frtaylor - I've been talking about that, all the MA's on the
daily are bunched up in a place where price could be set to run up
and breakout if it wants to, and we've been consolidating for a
while and building energy. that said while today looks good,
follow through is still needed. I'd also like to see price
get back above that ATR on the BPT MA
Posted by frtaylor on 10th of Feb 2015 at 03:47 pm
Thanks - it's difficult to remember all the information you guys
provide in the newsletters. Thanks for the quick response, I'll
also try to refer back to the newsletter as I wonder about such
questions.
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frtaylor - I've been talking
50ma hold confirmation
Posted by matt on 10th of Feb 2015 at 03:38 pm
frtaylor - I've been talking about that, all the MA's on the daily are bunched up in a place where price could be set to run up and breakout if it wants to, and we've been consolidating for a while and building energy. that said while today looks good, follow through is still needed. I'd also like to see price get back above that ATR on the BPT MA
http://screencast.com/t/4wrgCh3xQ
Likely measured moves?
Posted by kwalling on 10th of Feb 2015 at 05:38 pm
Matt - What would be the likely measured moves for SPY & QQQ if the breakout is confirmed? Thx! BTW, great analysis and insight on SPY last night.
Thanks - it's difficult to
Posted by frtaylor on 10th of Feb 2015 at 03:47 pm
Thanks - it's difficult to remember all the information you guys provide in the newsletters. Thanks for the quick response, I'll also try to refer back to the newsletter as I wonder about such questions.