04/05/2013 Live Update

[BullBear52x]

this market is weaker than I expected.

[flrtrader]

May mean nothing but 15m sell on the EURO

[toddymc]

Bears should exercise caution here I'm seeing some strength intraday ..I wouldn't be short again until 1544-45 ES I have a feeling we'll see a quick thrust up there at some point today --Or maybe not

[gasprice]

Gold: This is what happens when one side of the trade gets too crowded. Gold should at least double in the next decade, by extrapolation. It's a 50 year trend, I doubt it ended in the last few years. Just like the 100 year trend in the Dow.

[Cobra]

I'm neutral here. lunch time, will be back.

[BullBear52x]

Bears should exercise caution here I'm seeing some strength intraday ..I wouldn't be short again until 1544-45 ES I have a feeling we'll see a quick thrust up there at some point today --Or maybe not

That's what I was looking for but bulls are weaker today, I got my chart updated and it's closer to sell now. not yet but close, bulls need to pull this up higher way.....high

[Al_Dente]

XIV bulls needed a breakout new hi
But she chose to fail at double top… for now

[toddymc]

Gold: This is what happens when one side of the trade gets too crowded. Gold should at least double in the next decade, by extrapolation. It's a 50 year trend, I doubt it ended in the last few years. Just like the 100 year trend in the Dow.

Very good chart, I have been tracking the COT data on SPX and GOLD, commercials are extremely short the SPX and long GOLD Here's a VIX chart for level to watch )About 14) if we climb to ES 1545 area

[BullBear52x]

XIV bulls needed a breakout new hi
But she chose to fail at double top… for now

The attachment 45xiv_png.png is no longer available

sell that rips to continue on short term swing set up.

[BullBear52x]

I like what I see so far, 1548 will be a dream.

[Vaamsy]

VXX flirting between the lower BB and top of the bullish falling wedge. Will it break upwards today or monday?

[Al_Dente]

XIV bulls needed a breakout new hi
But she chose to fail at double top… for now

45xiv_png.png

sell that rips to continue on short term swing set up.

I still can’t get a buy signal on SDS
Only buy atm is on SSO
oy

[rpccharts]

TMV TBT lock n load... or short TBM3 TNM3 - tumble into Treasury refinancings.

[johnnywa]

this market is weaker than I expected.

Iwm pretty strong

[toddymc]

Bears should exercise caution here I'm seeing some strength intraday ..I wouldn't be short again until 1544-45 ES I have a feeling we'll see a quick thrust up there at some point today --Or maybe not

That's what I was looking for but bulls are weaker today, I got my chart updated and it's closer to sell now. not yet but close, bulls need to pull this up higher way.....high

I know I actually bought some calls around 1537ES area for a scalp trade (avg. price 1.25) so I'm praying hard right now for a break... and it's lookin' good so far!!

[BullBear52x]

XIV bulls needed a breakout new hi
But she chose to fail at double top… for now

45xiv_png.png

sell that rips to continue on short term swing set up.

I still can’t get a buy signal on SDS
Only buy atm is on SSO
oy

agreed, no sell on SPY or SSO intraday.

[uempel]

Momentum (ROC 191) is in a nice channel - quite similar to SPX

[johnnywa]

I like what I see so far, 1548 will be a dream.

Look right now 1548

[johnnywa]

Trannies down 7 points,they keep going up we have gap up Monday...grrrr bears

[Cobra]

test the day high, key time. I'm still neutral. bulls cannot pullback sharply here.