Welcome to the Trader-X blog!

> TRADEthemove.com - my thoughts
> meditationSHIFT (formerly "tad")- just say "om"

Thursday, June 29, 2006

Thursday's charts

Looks like a rally into the close.

I am done for the day, but wanted to put up a few charts. COMS, which I discussed earlier. And SNE, which gave a second entry above the Fibonacci extension.

Answer the three questions on your own.







__________
Tags:
, , , , ,

3 comments:

Anonymous said...

Where did everyone go?

Trader-X said...

Hey Rickey. A lot of people took the day off because of the Fed. Also, comments tend to be more frequent Mon-Wed, and less so Thu and Fri.

What's up?

Trader-X said...

If you look back over June, there were several instances that COMS printed similar wide range bars. But, what appealed to me more than that was the way the second and third bars filled in the tail of the first bar, which is a pattern I have discussed before.