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Yuki,
The last two candles give an obvious picture.
To cross 10,900 and go lower, you need V=68,000. [Nov11]
To cross 10,900 and go higher, you need V=81,000. [Nov12]
The interpretation is [for me] unique : 10,900 is a resistance, not a
support.
If, 2-3 bars later, the same Friday´s money will push the prices to
go lower, it will be quite easy, much easier than Nov11 attempt.
The end of the next week will give the confirmation of this scenario.
Dimitris
[BTW, who is Eliot Spitzer ??]
--- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga <yukitaga@xxxx> wrote:
> Hi DT,
>
> Yesterday? It didn't happen, apparently. Not only were machinery
> orders a negative surprise with 60 minutes to go yesterday, Q3 GDP
> was a negative surprise this morning before the open. And the
dollar
> tanked, too. Three strikes and you're out, right?
>
> Apparently not. Osaka said up, and up we went.
>
> 10,900 doesn't look like the level, as I said. Nor does the
headline
> 11,000 mean much to me, either, and we closed above it. The number
> that failed, for nearly an hour near the close, was that 50-day, now
> at about 11,035. Our high was 11,026 -- we closed just off that.
>
> I did nothing. There will be time (and setups) on Monday. If the
> market takes out the 50-day, I'll get dragged along for the ride.
> That December vacation is looking better all the time. ^^_^^
>
> Yuki
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