5 minute charts don't look

    Posted by cw12 on 3rd of Sep 2010 at 11:20 am

    5 minute charts don't look that bad on the indices. Looks like bull flags or a triangle forming.

    cw12, Michael

    Posted by isplat on 3rd of Sep 2010 at 11:39 am

    interesting... I'm with Palldin on this one: on the 5 & 15 min charts it looks to me as though we're in a bear flag, if anything.

    Always happy to hear another point of view and learn from it, of course!

    careful though, the BBs are

    Posted by Palladin on 3rd of Sep 2010 at 11:53 am

    careful though, the BBs are pinching on the 5 min. and there is (was?) so much up expectation for today it might bust up just to spite! I'm keeping close tabs on my (mental) stops.

    overall still looks down to me...

    RUT 2000 tick chart

    Posted by Michael on 3rd of Sep 2010 at 11:44 am

    I agree, I like reading posts contrary to my own ideas.  Here's one chart I'm watching.

    just thinking the same thing,

    Posted by Michael on 3rd of Sep 2010 at 11:27 am

    just thinking the same thing, intraday looks like we could go higher...

    hmmm - to me it

    Posted by Palladin on 3rd of Sep 2010 at 11:30 am

    hmmm - to me it looks like sideways or down

    today is supposed to be seasonally strong. I'm just not buying it (pun intended)

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