yep, it has been dead weight for
sure, here's a
chart of GDX, it is just follow the 9 day EMA and a steep downtrend
line. GDX is also under performing relative to the metal as
you can see via the ratio at the top of the chart
again no reason to be aggressive
here, commodities continue to get pummeled.
yep, it has been dead
gold
Posted by matt on 19th of Aug 2008 at 08:54 am
yep, it has been dead weight for sure, here's a chart of GDX , it is just follow the 9 day EMA and a steep downtrend line. GDX is also under performing relative to the metal as you can see via the ratio at the top of the chart
again no reason to be aggressive here, commodities continue to get pummeled.
SPX Pivots from Ninja Trader:
Posted by matt on 19th of Aug 2008 at 10:02 am
SPX Pivots from Ninja Trader: S1 = 1268, S2 = 1258, of course we consider 1260 - 1265 to be pretty big supports from the the charts
Nasdaq Pivots, S1 = 2395
Ninja Pivots
Posted by rgoodwin on 19th of Aug 2008 at 10:12 am
WOW Matt, amazing the accuracy of those points. I need to look at that software.
What's below 2395 on Compq?
I expect qqqq will pull
Posted by kichan77 on 19th of Aug 2008 at 10:18 am
I expect qqqq will pull bk 46.53 according second weekly pivot point support.
http://charts.vk1314.com/qqqq.png
1274, however I would give
Posted by matt on 19th of Aug 2008 at 10:17 am
1274, however I would give +/- a few points around those pivots i.e. 2395, give it a few points. 1260 - 1265 is support on SPX
Thanks Matt!
Posted by rgoodwin on 19th of Aug 2008 at 10:19 am
Thanks Matt!
pivots
Posted by rafe on 19th of Aug 2008 at 10:05 am
thanks Matt
matt, another good suggestion would be
Posted by dylan398 on 19th of Aug 2008 at 09:08 am
matt,
another good suggestion would be to wait for the slow stochastics to cross over 20...