Dow 2008

[postman]

I am of the opinion that there is an opening gap between the implied dow cash price and the closing value of the dow yesterday.
There are a number of threads around on the subject of "gap filling" and I think we fit the criteria today. The test of 565 in that timeframe was one of my indicators.
Hope that helps a little.

And that's numberwang ... 593

For a proper gap fill we would need to hit 612, but no one's that crazy ???

Its all downhill from here...

 

[Hook Shot]

Oil givng up without a fight......... currently taking an 8 count on the canvass...
but inventories Wed so don't right him off just yet .... remember the Amir Khan comeback

To be fair Amir was not doing "that" bad .........

 

[firewalker99]

Its all downhill from here...

Pre- FOMC doldrums then...

 

[brutusdog]

Love the Dow!

you turning to the dark side Tom? thought you were focusing on the Eurodollar....

 

[CJIA]

Shampoo forming on the 5 min ?

 

[firewalker99]

Shampoo forming on the 5 min ?

What's shampoo?

 

[CJIA]

What's shampoo?

The dandruff one,Head and Shoulders ?

 

[firewalker99]

Its all downhill from here...

I'm actually not at all convinced it is...

 

[Pat494]

Looks like its headed for a downward slope to me

 

[firewalker99]

The dandruff one,Head and Shoulders ?

sorry, when this kind of sideways movement goes on, everybody starts seeing a pattern
try taking a different scaling on your chart, soon you'll see it disappear

aah over an hour to go

 

[Phil Mibbutz]

I'm actually not at all that convinced it is...

More like all sideways, until the news, at least.

 

[firewalker99]

More like all sideways, until the news, at least.

I'm long on the NQ from 1858, but it's not doing much. And volume is dropping off rapidly.

 

[Phil Mibbutz]

I'm long on the NQ from 1858, but it's not doing much. And volume is dropping off rapidly.

Firework display soon, though?

 

[firewalker99]

Firework display soon, though?

out at 56 for -2

this one is for Paul: a losing trade

 

[firewalker99]

out at 56 for -2

and back in long at 58.

 

[brutusdog]

Firework display soon, though?

hope so, not around to catch the earlier moves so hoping we can get a decent set up after the news. the picture is cloudy to say the least at the moment though. sit on those hands for now.:whistling

 

[smbtnt]

I would prefer to be holding longs on YM going into FOMC with support at 560, a nice spike up past the days high at 7pm and then hopefully a quick fade just after to break under 560.
Thats my SFP.

 

[firewalker99]

and back in long at 58.

and out again at 56 for -2.

should've known to stay clear of pre-fed things

 

[Hook Shot]

No Shampoo here...... not sideways either

Oil givng up without a fight......... currently taking an 8 count on the canvass...
but inventories Wed so don't right him off just yet .... remember the Amir Khan comeback

To be fair Amir was not doing "that" bad .........

Went from 108.00 to 109.00

Randum Geeza (aka Hs)

 

[smbtnt]

I would prefer to be holding longs on YM going into FOMC with support at 560, a nice spike up past the days high at 7pm and then hopefully a quick fade just after to break under 560.
Thats my SFP.

Let's see if this descending wedge pans out....only a sharp spike up will do...