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03/04/2013 Live Update

Re: 03/04/2013 Live Update

Postby Cobra » Mon Mar 04, 2013 12:11 pm

not a strong pullback, so bias still is up.
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Re: 03/04/2013 Live Update

Postby Al_Dente » Mon Mar 04, 2013 12:13 pm

top nine SPY stocks (in terms of weighting)

34top nine spy.png
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Re: 03/04/2013 Live Update

Postby BullBear52x » Mon Mar 04, 2013 12:13 pm

Mark wrote:It should be a top on DOW weekly chart, low should be in May.

DOW and Qs are weakest link today but they seem to bounce back and forth on 5dma (futures /YM and /NQ)
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Re: 03/04/2013 Live Update

Postby kenttown » Mon Mar 04, 2013 12:19 pm

$2.75 - $3.50 billion POMO tomo
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Re: 03/04/2013 Live Update

Postby TraderGirl » Mon Mar 04, 2013 12:22 pm

BullBear52x wrote:
Mark wrote:It should be a top on DOW weekly chart, low should be in May.

DOW and Qs are weakest link today but they seem to bounce back and forth on 5dma (futures /YM and /NQ)


I think it's possible Dow is still tracing out wave (5)....we'll see...
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Re: 03/04/2013 Live Update

Postby TWT » Mon Mar 04, 2013 12:22 pm

$DOW: An impulsive decline can be counted off last Friday´s hod
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Re: 03/04/2013 Live Update

Postby BullBear52x » Mon Mar 04, 2013 12:22 pm

this is getting no where, sell set up hasn't trigger yet on my short term swing set up, the sooner the better, this is getting bored.
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Re: 03/04/2013 Live Update

Postby victorm » Mon Mar 04, 2013 12:29 pm

DJIA-quarterly-2-21-13.png
BullBear52x wrote:
Mark wrote:It should be a top on DOW weekly chart, low should be in May.

DOW and Qs are weakest link today but they seem to bounce back and forth on 5dma (futures /YM and /NQ)

Here's a scary one from Sid ...
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Re: 03/04/2013 Live Update

Postby fehro » Mon Mar 04, 2013 12:29 pm

SPX 15m
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Re: 03/04/2013 Live Update

Postby Al_Dente » Mon Mar 04, 2013 12:31 pm

interesting thing (?) about today’s “”rally””:
the futures volatility traders (XIV) are participating (they weren't last week)
AAPL is not participating
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Re: 03/04/2013 Live Update

Postby tomsky » Mon Mar 04, 2013 12:37 pm

victorm wrote:Here's a scary one from Sid ...

And i think he's right, only the top should be somewhere between begining of april and end of may, till then chop chop till we finish wave 4 and up to 5.
PS: shouldn't be scary, only reality :mrgreen:
The hardest thing to see is what is in front of your eyes.
Trading is the most dangerous human endeavor, short of war.
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Re: 03/04/2013 Live Update

Postby L_T » Mon Mar 04, 2013 12:40 pm

Just something interesting I noticed: VZ trying to have it's 11th day in a row of moving higher.
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Re: 03/04/2013 Live Update

Postby L_T » Mon Mar 04, 2013 12:47 pm

Sector rotation?
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Re: 03/04/2013 Live Update

Postby TraderGirl » Mon Mar 04, 2013 12:49 pm

TMF still in holding pattern...waiting for wave 5?
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Re: 03/04/2013 Live Update

Postby Daniel-David » Mon Mar 04, 2013 12:50 pm

SPY, 15min bars, (per Scottrade, FSC showing different).. 20MA, 50MA, and 200 eMA all within very tight band..
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Re: 03/04/2013 Live Update

Postby rocket » Mon Mar 04, 2013 12:54 pm

Here is what I am thinking for ES. We should be 1 or 2 days far from the completion of the proposed wave 4 triangle. One more ping-pong between 1520-1510 (+/-) should do it.
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Re: 03/04/2013 Live Update

Postby Daniel-David » Mon Mar 04, 2013 12:56 pm

GLD 152.15
SPY 152.15
This is going to make relative strength analysis simple for a while, for these two asset classes.
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Re: 03/04/2013 Live Update

Postby Out of Bounds » Mon Mar 04, 2013 12:57 pm

Daniel-David wrote:SPY, 15min bars, (per Scottrade, FSC showing different).. 20MA, 50MA, and 200 eMA all within very tight band..

SPY daily bollinger bandwidth is down to 2.635ish
...
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Re: 03/04/2013 Live Update

Postby Cobra » Mon Mar 04, 2013 12:57 pm

maybe it's H&S Bottom? either way, the bias still is up.
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Re: 03/04/2013 Live Update

Postby Out of Bounds » Mon Mar 04, 2013 12:59 pm

Cobra wrote:maybe it's H&S Bottom? either way, the bias still is up.


Snog has turned up.
...
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