Posted On: 09/01/2015 4:18:04 PM
Post# of 72436
Today was excellent imo. Holding the lines very well on such a gruesome day. Part of me thinks that many are getting use to the market whiplash and are letting the majors duke it out. That’s really a good thing. I have most of my retirement secure and have really only been putting my paychecks in for a couple months now to accumulate on the way down. CTIX is moving up. I really am trying to keep claytrader from getting a clue what’s been going on. Ospreyeye posted so me thinks clay isn’t far behind. Today’s action shows the attempt to hold CTIX down failed. A breeze could push this right through the upper Bollinger to the 50dma (2.43) imo. I know it seems trivial to some but I like watching the charts. Keeps me busy so I don’t go nuts waiting for the fundamentals to pay off.
Load some indicators on your chart, momentum, money flow and fast stochastics. Also the bollingers with a 3 line EMA. Straight away you see the squeeze that sent this from 1.92 back up to 2 at the end of day. This very well come into play on the daily (1 month) if the bollingers continue to tighten before CTIX launches through the upper Bollinger. Strong hands are holding and I think some are also accumulating what they can. I like it.
Load some indicators on your chart, momentum, money flow and fast stochastics. Also the bollingers with a 3 line EMA. Straight away you see the squeeze that sent this from 1.92 back up to 2 at the end of day. This very well come into play on the daily (1 month) if the bollingers continue to tighten before CTIX launches through the upper Bollinger. Strong hands are holding and I think some are also accumulating what they can. I like it.
Quote:
Price/Volume+ chart is funny, strong hands holding, looks like someone is walking the price down and I see that the red volume bars are winning today. Notice that there are some little trades so teeny that that don't even hardly show up on the volume chart -- must be more of the famous 100 share trades.
http://bigcharts.marketwatch.com/advchart/fra...p;state=11
Some market maker or broker has to be in on the short cabal, for there to have been all those 100 share phony trades for so many months.
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