09/01/2012 Weekend Update

[Out of Bounds]

Scary for shorts. Except this would be the lowest peak of the VIX on his chart, so...maybe?

http://stocktwits.com/message/9357807

[wayne0708]

Scary for shorts. Except this would be the lowest peak of the VIX on his chart, so...maybe?

http://stocktwits.com/message/9357807

Nice chart!

[Out of Bounds]

Scary for shorts. Except this would be the lowest peak of the VIX on his chart, so...maybe?

http://stocktwits.com/message/9357807

Nice chart!

Not mine - from "traderstewie" at stocktwits

[KeiZai]

PAGING KEZAI
Are you independent or are u on an FX desk?
In London or Frankfurt?
Just curious that’s all; no need 2 answer if u think it’s tooooo personal
GL2u

maaan no way I would get up every morning to work...iTrader bud (managing few accounts), but I have many friends from desks and big investment banks across Europe and to be honest nothing for me.... bosses are bullies

Wow what an aftermarket action in russell, it looks like small 3 push-ups pattern...small gap down tmr?

btw found this site when I was looking for 3 push ups pattern http://www.safehaven.com/author/497/peter-pan nice name cobra I am peter as well but not pan I was thinking that you can use it as good promo for non subscribers to know how your outlook looks like, just a thought

[KeiZai]

aftermarket action in russell is related to Moody's lowers the EU's outlook from 'Stable' to 'Negative' ?? Probably

[KeiZai]

Time to short EURAUD after an awesome run, right at 50 fib

[Out of Bounds]

"Moody's changes EU ratings outlook to negative"

http://www.reuters.com/article/2012/09/ ... 0720120903

[Cobra]

Futures now, so far nothing happened this weekend.

[Cobra]

"Moody's changes EU ratings outlook to negative"

http://www.reuters.com/article/2012/09/ ... 0720120903

that's usually a good news for bulls.

[Out of Bounds]

that's usually a good news for bulls.

OF COURSE it is, because everyone knows I'm short and they're ALL against me!

*stomps foot*
*Slams door*
"It's just not fair"
*sticks out tongue*

[TradingJackal]

Folks,

I present -

THE MOTHER OF ALL WOLFES

This is the weekly SPX chart. Ratios are perfect so far. Just a bit more to go (1468.41). Never back tested the Wolfe wave on such a long term chart but we are close. Very close. Tick, Tock, Tick, Tock.

According to your chart, W3 is shortest of 3 waves up? is that possible?

This is not EWT. It is a Wolfe wave. There is supposed to be a 6th wave down that touches the Wolfe wave line. On a different note, I am not counting this bull of last 3 years as a 5 wave to the upside. It looks like a 3 waver to me so W3 does not come into the picture. http://tradingjackal.blogspot.com/2012/ ... count.html

[BullBear52x]

What is SPY:VIX ratio telling us? another nerdy chart to look at.

[BullBear52x]

DBV is over sold short term, now on daily it's right around the support, a break down will tell bears mean business, a support here I will say "side ways to up" for equities.

[knock]

USD seems bottomed on hourly or daily. target 83.

[TradingJackal]

USD seems bottomed on hourly or daily. target 83.

Wow Knock! You found a Wolfe too Don't rush it though. I see that the '1' fib is falling short of where you have marked 3. However, this does not take away from your potential target as both 1 and 4 are not changed. The only thing that remains is when does 5 finish. Have we finished the setup or is there more downside to the dollar before the setup is finished. Either way, looks like dollar is going to have a powerful move up soon. BTW, I would have never picked up that you can have 2 higher than the beginning of 1. Guess EWT screwed me up! Thanks for bringing out such an example. Hope this works out. Kudos

[mozart]

Silver,marching, well motivated by QE3, is it gonna make, and if so, how far????

[knock]

Silver,marching, well motivated by QE3, is it gonna make, and if so, how far????

I saw various silver charts that recent rally hits the resistance, but as I saw no matter it's SLV or silver future, the resistance is broken. not sure why there is discrepancy? I personally feel silver has fake breakout, but regardless, the resistance line is broken as far as i see.

[joe-gamma]

What is SPY:VIX ratio telling us? another nerdy chart to look at.

if you are not hunkered down in the tent with your ipad-then Welcome Back!

hope the archer stayed out of the way so the arrow aimed itself...

[Cobra]

hmm, just reminded by someone, ES is forming a Descending Triangle, tonight's test is the key because it's the 2nd test therefore no failure allowed.

[joe-gamma]

Silver,marching, well motivated by QE3, is it gonna make, and if so, how far????

I saw various silver charts that recent rally hits the resistance, but as I saw no matter it's SLV or silver future, the resistance is broken. not sure why there is discrepancy? I personally feel silver has fake breakout, but regardless, the resistance line is broken as far as i see.

Knock and Mozart: thanks for the charts and views, shorter term PF has hit the initial target from horizontal count...alternative is horizontal count from breakout, which points toward 32.50 in slv, GL