November 17th, 2009 by theequilibrium | Comments
As $AMZN has recently ripped to new all-time highs after a post earnings explosion, it is worth a closer look on multiple time frames to see if the move is sustainable. Let’s begin with the monthly chart:
I have posted this chart many times over the past few months, noting how significant a break above the [...]
October 22nd, 2009 by jsfalvo | Comments
Per David Elliott :
Our comments of sellers at yesterday’s highs, was again tested today, and found more sellers, enough to give the DJ-30 a market swing of 176 points from a new DJ high to the low.
This market swing created another Key Reversal signal on the Daily, and a Bear Engulfing pattern on the 2 day charts for [...]
October 22nd, 2009 by jsfalvo | Comments
Per David Elliott :
Our comments of sellers at yesterday’s highs, was again tested today, and found more sellers, enough to give the DJ-30 a market swing of 176 points from a new DJ high to the low.
This market swing created another Key Reversal signal on the Daily, and a Bear Engulfing pattern on the 2 day charts for [...]
October 21st, 2009 by theequilibrium | Comments
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Amazon.com, Inc. (NASDAQ) – daily- working chart- rising wedge, but holding a range above 94.50 breakout level
Amazon.com, Inc. (NASDAQ) – long term weekly- working chart- looking to break above 9 year trend line
Research In Motion Limited (USA) (NASDAQ) - daily- working chart- this chart has [...]
October 20th, 2009 by jsfalvo | Comments
Per David Elliott :
Yesterday saw little Index dip moves and a market run starting at 10:00AM.
Our SOAP Sell set-up is still valid with a good market drop, that did not happen today.
AAPL hit our dip target then rallied thru the close to a $20 point swing from the low.
AMZN missed out dip target by a [...]
October 20th, 2009 by jsfalvo | Comments
Per David Elliott :
Yesterday saw little Index dip moves and a market run starting at 10:00AM.
Our SOAP Sell set-up is still valid with a good market drop, that did not happen today.
AAPL hit our dip target then rallied thru the close to a $20 point swing from the low.
AMZN missed out dip target by a [...]
October 19th, 2009 by jsfalvo | Comments
It is so good to have David Elliott’s thoughts on the markets again. David has been battling cancer and he will post when he can for now. So below I have pasted David’s thoughts on the market right now.
Per David Elliott :
Friday saw a bounce in the US$, from a failed new low retest, that [...]
October 19th, 2009 by jsfalvo | Comments
It is so good to have David Elliott’s thoughts on the markets again. David has been battling cancer and he will post when he can for now. So below I have pasted David’s thoughts on the market right now.
Per David Elliott :
Friday saw a bounce in the US$, from a failed new low retest, that [...]
October 13th, 2009 by theequilibrium | Comments
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Amazon.com, Inc. (NASDAQ) - daily- needs to regain 94.50 after giving up breakout on negative divergences
Financial Select Sector SPDR (ETF) (NYSE) - daily- bear wedge looking to battle 15.44 – volume diverging from price
Nasdaq Index – monthly – 3.5 – 5.0% running room until major resistance [...]
October 7th, 2009 by theequilibrium | Comments
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Amazon.com, Inc. (NASDAQ) - daily- taking a 3rd try at breakout above 94.50
