Australian (ASX) Stock Market Forum

Trading The SPI - NON-Gann Techniques

good morning all
today's road map
have a great day and good trades..
ac;)

ps. will post another eod chart at the weekend
to keep those interested in it..in the loop
 

Attachments

  • spiml440.png
    spiml440.png
    58.7 KB · Views: 104
Interesting pattern this week. We have had red(down) nights and green(up) days. Any one care on a bet that we close higher than the SPI open :pimp:
 
With a little luck we may have seen a minor low in place now.
With end of FY and balancing of the books they may push it up as far and as hard as possible into week end.

-------------------------
just my thoughts ... have been known to make a wrong call before

Well!!!! ..... record oil prices and more bank writedown warnings have put paid to the "minor low" ... just have to watch for it to unfold further.
 
Yes I had a flirt with the idea that funds may play the mark up game. But really the Shorts are in control of this market and may just play the mark down game :eek:
 
good morning all
Monday's road map
have a great weekend and take care
ac;)
 

Attachments

  • spiml441.png
    spiml441.png
    58.5 KB · Views: 64
good morning,
6th chart in the series..
to keep you in the loop
resistance now at 5357..
have a great day
ac;)
 

Attachments

  • spi104.png
    spi104.png
    17.9 KB · Views: 94
Nearing major support at the March lows...
 

Attachments

  • 28-06-2008 11-12-05 AM.gif
    28-06-2008 11-12-05 AM.gif
    12.7 KB · Views: 62
Interesting pattern this week. We have had red(down) nights and green(up) days. Any one care on a bet that we close higher than the SPI open :pimp:

There's lots of good looking rallys across asia. It's just overnight we get hammered.

It's like Asia wants to decouple from the US and go it's own way. We need to draw a line in the sand and say - NO MORE..

The SPI's 100 point rally on friday after open was an example.

I think Asia needs to cut the US free like it's an unwanted cancer. .:eek:

Let it stew in it's crunches and arguments with Opec countries.

Revolt Asia! Revolt! :D

p.s. NYSE volume is increasing every night for the last 4 nights - some hope maybe?

http://www.wallstreetcourier.com/technician/daily-market-statistics/daily-market-statistics.htm#dow
 
good morning all
today's road map
have a great day and good trades
ac;)
 

Attachments

  • spiml442.png
    spiml442.png
    63 KB · Views: 87
Just had a Long tickle on the SPI. Been a while since I have done a night trade. lets see if that was a low @5057, in at 5069.

will :vomit: it on the slightest tick past entry.
 
good morning all
today's road map
have a great day and good trades
ac;)
 

Attachments

  • spiml443.png
    spiml443.png
    64.3 KB · Views: 81
good morning all
today's road map
have a great day and good trades
ac;)
 

Attachments

  • spiml444.png
    spiml444.png
    55.8 KB · Views: 85
Top