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Alsi Futures 10Nov10

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Super Contributor
Ooh! Big gap forming!
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13 REPLIES 13
Super Contributor
Engulfing red and lower low on the 15 min candles.
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Frequent Contributor
we might see abit of profit take in when london opens.
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Super Contributor
Havn't seen a decent bit of profit taking in a long time. Looks like it might have started this week on the Dow.
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Super Contributor
Gone long for gap close.
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Not applicable
Are u still expecting gap to close today?
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Super Contributor
Touch and go! I entered the long too early but still holding it. Jumped the gun and didn't wait for my trigger.
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Super Contributor
This is getting dangerous, looks like a H&S on the 15min chart.
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Super Contributor
or a failed head and shoulders on the 1 min :)
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Regular Contributor
HG hope them stoplosses were in place
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Not applicable
Hey HG, man I even saw that engulfing red and the MA 7/21 pointing down. As you know, I helped you to sponsor the SBK xmas tree this year, but, what you are seeing is scaring me. I think you have the wrong software.
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Not applicable
Snakepit,what software or sites are you using?Thanks
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Super Contributor
So, ALSI bounces on what was the resistance zone for the ascending triangle from earlier this week. Will the support hold. I think the opening tomorrow may be interesting.
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Not applicable
Don't know if this is the right stuff, but it seems to work. I change the chart to candle, 15min, add 2 ma's of 7 and 21 and that's it: http://www.futurespros.com/futures-indexes/south-africa-40-futures-advanced-chart. Remember, I might be wrong and if I am, I would appreciate any help or advice. I am still doing a lot of learning.
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