01/08/2013 Live Update

[flrtrader]

It sure don't wanna let go does it BB? I think it beaks and we get a rush for the doors and that'll be the time to exit shorts to reposition. At least I hope it does not turn into a waterfall

FT

[MrMiyagi]

[Cobra]

pullback as expected, now key time, if strong rebound around here, then the low was in as it's a higher low.

[BullBear52x]

GLD long term look, see gap up/down in the past and now, %B is still sell the rip

[BullBear52x]

It sure don't wanna let go does it BB? I think it beaks and we get a rush for the doors and that'll be the time to exit shorts to reposition. At least I hope it does not turn into a waterfall

FT

like TG said, you can not fool the foolish

[fehro]

5m SPX trendlines.. fwiw.

[flrtrader]

qq.png

Talk about Pee'ing on a party!!!!!

[KeiZai]

GLD long term look, see gap up/down in the past and now, %B is still sell the rip

Agree around 1600 should be the low IN

[MrMiyagi]

RUT not looking too good today.
In fact, all indexes can go down 4-5% easily.

[BullBear52x]

and here among the leaders, AAPL.....

[BullBear52x]

GLD long term look, see gap up/down in the past and now, %B is still sell the rip

Agree around 1600 should be the low IN

GOLD.png

next dip will tell if it's good buy or not, looking at 10min, RSI 14 <30 for an entry.

[HenryR]

Nice call BB52x on ES 1446 as support. I see that too on my screen. Below 1446 we might get more volatile actions.

[Me XMan]

you don't say...

RUT not looking too good today.
In fact, all indexes can go down 4-5% easily.

[BullBear52x]

Nice call BB52x on ES 1446 as support. I see that too on my screen. Below 1446 we might get more volatile actions.

[Al_Dente]

15 min heikin freestockcharts
Bounce is ok as long as it doesn’t turn into a squeeze party

[Cobra]

rebound as expected, now wait to see if bulls can make a strong coming back.

[fehro]

what do you think Uempel, are these drawn correctly?

[KeiZai]

GLD long term look, see gap up/down in the past and now, %B is still sell the rip

Agree around 1600 should be the low IN

GOLD.png

next dip will tell if it's good buy or not, looking at 10min, RSI 14 <30 for an entry.

For scalp yes but I would wait for swing buy few days very likely more weakness ahead but overall bullish I am also long silver buying dips moving stop is my play then rinse and repeat

[Anaconda]

FYI, since Miyagi didn't post it (and my p-bars mimic his), I have a very strong p-bar up to 146.03 on my 5-min SPY chart.
GL,
A

[Cobra]

lunch time, will be back. looks like bulls have better chances now.