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Here's a shot of the @NQMO using the same layout. Tick bar charts work
pretty good IF you are getting all or most of the ticks. Such charts on BMI
satellite sucked bigtime with delayed crossovers. These are made with DTN
sat.
Bob
----- Original Message -----
From: BobR <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, June 07, 2000 12:44 PM
Subject: [RT] Re: S&P chart
> Rather than OBV, I kind of prefer cum(upticks - downticks) on the emini.
> Even McClellan Osc on upticks, downticks has some usefulness.
>
> BobR
>
> ----- Original Message -----
> From: Earl Adamy <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, June 07, 2000 11:43 AM
> Subject: [RT] Re: S&P chart
>
>
> > Thought this 30 minute June SP might be of interest to the list because
> > it illustrates a number of trading aids. The wide magenta line marks the
> > 25% retracement level which makes the bull flag pattern Dennis pointed
> > out extremely bullish. Just under the magenta line is a cyan line which
> > marks the bottom of a gap - very critical support. The yellow lines show
> > the range of the first hour of trading - a breakout from the first hour
> > often sets the trend for the day. Just above the magenta line are a pair
> > of cyan lines beginning on Monday delineating Monday's inside day and
> > beginning on Tuesday a single cyan line delineating Tuesday's high.
> > Also, we have a double bottom (1457.50) in the 30 minute. Finally, On
> > Balance Volume (based on ticks not actual volume because this is a
> > future) shows consistent accumulation all day today. Altogether a very
> > bullish picture. We are long the initial position with stop under gap
> > support and looking to add more. If the 1489 (June) high is taken out,
> > the 62% bull flag projection runs to 1528.
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Wednesday, June 07, 2000 7:51 AM
> > Subject: [RT] Re: S&P chart
> >
> >
> > > Rechecking my SP chart this morning, I see that the time correction is
> > > projected to Wednesday morning, not Thursday. The 25% retracement has
> > > contained the decline nicely and my NYSE model remains bullish - am
> > > looking to trade the long side this morning with small position near
> > > low, will add if upmove is confirmed above 1470.
> > >
> > > Earl
> > >
> > > ----- Original Message -----
> > > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Tuesday, June 06, 2000 9:37 AM
> > > Subject: [RT] Re: S&P chart
> > >
> > >
> > > > I had noticed flag (and gap support) on the SP hourly yesterday
> > > evening
> > > > but my time projections suggest that a correction of the strong
> > rally
> > > > should require the same amount of time as the rally itself which
> > would
> > > > take it to early Thursday. My biggest trading problem is entering
> > > before
> > > > corrections are complete so I'm trying to use some patience. The
> > flag
> > > > looks very good on the hourly, holding nicely above the 25%
> > > retracement
> > > > at 1460 (1373.50 - 1489) and OBV is rising strongly.
> > > >
> > > > Earl
> > > >
> > > > ----- Original Message -----
> > > > From: "Dennis Holverstott" <dennis@xxxxxxxxxx>
> > > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > > Sent: Tuesday, June 06, 2000 8:32 AM
> > > > Subject: [RT] S&P chart
> > > >
> > > >
> > > > > I'm surprised that none of the chartists have commented on the
> > S&P.
> > > > > Things that stand out to me on the 30-min are the classic head and
> > > > > shoulders, a gap that needs to be filled, and a bull flag. Earl?
> > > > >
> > > > > --
> > > > > Dennis
> > > >
> > > >
> > >
> > > ----------------------------------------------------------------------
> > > --
> > > > --------
> > > >
> > > >
> > > >
> > >
> > >
> > >
> >
>
Attachment Converted: "f:\eudora\attach\NQMO.gif"
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