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01/08/2013 Live Update

SPY and 145

Postby flrtrader » Tue Jan 08, 2013 1:45 pm

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
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Postby MrMiyagi » Tue Jan 08, 2013 1:45 pm

qq.png
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Re: 01/08/2013 Live Update

Postby Cobra » Tue Jan 08, 2013 1:46 pm

pullback as expected, now key time, if strong rebound around here, then the low was in as it's a higher low.
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Re: 01/08/2013 Live Update

Postby BullBear52x » Tue Jan 08, 2013 1:50 pm

GLD long term look, see gap up/down in the past and now, %B is still sell the rip
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Re: SPY and 145

Postby BullBear52x » Tue Jan 08, 2013 1:51 pm

flrtrader wrote: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 :lol:
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Re: 01/08/2013 Live Update

Postby fehro » Tue Jan 08, 2013 1:54 pm

5m SPX trendlines.. fwiw.
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Re:

Postby flrtrader » Tue Jan 08, 2013 1:55 pm

MrMiyagi wrote:
qq.png




Talk about Pee'ing on a party!!!!!
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Re: 01/08/2013 Live Update

Postby KeiZai » Tue Jan 08, 2013 1:57 pm

BullBear52x wrote: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
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Postby MrMiyagi » Tue Jan 08, 2013 1:58 pm

RUT not looking too good today.
In fact, all indexes can go down 4-5% easily.
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Re: 01/08/2013 Live Update

Postby BullBear52x » Tue Jan 08, 2013 1:59 pm

and here among the leaders, AAPL.....
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Re: 01/08/2013 Live Update

Postby BullBear52x » Tue Jan 08, 2013 2:03 pm

KeiZai wrote:
BullBear52x wrote: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.
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Re: 01/08/2013 Live Update

Postby HenryR » Tue Jan 08, 2013 2:03 pm

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

Postby Me XMan » Tue Jan 08, 2013 2:03 pm

;) you don't say...

MrMiyagi wrote:RUT not looking too good today.
In fact, all indexes can go down 4-5% easily.
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Re: 01/08/2013 Live Update

Postby BullBear52x » Tue Jan 08, 2013 2:05 pm

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

:D
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Re: 01/08/2013 Live Update

Postby Al_Dente » Tue Jan 08, 2013 2:06 pm

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

18free bounce 15.png
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Re: 01/08/2013 Live Update

Postby Cobra » Tue Jan 08, 2013 2:09 pm

rebound as expected, now wait to see if bulls can make a strong coming back.
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Re: 01/08/2013 Live Update

Postby fehro » Tue Jan 08, 2013 2:10 pm

what do you think Uempel, are these drawn correctly?
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Re: 01/08/2013 Live Update

Postby KeiZai » Tue Jan 08, 2013 2:10 pm

BullBear52x wrote:
KeiZai wrote:
BullBear52x wrote: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 :D then rinse and repeat :lol:
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Re: 01/08/2013 Live Update

Postby Anaconda » Tue Jan 08, 2013 2:13 pm

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,
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Re: 01/08/2013 Live Update

Postby Cobra » Tue Jan 08, 2013 2:16 pm

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