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10/24/2012 Live Update

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Jack12
Posts: 301
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Location: Durban

Re: 10/24/2012 Live Update

Post by Jack12 »

uempel wrote:For those of you who play DAX: DAX bounced at channel support 7120 (in the early morning). That was easy, but the outlook is kind of foggy: daily and weekly indicators don't look good, but monthly sure is bullish :roll:
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Thanks , missed the entry by 5points so got in late at 7150 got out 7 210 and went short, but we going nowhere fast. I think we have 1 more down leg to go to about 6900ish but NOT very certain dazed and confused till we get back to 7150.
http://jaxdax.blogspot.com/
You must be in it to win it.
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Jack12
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Location: Durban

Re: 10/24/2012 Live Update

Post by Jack12 »

Dow seems to have failed neck test, SPX capped by neg trend line, DAX flat like a pancake, FTSE lost in the whipsaws and I wait
http://jaxdax.blogspot.com/
You must be in it to win it.
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ClarkW
Posts: 1325
Joined: Wed Aug 10, 2011 11:28 am

Re: 10/24/2012 Live Update

Post by ClarkW »

Looks like we're getting a breakdown in GDX
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TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 10/24/2012 Live Update

Post by TraderGirl »

spx....break...
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MrMiyagi
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Post by MrMiyagi »

We're never going back up again!
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TraderGirl
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Re: 10/24/2012 Live Update

Post by TraderGirl »

ClarkW wrote:Looks like we're getting a breakdown in GDX
Yup...
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fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 10/24/2012 Live Update

Post by fehro »

TraderGirl wrote:spx....break...
got a little messy complex H&S in there... target 1404ish.. if the neckline around 1412 breaks.
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Petsamo
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Joined: Thu Jun 30, 2011 2:22 pm

Re:

Post by Petsamo »

MrMiyagi wrote:We're never going back up again!
We need to bust yesterday's low first, still a long way down
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Harapa
Posts: 1236
Joined: Mon Oct 24, 2011 1:33 pm

Re: 10/24/2012 Live Update

Post by Harapa »

Special VIXies Update before Uempel 12 noon signal
VIXies 5 min setup continues to favor bearish outcome for equities.

VIXIEs 1 min setup(for confirmation)
XIV/VXX - Bearish
VXZ/VIXM -Bullish
TRIN – Bullish changing to bearish(?)
RSI 50 <30 bullish
Last edited by Harapa on Wed Oct 24, 2012 11:55 am, edited 2 times in total.
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
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Cobra
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Re: 10/24/2012 Live Update

Post by Cobra »

complex H&S top? I'm still sleeping, still my dream talk...
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TraderGirl
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Joined: Thu Dec 22, 2011 2:47 pm

Re: 10/24/2012 Live Update

Post by TraderGirl »

fehro wrote:
TraderGirl wrote:spx....break...
got a little messy complex H&S in there... target 1404ish.. if the neckline around 1412 breaks.
very messy but I see what you are saying....
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uempel
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Joined: Tue Feb 15, 2011 6:38 am

Re: 10/24/2012 Live Update

Post by uempel »

Harapa, Al, you guys awake? Ahh, I saw Harapa's comment, thanks!
Last edited by uempel on Wed Oct 24, 2012 11:57 am, edited 1 time in total.
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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/24/2012 Live Update

Post by Al_Dente »

UEMPEL
SPY low on day = bear, obvious
But bears still need more power here
Nyadv = 1400
Nydec = 1400
Up/down volume ratio = 1 to 1
(chop; 50/50)
Tick guideline = flat
1024uempel.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 10/24/2012 Live Update

Post by Cobra »

not confirmed H&S top yet but no harm to know the target.
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uempel
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Re: 10/24/2012 Live Update

Post by uempel »

It's up...
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uempel
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Re: 10/24/2012 Live Update

Post by uempel »

uempel wrote:It's up...
Or a dud :roll:
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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/24/2012 Live Update

Post by Al_Dente »

Cobra wrote:complex H&S top? I'm still sleeping, still my dream talk...
cobra wake up
kiss the cobra.png
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 10/24/2012 Live Update

Post by Me XMan »

Draw the channel on /ES and see :D
Not dead yet.
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MrMiyagi
Posts: 10343
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

My coin flip tells me we've bottomed.
Of course, it is 50-50.
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TraderJoe
Posts: 881
Joined: Mon Apr 02, 2012 7:08 am
Location: USA

Re: 10/24/2012 Live Update

Post by TraderJoe »

did you use a 2 headed coin
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