06/04/2013 Live Update

[Cobra]

pullback was bought much much faster than I thought. I'm neutral. could be bears are over for today.

[BullBear52x]

Last chart for the road, I posted this chart on my corner as well.

[Nrsimha]

MACD histogram is now back bearish crossed. this morning sell the rip was a success based on my short term swing setup, and now if the bottom of 162.66 fails, I will say screaming sell. this is from it is what it is department. have a good day.

Thanks, BB. Good call.
I should have listened to your previous STR call.

Now, we have not only lower low but also NEG divergence.
I am back in the STR camp!!!

[ALdaytrade]

MACD histogram is now back bearish crossed. this morning sell the rip was a success based on my short term swing setup, and now if the bottom of 162.66 fails, I will say screaming sell. this is from it is what it is department. have a good day.

Thanks, BB. Good call.
I should have listened to your previous STR call.

Now, we have not only lower low but also NEG divergence.
I am back in the STR camp!!!

Where will the road wash out to for tormorrow?

[BullBear52x]

MACD histogram is now back bearish crossed. this morning sell the rip was a success based on my short term swing setup, and now if the bottom of 162.66 fails, I will say screaming sell. this is from it is what it is department. have a good day.

Thanks, BB. Good call.
I should have listened to your previous STR call.

Now, we have not only lower low but also NEG divergence.
I am back in the STR camp!!!

[MrMiyagi]

NYMO -90, NYDEC 1975.

[user13]

Green Tuesday? Ben must have heard you guy earlier lol

[Cobra]

as i suspected, bears were over. now the question is: will Tuesday close green 11 in a row?

[Nrsimha]

Power-hour ramp-up.

Who'd a' thunk it?

[Unique]

viewtopic.php?f=2&t=943&p=132177#p132177

SPY Update -First try at Major Support reversed, very typical. BTFD very forgiving, key time at backtest levels

Bears winning first try backtest now need to break 162.6 in coming sessions or BTFD again at major supports

Key time, bears still need to break 162.6 or else BTFD once again

Yup BTFD bots rule again, looks like overnight bears have to hope for the 1620 ES break then

[Al_Dente]

Here’s our first cover song: Santana
Al_Dente
I wish I could trade like she can dance. ha ha

[MrMiyagi]

[Apple]

1155.png

164.91

[Cobra]

members only update at 3:47 pm
http://www.cobrasmarketview.com/2013/06 ... ay-update/

[Cobra]

well, guess that's it for today. Finally could be a red Tuesday. Need dig a little before calling tomorrow. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/chartbook

[BullBear52x]

oy

closed RED
I bet you some of us expected that

[TWT]

$SPX: price is unfolding a "buying time" pattern ahead of next Friday NFP

[Al_Dente]

Tomorrow is VERY important ADP non-farm employment which will give us a clue to Friday’s NFP Non-Farm Payroll
And it WILL/should move the pre-market
8:15am ET forecast 165k (previous = 119k)

[Al_Dente]

[edit: But remember: bad news could be good news: if employment is bad (bear), Ben won’t taper (bull)]

[TWT]

$SPX: 2 options within a corrective mess that should unfold a DZZ