1/2/2013 Live Update

[BullBear52x]

See MACD on the right graph, a day like today and we are still negative? Hmmm....

[Cobra]

cannot believe a huge up day could be this boring. is this 100% MM target possible?

[EvilTrader]

LoL my bloodbath scenario vanished.

But 2013 will be a great year for technicals.

[TraderJoe]

A tribute to TraderGirl for her “Beautiful” work - http://www.youtube.com/watch?v=axuJy0xRb8E

[TraderGirl]

See MACD on the right graph, a day like today and we are still negative? Hmmm....

Nice chart BB52...distribution....??

[Unique]

First gift of 2013

1pm or stall for tomorrow

Looks like it's tomorrow then, peace.

[Tabby]

See MACD on the right graph, a day like today and we are still negative? Hmmm....

BB,
MACD is still positive on my chart. I see MACD histogram on your chart, not MACD. I see 0.279 as still postive sign next to daily MACD .

[Tabby]

See MACD on the right graph, a day like today and we are still negative? Hmmm....

BB,
MACD is still positive on my chart. I see MACD histogram on your chart, not MACD. I see 0.279 as still postive sign next to daily MACD .

Now is up to 0.308.

[MrMiyagi]

Strap on your seatbelts*, it's

!!!!!!POWER HOUR!!!!!!

*Seatbelts optional.

[MrMiyagi]

[BullBear52x]

See MACD on the right graph, a day like today and we are still negative? Hmmm....

Nice chart BB52...distribution....??

well, I would say yes,

Tabby,
+/- on MACD that is less than .1 I would not read too much to it as a cross, and depending on trading station formula it could be off from one another, I know Stochcharts.com and TOS are not calculate the same way depends if one use EMA or SMA. I mentioned it because today's big gap it can barely manage to cross that's all, I am sure tomorrow it will make a clean cross over unless something else change.

[jademann]

bullbear overall are you expecting SPY to fall tomorrow?

[Tabby]

320.png

38% retracment from today is almost seating 852. MrMiyagi, you need to open your P bar store. Thanks for the P bar gift.

[skittlesmds]

Vix hitting low of the day; sitting at 15.20

[BullBear52x]

bullbear overall are expecting SPY to fall tomorrow?

I see counter trend on daily set up, but then again, here is the chart I am looking at.

[MrMiyagi]

38% retracment from today is almost seating 852. MrMiyagi, you need to open your P bar store. Thanks for the P bar gift.

Pbars are free until I no longer see them or retire for good!

Unrelated chart;

[Cobra]

members only update at 3:16pm
http://www.cobrasmarketview.com/2013/12 ... ay-update/

[TraderGirl]

FAS on the 2 hour...at resistance while losing momentum and RSI overbought.....

[skittlesmds]

Vix continues to drip lower.

[Tabby]

See MACD on the right graph, a day like today and we are still negative? Hmmm....

Nice chart BB52...distribution....??

well, I would say yes,

Tabby,
+/- on MACD that is less than .1 I would not read too much to it as a cross, and depending on trading station formula it could be off from one another, I know Stochcharts.com and TOS are not calculate the same way depends if one use EMA or SMA. I mentioned it because today's big gap it can barely manage to cross that's all, I am sure tomorrow it will make a clean cross over unless something else change.

MACD histogram and MACD both calculated in EMA. The person who invented had the formula based on EMA not SMA. Yes we will have a better picture tomorrow on shorter timeframe(not weekly), market won't go up or down forever.