Replies to post #8687 on MDA - Market Direction Analysis (MDA)

[gtober]

Good eye augieboo. I would also like to point out those 3 Daily Black Crows which are not in danger of being negated yet. As well, notice how the volume is declining into the right shoulder. (albeit today may break that pattern)

Too bad we were not in a downtrend, since both the H&S and Black Crow patterns would then be much more reliable.

GT

[dayniteshadow]

H & S Formation

With the stipulation that I am not even a neophyte when it comes to tech analysis, wouldn't the lower volume on the right shoulder give even more creedence to your analysis.

[pantmaker]

Augie-You ever go long JNPR? Nice move here.

pants

[katka]

Augie, did you notice,there is since last week new trading vehicle for BIG nasdaq index on Amex? Its ticker is "ONEQ", it is ETF and already has decent trading volume. This could be something BIG like SPY, QQQ or DIA. Could You spare some time to look at it? The price is 1/40 of $COMPQ, which is the wildest animal of all the major indexes. I hope somebody very-very smart will open new Board for it, or better 2 or 3 for spicy competition of new trading metods & ideas. This vehicle deserve the best brains of iHub! IMGO...
Yours,katka
P.S. Comments from everybody else are also invited.