Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

[SanMiguel]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

spy..the s500 etf
daily data plot.
the last upward pattern is called a catapult in p/f terms.the green lines is where the pattern fails.a failed pattern like this can give big moves.my guess is that the green area will act as solid support uneless more big news comes in

Hi dentist - would you call that a support area because of the last bounce? ie double bottom on the 0's?
Could you also draw the 45 degree lines here?

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

cable
showed a chart pattern...bullish signal reversed.it is a recoil patternand then goes back into the trend.usually have 3 consecutive higher highs,and 3 consec higher lows

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

euro showing the same character,except the upmove has not started to go down as yet.a break of 1.4100 should confirm this
just an opinion

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

solid res in the dow

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

same with the nas 100
both 1 min data plot

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

s500 also showing the same

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

dow update
1 min data plot

an s/r area..purple line/dotted showing up

 

[kaciara]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

long footsie trg 5350

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

update on the chart i posted a couple of days ago.the failing catapult.this chart is getting very close to being bearish..however,even worse can happen.if it retraces and then breaks down,a vertical count becomes active and the target is approx another 10% away
daily data plot
spy..s500 etf.
box size is 0.6% by 3 reversal

failed catapults can have aggressive price moves
time to liquidate any longs..i think..the upside is limited..
just an opinion

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

dollar index
5 min data plot.this is a bullish chart now.broken a res/just
not good for stocks uneless it retraces

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

ws..thanks for the innput this morning on dollar index.you are right.it is at a major res
thanks again

here is the chart

 

[kaciara]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

long footsie trg 5350

still in

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

still in

excellent...you should get some gains very soon

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

we are goin up and pretty soon

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

some strength starting to creep back in

spy
1 min close data plot

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

not yet
the range is constricting
getting ready to break

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

i would like to see the range constrict even more so we get a bigger pop
let hope

 

[Dentalfloss]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

dollar index.
hourly data plot.this is still a bullish chart.no hint of any downside movement as yet.plenty of upside targets.no down ones present as yet.uneless sentiment changes.then its on up we go.not good for stocks as yet

 

[rezadamus]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

Hi...anyone know where WallStreet (the guy who set this forum up) is?

 

[Nasdiq]

Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

Hi...anyone know where WallStreet (the guy who set this forum up) is?

Yes Reza, you can catch him on his website at :

http://wallstreet1928.ning.com/