NQ DT 02/11/10

black

1. market continues yesterday's late drop but failed penetrate yesterday's low. two big tail bear bars indicate market was trying to go down twice but both failed.
2. strong bull bars, second higher high long entry, and it's also looks like it broke a double bottom neckline.
3. breakout pullback. it also a bull flag.
4. breakout with strong bull bar, it also broke today's high, long.
5. pullback in strong trend, long first higher high here. by now, it's confirmed an uptrend day. buy every pullback and don't even think about short until trendline broken.
6. bull flag consolidation.
7. market tried twice to break out previous high, both failed, market is not as strong as before, this also looks like double top pullback or triple top, but because this is a strong up trend day, don't short. take profit and re-enter if market break out again, but it never happened.
8. not much action rest of the day. market looks toppy at close, 6,7,8 forms H&S? or it's just another bull flag?

Fig

I think 6,7,8 are too small to be a H&S top. It is more like a consolidation before moving higher.

oda

thank you very much.

black

I think 6,7,8 are too small to be a H&S top. It is more like a consolidation before moving higher.
Fig 发表于 2010-2-11 16:57

可能，不过今天这么strong的rally, 没有收HOD，有点可疑

柴禾

I think 6,7,8 are too small to be a H&S top. It is more like a consolidation before moving higher.
Fig 发表于 2010-2-11 16:57

agree

michaelzhang

happyface

看你的图很明白,自己一干就不是那么回事了.努力学习.

Fig

可能，不过今天这么strong的rally, 没有收HOD，有点可疑
black 发表于 2010-2-11 15:05

some profit taking at close, didn't see bears get in.

abaqus

It should more pullback before a new high

Alchemist

Fan8an

thanks

ut1984

WJWJ

thanks

ChuChu888

Thanks so much.

RedCedar

Very nice, Thanks!

wyjhyd

slcgh

lwjnbtx

Thanks!

cowboy11

想发