Disqus - Latest Comments for terlyn

Re: SPX Trapped Between Daily EMAs – A Closer Look

terlyn — Thu, 29 Jul 2010 15:29:18 -0000

On a 20-minute chart, it seems to me that this upward spike, unless it exceeds the swing high, might be a wave 2?

Re: Midweek Check on NASDAQ and SPX Market Internals

terlyn — Wed, 28 Jul 2010 15:08:29 -0000

Did you mean that for day trading or swing trading?

Re: Midweek Check on NASDAQ and SPX Market Internals

terlyn — Wed, 28 Jul 2010 14:55:03 -0000

There is symmetry on the 5-minute charts over three days.

Re: Midweek Check on NASDAQ and SPX Market Internals

terlyn — Wed, 28 Jul 2010 14:53:29 -0000

So glad you said that about waiting until breaking 110.50.

Re: Update on the Market Internals on SP500 Breakout

terlyn — Mon, 26 Jul 2010 11:05:13 -0000

OK now, thanks.

Re: Update on the Market Internals on SP500 Breakout

terlyn — Mon, 26 Jul 2010 11:03:53 -0000

Image is not linked on my computer.

Re: Will it Hold or Break? Major Resistance Revealed on the Three Indexes

terlyn — Thu, 22 Jul 2010 13:04:05 -0000

I think you meant 10400 on the DJI.

If SPY doesn't break abaove 110, there will be a double top on the 60-minute chart.

Re: Link: Research on Weak Morning TICK and Close of Day

terlyn — Fri, 16 Jul 2010 13:18:20 -0000

Oh right!!! Why do I always forget that!! I'm going to pin that on my computer.

THANKS for reminding me, Corey!

Re: Link: Research on Weak Morning TICK and Close of Day

terlyn — Fri, 16 Jul 2010 12:55:42 -0000

Oh, okay. But there is a momentum divergence all morning. We'll see how this plays out today Not trading because of opex, but would have made a nice trade short.

Re: Link: Research on Weak Morning TICK and Close of Day

terlyn — Fri, 16 Jul 2010 12:16:42 -0000

That is not what happened yesterday, but these are opex days and big news days.

Re: Interesting Observation on the Recent VIX Move

terlyn — Tue, 06 Jul 2010 12:12:02 -0000

There is still that June 29th gap that could fill.

Re: The Collapse of the EURCHF and the Relation to the SP500

terlyn — Thu, 01 Jul 2010 08:58:02 -0000

It should then give us a heads up for any end or correction in the downtrend.

Re: Writing the Obituary for the Stock Market

terlyn — Wed, 30 Jun 2010 16:29:46 -0000

Are you holding short now as a swing or position trade?

Re: Writing the Obituary for the Stock Market

terlyn — Wed, 30 Jun 2010 16:28:42 -0000

And 875 is also the measured move from the head and shoulders pattern as well as 68.1% retracement of the March 9th rally.

Re: Writing the Obituary for the Stock Market

terlyn — Wed, 30 Jun 2010 16:14:32 -0000

What about yesterday's gap?

Re: Writing the Obituary for the Stock Market

terlyn — Wed, 30 Jun 2010 16:12:50 -0000

I guess it wasn't an inverse head and shoulders :) A rounded reversal that happened very fast...too fast...and everyone had their stops under the day's lows.

Re: Bond Funds TLT and IEF Nearing Key Breakout

terlyn — Mon, 28 Jun 2010 15:47:21 -0000

I'm looking at a possible bear market ascending triangle in SPY. Please let me know if you agree.

Re: Are We Still Repeating the February 2010 Pattern?

terlyn — Mon, 21 Jun 2010 12:17:01 -0000

Trading around resistance/support lines is hazardous!

Re: Just How Much Higher Can this Thing Go on Negative Internals?

terlyn — Wed, 16 Jun 2010 16:08:20 -0000

I'm losing about $35.00 a day. I'm trying to do everything right, but it's not working.

It would have been a good idea to swing trade starting June 8.

Re: Just How Much Higher Can this Thing Go on Negative Internals?

terlyn — Wed, 16 Jun 2010 14:21:35 -0000

If SPY gets to 115 or 117 and then reverses, there will be a head and shoulders pattern.

Re: Just How Much Higher Can this Thing Go on Negative Internals?

terlyn — Wed, 16 Jun 2010 14:00:23 -0000

I thought I counted a 5-wave impulse this morning. Also,, I thought I counted a 5-wave on the 60 minute chart with a divergence at the end of wave 5, which I think we could be ending. Please check me on this.

Re: Just How Much Higher Can this Thing Go on Negative Internals?

terlyn — Wed, 16 Jun 2010 13:58:21 -0000

Also tried to do an A-B-C correction, but it did not work or I counted it wrong.

Re: Bulls Willing to Do Anything to Avoid Falling into Market Abyss

terlyn — Thu, 10 Jun 2010 13:28:20 -0000

Can you explain why the $VOLDSPD has been going up all day, but the price is in a rounded reversal? Thanks.

Re: Blog Milestone: 2000 Posts!

terlyn — Tue, 08 Jun 2010 12:34:08 -0000

Congratulations, Corey! I have learned the most from your blog and your Idealized Trades lessons. You definitely are a natural writer and a superb teacher. I have read the writings of well-known traders, but your teachings lay the foundation for your students to think for themselves. I look forward to every blog!

Re: June 1 Market Action Shows Importance of Watching Overnight Sessions

terlyn — Tue, 01 Jun 2010 12:30:34 -0000

I'm looking at a rounded reversal from at least 5/27.