06/10/2013 Live Update

[Unique]

ES Update - 100% measure move met.
1648 - 1634 range day or continue the 20EMA bull train? Patience for hourly candle close

Boring range day, hopefully some action next two days

First time back on resistance so consolidation is good here, patience needed to ride the easier trains

[TWT]

$DOW: Bulls can still hope on an Inverted H&S

[Cobra]

tinted area the 100% mm target or the blue trend line the target.

[ALdaytrade]

The VIX is something to watch...if it cannot break down below this triangle support...that has been bearish in the past...

Thanks for the charts, and the info on institutional index failure...
Are your cycles showing weakness (spy) this faternoon thru possibly morning of 12th?
TIA

This is a good question, joegamma,
Trader Girl, tomorrow weak and opening weak on June 12th?

[joegamma]

The VIX is something to watch...if it cannot break down below this triangle support...that has been bearish in the past...

Thanks for the charts, and the info on institutional index failure...
Are your cycles showing weakness (spy) this faternoon thru possibly morning of 12th?
TIA

This is a good question, joegamma,
Trader Girl, tomorrow weak and opening weak on June 12th?

after I asked, I noted what nymo tends to do after being oversold...that tendency to revert to zero does not bode well for shorts next day or so...

[ALdaytrade]

The VIX is something to watch...if it cannot break down below this triangle support...that has been bearish in the past...

Thanks for the charts, and the info on institutional index failure...
Are your cycles showing weakness (spy) this faternoon thru possibly morning of 12th?
TIA

This is a good question, joegamma,
Trader Girl, tomorrow weak and opening weak on June 12th?

Never mind, forgot to refresh my screen. I am a bit slow today, slower than usual!

[Pinot]

$DOW: Bulls can still hope on an Inverted H&S

What about Double Zigzag split with a triangle. It could still get to all time highs in a expanded flat. It seems possible to me. What do you think?

[Cobra]

members only update at 3:45 pm
http://www.cobrasmarketview.com/2013/06 ... ay-update/

[TWT]

$DOW: Bulls can still hope on an Inverted H&S

What about Double Zigzag split with a triangle. It could still get to all time highs in a expanded flat. It seems possible to me. What do you think?

Can you post a chart ?

[Al_Dente]

AAPL
http://www.usatoday.com/story/tech/2013 ... e/2408917/

[joegamma]

nice doji on cash Dow today...

OH YEAH, ALL BOARDIES:

Welcome to Summertime!

if you enjoy watching paint do nothing

[Cobra]

red close is not good for bulls, I've explained why to members. Tuesday tomorrow has been very very bull friendly though. 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

[Al_Dente]

XIV is squeezing into the close

[Pinot]

$DOW: Bulls can still hope on an Inverted H&S

What about Double Zigzag split with a triangle. It could still get to all time highs in a expanded flat. It seems possible to me. What do you think?

Can you post a chart ?

[TraderGirl]

Let's see if we are down by the end of the day...

Yes, down by end of day...by a small amount...but down...

[joegamma]

Let's see if we are down by the end of the day...

Yes, down by end of day...by a small amount...but down...

ahh, its so GOOOOD to be right, even by a lil!

[Pinot]

$DOW: Bulls can still hope on an Inverted H&S

What about Double Zigzag split with a triangle. It could still get to all time highs in a expanded flat. It seems possible to me. What do you think?

Can you post a chart ?

The previous down wave from the may high would be A and we could be in B now that could create a flat, expanded flat or triangle. If the second zigzag is equal in length to the first I think it puts it somewhere around 1693. Also I think it might unfold with the A wave of the second zigzag being short followed by a longer C wave. That would create a beautiful picture in that the two zigzags are flipped. This same flipped pattern can also be seen in the larger unfolding pattern from the bottom 2009. Beautiful Fractals:) I am new and am very humble so I hope I don't come across anything but. It is just nice to share.

[TWT]

$DOW: Bulls can still hope on an Inverted H&S

What about Double Zigzag split with a triangle. It could still get to all time highs in a expanded flat. It seems possible to me. What do you think?

Can you post a chart ?

A corrective pattern is a countertrend move hence even if it revisits the May 22 high it would be a wave (B) within a larger corrective EWP from the May 22 high, unless it is forming a large triangle (Now in the wave B)