01/31/2013 Live Update

[Cobra]

lunch time, will be back, chart favors bulls.

[Apple]

1495 level seems important...was resistance on this long term channel, broke through...needs to break down below...

$Sox I think start of the longer trend down. If not, what do you think...we say hello to 429?

Sorry, been in and out today...I thought we might see a pullback on the Dow to around 13,200ish into Feb, then another push up into 14,000-14,200 into March...so with that possible scenario..maybe we see a pullback on the SOX, then another push up into 421 resistance? Could break out higher than that in March, as the fib extension price targets in the past reached between 61-78% fib extension, so that would take it to around $432, but it would be a fake-out breakout IMHO....

That could give us a higher high, lower high on MACD....

Thank you...

[ClarkW]

Anyone remember a stat from Bespoke that every year for 8+ years the market has came back to even at some point during the year? They posted it last year around March I think. We all remember May.... More long-term but thought about it...

[Al_Dente]

relative str

[KeiZai]

NG don´t want to give up this channel line, key time once again

[BullBear52x]

NG don´t want to give up this channel line, key time once again

The attachment NG.png is no longer available

Yeap, short tern swing is a buy, mid to long term is last buy.

[TraderGirl]

Bears...if we see a low by the 4th...it's possible we see a spike up into the 8th...FWIW

Tomorrow is key day...

Personally, I would like to see this thing get closer to the old 2007 highs on the dow by next week...then we can get a dip of some kind..???

[Tabby]

Russell?

Rut.png

Thanks, got it.

I like the first one but (b) can be already done, not sure

rut02.png

If and only if, we don't get to 902.62. your (iv) won't overlap with (i). then 7-13 point drop following that to complete (4) as long a above 881.

If we overlap then 894 from yesterday is the (4), I think.

[Harapa]

Anyone remember a stat from Bespoke that every year for 8+ years the market has came back to even at some point during the year? They posted it last year around March I think. We all remember May.... More long-term but thought about it...

If by even means that market visited the open of the year during the year, than this has happened in all years since 1996

[KeiZai]

NG don´t want to give up this channel line, key time once again

The attachment NG.png is no longer available

Yeap, short tern swing is a buy, mid to long term is last buy.

looks like....3rd time's a charm rule?

[gappy]

spxx.png

For Al, http://www.youtube.com/watch?v=jWeCdxZlU5E

[Daniel-David]

Intraday, Tech & mid/smallcaps strong, real estate and industrials weak

[BullBear52x]

NG don´t want to give up this channel line, key time once again

The attachment NG.png is no longer available

Yeap, short tern swing is a buy, mid to long term is last buy.

looks like....3rd time's a charm rule?

The attachment NG02.png is no longer available

just for fun, look at my thermo inchimoku, the yellow to orange before red, contrarian view I am one of the few, which is good thing, I can hear your triangle loud and clear boss.

[skittlesmds]

Can I get a zzzzzzz for the SPX action today?

[KeiZai]

Russell?

The attachment Rut.png is no longer available

Thanks, got it.

I like the first one but (b) can be already done, not sure

The attachment rut02.png is no longer available

If and only if, we don't get to 902.62. your (iv) won't overlap with (i). then 7-13 point drop following that to complete (4) as long a above 881.

If we overlap then 894 from yesterday is the (4), I think.

I don´t read this decline as 5waves I think it is clear 3waves, question I have is if the decline is part of bigger ABC or we are done and in wave 1...I am leaning slightly toward bigger correction

[BullBear52x]

Russell?

Rut.png

Thanks, got it.

I like the first one but (b) can be already done, not sure

rut02.png

If and only if, we don't get to 902.62. your (iv) won't overlap with (i). then 7-13 point drop following that to complete (4) as long a above 881.

If we overlap then 894 from yesterday is the (4), I think.

I don´t read this decline as 5waves I think it is clear 3waves, question I have is if the decline was part of bigger ABC or we are done and in wave 1...I am leaning slightly toward bigger correction

Rut03.png

I don't know how the end of month new money will play out this time, higher chance we bounce up from here in all indexes, that's why I am rely on my short term to guide me, because if they don't move up from here, something bad is about to happen. I open for both possibility and hope it happen soon one way or the other. too many beers already, nothing happen

[Al_Dente]

higher lows
one green squeeze stick to test interim hi, or double top

this better fail right here, or I’ll have to eat my pasta

gap up: please consider changing your name to “gap down” just for a minute/week ok?
http://www.youtube.com/watch?v=95aP0OWx4jY

[Cobra]

goes as planed. I need see more bars here. for now still favors bulls.

[BullBear52x]

I saw it coming from miles away

[Cobra]

the chart I'd like you attention this week. $VIX
https://stockcharts.com/public/1684859/ ... /258792096;