35854 replies to this topic

[AJS]

Important level here...

 

*edit* added another chart.

Attached Files

•  ALSI_15mins.JPG   61.63KB   14 downloads
•  ALSI_15mins_2.JPG   39.96KB   11 downloads

Edited by AJS, 21 February 2014 - 12:55 PM.

[Argento]

1) Moving within a new bull channel..

2) Bullish weekly reversal candle in place...

3) Moving into a seasonally bullish time period...

 

Don't see any short signals from here...just enjoy the Green Express (waves)!

 

A

Lekkerry,

 

Will work on the Sales percentage and stick with the Green Express!

 

A

[OceanWalz]

Shoe! 

There were 3 of those big orders in the span of 10 min that went through!

They came in as bids to buy, and was taken in one trade!

 

This is scary. Dont know what it means, but the guys with big money is putting in a big bet.

could it be call writers pre-empting having to allow call buyers at say 43k and fearing that T40Fs >43k at F's clsoe out? just a thought I read somewhere 

[Lekkerry]

You have a 50% success record in your "red hanger sale" statement since December 2013. Does not help us novices at all! 

 

I'm not short as the bigger trend (weekly reversal candle) is still up...will go long around 41700ish with this pullback!

 

Sell signal is in...next week red hanger sale!

 

A

[Lekkerry]

Wish  we knew if the wording you used was correct, or not.

 

putting in a big bet.

[Argento]

so are you short A, or waiting for confirmation of short ( red for more than a 1day or other) for better probability trade ?

I'm not short as the bigger trend (weekly reversal candle) is still up...will go long around 41700ish with this pullback!

 

Sell signal is in...next week red hanger sale!

 

A

Edited by Argento, 21 February 2014 - 12:26 PM.

[Lekkerry]

The "noting box", perhaps! LOL

 

Yes, that is why one has to go "outside the box" 

Edited by Lekkerry, 21 February 2014 - 12:25 PM.

[Mhlato]

OceanWalz, unfortunately the current market manipulation (QE) has a is diminutive-effect when attempting TA using standard tools, it would seem.

 

Yes, that is why one has to go "outside the box" 

[OceanWalz]

This ain't bullish and signals more a distribution (top) than a consolidation pattern...just need to be patient here!

 

A

so are you short A, or waiting for confirmation of short ( red for more than a 1day or other) for better probability trade ?

[Beorn]

200 contracts bought in one trade @ 42782.

 

Thats a big one!

 

Shoe! 

There were 3 of those big orders in the span of 10 min that went through!

They came in as bids to buy, and was taken in one trade!

 

This is scary. Dont know what it means, but the guys with big money is putting in a big bet.

[Mhlato]

Mhlato thank for that!!

 

Could you please post each of the top 40 shares with their market cap and weights in the top 40!!

Thanking you in advance!!

 

Pleasure HDB, see attachments that i got from the JSE Wednesday

Attached Files

•  Feb 19 2014 Sector Weights .xlsx   9.22KB   19 downloads
•  Feb 19 2014 J200.xls   53.5KB   23 downloads

[Beorn]

200 contracts bought in one trade @ 42782.

 

Thats a big one!

[OceanWalz]

OceanWalz, unfortunately the current market manipulation (QE) has a is diminutive-effect when attempting TA using standard tools, it would seem.

Amen to that L, it really makes it frustrating to read using TA and even fundamentals analysis!  

[Argento]

This ain't bullish and signals more a distribution (top) than a consolidation pattern...just need to be patient here!

 

A

[Lekkerry]

OceanWalz, unfortunately the current market manipulation (QE) has a is diminutive-effect when attempting TA using standard tools, it would seem.

 

... but bit scary so many people seem to have same idea reading upper BBs and upper part of channel to go short as well

[OceanWalz]

Daily and 5H candles looking the part for bears, just be mindful that this might be a gap close and then move higher again...

I agree w you, many people seem to have intention to go Short at jsut under 43k so as 'not to miss the boat' down and this lowers the T40 now - but I think this is premature to my trend lines of testing the 1865 level at least

 

the S&P regained its footing after poor news (jobs, etc and recently poor China manufacturing data should be bigger concern to the resource producing countries than US of A)  and indicate that it is likely to test 1850 and overshoot , even though it might take a few days to consolidate between 1830/1850 - but once the 'good news is priced in move to 1850 and accompanying last short covering etc to say upper range 1865 who is left to buy an over extended market - so all in all it seems at 42780 T40Fs a decent enough EL for a small long for me - Long 42780

then short - but bit scary so many people seem to have same idea reading upper BBs and upper part of channel to go short as well

Edited by OceanWalz, 21 February 2014 - 11:36 AM.

[HDB]

Here is some more useless info, but if you "follow the money", this might help.

 

The values was calculated using the daily avg price * volume. Now, i know it is not accurate, but it gives one an idea of where the money goes.

 

              Avg value traded            Weight in

                  (20 day's)                    TOP 40

 

NPN     2,804,259,584..............    9.51%

MTN    1,243,077,888...............   6.66%

AGL    1,043,517,568...............   7.15%

BIL         910,575,296..............    14.40%

SOL       728,530,688..............    5.55%

SAB       726,628,096..............    9.47%

CFR      596,154,944...............   10.21%

BTI        528,425,120...............   3.28%

SBK      446,975,808................   2.73%

OML     253,510,304................   2.97%

Mhlato thank for that!!

 

Could you please post each of the top 40 shares with their market cap and weights in the top 40!!

Thanking you in advance!!

[AJS]

Daily and 5H candles looking the part for bears, just be mindful that this might be a gap close and then move higher again...

[Mhlato]

Here is some more useless info, but if you "follow the money", this might help.

 

The values was calculated using the daily avg price * volume. Now, i know it is not accurate, but it gives one an idea of where the money goes.

 

              Avg value traded            Weight in

                  (20 day's)                    TOP 40

 

NPN     2,804,259,584..............    9.51%

MTN    1,243,077,888...............   6.66%

AGL    1,043,517,568...............   7.15%

BIL         910,575,296..............    14.40%

SOL       728,530,688..............    5.55%

SAB       726,628,096..............    9.47%

CFR      596,154,944...............   10.21%

BTI        528,425,120...............   3.28%

SBK      446,975,808................   2.73%

OML     253,510,304................   2.97%

[Lekkerry]

I know I might be counting the chicks prior to 'em hatching, but this is what I have been waiting for, break-down ALSI (11:00)!