S&P 15 min snapshot

    Posted by matt on 23rd of Apr 2008 at 10:51 am

    I see a few questions about the 15 min index charts- late yesterday the custom 60 period Stochastics crossed up over 20% to give a buy signal and so far so good! Also as you can see on this 15 min SPX chart, it is breaking out of the bull flag pattern. Also bounce right off logical support yesterday near the 200 EMA and horizontal support

    Hi matt,   Glad to be an

    Posted by schen2000 on 23rd of Apr 2008 at 12:33 pm

    Hi matt,

     

    Glad to be an official member.  My DZZ trade is finally showing signs of life.  

    Regarding SPX 15 min charts--looks like it would be hard for the bull flag to materiallize, with all the neg D's on 60 min charts.  What are your thoughts?  Thanks.

    schen

    schen2000 - and others, I hope

    Posted by matt on 24th of Apr 2008 at 10:22 am

    schen2000 - and others, I hope you didn't get scarred out of your DZZ or GLD short!  Really we should have been short gold stocks I guess, but oh well.

    Thanks Matt.  Thanks to your insights

    Posted by schen2000 on 24th of Apr 2008 at 10:47 am

    Thanks Matt. 

    Thanks to your insights on gold and oil, I stayed long and strong on DZZ and DUG--actually just added DUG yesterday. 

     

    Really appreciate your video analysis.  It would be great if you can make it on a daily basis--it does not have to be extensive everytime.  A brief summary, say 5-10 min, will be good.

    Matt, nope didn't cover, held onto

    Posted by ocracoke53 on 24th of Apr 2008 at 10:37 am

    Matt,

    nope didn't cover, held onto my GLD short and its looking good. :-)

    rp, doc

    Have been scaling into DUG this week, and did pickup SRS around 85 and did buy ZNH before it took off! Thank

    Hi matt,   Glad to be an

    Posted by schen2000 on 23rd of Apr 2008 at 12:26 pm

    Hi matt,

     

    Glad to be an official member.  My DZZ trade is finally showing signs of life.  

    Regarding SPX 15 min charts--looks like it would be hard for the bull flag to materiallize, with all the neg D's on 60 min charts.  What are your thoughts?  Thanks.

    schen

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