03/01/2013 Live Update

Post by **Cobra** » Fri Mar 01, 2013 10:04 am

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Small gap down, but below yesterday's range, so not sure if the gap will be filled or not.

The pullback on global ES is already 2 legged, so I read it weaker than the previous push up therefore looks like a 2nd leg up is possible.

Post by **Cobra** » Fri Mar 01, 2013 10:08 am

members only update starts here: http://www.cobrasmarketview.com/2013/03 ... ay-update/

TWT · Post by **TWT** » Fri Mar 01, 2013 10:12 am

SPX: follow up of the short term EWP

http://www.thewavetrading.com/2013/03/0 ... rm-ewp-88/

KeiZai · Post by **KeiZai** » Fri Mar 01, 2013 10:21 am

Hello there I am taking some profit here

viewtopic.php?f=2&t=839&p=120260#p120260

Have a good weekend everyone

Out of Bounds · Post by **Out of Bounds** » Fri Mar 01, 2013 10:23 am

KeiZai wrote:Hello there I am taking some profit here

viewtopic.php?f=2&t=839&p=120260#p120260

The attachment ES-1.png is no longer available

Have a good weekend everyone

Too early. This ain't over.

JFR · Post by **JFR** » Fri Mar 01, 2013 10:28 am

A sea of red ...

ES down 7

SPY down .54

Post by **Cobra** » Fri Mar 01, 2013 10:31 am

the open.

Al_Dente · Post by **Al_Dente** » Fri Mar 01, 2013 10:31 am

SocGen is the latest to go bear gold (GLD) … yesterday.
It is now officially “fashionable” to be bearish gold.
Contrarians listen up, your day is coming.
U.S. investors appear to be dumping gold in favor of other investments, notably U.S. stocks.
(ditto contrarians)

Harapa · Post by **Harapa** » Fri Mar 01, 2013 10:35 am

Momentum Block

Global Equity Futures: Neutral
Key Currency Pairs: Bearish (Bearish SPY)
Hello, Currency Traders

Equity Bulls need your help.

taggard · Post by **taggard** » Fri Mar 01, 2013 10:37 am

Al_Dente wrote:SocGen is the latest to go bear gold (GLD) … yesterday.
It is now officially “fashionable” to be bearish gold.
Contrarians listen up, your day is coming.
U.S. investors appear to be dumping gold in favor of other investments, notably U.S. stocks.
(ditto contrarians)

good point al--monthly chart at 3rd bottom after 5 months in a row down would assume a range bounce around that lower bb even if going lower. look back no 5 months in a row down. however when it really hits gld will not make it either (imo)

TraderGirl · Post by **TraderGirl** » Fri Mar 01, 2013 10:38 am

uup.....in wave 5?

TraderGirl · Post by **TraderGirl** » Fri Mar 01, 2013 10:39 am

TMF...this looks like the beginning of wave 5....good for bears...

Tutti · Post by **Tutti** » Fri Mar 01, 2013 10:39 am

Al_Dente wrote:SocGen is the latest to go bear gold (GLD) … yesterday.
It is now officially “fashionable” to be bearish gold.
Contrarians listen up, your day is coming.
U.S. investors appear to be dumping gold in favor of other investments, notably U.S. stocks.
(ditto contrarians)

Totally agree, just need a juicy reversal pattern to trade off of

Vaamsy · Post by **Vaamsy** » Fri Mar 01, 2013 10:40 am

SLV double bottom and clear positive divergence. Ready to take off?

ClarkW · Post by **ClarkW** » Fri Mar 01, 2013 10:41 am

Al_Dente wrote:SocGen is the latest to go bear gold (GLD) … yesterday.
It is now officially “fashionable” to be bearish gold.
Contrarians listen up, your day is coming.
U.S. investors appear to be dumping gold in favor of other investments, notably U.S. stocks.
(ditto contrarians)

Agree Dr. Al. No position for me but monitoring using a longer term perspectice. Check out ChiOsc, must wait for it to turn

TraderGirl · Post by **TraderGirl** » Fri Mar 01, 2013 10:41 am

Al_Dente wrote:SocGen is the latest to go bear gold (GLD) … yesterday.
It is now officially “fashionable” to be bearish gold.
Contrarians listen up, your day is coming.
U.S. investors appear to be dumping gold in favor of other investments, notably U.S. stocks.
(ditto contrarians)

If Gold is affected by dollar bull, then gold bulls SHOULD be worried...IM very HO.....

Al_Dente · Post by **Al_Dente** » Fri Mar 01, 2013 10:41 am

Nydec 2000 (update 2100) right out of the gate already
Needs to stay >2000 for bears
oversold already
5min only

KeiZai · Post by **KeiZai** » Fri Mar 01, 2013 10:41 am

Out of Bounds wrote:
KeiZai wrote:Hello there I am taking some profit here

viewtopic.php?f=2&t=839&p=120260#p120260

ES-1.png

Have a good weekend everyone
Too early. This ain't over.
Capture1.JPG

Yes it's possible, just in case I booked some profit have a really big headache and my head hurts when I look at the computer screen

So don't want to trade today and looks like I am going to miss a very enjoying day

Out of Bounds · Post by **Out of Bounds** » Fri Mar 01, 2013 10:43 am

DROP. go down. crash.

Seriously, just sell because this isn't a small pullback.

: Capture.JPG (45.17 KiB) Viewed 5492 times

TraderGirl · Post by **TraderGirl** » Fri Mar 01, 2013 10:43 am

Nice diamond top yesterday in XIV...

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