Price Time Volume Investing

High volume down days are not good. But as a caveat, movement around a Fed meeting is usually nonsensical. One the plus side, the breadth of my mechanically generated top 100 list was positive today on good volume. Continue reading

I bought a banner to support our local little league teams. Nothing market related but I like the picture I created. Continue reading

If the QQQQ can break through the 50% retrace line then I think it will go to the 1:1 descending slope around 50. The market is pausing and waiting for the Fed and the GDP numbers. Continue reading

I liked the close on Friday. Price hit the old high at the right time. There is no guarantee from here and I don’t expect much of an upside before we are overbought. Continue reading

If you look at the first chart in my public chart list you will see a good example of a bullish chart. The thrust up from March ended on April 7th. Price needed an equal amount of time to work off this move. Continue reading

The market short term range square discussed earlier this week is ending today and we need to see where price closes today. The interday chart shows price right at the diagonal at the end of time for this range time slope box. Continue reading

What I am seeing tonight: Overbought/oversold with Advance / Decline line neutral Continue reading

I just bought a BlackBerry Pearl 8130 with some of my gains off the March 17th bottom. The keyboard is a challenge but I’m figuring it out. Continue reading

The volume was up today on a down price day which is a negative. How much of a negative remains to be seen as price moved up will after 3PM on big volume. Continue reading

Here is a workup of my slope lines based on the range of the five waves from Oct05 bottom to the Oct07 top. As an educational exercise relating to what works for me, here as some the relationships I am looking at. Continue reading

Weekly market summary with respect to price, time, volume, cycles, and market internals. Continue reading

Assuming we take out the April high, I think we will move to the 1:1 down Gann line. SPX 1440 is 90 degrees above 360 degrees (1402) and also 5/8 from the low. Continue reading

I have opened up the blog for comments from anyone. I removed the requirement of only registered posters being allowed to comment. Continue reading

My previous post listed Friday as the mid-point of time which is calendar days. If you use trading days then today was day 7 after a 15 day thrust. Volume was good and I want to see new highs and continuing volume to have confidence. Continue reading

Interesting that the VLE turned up at the slope of the “C” wave from the 2005 correction between major five wave formations. I drew this line a few months ago and just noticed that it retested this angle on the exact week that ended the duration of the first A-B-C in 2005. Continue reading

On Friday I posted about price retracing to a 50% move off the March low. Next Friday the 18th is options expiration and also 50% of the time of the 17Mar-07Apr move which took 21 calendar days. Continue reading

SPX bounced off the 4:1 descending angle and appears headed for the 1:1 ascending angle near 1320. The move off the recent high looks to be trying to retrace to the 50/50 point which will occur around expiration next Friday. Continue reading