01/04/2013 Live Update

[johnnywa]

Cobra,is this open lower finish up NFP Friday?

[KENA]

The algo will start turning if the mkt can show red today..This will continue the neg divergence.Wait and see.

Chart by Stocktiming

[Al_Dente]

Relative strength
Note Q and AAPL

[skittlesmds]

**Super Speculation on Gold** - Possible Inverse Head and Shoulders - if it does confirm which probably won't be today; target of around $1,682.

[KENA]

The Dollar chart..If pushes up thru 81.026 then uptending $ will continue.

Chart by Stocktiming

[rc1269]

Cobra,is this open lower finish up NFP Friday?

did we open lower...? i guess if you go by minutes 5-9 in the initial trading, but minutes 1-4 and 9 on out have been up

[Al_Dente]

Follow the inverted dollar update:
Spy up… but dollar indicates seriously-bear-spy
Either the relationship has broken, or they will re-align soon….

[Cobra]

Q&A: I read SLV as bearish.

[Out of Bounds]

Relative strength
Note Q and AAPL

14relative.png

Al, this looks like a boring end to the week. I'm out of here. Monday could be interesting because I think the markets still need to drop more. I'm always nervous about a Thursday weak move though since 1987 (not kidding). See you next week.


Furniture coming to my house and I get to move out of the one room shack I have been in for the last three months.

[Unique]

Target has been reached. Peace out

[rc1269]

I think UST is about to get bought. 10yr looks to have completed a nice A-B-C correction. could mean the opposite for stox, fwiw

[Al_Dente]

UUP 30 min shows breakout, gap fill, and now testing double top (on a higher hi)

[TraderGirl]

/DX decisively broke out of resistance...now sitting under 200dma with a reversal candle..but it is looks like it is headed higher in the short term after a potential pullback...

[Al_Dente]

Relative strength
Note Q and AAPL

14relative.png

Al, this looks like a boring end to the week. I'm out of here. Monday could be interesting because I think the markets still need to drop more. I'm always nervous about a Thursday weak move though since 1987 (not kidding). See you next week.
Furniture coming to my house and I get to move out of the one room shack I have been in for the last three months.

ok have fun bud

[wayne0708]

Credit to Bull_Bear52

[TraderGirl]

SLV...still watching this support trend line around $28ish, looks like there may be a test of it...

[bushwaffle]

FIb S1 1450 possible target

[TraderGirl]

Anything can happen at the close...so may change between now and then...but /ES currently has reversal candle....

[KeiZai]

I think UST is about to get bought. 10yr looks to have completed a nice A-B-C correction. could mean the opposite for stox, fwiw

Yes in the past RSI line served as a good support here, but overall picture is not nice (but divergence is in place)

10y

[flrtrader]

FIb S1 1450 possible target

Agreed but my target is 1447.45