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05/24/2012 Live Update

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Cobra
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05/24/2012 Live Update

Post by Cobra »

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Small gap up, so not sure if the gap will be filled. Remember what I said in the last night's Market Outlook about what need to watch closely today? Yeah, watch that. Key day.

The Global ES doesn't look bad, but I'm a little disappointed because I was expecting it to break above the blue line overnight but instead it's already 2 legged so whether "the force is with bulls" we still have to wait and see and perhaps pray a little. :roll: The chart below shows what the reality would be more like despite I really hope "the force is with bulls".
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Cobra
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Re: 05/24/2012 Live Update

Post by Cobra »

still hanging below the H&S Top neckline so DAX still is not out of danger.
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Cobra
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Re: 05/24/2012 Live Update

Post by Cobra »

Uempel asks me to post this chart for him. He cannot be at the forum today.
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cougar
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Re: 05/24/2012 Live Update

Post by cougar »

GLD might bounce after a double bottom ~ short cycle trough.
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cougar
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Re: 05/24/2012 Live Update

Post by cougar »

AAPL facing resistance here:
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BullBear52x
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Re: 05/24/2012 Live Update

Post by BullBear52x »

GM,
Fibo combo.
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Cobra
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Re: 05/24/2012 Live Update

Post by Cobra »

the open.
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KeiZai
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Re: 05/24/2012 Live Update

Post by KeiZai »

Yesterday I posted this chart, keep an eye on :mrgreen:
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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BullBear52x
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Re: 05/24/2012 Live Update

Post by BullBear52x »

intraday, sell first ask question later, will report back in couple hours.
Last edited by BullBear52x on Thu May 24, 2012 12:20 pm, edited 1 time in total.
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KeiZai
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Re: 05/24/2012 Live Update

Post by KeiZai »

Good shorting spot 4 aggresives
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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Cobra
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Re: 05/24/2012 Live Update

Post by Cobra »

the normal pattern.
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EvilTrader
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Re: 05/24/2012 Live Update

Post by EvilTrader »

another wild ride today ?
knock
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Re: 05/24/2012 Live Update

Post by knock »

KeiZai wrote:Yesterday I posted this chart, keep an eye on :mrgreen:
i remember this!
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Richarab
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05/24/2012 Live Update

Post by Richarab »

EvilTrader wrote:another wild ride today ?
oh yeah. But green? Barely? Again?!
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Al_Dente
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Re: 05/24/2012 Live Update

Post by Al_Dente »

U.S. banks try to bounce; EU banks not so much
(real-time, but daily)
http://stockcharts.com/freecharts/candl ... ,std|B|D10
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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snakehead
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Re: 05/24/2012 Live Update

Post by snakehead »

EUR/USD not looking very bullish. :o
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
stucap
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Re: 05/24/2012 Live Update

Post by stucap »

mkt has NO legs. buyers only show up overnight and dump as soon as they hear a bell. however, all noise. at some point, they break through. 1290 held again, we should have some sort of test to the upside.
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Al_Dente
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Re: 05/24/2012 Live Update

Post by Al_Dente »

As of yesterday’s close, dollar/ bonds charts were breaking out/ touching highs…
Stockcharts is pathetic with their dollar & bond charts; they won’t even give candles on eod daily treasurys (the ETFs don’t count),
which is why I love all the real-time dollar / bond charts u all post here… :mrgreen: :mrgreen: xxxxx thanks
524dollar.png
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Cobra
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Re: 05/24/2012 Live Update

Post by Cobra »

a little support here, hopefully bulls could hold.
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TraderGirl
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Re: 05/24/2012 Live Update

Post by TraderGirl »

Potential descending triangle, and we are to have a sell off today, from what level I am unsure.....
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