Comments on: Overhead Cradle Resistance for the SP 500 Feb 3 http://blog.afraidtotrade.com/overhead-cradle-resistance-for-the-sp-500-feb-3/ Helping traders overcome fears and emotions in trading Thu, 09 Sep 2010 15:56:07 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: A Quick Quad-Market Assessment of the Selloff Thursday | Penny Stock Trading System Blog http://blog.afraidtotrade.com/overhead-cradle-resistance-for-the-sp-500-feb-3/comment-page-1/#comment-212085 A Quick Quad-Market Assessment of the Selloff Thursday | Penny Stock Trading System Blog Sat, 06 Feb 2010 09:10:31 +0000 http://blog.afraidtotrade.com/?p=5467#comment-212085 [...] “Overhead Cradle Resistance in the S&P 500.” [...] [...] “Overhead Cradle Resistance in the S&P 500.” [...]

]]> By: bhups http://blog.afraidtotrade.com/overhead-cradle-resistance-for-the-sp-500-feb-3/comment-page-1/#comment-212698 bhups Fri, 05 Feb 2010 18:33:06 +0000 http://blog.afraidtotrade.com/?p=5467#comment-212698 Hi corey Rosenbloom Nifty broke and gave close below the 4750 level,i.e.38.2% retracement level as well as the gann fan line support of 50%. Nifty has form the BEAR FLAG pattern. I think breakout is likely to continue toward 4640 level i.e. around 200 SMA. I want to know the curretn Elliot Wave for Nifty. Regards Bhups Hi corey Rosenbloom Nifty broke and gave close below the 4750 level,i.e.38.2% retracement level as well as the gann fan line support of 50%. Nifty has form the BEAR FLAG pattern. I think breakout is likely to continue toward 4640 level i.e. around 200 SMA. I want to know the curretn Elliot Wave for Nifty. Regards Bhups

]]> By: bhups http://blog.afraidtotrade.com/overhead-cradle-resistance-for-the-sp-500-feb-3/comment-page-1/#comment-212080 bhups Fri, 05 Feb 2010 12:33:06 +0000 http://blog.afraidtotrade.com/?p=5467#comment-212080 Hi corey Rosenbloom Nifty broke and gave close below the 4750 level,i.e.38.2% retracement level as well as the gann fan line support of 50%. Nifty has form the BEAR FLAG pattern. I think breakout is likely to continue toward 4640 level i.e. around 200 SMA. I want to know the curretn Elliot Wave for Nifty. Regards Bhups Hi corey Rosenbloom Nifty broke and gave close below the 4750 level,i.e.38.2% retracement level as well as the gann fan line support of 50%. Nifty has form the BEAR FLAG pattern. I think breakout is likely to continue toward 4640 level i.e. around 200 SMA. I want to know the curretn Elliot Wave for Nifty. Regards Bhups

]]> By: A Quick Quad-Market Assessment of the Selloff Thursday | Afraid to Trade.com Blog http://blog.afraidtotrade.com/overhead-cradle-resistance-for-the-sp-500-feb-3/comment-page-1/#comment-212071 A Quick Quad-Market Assessment of the Selloff Thursday | Afraid to Trade.com Blog Fri, 05 Feb 2010 04:28:55 +0000 http://blog.afraidtotrade.com/?p=5467#comment-212071 [...] “Overhead Cradle Resistance in the S&P 500.” [...] [...] “Overhead Cradle Resistance in the S&P 500.” [...]

]]> By: Diggy - Upgradereality.com http://blog.afraidtotrade.com/overhead-cradle-resistance-for-the-sp-500-feb-3/comment-page-1/#comment-212064 Diggy - Upgradereality.com Thu, 04 Feb 2010 18:05:35 +0000 http://blog.afraidtotrade.com/?p=5467#comment-212064 Further downside we got indeed, wowee a drop of 30 points :) Further downside we got indeed, wowee a drop of 30 points :)

]]> By: Diggy - Upgradereality.com http://blog.afraidtotrade.com/overhead-cradle-resistance-for-the-sp-500-feb-3/comment-page-1/#comment-212051 Diggy - Upgradereality.com Thu, 04 Feb 2010 07:36:20 +0000 http://blog.afraidtotrade.com/?p=5467#comment-212051 Hey Corey!<br>I think the news today and tomorrow are going to steer this thing in a direction. While it is possible that we get another day or two of rally (personally I think up to around 1120) I am more leaning in favor of further downside.<br><br>Lets see how this plays out!<br>Cheers!<br>Diggy Hey Corey!
I think the news today and tomorrow are going to steer this thing in a direction. While it is possible that we get another day or two of rally (personally I think up to around 1120) I am more leaning in favor of further downside.

Lets see how this plays out!
Cheers!
Diggy

]]> By: bhups http://blog.afraidtotrade.com/overhead-cradle-resistance-for-the-sp-500-feb-3/comment-page-1/#comment-212050 bhups Thu, 04 Feb 2010 04:14:34 +0000 http://blog.afraidtotrade.com/?p=5467#comment-212050 Hi corey Rosenbloom<br>Can you Please update Nifty Elliot wave.<br>Currently major Resistance and support seen around 4980 and 4750 level respectively Hi corey Rosenbloom
Can you Please update Nifty Elliot wave.
Currently major Resistance and support seen around 4980 and 4750 level respectively

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/overhead-cradle-resistance-for-the-sp-500-feb-3/comment-page-1/#comment-212047 Corey Rosenbloom, CMT Thu, 04 Feb 2010 02:10:37 +0000 http://blog.afraidtotrade.com/?p=5467#comment-212047 That's right! That was also a failed triggered head and shoulders set-up that trounced the bears, resulting in a massive short-squeeze. That's right! That was also a failed triggered head and shoulders set-up that trounced the bears, resulting in a massive short-squeeze.

]]> By: skogie1 http://blog.afraidtotrade.com/overhead-cradle-resistance-for-the-sp-500-feb-3/comment-page-1/#comment-212046 skogie1 Thu, 04 Feb 2010 01:55:40 +0000 http://blog.afraidtotrade.com/?p=5467#comment-212046 Looking at the simple moving averages, didn't we experience this in mid-July? The S&P was at about 925 then.... Just an FYI to all those looking to short based upon this setup. Looking at the simple moving averages, didn't we experience this in mid-July? The S&P was at about 925 then…. Just an FYI to all those looking to short based upon this setup.

]]> By: Dan de Man http://blog.afraidtotrade.com/overhead-cradle-resistance-for-the-sp-500-feb-3/comment-page-1/#comment-212044 Dan de Man Wed, 03 Feb 2010 19:52:40 +0000 http://blog.afraidtotrade.com/?p=5467#comment-212044 Thanks Corey. I would have to take an educated guess that the bulls push to the 20 ma, 1120 just to frustrate some bears and then fail. The MACD histogram is still rising and trading against that wave could be short term painful. I just don't think that the bulls are just going to give up that easily. Thanks Corey. I would have to take an educated guess that the bulls push to the 20 ma, 1120 just to frustrate some bears and then fail. The MACD histogram is still rising and trading against that wave could be short term painful. I just don't think that the bulls are just going to give up that easily.

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