04/18/2013 Live Update

[KeiZai]

Buyable dip? should be

it is fer me.. we can go lower but we'll be back here again soon even if we do unless... it's 1987 again and my Delorian is parked in the driveway.

I mean scalp only (not too much time though), but yes agree not a bad place to try small *swing either (with tight stop) *not for me this time

[Nrsimha]

BTW I posted this "P-bar" (about a week and a half ago) that I noticed after hours on the oil-price site.
I posted it kind of tongue-in-cheek, but with the events of the last few days I am kind of going "Hmmmmmm".
No one commented on it before -- what do u guys make of it?

There are a couple on the US$ on this site.

BTW the chart I posted is an oil price chart. I don't know why it says "EUR/USD 0.5 pip" ???

[uempel]

Al, so far you old beauty ain't signalling bullish weather...

Hey Al, do you have any indications that the big, big squeeze is coming up?

“Full of sound and fury, signifying nothing.” [Faulkner]

I am a big bear, but all my bear targets were met already today
So ……… guessing…..bounce... then fail [?]

http://www.youtube.com/watch?v=b-I2s5zRbHg

[ALdaytrade]

Hey Al, do you have any indications that the big, big squeeze is coming up?

[wayne0708]

Third time touching the blue line.

[MrMiyagi]

Third time touching the blue line.

Third time's the charm?

[Al_Dente]

Al, so far you old beauty ain't signalling bullish weather...

there's yr squeeze up to resistance MAs/vwap

[wayne0708]

Third time touching the blue line.

Third time's the charm?

As I stated before I would be so scared to long here because TRIN was extreme high and no rally today

[KeiZai]

I am humble here give me few more handles please

[Nrsimha]

BTW I posted this "P-bar" (about a week and a half ago) that I noticed after hours on the oil-price site.
I posted it kind of tongue-in-cheek, but with the events of the last few days I am kind of going "Hmmmmmm".
No one commented on it before -- what do u guys make of it?

There are a couple on the US$ on this site.

BTW the chart I posted is an oil price chart. I don't know why it says "EUR/USD 0.5 pip" ???

Cleaned-up version:

[wayne0708]

5 min still has not showed strength. need to breakout of trendline above

[TWT]

$DOW: Overlapping within a Falling Wedge

NICE !!!

Thanks for the chart!

You are welcome (But it can break down)

[TumblingDice]

BTW I posted this "P-bar" (about a week and a half ago) that I noticed after hours on the oil-price site.
I posted it kind of tongue-in-cheek, but with the events of the last few days I am kind of going "Hmmmmmm".
No one commented on it before -- what do u guys make of it?

There are a couple on the US$ on this site.

BTW the chart I posted is an oil price chart. I don't know why it says "EUR/USD 0.5 pip" ???

Cleaned-up version:

How do these pbars even originate? Is it a quote that the machines stuff in there that accidently gets filled due to lack of participants at the "market" price?

[Cobra]

members only update at 3:43 pm
http://www.cobrasmarketview.com/2013/04 ... ay-update/

[ClarkW]

Sold half SOXS, fearful she might bounce tomorrow.

NOT A RECOMMENDATION

[MrMiyagi]

Anyone have directional guidance SPX for tomorrow?

[Vaamsy]

Anyone have directional guidance SPX for tomorrow?

Am not a great chartist, but using some simple rules we can derive at a BUY here?
SPY slightly sliced thru the 50DMA cracking some stops. Now back above it.
VIX above it BB, yet to close inside though. You can see possible -ve divergence in the RSI.
More bears compared to Bulls.
Dollar at resistance.
I am long here

[Cobra]

well, guess, that's it for today. I've explained to members what I think, so no blah blah here. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[jademann]

All I know is the 50ema at 1540 better hold or its down BIG

[Nrsimha]

Anyone have directional guidance SPX for tomorrow?

That 157.40 SPY p-bar is still open, n'est-ce pas?