Here's a video commentary on the charts below, I'm seeing
some warning signs here, still need to break down from
the uptrend channels for follow through, but keep an eye on things
here. However if support holds at the channel supports, then
the pullback will be minor and we will bounce again. Watch
those channel supports.
Slo STO %K(60) dipped below 80% as shown on your chart. On a
60min time frame is this then now a sell trigger considdering that
price also broke down slightly below the trendline?
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SPX market comments and chart links
Posted by matt on 22nd of Sep 2010 at 11:15 am
Here's a video commentary on the charts below, I'm seeing some warning signs here, still need to break down from the uptrend channels for follow through, but keep an eye on things here. However if support holds at the channel supports, then the pullback will be minor and we will bounce again. Watch those channel supports.
http://breakpointtrades.com/jing/2010-09-22_1014.swf
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SPX 15 min chart
Non-Stockchart members, copy and paste URL
http://stockcharts.com/c-sc/sc?s=$SPX&p=15&yr=0&mn=0&dy=14&i=p64376388525&a=191967918&r=7975
SPX 30 min chart
Non-Stockchart members, copy and paste URL
http://stockcharts.com/c-sc/sc?s=$SPX&p=30&yr=0&mn=1&dy=15&i=p99178679533&a=191969799&r=7425
SPX 60 min chart
Non-Stockchart members, copy and paste URL
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=2&dy=1&i=p66040015458&a=191694401&r=6687
SDS 60 min chart
Non-Stockchart members, copy and paste URL
http://stockcharts.com/c-sc/sc?s=SDS&p=60&yr=0&mn=1&dy=25&i=p03187556610&a=189854159&r=4909
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and here's a link to FreeStockcharts.comwith SPX 60 min, 15 min, 5 min, SDS 60 etc
http://www.freestockcharts.com?emailChartID=22b61cc6-f3f5-4e98-b26b-b5d8ce571a31
NFLX
Posted by vdonato on 22nd of Sep 2010 at 04:14 pm
Nice work guys!
Saved em. Thanks Matt.
Posted by kellyvu on 22nd of Sep 2010 at 11:58 am
Saved em. Thanks Matt.
SPX sell trigger?
Posted by kobie on 22nd of Sep 2010 at 11:48 am
Hi Matt
Slo STO %K(60) dipped below 80% as shown on your chart. On a 60min time frame is this then now a sell trigger considdering that price also broke down slightly below the trendline?