ignore alf44 modified |
8/13/2010 10:54:54 PM
E93 ... didn't go LONG EOD !
That 1080 S&P Level looks like a place where we "may" bounce ... BUT ... I didn't want to think about LONG (or, SHORT for that matter) exposure over the weekend !
ALL the Major Index ETFs printed "Inside Days" today !
Clearly the Market is in a place of indecisiveness (if that's a word) !
We are coiled ... we could explode HIGHER ... or, LOWER from here ... indicative of Inside Days and Range Contraction ! fwiw
I just didn't feel the need to try and be a hero here and decided to take copious profits !
I'll look for clues next week ... my bias is to be SHORT this Market ... but I will wait for my setup !
Regards,
alf44
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alf44 2,025 posts msg #95637 - Ignore alf44 |
8/13/2010 11:20:37 PM
Now ... Again ... Patiently ... Waiting !!!
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alf44 2,025 posts msg #95638 - Ignore alf44 |
8/13/2010 11:22:12 PM
......................................I will wait ... patiently ...
........................................... for my next shot !!!
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Eman93 4,750 posts msg #95640 - Ignore Eman93 |
8/14/2010 12:16:16 AM
Yes a rally to RUT 640 would be sweet.........
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alf44 2,025 posts msg #95641 - Ignore alf44 modified |
8/14/2010 12:33:28 AM
... 640 on the ^RUT would put us right at a retest of the 30 week EMA !
I'm sure you know this !
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I would be lookin' to git SHORTER THAN VERNE TROYER ... thereabouts !!! fwiw LOL
All In My Opinion Of Course !!!
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alf44 2,025 posts msg #95642 - Ignore alf44 modified |
8/14/2010 12:52:43 AM
... ah hem ... not to say that I might not also look to work a "countertrend LONG" in there on the way to that "retest" ... as well !
We shall see !
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"The Market" ... WILL ... tip it's hand !
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PATIENCE !!!
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alf44 2,025 posts msg #95668 - Ignore alf44 modified |
8/15/2010 9:54:10 PM
..............................BLACK GOLD ...
.............................. TEXAS TEA !!!
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alf44 2,025 posts msg #95669 - Ignore alf44 modified |
8/15/2010 9:56:43 PM
............................UCO ... looks interesting to me here !
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1) Bottom Tail / ODR / ROCdiv
2) doji Candle
3) RSI(2) @ 2.82
4) Stochastic @ 4.18
5) 7 consecutive Lower Highs
6) 20 day LOW
I'm thinking UCO just may bounce here !
May nibble some this week (for a trade) !
We shall see !
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alf44 2,025 posts msg #95679 - Ignore alf44 modified |
8/16/2010 10:07:22 AM
FYI ... in LONG some UCO !!!
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alf44 2,025 posts msg #95688 - Ignore alf44 modified |
8/16/2010 9:33:03 PM
.......... HEAR YE ... HEAR YE ... HEAR YE !!! ..........
............... The ODRs are Here ... AGAIN !!! ...............
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