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ALSI

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Not applicable
Oh, I can see we are going to have a delightful time today. /sarc off. Death by a thousand cuts today, anyone?
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30 REPLIES 30
FEK
Super Contributor
Well 300 points up and moving forward
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FEK
Super Contributor
Now sitting at 500 points, halfway there, could this be the start of the santa claus rally ?
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Rams
Super Contributor
Yes, good going this morning, but pancakes now, I think. Could retrace to 39600(possible re-entry )....but all the way down to 39500, and possible 15 minute trend change....
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Mar-11
Super Contributor
think the top is possibly in place now again....
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Mar-11
Super Contributor
high broken so long on....
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Rams
Super Contributor
back to 40000,but US markets (via twitter from Simon Brown)closed today ...
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Mar-11
Super Contributor
41000s soon in my book...
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Not applicable
Has to get through 40150 and then 40600 to get there first. With a possible bounce off the medium term resistance (now support) line.
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Rams
Super Contributor
agree with your levels on 15 minute charts. But are w going to get there: looking at daily ALSI needs to take out 40839 and close above that level, to reverse this down trend....40839 was the previous lower high (or end of wave b and monday was end of wave c). Today, we need to get to at least 40235....
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Mar-11
Super Contributor
yes wld be impossible to get to 41000 without passing thru 40150 and 40500 1st...
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Rams
Super Contributor
eh, eh.......
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th-mb
Occasional Contributor
some sort of a double top formation on the alsi 15min chart, mayb the 40300 level is proving to be a strong resistance, atleast for this week
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Rams
Super Contributor
300, taken out, now need to close above 300....
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Rams
Super Contributor
Closed my position at 40 380....green tommorow and more opportunities....
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Rams
Super Contributor
Maybe the US half day trading/early close today churning out the pancakes....
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Rams
Super Contributor
Well, US markets popping ahead and we still in pancake mode...
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Not applicable
A bounce off 40000 or 39770?
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Rams
Super Contributor
40200
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FEK
Super Contributor
Carnage out there
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