Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Fri Jun 28, 2013 1:06 pm
12:50 PM bar SPY up to 161.28. Anyone else see it?
...
TraderGirl
Posts: 5031 Joined: Thu Dec 22, 2011 2:47 pm
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by TraderGirl » Fri Jun 28, 2013 1:07 pm
On Sunday I posted we could see a high of some kind by this Thurs or Friday...bingo...
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Fri Jun 28, 2013 1:09 pm
it's possible bulls may be safe for another week [???]
if VIX CLOSES TODAY below its 200ma [edit: WEEKLY]
(it’s pretty far away)
Also, FWIW GRAIN OF SALT ONLY
Mildly bullish into july 4
http://www.thewholestreet.com/cgi-bin/r ... 3SA2HDYZV0
Last edited by
Al_Dente on Fri Jun 28, 2013 1:10 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Fri Jun 28, 2013 1:09 pm
Out of Bounds wrote: 12:50 PM bar SPY up to 161.28. Anyone else see it?
It just showed up on 1.02
...
MrMiyagi
Posts: 10336 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Fri Jun 28, 2013 1:09 pm
Out of Bounds wrote: 12:50 PM bar SPY up to 161.28. Anyone else see it?
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Unique
Posts: 3911 Joined: Tue Sep 06, 2011 3:19 pm
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by Unique » Fri Jun 28, 2013 1:11 pm
AAPL Update - Patience paid well
2nd target attempt is finished, it couldn't break 385 first try. Now it's time for the oversold bounce, then look for bears again
viewtopic.php?f=2&t=969&p=135013#p135013
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SERVO
Posts: 52 Joined: Fri Apr 26, 2013 11:04 am
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by SERVO » Fri Jun 28, 2013 1:16 pm
Unique wrote: AAPL Update - Patience paid well
2nd target attempt is finished, it couldn't break 385 first try. Now it's time for the oversold bounce, then look for bears again
viewtopic.php?f=2&t=969&p=135013#p135013
How big do you think over sold bounce will be ~$40-$50? TIA
joeynickels
Posts: 140 Joined: Tue May 31, 2011 9:27 am
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by joeynickels » Fri Jun 28, 2013 1:21 pm
Possibly a triangle will form in the range between yesterday high and this morning low. So could be just range day today. I'm swing long now as my 2 hour SPY chart is riding the 13 SMA which made bullish crossover of the 21 SMA yesterday and continues to point upside. SPY has retested the strong resistance at the confluence of the 50 SMA and middle BB on the daily chart. It's the perfect area for shorts to enter with stops placed above the confluence Consolidation here in a range without resolution today sets up for a POSSIBLE bear trap short squeeze on Monday, especially if a gap up open. Seasonality also appears favorable for bullish chances. So I don't think Cobra is daydreaming. GLTA.
Cobra
Site Admin
Posts: 60077 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Fri Jun 28, 2013 1:23 pm
i'm neutral. this rebound probably has small legs at least though.
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Fri Jun 28, 2013 1:24 pm
So…….VIX futures traders will start getting margin calls when?
At today’s close?
Or on Monday?
Anyone?
Re-post
old news : “VIX Futures Margin Requirements To Increase After Today's Close”
http://seekingalpha.com/article/1525982 ... icle_title
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
MrMiyagi
Posts: 10336 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Fri Jun 28, 2013 1:25 pm
Looks like Bullish bias for now to me.
TraderGirl
Posts: 5031 Joined: Thu Dec 22, 2011 2:47 pm
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by TraderGirl » Fri Jun 28, 2013 1:25 pm
AAPL...iii or v waves for wave (5)? Bounce to red 50 ma? wave (ii) and wave (iv) can sometimes be the same height...
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1der
Posts: 656 Joined: Thu Mar 24, 2011 4:03 pm
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by 1der » Fri Jun 28, 2013 1:30 pm
Triangle Update
Note 14850 VOL Chart = approx 3 to 5 mins.
Also note symmmetry - a beautiful thing
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thanos
Posts: 97 Joined: Thu Jun 23, 2011 12:05 pm
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by thanos » Fri Jun 28, 2013 1:33 pm
With the spx hitting the converging 50 and 20 day MA yesterday it was going to be hard to break that especially on this low volume move up for the past few days. Could see a retest if 1594 is broken.
Unique
Posts: 3911 Joined: Tue Sep 06, 2011 3:19 pm
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by Unique » Fri Jun 28, 2013 1:37 pm
SERVO wrote: Unique wrote: AAPL Update - Patience paid well
2nd target attempt is finished, it couldn't break 385 first try. Now it's time for the oversold bounce, then look for bears again
viewtopic.php?f=2&t=969&p=135013#p135013
How big do you think over sold bounce will be ~$40-$50? TIA
413-415 as max for now..don't see any very bullish hourly bars yet. Treating this as a dead cat bounce only in order to look for the next bear attack.
Unique
Posts: 3911 Joined: Tue Sep 06, 2011 3:19 pm
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by Unique » Fri Jun 28, 2013 1:41 pm
Unique wrote: DUST pretty good for day trades these few days. It meets measure moves very quickly. Fun stuff
DUST Update
Price at the last major support I have, it is key time. Hero bulls need to attempt to bounce or else daily 20EMA is at 113~ if support line breaks
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thanos
Posts: 97 Joined: Thu Jun 23, 2011 12:05 pm
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by thanos » Fri Jun 28, 2013 1:47 pm
Unique wrote: Unique wrote: DUST pretty good for day trades these few days. It meets measure moves very quickly. Fun stuff
DUST Update
Price at the last major support I have, it is key time. Hero bulls need to attempt to bounce or else daily 20EMA is at 113~ if support line breaks
I would 'suspect' a rally to $123 on the GLD. Which is neither here nor there.
Last edited by
thanos on Fri Jun 28, 2013 1:49 pm, edited 1 time in total.
TraderGirl
Posts: 5031 Joined: Thu Dec 22, 2011 2:47 pm
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by TraderGirl » Fri Jun 28, 2013 1:48 pm
Dow more bearish than SPY as of now...continuation pattern from yesterday worked out...abc down....now the 50ma (red) could cross 200 ma (black) at some point today...
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Unique
Posts: 3911 Joined: Tue Sep 06, 2011 3:19 pm
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by Unique » Fri Jun 28, 2013 1:49 pm
thanos wrote: Unique wrote: Unique wrote: DUST pretty good for day trades these few days. It meets measure moves very quickly. Fun stuff
DUST Update
Price at the last major support I have, it is key time. Hero bulls need to attempt to bounce or else daily 20EMA is at 113~ if support line breaks
I would 'suspect' a rally to $123 on the GLD. Which is neither here nor there.
Just fyi DUST = 3x bear gold miners..don't wanna confuse anyone
thanos
Posts: 97 Joined: Thu Jun 23, 2011 12:05 pm
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by thanos » Fri Jun 28, 2013 1:52 pm
Unique wrote: thanos wrote: Unique wrote: Unique wrote: DUST pretty good for day trades these few days. It meets measure moves very quickly. Fun stuff
DUST Update
Price at the last major support I have, it is key time. Hero bulls need to attempt to bounce or else daily 20EMA is at 113~ if support line breaks
I would 'suspect' a rally to $123 on the GLD. Which is neither here nor there.
Just fyi DUST = 3x bear gold miners..don't wanna confuse anyone
I think i'm the one confusing everyone posting about GLD when you are talking gold miners!