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07/15/2013 Live Update

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Cobra
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Re: 07/15/2013 Live Update

Post by Cobra »

I count that double top as successful. only about 65% chances the text book target could be fulfilled 100%, so it's an OK double top. now 2nd test of day high, so key time.
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MrMiyagi
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Post by MrMiyagi »

Image
fehro
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Re: 07/15/2013 Live Update

Post by fehro »

minor H&S.. or bullish falling wedge...
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Cobra
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Re: 07/15/2013 Live Update

Post by Cobra »

higher low, looking good, may challenge the day high again.
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fehro
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Re:

Post by fehro »

MrMiyagi wrote:Image
AAPL earnings next week July 23 5:00pm EST
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Cobra
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Re: 07/15/2013 Live Update

Post by Cobra »

challenge day high, breakout would be C&H.
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Cobra
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Re: 07/15/2013 Live Update

Post by Cobra »

breakout. you know the target. don't ask me number, if you have time to ask, then I do the measure then I answer you, it's already gone.
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fehro
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Re: 07/15/2013 Live Update

Post by fehro »

still a few points away from all time highs.... SPX daily
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BullBear52x
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Re: 07/15/2013 Live Update

Post by BullBear52x »

Always sell double top and buy double bottom always. it's like double down on 11 at black jack table. :D
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johnnywa
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Re: 07/15/2013 Live Update

Post by johnnywa »

BullBear52x wrote:Always sell double top and buy double bottom always. it's like double down on 11 at black jack table. :D
Double bottom 1560???
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MrMiyagi
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Post by MrMiyagi »

Not much POMO this week, are we still Bullish biased?
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Cobra
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Re: 07/15/2013 Live Update

Post by Cobra »


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auger
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Re: 07/15/2013 Live Update

Post by auger »

/YM there's no question of a breakout, but where's the target?
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Cobra
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Re: 07/15/2013 Live Update

Post by Cobra »

overshot, volume surge, so hopefully a pullback of some kind here first, then we'll see.
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BullBear52x
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Re: 07/15/2013 Live Update

Post by BullBear52x »

johnnywa wrote:
BullBear52x wrote:Always sell double top and buy double bottom always. it's like double down on 11 at black jack table. :D
Double bottom 1560???
yes, but doesn't look like we are going that low for next buy the dip on longer term this time.
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MrMiyagi
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Post by MrMiyagi »

!!!!!!!!!! POWER !!!!!!!!!!
!!!!!!!!!! HOUR !!!!!!!!!!!
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Cobra
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Re: 07/15/2013 Live Update

Post by Cobra »

my guess is another push up at least.
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rhight
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Re: 07/15/2013 Live Update

Post by rhight »

Greetings strangers - it's been awhile. Please forgive me if this observation has been recently made. Per this chart (stockcharts.com) the 60 minute ADX has rarely been this high since the 3/2009 low. Past instances are denoted with a vertical line, blue for uptrend, red for down. Some strong uptrends are followed by more upside, and others mark tops. Which is this? Comments . . .
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Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
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Mr. BachNut
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Re: 07/15/2013 Live Update

Post by Mr. BachNut »

Not technical just a feeling but it seems all time highs and a vix between 12.5-13.5 may be on the menu heading into Bernanke's Wednesday testimony.
Then perhaps a blow-off high or a stiff downdraft depending on how he utters words like "continue" or "taper".
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Mr. BachNut
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Re: 07/15/2013 Live Update

Post by Mr. BachNut »

Mr. BachNut wrote:Not technical just a feeling but it seems all time highs and a vix between 12.5-13.5 may be on the menu heading into Bernanke's Wednesday testimony.
Then perhaps a blow-off high or a stiff downdraft depending on how he utters words like "continue" or "taper".
P.S. I don't trade my feelings... so handle that remark accordingly. Just mulling possible scenarios. I probably shoulda let that one alone... :oops:
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