Toni Hansen's Online Trading Blog

Monday, July 14, 2008

11:26 Toni: GS base at lows
12:03 Toni: GS first bit of support on "A" pattern breakdown
12:15 Toni: GS would have partials protected (+$2.00-$2.50)
12:15 Toni: at least
12:16 Toni: support at friday lows
13:08 Toni: GS any remaining can be trailed over this base on the 5 min

11:30 Toni: futures showing support
11:54 Toni: futs support giving way
11:58 Toni: i think the market is dead set against any decent daily bounce !

12:29 Toni: futures forming potential bear flag on 400-800 tick charts
13:05 Toni: 13:05:20 Market Alert: NQ bear flag/base at lows

13:23 Toni: NIHD forming start of an avalanche on the 5 min

13:24 Toni: futures here testing the 5 min 20 sma again
13:24 Toni: if it breaks or just starts hugging it then charlie can get his rally

13:26 charlie: looks like most stocks are just stuck
13:27 Toni: yeah
13:27 Toni: i am not finding anything right now
13:27 Toni: just flipping through charts but nothing catching my eye
13:31 Toni: bear flag still in play in the futs... not really doing much
13:31 Toni: not yet hugging resistance either to suggest a break higher
13:31 Toni: limbo.....
13:43 Toni: market liked charlies hug

13:47 Toni: futs first resistance btw
13:52 Toni: futures doing a good job of holding that resistance on the 5 min... has phoenix potential on that time frame
13:52 Toni: 13:52:50 Phoenix: For more information on this setup, please see http://www.tradingfrommainstreet.com/techanalysis2.html#17

14:38 Toni: BVN is basing at highs... i dont like the sharp flush higher but not seeing much out there

14:41 Toni: GMXR 30 min avalanche potential

15:14 Toni: HERO base at highs
15:54 Toni: HERO exhausted
15:54 Toni: can close ahead of bell now (+$0.50-0.65)

0 Comments:

Post a Comment

<< Home