spi to franiedee and others , page-3

  1. 1,356 Posts.
    re: spi to frankeede and others ,woops AMTrade_Group

    SPI 9th September 2003


    Australia
    221 Posts
    Posted - 09/09/2003 : 07:41:56

    SPI continued trending during the entire day moving
    back towards the 3-highs yesterday before stalling, and
    now with the close of midnight we have the new 3-day
    highs at 3247 and we have the 3-week highs of 3248.

    This is our resistance/sell zone.

    AMTrade_Group

    Australia
    221 Posts
    Posted - 09/10/2003 : 07:25:00

    SPI 10th September 2003

    Yesterdays high at the sell zone of the 3-period highs
    have the high probability of being the high for the
    week, and looking at yesterday’s bar action, or as the
    Bill Williams the US analyst views these bars, they can
    provide the first sign of the market
    Going through a reversal period.

    AMTrade_Group


    Australia
    221 Posts
    Posted - 09/11/2003 : 07:48:07

    SPI September 11

    The Chart say’s it all, and this is where we find out
    the confirming sequences whether 3247 is the high.

    Now on sequential data (SDC) we have an O set-up,
    the O set-up is the famous Larry Oops trade, a lower
    open and a gradual rise in the day back to central points
    in the market.

    We are trading below the previous daily lows 3211-13 so
    this can provide resistance in early trading but any added
    buying strength could follow through in the last 100 minutes
    of trading from 2.50pm

    If the 3-day dynamic lows are broken of 3197 then the market
    is under serious pressure.

    +++++++++++++++++++++++

    GSE,

    THERE ARE ALOT OF TRADERS IN FORUMS AND INFORMATION THAT I HAVE BEEN READING AND RECEIVING THAT POINTED A HIGH IN THE MARKETS ON THE 8TH/9TH SEPTEMBER.

    I'M NOT SURE, SO FAR THAT SUGGESTS WE HAVE REACHED THE HIGH AND EVERYTHING THAT HAS FOLLOWED SINCE SAYS THAT, BUT I NEED TO STILL SEE A FEW CONFIRMING CLOSES FOR IT.

    IF THE MARKET HIT AROUND 3263-73 I WOULD SCREAM SHORTS, BUT ATM IT CAN JUST BE A 'WEEKLY STATISTICAL HIGH' THAT OUR MARKET NORMALLY FOLLOWS.

    SEE HOW IT GOES THIS ARVO AND NEXT FEW DAYS.

    CHEERS.


 
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