Tuesday, December 29, 2009

Trading signals


Please click chart image to enlage

8 comments:

Anonymous said...

Allan - thank you for your update this was great. On a side note what are your thoughts for the rest of the week?

Mike

Allan said...

re: rest of the week

significant geopolitical risk atop a low-trading overbought market, sticking with my signals basis the hourly and daily models.

Allan said...

read: low-volume overbought market

Anonymous said...

Can light volume make for a big selloff...I have always wondered that?

Mike

Anonymous said...

Will you please post if these signals change before the close

Allan said...

Funny you should ask, as I have been mulling over sending out these real time along with a few other gems to a private e-mail list, for a modest monthly fee. Its not entirely my idea, suggested a few days ago by a reader, but it makes a lot of sense for what is setting up to be a hell of a ride in 2010. Win-Win for all.

We'll see....

Anonymous said...

I think you can use twitter too for that

Anonymous said...

.
Australian Opera House formation

There are four rising-wedge formations since July-09 on the $INDU chart.

1. beginning of Sept. - resolved downward.
2. beginning of Oct. - resolved downward.
3. beginning of Nov. - resolved sideways.
4. currently, end of December (a wee one, since breakout of channel, but same form as others) - tbd.

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