heavenskrow
Posts: 1030 Joined: Tue Aug 16, 2011 11:17 am
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by heavenskrow » Tue Aug 21, 2012 3:14 pm
Cobra wrote: support. I think it might hold the bears first attack here.
first attack in quite a while.
toglesby27
Posts: 6 Joined: Thu May 24, 2012 9:18 am
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by toglesby27 » Tue Aug 21, 2012 3:15 pm
QQQs and IWM blew right through that support line... would assume that SPYs will follow.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Tue Aug 21, 2012 3:16 pm
bounce here? or break down further?
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Cobra
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Posts: 58539 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Tue Aug 21, 2012 3:19 pm
break through the support but I still don't believe it's a valid break. usually the 1st break is not real because bears traveled to long to hit the support.
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Harapa
Posts: 1236 Joined: Mon Oct 24, 2011 1:33 pm
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by Harapa » Tue Aug 21, 2012 3:22 pm
Note movement of sell into longer time frames. Not good for the BULLS
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vix trigger.png (6.73 KiB) Viewed 2467 times
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
MrMiyagi
Posts: 10328 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Tue Aug 21, 2012 3:23 pm
I think the bottom is in for today.
heavenskrow
Posts: 1030 Joined: Tue Aug 16, 2011 11:17 am
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by heavenskrow » Tue Aug 21, 2012 3:24 pm
tvix hourly FROM the JUNE 4th low in equities.....only if this resistance breaks, will the bears be able to really attack.
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Tue Aug 21, 2012 3:24 pm
Brutal……..
Note red circle is down volume ratio DNV…
I was expecting to see more color here…….
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Harapa
Posts: 1236 Joined: Mon Oct 24, 2011 1:33 pm
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by Harapa » Tue Aug 21, 2012 3:25 pm
IWM at support line that has the origin at the beginning of this rally. RED and green vertical bars are my VIXIES M05 signals.
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Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
SigmaEcho
Posts: 286 Joined: Fri Apr 08, 2011 12:09 pm
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by SigmaEcho » Tue Aug 21, 2012 3:26 pm
Cobra wrote: break through the support but I still don't believe it's a valid break. usually the 1st break is not real because bears traveled to long to hit the support.
hi Cobra,
today MDD? > up tomorrow?
BlackThought
Posts: 186 Joined: Wed Jun 01, 2011 11:04 am
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by BlackThought » Tue Aug 21, 2012 3:30 pm
heavenskrow wrote: tvix hourly FROM the JUNE 4th low in equities.....only if this resistance breaks, will the bears be able to really attack.
i think it will as today's sell off will effect the european markets which will probably cause the SPY to gap down in the morning
Mr. T
Posts: 995 Joined: Tue Apr 12, 2011 12:50 pm
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by Mr. T » Tue Aug 21, 2012 3:31 pm
We're never going up again!!!!!
-T
"Treat Your Mother Right!!!!"
Cobra
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by Cobra » Tue Aug 21, 2012 3:35 pm
SigmaEcho wrote: Cobra wrote: break through the support but I still don't believe it's a valid break. usually the 1st break is not real because bears traveled to long to hit the support.
hi Cobra,
today MDD? > up tomorrow?
MDD? No way, we're just down 6 points, come on.
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MrMiyagi
Posts: 10328 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Tue Aug 21, 2012 3:36 pm
Mr. T wrote: We're never going up again!!!!!
That made me laugh like a hobo!
Bought back a bunch of puts and calls I had written, change of guard may be near.
If not, I'll write some more, they were all good paychecks.
Petsamo
Posts: 3339 Joined: Thu Jun 30, 2011 2:22 pm
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by Petsamo » Tue Aug 21, 2012 3:39 pm
TraderGirl wrote: Gap down for EWG?
That'll depend on whether they'll take US seriously. EWG was at 21.51 when Europe closed.
Twitter @jackwag0n
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Tue Aug 21, 2012 3:40 pm
purple channel?.. or another breakdown?
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