Page 3 of 9

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:11 pm
by Cobra
not a strong pullback, so bias still is up.

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:13 pm
by Al_Dente
top nine SPY stocks (in terms of weighting)
34top nine spy.png

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:13 pm
by BullBear52x
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)

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:19 pm
by kenttown
$2.75 - $3.50 billion POMO tomo

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:22 pm
by TraderGirl
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...

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:22 pm
by TWT
$DOW: An impulsive decline can be counted off last Friday´s hod

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:22 pm
by BullBear52x
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.

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:29 pm
by victorm
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 ...

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:29 pm
by fehro
SPX 15m

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:31 pm
by Al_Dente
interesting thing (?) about today’s “”rally””:
the futures volatility traders (XIV) are participating (they weren't last week)
AAPL is not participating

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:37 pm
by tomsky
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:

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:40 pm
by L_T
Just something interesting I noticed: VZ trying to have it's 11th day in a row of moving higher.

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:47 pm
by L_T
Sector rotation?

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:49 pm
by TraderGirl
TMF still in holding pattern...waiting for wave 5?

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:50 pm
by Daniel-David
SPY, 15min bars, (per Scottrade, FSC showing different).. 20MA, 50MA, and 200 eMA all within very tight band..

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:54 pm
by rocket
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.

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:56 pm
by Daniel-David
GLD 152.15
SPY 152.15
This is going to make relative strength analysis simple for a while, for these two asset classes.

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:57 pm
by Out of Bounds
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

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:57 pm
by Cobra
maybe it's H&S Bottom? either way, the bias still is up.

Re: 03/04/2013 Live Update

Posted: Mon Mar 04, 2013 12:59 pm
by Out of Bounds
Cobra wrote:maybe it's H&S Bottom? either way, the bias still is up.
Snog has turned up.