31 votes
Master
Posted 12 February 2014 - 11:13 AM
Dont know if it will break today...Its a strong restistance line going back to the end of December Beginning of Jan when the 41600 level was rejected..Would be nice to break though..nothing stopping it till the 41900 level..work a punt for 500 points from here
She's doing her best...
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Master
Posted 12 February 2014 - 10:40 AM
Im going long again at 41400 its a strong support line
Got that right!
650 is strong resistance. Think she will pop today?
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
The Artist
Posted 12 February 2014 - 09:55 AM
Strong negative divergence on the 1 hour chart....double top?
I won't chase her higher from here...!
A
I don't trust and trade the shorter timeframes so ignore, although it could play out the bigger trend is still up...! 
A
Edited by Argento, 12 February 2014 - 09:57 AM.
"Never never never give up!"
The Artist
Posted 12 February 2014 - 09:42 AM
Like the word waverider!!
Ye, tend to like the candles on the 5H chart as well but the daily and weekly most important...!
EM's are breaking out so don't be surprised if we see new highs into March (after this pullback)!
Strong negative divergence on the 1 hour chart....double top?
I won't chase her higher from here...!
A
"Never never never give up!"
Sage
Posted 12 February 2014 - 09:31 AM
... haastige hond verbrand sy mond.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet 
Little Master
Posted 12 February 2014 - 08:55 AM
Going to pay off today.
Yes, the 20EMA on the hourly did provide support..if we can clear 700 then 42,000 is next in line.
ZA.png 73.68KB
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"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
Little Master
Posted 12 February 2014 - 08:30 AM
Lots of positivity across international indices...
I thought it was only because of the "daily wave" whereas Asia spill over based on US movement. But the Chinese data that out at 4h00 might also have something to do with it....
The Oracle
Posted 12 February 2014 - 08:17 AM
I'm long @ 41390
Alsi future
I only post my views, not advice
Member
Posted 12 February 2014 - 07:46 AM
Lots of positivity across international indices...
Master
Posted 11 February 2014 - 08:27 PM
I have commented on this yesterday morning...the people at Hot Stoxx either have a death wish or have half a brain...a few more results like that from Panasonic yesterday and Sony today and they will have their heads handed to them in a basket...Edit post: Hot Stoxx short entered at 14,119 and my long i entered a bit early at 14,300
Sage
Posted 11 February 2014 - 06:59 PM
So qe taper to continue, but market keeps going up can anyone explain
Sage
Posted 11 February 2014 - 06:41 PM
IG CASH
Sage
Posted 11 February 2014 - 05:50 PM
Not implying anything, just sharing.
Complements of MarketWatch.com
MW-BU310_scary__20140210132547_MG.jpg 57.04KB
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Sage
Posted 11 February 2014 - 05:44 PM
Suppose not much stopping SP500 to go for the gap close...
SP500_60min.png 40.94KB
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Sage
Posted 11 February 2014 - 04:21 PM
Thanks Argento.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
The Artist
Posted 11 February 2014 - 03:59 PM
Yip!
A
"Never never never give up!"
The Artist
Posted 11 February 2014 - 03:36 PM
Mini = 400 to 500 points?
Yip!
A
"Never never never give up!"
The Artist
Posted 11 February 2014 - 03:35 PM
I suppose for us wave riders the turns will be announced by the daily and weekly candles. The hourlys give lots of false signals...
Thoughts?
K
Like the word waverider!!
Ye, tend to like the candles on the 5H chart as well but the daily and weekly most important...!
EM's are breaking out so don't be surprised if we see new highs into March (after this pullback)!
A
Edited by Argento, 11 February 2014 - 03:38 PM.
"Never never never give up!"
Sage
Posted 11 February 2014 - 03:29 PM
Mini = 400 to 500 points?
Looks like we have a signal for a mini correction..but bigger trend is still up (weekly reversal candle)!
A
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Master
Posted 11 February 2014 - 02:43 PM
This year my main focus point will be to let the market show me when she turns...don't assume anything with her as that will be futile to your account!
For now let the longs run!
A
I suppose for us wave riders the turns will be announced by the daily and weekly candles. The hourlys give lots of false signals...
Thoughts?
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
