Replies to post #109426 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

Close on the lows is indicated, and we should not exceed the mid-afternoon highs. SPX 911-912 and 916 are targets for the low. Follow through with a re-test of today's lows tomorrow AM, flag out, and a re-trace of the drop following a break of the falling wedge are what I'm on the lookout for:

http://stockcharts.com/def/servlet/SC.web?c=$SPX,uu[h,a]eaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f...

Ideally, I think the low may come in around SPX 913.

[chainik]

Zeev, just a comment: you made a nice observation yesterday that the change in the daily pattern (e.g. later start of the lunch rally) may signal a trend change.

No lunch rally yesterday or today; even if we get a rally today it probably should be considered an EOD bump.

[D2]

Whats up with IHUB ??

Anyway I doubled up here with JCOM @ 31.35.

[chanyu8]

Does a new (lower) box form/begin when it CLOSES below 45, the top of the last box?