davezxc
Dave ZJoined Sep 01, 2009
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davezxc$QQQ and $SPY half way between ydays high and todays low. Repeat of yday, or pullback in new down trend??? -
davezxc$VXN has moved lower with $QQQ move off todays lows, but not $VIX, despite $SPY also off lows. $VIX not confirming (all very short term) -
davezxcInteresting, every one of $IWM, $SPY, $QQQ, $DIA and Nasdaq just printed a 5' shooting star as they just approached todays highs -
davezxc$QQQ 1st hour: quick pop above yday high, then dip below yday last hour low, now rallying to new highs ... so far very similar to yday. -
davezxc$SPY $IWM $DIA under falling 5' 20ema... stronger $QQQ just under flat 5' 20ema and 5' 50sma. Watching for QQQ 5' 20ema to turn down also -
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davezxcwatching confluence of $XLK 200sma and 50ema at 25.33 (just below) for $QQQ direction. Other MA's just above that -
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davezxcIt seems strange that $VIX & $VXN are not spiking to anywhere near where they were as $QQQ and $SPY test last Thurs lows.... OpEx week? -
davezxc$TNX falls to new 5 day lows, and $QQQ makes late day rally ('almost' to new high)? Something here I don't understand?? $UUP almost flat. -
davezxcI guess that 5' higher low off the $QQQ fib 50 .. wasn't. those 5' and 15' 20ema's are rock walls sometimes. -
davezxcretrace of todays $QQQ rally was to the fib 50 of that rally = daily vwap (56.73). Was trying to retest that, but just turned back up -
davezxcre earlier note of $VIX not confirming $QQQ, $SPY morning highs, the VIX's made even higher lows as market highs just tested and I missed it -
davezxc$VIX made lower lows as $QQQ and $SPY made higher highs last week, a confirmation. Today VIX and VXN have not make lower lows
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