06/24/2013 Live Update

[TWT]

$SPX: Maybe the wave (C) will unfold an Ending Diagonal

[ALdaytrade]

little resistance top of channel

new lines on that chart....

Should there be a line across at 1584, to catch two lows?

yes on a short term time frame.. but not much support on longer time frames

Thank you for this answer.

Double bottom for tomorrow, or is today's bottom the left shoulder forming in an inverse head and shoulders?

Tomorrow, being the head for the inverse head and shoulders?

[Cobra]

failed h2, now let's see any h3 long here.

[ALdaytrade]

That's right...come to mama...

watch out below... if that support doesn't hold!

If this is in fact the 5th wave down...it "shouldn't" collapse just yet....we'll see....

With this chart, do you see a lower low tomorrow for the $spx?

[ALdaytrade]

That's right...come to mama...

watch out below... if that support doesn't hold!

If this is in fact the 5th wave down...it "shouldn't" collapse just yet....we'll see....

With this chart, do you see a lower low tomorrow for the $spx?

Or do you anticipate a double bottom for tomorrow?

[Cobra]

h3 long. not sure as 21 min to close now.

[EvilTrader]

insane vol.

what a day !

[fehro]

a little pre-mature ... but red neckline? or purple neckline?.... or bluish bullish falling wedge?

[TraderGirl]

That's right...come to mama...

watch out below... if that support doesn't hold!

If this is in fact the 5th wave down...it "shouldn't" collapse just yet....we'll see....

With this chart, do you see a lower low tomorrow for the $spx?

Or do you anticipate a double bottom for tomorrow?

I wish I had a crystal ball ADT...but I don't...

[ALdaytrade]

Thank you for the chart. On most days, you do have "the crystal ball!"

[MrMiyagi]

Big sell into the close? Never BTFD-ing again??

[Cobra]

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

[fehro]

neckline retest? SPX 5m...

[Cobra]

well, guess that's it for today. Tuesday has been very bull friendly recently. thank you guys, I'll see you tomorrow.

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

[TraderGirl]

SPY under 20 ma on the weekly chart...

[TraderGirl]

Thank you for the chart. On most days, you do have "the crystal ball!"

Hi ADT, if you are long and you are asking whether you should sell your long because of a lower low...I will just say the market is bearish...so take your profits when you have them...

[ALdaytrade]

Thank you for the chart. On most days, you do have "the crystal ball!"

Hi ADT, if you are long and you are asking whether you should sell your long because of a lower low...I will just say the market is bearish...so take your profits when you have them...

Thank you. I am not long, I was long for a part of the day! But the $spx is a long way from the 5 sma so maybe a tiny bounce overnight? I am cash.

[ALdaytrade]

Thank you for the chart. On most days, you do have "the crystal ball!"

Hi ADT, if you are long and you are asking whether you should sell your long because of a lower low...I will just say the market is bearish...so take your profits when you have them...

Thank you. I am not long, I was long for a part of the day! But the $spx is a long way from the 5 sma so maybe a tiny bounce overnight? I am cash.

Plus this 100 sma for $spx is 1578.47, so there might be more action to get above that overnight, maybe, maybe not.

(Worked, way too hard for my $$$ today to give it away in the morning.)

[PanamaJack]

Just perusing the charts in Stock-Charts and remembered "Don't forget to vote for the Snake" - !
Have a good evening everyone

PanamaJack

[uempel]

Time signal on the 60 min for 1:00 p.m.