Daytrading with Consensus

[Ares]

Happy New Year Everyone!!!

Link to sebfr's thread on the head and shoulder pattern:

http://www.3stocksonfire.org/trading/index.php?topic=4055.0

[Ares]

SPX inverted head and shoulders?

[Ares]

Links to research and analysis done so far:

SPX daily chart inverted head and shoulders:

http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_U/threadview?bn=58157&tid=253035&mid=253054

Well_armed 900 to 1050 range:

http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_U/threadview?bn=58157&tid=253046&mid=253046

SP 500 & VIX weekly chart (by erik):

http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_U/threadview?bn=58157&tid=252588&mid=252980

SPX daily chart Wave 2 or w?

http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_U/threadview?bn=58157&tid=252948&mid=252957

[Ares]

Here is a possible bear flag forming on the SPX daily chart:

Some view it as an uptrending wedge:

http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_U/threadview?bn=58157&tid=253066&mid=253239

Some see a diamond bottom:

http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_U/threadview?bn=58157&tid=253577&mid=253584

and some may see it as an inverse head and shoulder too:

http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_U/threadview?bn=58157&tid=253035&mid=253054

What other pattern can you see in this ink blot? lol. 

[Ares]

SPX daily chart 1044.31

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_U/threadview?m=te&bn=58157&tid=253787&mid=253787&tof=1&frt=1#253787



Just an observation:

It seems to align better with the green left uptrendling line

and the

left red thick descending trendline.

[Ares]

Here's the SPX daily chart with an added pink uptrending line:



Will the 918.85 yellow horizontal support hold?

Will price test the pink uptrending line?

Will price stay above the 50dsma?

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_U/threadview?m=te&bn=58157&tid=253787&mid=253787&tof=3&frt=1#253787

[Ares]

SPX daily chart with some speculative green uptrend lines (considered cosmic's comment):



Cosmic's comment in the thread titled: "VIX daily chart":

http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_U/threadview?bn=58157&tid=256965&mid=257160

[Ares]

Here's the chart that looked like there was support lines stacked on the 5 minute chart:



but it went even lower.

Will the 897-900 support hold today?

We'll have to wait and see.

Thread titled "Support lines stacked on the 5 minute chart":

http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_U/threadview?bn=58157&tid=257561&mid=257626

[Ares]

Here's a link to a thread started by bob titled " Jan 7 chart from Bobb Nostra@#$%us":

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_U/threadview?m=te&bn=58157&tid=258541&mid=258541&tof=6&frt=1

[Ares]

Oscar's Short term trading video link (from factspls):

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_U/threadview?m=te&bn=58157&tid=258570&mid=258570&tof=2&frt=1

[Ares]

SPX 5 day/5minute forming a W pattern?

Will it break above the descending trendline or break below the green uptrend line?

[Ares]

SPX hourly chart speculative lines:

[Ares]

SPX Sonic Boom or c retracement?

Note:

I adjusted the speculative angle of attack, adjusted the steeper green uptrend line, and adjusted "a".

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_U/threadview?m=te&bn=58157&tid=260077&mid=260077&tof=1&frt=1#260077

[Ares]

SKF 5 minute chart double top and trading below the neckline

[Ares]

VIX daily chart looks to have used the midde M as resistance