You need to register separately on the Chart Forum
- see Chart Forum Help
Edit Profile Profile Help Help
Forum Rules Forum Rules Advanced Help/Instructions Advanced Help
Search Last 1|3|7 Days Latest Posts Latest Posts
Search Search Forum Tree View Tree View
   

Russel 2000, sucking slew water

Chart Forum » Markets » Russel 2000, sucking slew water

««  Previous  Next  »»


 
Thread Start New Thread 
Last Poster Posts Pages Last Post
         

Author Message

Top of pagePrevious messageNext messageBottom of page Link to this message
ehmu
Member
Username: ehmu

Post Number: 445
Registered: 08-2010

Rating: N/A
Votes: 0


Tuesday, May 24, 2011 - 03:48 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



The Russel 2000 has broken down below the 13ema on the weekly, as well as W%R having broken below the ROC.

On the 8day chart, it is about to break down using the same measures as above.

On the daily chart, the Russell 2000 closed below the 89ema, violation of the 34ema is quite bearish, so the 89ema is even more serious.

On the 8day idiot chart, The Russel 2000 broke down some time ago.








_____ n a m a s t e

These musings are not a recommendation to buy or sell stocks.


Top of pagePrevious messageNext messageBottom of page Link to this message
ehmu
Member
Username: ehmu

Post Number: 455
Registered: 08-2010

Rating: N/A
Votes: 0


Saturday, May 28, 2011 - 06:23 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



The FED plunge protection team spent the whole day defending their gap breakout of the Russell 2000. The RUT closed above the down trending price channel, however the caliber of the interference required some larger ammo to do the same for the XII and S&P big money.

Tuesday will be another day, and of course there will likely be a breakout on all fronts, since money is no object for the main players.













_____ n a m a s t e

These musings are not a recommendation to buy or sell stocks.


Top of pagePrevious messageNext messageBottom of page Link to this message
ehmu
Member
Username: ehmu

Post Number: 588
Registered: 08-2010

Rating: N/A
Votes: 0


Sunday, August 07, 2011 - 10:39 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Russell--A case for a Monday Rally

Attached monthly chart shows fridays bounce off of the long term downtrend line and the 61.8% retracement of the latest large rally. Check also that the W%r is crossing negatively, meaning if you're going long you'd better be dancing close to the door, because there will be strong selling if price breaks the current support around $70.

Also check out the monthly bollinger band 21/2 (your own chart). The price is resting on the mid line. If the monthly closes below the mid line, all hell will, or will have already broken loose.








_____ n a m a s t e


Every trade involves a gorgeous seller with goods, and an ugly buyer with money.


Not a recommendation to buy or sell equities

Top of pagePrevious messageNext messageBottom of page Link to this message
ehmu
Member
Username: ehmu

Post Number: 589
Registered: 08-2010

Rating: N/A
Votes: 0


Sunday, August 07, 2011 - 10:50 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



\
IWM monthly bb

I'm stoked to go short on a break down. Any short upward countertrend will be wwwwwwaaaaaaaaaaaaaaaaaaayyyyyyyyyyy to fast for these old bones.





_____ n a m a s t e


Every trade involves a gorgeous seller with goods, and an ugly buyer with money.


Not a recommendation to buy or sell equities

Top of pagePrevious messageNext messageBottom of page Link to this message
ehmu
Member
Username: ehmu

Post Number: 628
Registered: 08-2010

Rating: N/A
Votes: 0


Thursday, August 25, 2011 - 06:38 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Hey there soup fans and rally monkeys, the plot thickens:

About two weeks ago, I posted the long term down trend above. And I sent it to a friend telling him that I thought that this would be a battle line that might take a little while to win.

I said this because of the support of the trend line, but also that this level is currently at the 61.8% retracement of Mr. Ben Bernanke's QE2. The are large numbers of bulls that want to see a bounce here.

If you draw a line at 70. (700 russell2000) and 65 (650), you will have defined a well worn path of both buyers and sellers.

This path turns out to be the best travelled of all recent price history. It is the deepest rut for any new travellers to escape, so it may be the toughest range to break out of in either direction.

If you call up a chart that shows a shorter time frame you will see that the sentiment favors the bears right now (price is below support---making it now resistance). We'll see what Jackson's Hole does for price.

A rally above the battle zone is or course still possible, and if you're a day trader, you're hoping that the volatility never ends.













_____ Hal



Top of pagePrevious messageNext messageBottom of page Link to this message
ehmu
Member
Username: ehmu

Post Number: 649
Registered: 08-2010

Rating: N/A
Votes: 0


Thursday, September 01, 2011 - 09:09 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



The McClellan summation index has recovered 23.4% of it's losses since July 22.

The Russel 2000 has recovered 50% of it's losses since July 22.

Could the price drop have been the FOMC clones taking their chips to the other side of the table ??? And the exaggerated rally, was it accomplished with a smaller float ??

Put it another way, if there were ten $100 dollar bills on the other side of a guillotine and you thought you were alone, would you reach across the blade to extract the money ??? Long----or----very short ?





Did the FOMC set a trap, or maybe they're just waiting to "yank" when the markets drop.


_____ Hal


US Stocks 15-minute delayed

Add Your Message Here
Post:
Bold text Italics Underline Create a hyperlink Insert a clipart image

Username: Posting Information:
This is a private posting area. Only registered users and moderators may post messages here.
Password:
Options: Enable HTML code in message
Automatically activate URLs in message
Action:

 
Other Threads  
Last PosterPostsPagesLast Post
Spin Doctors, perception is reality, UUP vs $VIXstoian85 04-Aug-12  07:14 am
Relationship between XJO and S&P500 performance wisegamefisherman09-Jul-12  07:01 pm
Greek default---domino effectperler5917 25-Jun-12  09:27 pm
McClellan, July 2011ehmu11-Jun-12  09:52 am
XAO vs AUD contradictionehmu13-Apr-12  05:48 am
VTI_us even weighted index etfp3t304-Feb-12  01:36 pm
VIX Fear Index trendfibonacci30-Jan-12  09:37 pm
Dow Jones bearish divergenceehmu16-Nov-11  05:14 am
ASX Advance-Declinematross29-Oct-11  04:37 pm
Is anybody making moneyredrover24 09-Oct-11  07:46 am
Where did I go wrong?jimdene5420-Aug-11  12:43 pm
Horse HOckeyehmu09-Aug-11  11:51 am
The Banks, boss, THE BANKS !!!!!ehmu22-Jul-11  04:27 am
US Leadership stocks taking a powder for the last yearehmu21-Jun-11  02:48 am

Threads by Last Post Time:

First Previous 1 2 3 4 5 6 7 8 9 0 1 2 3 4 Next Last

Administration Administration   Log Out Log Out    

««  Previous  Next  »»