07/11/2012 Live Update

[Cobra]

Cobra:
with a doji (red/green) close and 4 consecutive reds, better odds of green day tomorrow?

down 5 days in a row doesn't show better odds for green tomorrow and there's one trick which if we're red again, I'll mention tonight. http://www.cobrasmarketview.com/2012/05 ... g-signals/

[Pagat]

TraderGirl,

does anyone know of anything happening on the 18th?? Could be a very negative day around that time...

http://www.soothesayer.com/
Full Moon July 3rd at 12 degrees Capricorn 13 min. ( Sun at 12 degrees Cancer 13 min.), New Moon July 18th at 26 degrees Cancer 54 min., Between July 17th and 19th, Mars is opposed Uranus and square Pluto, Mercury goes retrograde July 15th at 12 degrees Leo (going direct on August 8th) Uranus goes retrograde July 13th.

[Tabby]

Tabby, is that on the 18th?[/quote]

Ben speaks on 17th and 18th
http://mam.econoday.com/byweek.asp?day= ... =mam&lid=0

[TraderGirl]

TraderGirl,

does anyone know of anything happening on the 18th?? Could be a very negative day around that time...

http://www.soothesayer.com/
Full Moon July 3rd at 12 degrees Capricorn 13 min. ( Sun at 12 degrees Cancer 13 min.), New Moon July 18th at 26 degrees Cancer 54 min., Between July 17th and 19th, Mars is opposed Uranus and square Pluto, Mercury goes retrograde July 15th at 12 degrees Leo (going direct on August 8th) Uranus goes retrograde July 13th.

Thanks for the astro site, will add to my viewing...I know the astro's around that time, which is why I am asking about events that could possibly corroborate or initiate the negativity.....

Nice to know another astro follower...

[TraderGirl]

Tabby, is that on the 18th?

Ben speaks on 17th and 18th
http://mam.econoday.com/byweek.asp?day= ... =mam&lid=0[/quote]

Thanks Tabby!!

[Petsamo]

30 min is plenty of time for a fat finger rally

[Cobra]

no comments. 28 min to close. I have no idea what the market is heading now.

[stucap]

no comments. 28 min to close. I have no idea what the market is heading now.

still a ton of buyers in the ES. lazy dips. big pop buys. i expect fireworks either way into close. shorts will probably cover en masse above 35, longs to cover if we break 30 ish.

[heavenskrow]

[Cobra]

bullish pattern (small ascending triangle) so guess we close strong again today.

[Petsamo]

There's another one of those inverted H&S on the 1 min

[wayne0708]

no comments. 28 min to close. I have no idea what the market is heading now.

It took 5 days and bears couldn't completely fill the gap. I am starting to have doubt in this bear run. where is the panic selling that I am expecting unless this is simply another correction of previous up run?

[Cobra]

looks like strong close again indeed.

[Cobra]

hmm, very strong close.

[SWalsh]

I would never say this was easy. But I will say this was predictable. There is no way they do not act at these major trendlines. And it is so mysterious that there is no longer any large liquidation. Almost as if someone had a power lunch with some mutual fund managers. NAH!

[SWalsh]

no comments. 28 min to close. I have no idea what the market is heading now.

It took 5 days and bears couldn't completely fill the gap. I am starting to have doubt in this bear run. where is the panic selling that I am expecting unless this is simply another correction of previous up run?

I am not kidding when I say I do not doubt that should massive selling take place, the IRS will descend upon you.

[jdow]

long QQQ for tomorrow gap

[jarbo456]

nice close.

very good call cobra - i've been positioned for the surprise to the upside - per the usual market behavior.

[Daniel-David]

$VXEEM (eem volatility) making 4-day Low.

[Petsamo]

nice close.

very good call cobra - i've been positioned for the surprise to the upside - per the usual market behavior.

On the SPY, we have a lower low and lower high on the daily