Comments on: Quick Andrew’s Pitchfork Tool Insight on the SP500 http://blog.afraidtotrade.com/quick-andrews-pitchfork-tool-insight-on-the-sp500/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Andrews Pitchfork Bounce for SP500 Update | Penny Stock Trading System Blog http://blog.afraidtotrade.com/quick-andrews-pitchfork-tool-insight-on-the-sp500/comment-page-1/#comment-211164 Andrews Pitchfork Bounce for SP500 Update | Penny Stock Trading System Blog Fri, 06 Nov 2009 08:26:28 +0000 http://blog.afraidtotrade.com/?p=3926#comment-211164 [...] Look to see if there’s ever a break to the downside of the Median line, currently situated around 1,050 and rising, as that will potentially signal a change in market character just as the upward break from the down-sloping trendline that occurred shortly after I posted the May 13th down-trendline update. [...] [...] Look to see if there’s ever a break to the downside of the Median line, currently situated around 1,050 and rising, as that will potentially signal a change in market character just as the upward break from the down-sloping trendline that occurred shortly after I posted the May 13th down-trendline update. [...]

]]> By: Andrews Pitchfork Bounce for SP500 Update | Afraid to Trade.com Blog http://blog.afraidtotrade.com/quick-andrews-pitchfork-tool-insight-on-the-sp500/comment-page-1/#comment-211133 Andrews Pitchfork Bounce for SP500 Update | Afraid to Trade.com Blog Thu, 05 Nov 2009 17:12:00 +0000 http://blog.afraidtotrade.com/?p=3926#comment-211133 [...] Look to see if there’s ever a break to the downside of the Median line, currently situated around 1,050 and rising, as that will potentially signal a change in market character just as the upward break from the down-sloping trendline that occurred shortly after I posted the May 13th down-trendline update. [...] [...] Look to see if there’s ever a break to the downside of the Median line, currently situated around 1,050 and rising, as that will potentially signal a change in market character just as the upward break from the down-sloping trendline that occurred shortly after I posted the May 13th down-trendline update. [...]

]]> By: Andrews Pitchfork Update on SP500 | Penny Stock Trading System Blog http://blog.afraidtotrade.com/quick-andrews-pitchfork-tool-insight-on-the-sp500/comment-page-1/#comment-210803 Andrews Pitchfork Update on SP500 | Penny Stock Trading System Blog Tue, 20 Oct 2009 21:25:50 +0000 http://blog.afraidtotrade.com/?p=3926#comment-210803 [...] are still valid) June 18th on the S&P 500 (which show the ’standard’ Andrews Tool) May 13th S&P 500 which shows a Downward Pitchfork from the Market [...] [...] are still valid) June 18th on the S&P 500 (which show the ’standard’ Andrews Tool) May 13th S&P 500 which shows a Downward Pitchfork from the Market [...]

]]> By: Andrews Pitchfork Update on SP500 | Afraid to Trade.com Blog http://blog.afraidtotrade.com/quick-andrews-pitchfork-tool-insight-on-the-sp500/comment-page-1/#comment-210771 Andrews Pitchfork Update on SP500 | Afraid to Trade.com Blog Mon, 19 Oct 2009 16:36:00 +0000 http://blog.afraidtotrade.com/?p=3926#comment-210771 [...] are still valid) June 18th on the S&P 500 (which show the ’standard’ Andrews Tool) May 13th S&P 500 which shows a Downward Pitchfork from the Market [...] [...] are still valid) June 18th on the S&P 500 (which show the ’standard’ Andrews Tool) May 13th S&P 500 which shows a Downward Pitchfork from the Market [...]

]]> By: laurel http://blog.afraidtotrade.com/quick-andrews-pitchfork-tool-insight-on-the-sp500/comment-page-1/#comment-212872 laurel Sun, 07 Jun 2009 17:16:46 +0000 http://blog.afraidtotrade.com/?p=3926#comment-212872 hi corey<br><br>so where are we now? hi corey

so where are we now?

]]> By: laurel http://blog.afraidtotrade.com/quick-andrews-pitchfork-tool-insight-on-the-sp500/comment-page-1/#comment-209510 laurel Sun, 07 Jun 2009 12:16:46 +0000 http://blog.afraidtotrade.com/?p=3926#comment-209510 hi corey<br><br>so where are we now? hi corey

so where are we now?

]]> By: John http://blog.afraidtotrade.com/quick-andrews-pitchfork-tool-insight-on-the-sp500/comment-page-1/#comment-209252 John Fri, 15 May 2009 15:17:47 +0000 http://blog.afraidtotrade.com/?p=3926#comment-209252 Hi Corey:<br><br>I wondered if you could comment on the reverse head and shoulders of the S&P 500. To complete that pattern, could 800 be enough or would we need to go down to the 743? If we did test the 743, would that fall in line with your pitchfork retrenchment back to the mid-line? Thanks for your insight.<br><br>John Hi Corey:

I wondered if you could comment on the reverse head and shoulders of the S&P 500. To complete that pattern, could 800 be enough or would we need to go down to the 743? If we did test the 743, would that fall in line with your pitchfork retrenchment back to the mid-line? Thanks for your insight.

John

]]> By: Denis http://blog.afraidtotrade.com/quick-andrews-pitchfork-tool-insight-on-the-sp500/comment-page-1/#comment-209240 Denis Thu, 14 May 2009 19:04:56 +0000 http://blog.afraidtotrade.com/?p=3926#comment-209240 Hi corey,<br>I wonder why you are saying "3. Draw to a retracement high", but when I look on your chart, you have draw back to the closing price not exactly to the high. When I draw it to the real high, I get a different result then you. <br><br>Can you explain what is the right way to draw pitchforks?<br><br>Regards<br>Denis Hi corey,
I wonder why you are saying “3. Draw to a retracement high”, but when I look on your chart, you have draw back to the closing price not exactly to the high. When I draw it to the real high, I get a different result then you.

Can you explain what is the right way to draw pitchforks?

Regards
Denis

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/quick-andrews-pitchfork-tool-insight-on-the-sp500/comment-page-1/#comment-209234 Corey Rosenbloom, CMT Thu, 14 May 2009 14:03:55 +0000 http://blog.afraidtotrade.com/?p=3926#comment-209234 I'm having difficulty as well - need to go back further in the data (try the first swing from $41 to $45 in 2005 on a log chart - interesting). <br><br>The angle of ascent and descent has been so steep over the last year that a pitchfork is difficult to draw. I'm having difficulty as well – need to go back further in the data (try the first swing from $41 to $45 in 2005 on a log chart – interesting).

The angle of ascent and descent has been so steep over the last year that a pitchfork is difficult to draw.

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/quick-andrews-pitchfork-tool-insight-on-the-sp500/comment-page-1/#comment-209232 Corey Rosenbloom, CMT Thu, 14 May 2009 13:53:30 +0000 http://blog.afraidtotrade.com/?p=3926#comment-209232 Agreed! There's so much you can do with this overlooked TA tool. Agreed! There's so much you can do with this overlooked TA tool.

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