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07/23/2012 Live Update

dr659
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Re: 07/23/2012 Live Update

Post by dr659 »

another Pbar $52.72? (SSO)
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Al_Dente
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Re: 07/23/2012 Live Update

Post by Al_Dente »

“Bottom Finder” chart calls this a VERY ST bottom
[caveat: BIG grain of salt; can be very st]
723bottom.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 07/23/2012 Live Update

Post by Cobra »

this kind of consolidation still is bullish, the only problem is 6 min to close now, so I don't know.
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MrMiyagi
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Re: 07/23/2012 Live Update

Post by MrMiyagi »

dr659 wrote:another Pbar $52.72? (SSO)
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Petsamo
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Re: 07/23/2012 Live Update

Post by Petsamo »

Possible double top on SPY & IWM
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heavenskrow
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Re: 07/23/2012 Live Update

Post by heavenskrow »

ClarkW wrote:
heavenskrow wrote:
heavenskrow wrote:first fib retracement level met. Next target 1348-1349
can i say i told u so :D
Congrats heavenskrow! What are your thoughts on tomorrow?
thx. absolutely no idea on tomorrow. We rallied into resistance on Nasdaq and Russels so we will have to see how the futures react to that.
Eur/Usd is still trying to hold onto that long term intra support line..... so if it can hold it, we can possibly see a bullish tape. vice versa if it breaks.
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joe-gamma
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Re: 07/23/2012 Live Update

Post by joe-gamma »

very hard to be short against this outside-up candle...377 minute bars on NQ future, small histogram divergence...
never easy is it?
nq 377min 723.png
nq 377min 723.png (10.1 KiB) Viewed 3965 times
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Cobra
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Re: 07/23/2012 Live Update

Post by Cobra »

well, guess that's it for today. when we learn trading with trend, we try to not guess the V shape reversal as it's lower odds. well, it's not true anymore, whenever a gap down, you can almost guess a V shape reversal because people are now so used to that Fed can print money to lift this market so no one is afraid anymore. hopefully Fed can lift this market to SPX 3,000 so that we can all retire earlier. As for the next few days, I already said what NORMALLY should be like but guess this is not a NORMAL market, so we'll have to wait and see. Thank you guys, I'll see you tomorrow.
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ClarkW
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Re: 07/23/2012 Live Update

Post by ClarkW »

heavenskrow wrote:
ClarkW wrote:
heavenskrow wrote:
heavenskrow wrote:first fib retracement level met. Next target 1348-1349
can i say i told u so :D
Congrats heavenskrow! What are your thoughts on tomorrow?
thx. absolutely no idea on tomorrow. We rallied into resistance on Nasdaq and Russels so we will have to see how the futures react to that.
Eur/Usd is still trying to hold onto that long term intra support line..... so if it can hold it, we can possibly see a bullish tape. vice versa if it breaks.
Thanks for your quick response
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Al_Dente
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Re: 07/23/2012 Live Update

Post by Al_Dente »

note BIDU ah
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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MrMiyagi
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Re: 07/23/2012 Live Update

Post by MrMiyagi »

9 million last buy on SPY but look at this:
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nicha
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Re: 07/23/2012 Live Update

Post by nicha »

MrMiyagi wrote:AAPL chart looks like a fish skeleton;
Earnings miss or even meet will do that!Q
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KeiZai
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Re: 07/23/2012 Live Update

Post by KeiZai »

5 waves up from the lows are done and looks like complex wave 4 (bearflag) IMO
R99.png
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rc1269
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Re: 07/23/2012 Live Update

Post by rc1269 »

MrMiyagi wrote:
dr659 wrote:another Pbar $52.72? (SSO)
Love your P-Bars Mr. Myagi. I'm curious - do you know of any good resources where I could read about P-Bars? I'm curious to learn more about the technical and trading dynamic of the how/what/where/why of them. Would love any nuggets of wisdom you could toss my direction. Thanks!
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MrMiyagi
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Re: 07/23/2012 Live Update

Post by MrMiyagi »

rc1269 wrote:
MrMiyagi wrote:
dr659 wrote:another Pbar $52.72? (SSO)
Love your P-Bars Mr. Myagi. I'm curious - do you know of any good resources where I could read about P-Bars? I'm curious to learn more about the technical and trading dynamic of the how/what/where/why of them. Would love any nuggets of wisdom you could toss my direction. Thanks!
No resources, just our collective thinking; more in your PM.
TradingJackal
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Re: 07/23/2012 Live Update

Post by TradingJackal »

ES may behave like the last two times.A lower low than today would invalidate this.
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xfradnex
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Re: 07/23/2012 Live Update

Post by xfradnex »

On Yahoo main page -sublink http://www.webpronews.com/dr-doom-2013- ... ay-2012-07. for entertainment purposes only. :lol: :lol: :oops: :roll:

Dr. Al- Yahoo broke my data feed, so no elders.
Last edited by xfradnex on Mon Jul 23, 2012 11:36 pm, edited 1 time in total.
Flip that coin.

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xfradnex
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Re: 07/23/2012 Live Update

Post by xfradnex »

Flip that coin.

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xfradnex
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Re: 07/23/2012 Live Update

Post by xfradnex »

Apple moves up a little against QQQ over day. But nothing over week? Not very bullish, considering past reports.
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xfradnex
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Re: 07/23/2012 Live Update

Post by xfradnex »

Daily Elders. Maxed Red for world. Volume not up to match. Looks like no bounce. Risk off 3 of 5 indicators. UNG CCI down to 218 from 229, may be topped.
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Flip that coin.

Legal note:Don't believe anything I say above. You may lose yourA$$..
My chart has Daily Elders (Close, High, and Low), MA-2, CCI, and ATR for each stock; all color coded.
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