Trading the markets with Jerry Olson

[jerryo]

WHEW! that was hard work<g>

thanks all...geez wonder if i can remember how i did that...heh heh heh

we had a very good mring scalping...hope everyione else did too...

[DuaneG]

Good job Jerry! Looks like you got it....

I think you'll get a lot of use out of this feature.

[jerryo]

Thanks for all your help and Alexis too..

appreciate it...tough to teach an old doggie new tricks.

[jerryo]

THIS IS A POINT AND FIGURE CHART OF THE QQQ'S...

SUPPORT AT 33.50 WHICH WOULD BE 100% OVERSOLD..

THE FIRST 3 BOX REVERSAL BACK UP IS AT 36.00 HEADING TO MY 1ST ARGET AT 37.OOWHICH IS THE MIDDLE OF THE 10 WEEK TRADING BAND...

THEN WE'LL SEE...

[smokey]

QQQ 35.65 may be tough area

35.65 area might be tough but 36 could be reached on an overshoot and then that yellow circle would need to be revisited probably.

[soylent]

Hi Jerry --

I like your P&F. I think it's imperative we visit 33.50... Then, some sort of rally to $37. Even if we just hit 33.50 as an intraday tag and rally out of there...

I'd be looking @ 33.50 in the next two weeks? Before $36?

-c

[dloomis]

Yo Jer!

Wow, attachments and everything, you got it going now!

How is paltalk running lately?

What's the password? hehe

[jerryo]

Re: QQQ 35.65 may be tough area

Originally posted by smokey
35.65 area might be tough but 36 could be reached on an overshoot and then that yellow circle would need to be revisited probably.

Hiya Smokey

i think this week will tell the tale..The all important employment number is Friday and all those scaredy cat fund managers might bail ahead of it........

we shall see...

[jerryo]

Originally posted by soylent
Hi Jerry --

I like your P&F. I think it's imperative we visit 33.50... Then, some sort of rally to $37. Even if we just hit 33.50 as an intraday tag and rally out of there...

I'd be looking @ 33.50 in the next two weeks? Before $36?

-c

Yo Soylent, yes i agree with that...i am betwixt and between if we re test the recent lows in the next 10 days or break the lows..

I trade and watch the futures all day the ES M4...any break of 1084 and run for the hills...

[jerryo]

Originally posted by dloomis
Yo Jer!

Wow, attachments and everything, you got it going now!

How is paltalk running lately?

What's the password? hehe

Hey David

first of all thanks for all that help..truly appreciate it..

just sent out the weekly newsletter

the password for the real time room is in there...

we all miss you...but glad to see your very busy making boo koo bucks...<vbg>

paltalk is fine...

best regards

jer

[jerryo]

NQ M4 POSSIBLE BREAKOUT AREA AND TARGET

Morning all

From the recent lows on the NQ's at 1368 we've exploded up to 1432 on a large pop...

if we break 1436 we "could" run all the way up to 1450...the break out is that spread triple top area...here's the P&F chart..



good luck this week all...

[jerryo]

[jerryo]

[jerryo]

well we did break that 1432 area NQ's powerful rally in the futures today...

still looking for 1450ish target

on the ES M4 overhead R is at 1128...

[jerryo]

ALERT

high ADX reading 5 min spooos chart watch it you longs...set hard stops...