04/11/2013 Live Update

[Cobra]

this pullback may have a little legs. here's my guess.

[Cobra]

Cobra do have a rule where the 2nd touch of EMA 20 should be bought?

in today's case, better wait for H2 because the pullback is too sharp.

[Jack12]

ED Update http://jaxdax.blogspot.com/2013/04/s-ed-progress.html

[fehro]

60m SPX

[1der]

ES signal; 1586/7 within next two hours - wtfk

Not sure it will make it all the way to 1586.xx, maybe... looking for bounce at some point, end of day toward HOD

[uempel]

This ain't for daytraders; long term the market is still happily in bullish mode, this momentum system shows no sign of any deterioration

[rpccharts]

Everything looks great... EXCEPT no volume for weeks.

[rpccharts]

Also RUT Midcaps the broad leaders major lagging

[TWT]

$EURUSD: A potential wedge could complete the wave (A) of a Zig Zag

[L_T]

This ain't for daytraders; long term the market is still happily in bullish mode, this momentum system shows no sign of any deterioration

57.png

Nice chart. You have to wait for the month to end though right? The market could still crap its pants in April.

[Al_Dente]

Thanks Snaker
“too sharp”
Those two words convey a lot
Better than Oy
Better than ho-bammm
Now out, i can relax 4 a min

http://www.youtube.com/watch?v=u1DWdexSO9M

[Xian]

From Bespoke this morning: "Individual investors check out. AAII Bullish sentiment drops to lowest level (19.3%) since March 2009!"
http://www.bespokeinvest.com/thinkbig/2 ... -list.html

X: thx for bespoke
Everyone is bearish

If the laws of supply and demand still apply:
There is zero supply
And it won’t take too much demand for the bears to get monster-squeezed up in here [?]

Hey Pasta, missing you and the whole gang.

Wanna appropriate Hemingway quote as our board motto: "Done by noon, drunk by three"?

I'm thinking Toto, then over to the 3-Way Divorce Club. Uemp, you in?

[JFR]

This ain't for daytraders; long term the market is still happily in bullish mode, this momentum system shows no sign of any deterioration

57.png

Erasing the ghosts of 2001 and 2008 ... Or, is it time for another big move down? What is the hysteria level?

[MrMiyagi]

[Cobra]

2nd small leg down indeed. wait to see how rebound goes first.

[BullBear52x]

Just for fun on /ES
If you look at last 5min. it closed below 61.8% so next stop is 1585.

[Xian]

Great. Just in time for tax day: IRS says it can read your emails without a warrant. (from Gruber):

http://news.cnet.com/8301-13578_3-57578 ... a-warrant/

"They can take our money, but they'll never take our"— oh. never mind. They'll take whatever the hell they damn well feel like.

Memo to self: start writing tons of emails detailing drunken, drug filled exploits with hookers, IRS supervisors and untold numbers of zoo creatures— that should keep the pigs at bay.

[stlwater]

This ain't for daytraders; long term the market is still happily in bullish mode, this momentum system shows no sign of any deterioration

57.png

Can you link this chart? I'd like to save it with my own.

[fehro]

XIV breaking upward channel

[Tabby]

Also RUT Midcaps the broad leaders major lagging

My R2K showing the same patteren as March 14. It went up higher the next day but the indicators not showing any sign of the truth. We still can go up few points higher but MACD not cooperating on hourly chart, as you said lagging.