Thread: JTH's Account Talk

Originally Posted by JTH

Good finish for the week, perfectly primed to head either direction...

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100% possibility of seeing: 1,921.85, eh?

Originally Posted by FAB1

100% possibility of seeing: 1,921.85, eh?

Yes, absolutely! The million dollar question is how do we get there?

I believe the PNF .25% box chart illustrates this price action perfectly.

- Across wave AB we are bearish and it's fairly obvious

- Across wave BC, 50% is at 1930, so anything below that price I'd consider to be bearish

- The chart patterns look setup for awesome bearish price action, but it's so obvious, I'd rather go contrarian

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Originally Posted by JTH

Yes, absolutely! The million dollar question is how do we get there?

I believe the PNF .25% box chart illustrates this price action perfectly.

- Across wave AB we are bearish and it's fairly obvious

- Across wave BC, 50% is at 1930, so anything below that price I'd consider to be bearish

- The chart patterns look setup for awesome bearish price action, but it's so obvious, I'd rather go contrarian

Is that a definate maybe?

Pre-open buying to S&P 1960 and BAM - JTH's Red line! If it cant go above that Look out below and least we aren't following China like the Euros are...let the US market lead the way! Down!

I'll see all you eager buyers at 1830 then we will make some real money, eh?

Can't get to my charting account from work, will post the update when I get home.

2:00p is this rally 4 Real or is it Memorex?? ; )

Whoa over 1965 and lookit go. damn it.

More of the same, without confirmation, we lack conviction, without conviction we may chop around here for a bit. Despite today's awesome gains, I consider everything under 2000 (or 50%) belonging to the sellers.

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Tran's PNF .25% box scale flipped over to a buy, with a Triple Top Breakout. That puts SPX, W4500, TRAN in bullish territory, with the NASDAQ 100 at a double top.

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Sideways correction at a lower level, it will bounce but when?

Originally Posted by JTH

Tran's PNF .25% box scale flipped over to a buy, with a Triple Top Breakout. That puts SPX, W4500, TRAN in bullish territory, with the NASDAQ 100 at a double top.

Originally Posted by nnuut

Sideways correction at a lower level, it will bounce but when?

NASDAQ 100 flips over to a buy, with a Bullish Triangle Breakout

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More of the same, back in the red channel, but still in the green channel. Perhaps we've got a little ascending triangle going on, either ways it would be nice to maintain this higher low, or else risk setting off another flood of sellers...

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