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SPY and 145
Posted: Tue Jan 08, 2013 1:45 pm
by flrtrader
It sure don't wanna let go does it BB? I think it beaks and we get a rush for the doors and that'll be the time to exit shorts to reposition. At least I hope it does not turn into a waterfall
FT
Posted: Tue Jan 08, 2013 1:45 pm
by MrMiyagi
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 1:46 pm
by Cobra
pullback as expected, now key time, if strong rebound around here, then the low was in as it's a higher low.
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 1:50 pm
by BullBear52x
GLD long term look, see gap up/down in the past and now, %B is still sell the rip
Re: SPY and 145
Posted: Tue Jan 08, 2013 1:51 pm
by BullBear52x
flrtrader wrote:It sure don't wanna let go does it BB? I think it beaks and we get a rush for the doors and that'll be the time to exit shorts to reposition. At least I hope it does not turn into a waterfall
FT
like TG said, you can not fool the foolish
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 1:54 pm
by fehro
5m SPX trendlines.. fwiw.
Re:
Posted: Tue Jan 08, 2013 1:55 pm
by flrtrader
Talk about Pee'ing on a party!!!!!
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 1:57 pm
by KeiZai
BullBear52x wrote:GLD long term look, see gap up/down in the past and now, %B is still sell the rip
Agree around 1600 should be the low IN
Posted: Tue Jan 08, 2013 1:58 pm
by MrMiyagi
RUT not looking too good today.
In fact, all indexes can go down 4-5% easily.
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 1:59 pm
by BullBear52x
and here among the leaders, AAPL.....
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 2:03 pm
by BullBear52x
KeiZai wrote:BullBear52x wrote:GLD long term look, see gap up/down in the past and now, %B is still sell the rip
Agree around 1600 should be the low IN
GOLD.png
next dip will tell if it's good buy or not, looking at 10min, RSI 14 <30 for an entry.
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 2:03 pm
by HenryR
Nice call BB52x on ES 1446 as support. I see that too on my screen. Below 1446 we might get more volatile actions.
Re:
Posted: Tue Jan 08, 2013 2:03 pm
by Me XMan
you don't say...
MrMiyagi wrote:RUT not looking too good today.
In fact, all indexes can go down 4-5% easily.
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 2:05 pm
by BullBear52x
HenryR wrote:Nice call BB52x on ES 1446 as support. I see that too on my screen. Below 1446 we might get more volatile actions.
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 2:06 pm
by Al_Dente
15 min heikin freestockcharts
Bounce is ok as long as it doesn’t turn into a squeeze party
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 2:09 pm
by Cobra
rebound as expected, now wait to see if bulls can make a strong coming back.
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 2:10 pm
by fehro
what do you think Uempel, are these drawn correctly?
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 2:10 pm
by KeiZai
BullBear52x wrote:KeiZai wrote:BullBear52x wrote:GLD long term look, see gap up/down in the past and now, %B is still sell the rip
Agree around 1600 should be the low IN
GOLD.png
next dip will tell if it's good buy or not, looking at 10min, RSI 14 <30 for an entry.
For scalp yes but I would wait for swing buy few days very likely more weakness ahead but overall bullish I am also long silver buying dips moving stop is my play
then rinse and repeat
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 2:13 pm
by Anaconda
FYI, since Miyagi didn't post it (and my p-bars mimic his), I have a very strong p-bar up to 146.03 on my 5-min SPY chart.
GL,
A
Re: 01/08/2013 Live Update
Posted: Tue Jan 08, 2013 2:16 pm
by Cobra
lunch time, will be back. looks like bulls have better chances now.