04/12/2013 Live Update

[jademann]

Those bears still alive are long since neutered. Nothing can stop 1700 1800 1900 2000 bubble for sure. Onwards to cloud cuckoo ponzi moonshot land..

[fehro]

SPX 5m.... filling the gap.

[JFR]

SPY pbar hit ... I was gonna play it, but got distracted and Boom ... Hit.

[fehro]

SPX 60m

[Unique]

SPY

[MrMiyagi]

No fear, no volatility. VIX near lows of day.

[toddymc]

No fear, no volatility. VIX near lows of day.

Looks like a massive Inverse H & S on the VIX forming ...Maybe
Don't know about you guys but me thinks it's time to get a liitle shorter than long
Hoping for 1585 area ES still

[fehro]

SPX 5m closer view. fwiw. Gap still open

[Jack12]

SPX Bullish view updated if the bears do not reclaim the low opens up a new high <deleted>

[MrMiyagi]

Any opinions on Crude? Technical bounce area perhaps.

[Cobra]

possible higher low. not sure.

[Unique]

Any opinions on Crude? Technical bounce area perhaps.

Hourly bar, reversal candle. May be good for quick intraday 70 cents ?

Hourly rsi bottomed at <202 hours ago, now reversing

edit: typo, rsi <20 bottomed, 2 hours ago.

[frankthetank]

Some guys in this forum are very opinonated in regard to Fed policy, gold, US-economy, Cyprus... Great to have an opinion, but if would be even better if these guys had done a bit more reasearch on the issues they are talking about. Superficial knowledge and ignorance doesn't help us much in life, and it certainly doesn't help us when playing the markets

Unempel much respect to your trading skills. I was talking long term. Short term markets can go any way it likes and Al Brooks price theory is obviously the best way to make money in this market short term. Some people actually manage money for long term investors too so being sucked into the technicals at super over bought stages in the market is a bad way to make money long term. Short term stick to Big Al.

[MrMiyagi]

Thanks unique.

[Cobra]

OK, not sure if the higher low was in. wait.

[Cobra]

SPX Bullish view updated if the bears do not reclaim the low opens up a new high <deleted>

Please do not post link to your own blog here. If everyone does the same like you, this forum will be dead.

You have to contribute here by posting rich contents. you can however, put the link to your own blog as your signature.

I clearly mentioned this rule the very first post every morning.

[gappy]

frac.png

[Unique]

SPY keeps getting stick saved at crucial support... man this is funny. 3PM/3:30PM SQUEEZEEEE if they keep stick saving..

I'm gonna be patient ... :O

[Jack12]

SPX seems we are setting up for a fade down. Possible gap down for monday

[Out of Bounds]

Cobra, do you ever look at yourself in the mirror in the morning and ask yourself: "What was I thinking?" I bet this is harder than you thought it was going to be.