01/14/2013 Live Update

[Cobra]

testing neckline, key time.

[TraderJoe]

It looks like BTU broke-down??

[KeiZai]

Apple stalled at potential megaphone support line, so far I haven´t seen this pattern at blogosphere so it have high probability to be valid I am interested if will form today reversal candle

[Out of Bounds]

Snog is turning down. confirmation will be in one hour but it looks like it's for real.

[Cobra]

a little breakdown but not decisive enough so I don't read it as a valid breakdown.

[uempel]

Update on the 11:30 signal:

[Out of Bounds]

a little breakdown but not decisive enough so I don't read it as a valid breakdown.

You have to b e l i e v e.

[Al_Dente]

[from jan 10]

“DeMark Sees S&P 500 Falling 5.5% After Peak Near 1,500”
http://www.bloomberg.com/news/2013-01-1 ... 1-500.html

[Out of Bounds]

support 146.40

[Cobra]

members only update at 10:26 am on SPY.
http://www.cobrasmarketview.com/2013/01 ... ay-update/

[quientuves]

[from jan 10]

“DeMark Sees S&P 500 Falling 5.5% After Peak Near 1,500”
http://www.bloomberg.com/news/2013-01-1 ... 1-500.html

The question is: What's the meaning of "near 1,500"????

[Unique]

AAPL first target hit. Missed facebook's run, was too occupied

[TraderJoe]

Correct me if I am incorrect, but as I recall, the last time we were facing the debt ceiling and the Pres had public speech, he mentions that SS was at risk and the market tanked.

I don’t see anything good coming out of his speech, do any of you??

[Jack12]

[from jan 10]

“DeMark Sees S&P 500 Falling 5.5% After Peak Near 1,500”
http://www.bloomberg.com/news/2013-01-1 ... 1-500.html

The question is: What's the meaning of "near 1,500"????

Near is a bit closer than far and bit further away than exactly

[Out of Bounds]

Correct me if I am incorrect, but as I recall, the last time we were facing the debt ceiling and the Pres had public speech, he mentions that SS was at risk and the market tanked.

I don’t see anything good coming out of his speech, do any of you??

Well, they never schedule a speech to tell us how great things are.

[skittlesmds]

Apple seems to be defending that $500 mark extremely hard.

[rc1269]

[from jan 10]

“DeMark Sees S&P 500 Falling 5.5% After Peak Near 1,500”
http://www.bloomberg.com/news/2013-01-1 ... 1-500.html

The question is: What's the meaning of "near 1,500"????

1492 to be exact (and change). that's DeMark's target

[Mr. BachNut]

Neutral.

My composite trend signal is all up. Achieved a perfect score Friday. This is bullish except that technicals often look best at the turn.
My summation signal is up. Looks good but for some wobbles in the R2K.

Closed long on Friday cause I saw some stuff I didn't like.
I am comfortable looking from the sidelines during this OPEX week.
If we get a downdraft, I may or may not re-establish long to stay aligned with trend.

Some of the action in the currency markets is unclear to me in terms of where it is going intermediate term. There is a potential head & shoulders developing in the $ index (as well as changing dynamics in a number of important crosses), which I think has significant implications across markets depending on whether it completes or fails (either way). So, while I continue to believe Mr. Market wants to tag SPX 1500, the trend could get choppy and churny ahead of resolution.

[rc1269]

Cobra- re AAPL, no such thing as a triple bottom...?

[uempel]

Update on the 11:30 signal, 15 min to go...