07/08/2013 Live Update

[Claire]

Uempel - do you mean 1660=approx spy 165.5?

[MrMiyagi]

IWM

1335.png (11.5 KiB) Viewed 3212 times

[Cobra]

descending triangle breakdown, target I dare not believe.

[joegamma]

TLT looks good holding at highs for past few hours, maybe to try and fill part of the gap next 1-2 days toward 10860/10875, countertrend, I am a bit long....do not want told if drop below 10670/90

[joegamma]

1335.png

Please please please need nyadv below 2k

[Mr. BachNut]

A little short. Carrying longs and shorts.
Short is trapped. Still some distance to stop, but a signal change could render it a loser.
Long is in R2K late last week per a summation index signal and under tight stop as now overbought.

My summation signal is up.
My trend signal is down. It could turn up this week if the S&P keeps marching along.

The bullish price action continues to be at odds with my collection of internals, which remain weak.
This is making it hard for me to be on the right side of the market at the moment.
The declining tops line has been broken. So, perhaps we are getting a change in trend without a test of the low
or maybe the test comes after the signal changes.

[joegamma]

A little short. Carrying longs and shorts.
Short is trapped. Still some distance to stop, but a signal change could render it a loser.
Long is in R2K late last week per a summation index signal and under tight stop as now overbought.

My summation signal is up.
My trend signal is down. It could turn up this week if the S&P keeps marching along.

The bullish price action continues to be at odds with my collection of internals, which remain weak.
This is making it hard for me to be on the right side of the market at the moment.
The declining tops line has been broken. So, perhaps we are getting a change in trend without a test of the low
or maybe the test comes after the signal changes.

Do you use NYSI for the smalls signal?
seems amex data is low volume and too many derivatives to be useful...

[Cobra]

target met. this pullback shall have small legs.

[BullBear52x]

BB vid
http://screencast.com/t/mOY6LYzY

I will post something soon hopefully, system recovery is ways too slow. check out /TF, (IWM is 2x top), later.

[Cobra]

volume surge, day low as support, so might see rebound here first, then we'll see.

[Me XMan]

Ya coming down now...keep ramping good early and I'll short it for profits

target met. this pullback shall have small legs.

[uempel]

Update:

[fehro]

pull back to lower cyan line, fill the morning gap and then one more push up?...tag the red trendline retest of the previous wedge?... still in a bearish rising wedge?

[MrMiyagi]

VIX turned back at the 50sma.

[fehro]

SPX 5m

[fehro]

slight divergence.. on the VIX

[daytradingES]

BB vid
http://screencast.com/t/mOY6LYzY

I will post something soon hopefully, system recovery is ways too slow. check out /TF, (IWM is 2x top), later.

computers are such a hassle when they don't work.
(imagine if everyone around the world could bill microsoft $50 for time wasted on crashes, software glitches bugs, upgrade conflicts, virus.. etc

- might try a short at 1635.25 area coming soon...

[fehro]

a tad stretch... SPX 5m H&S?

[Cobra]

rebound so far weak, so might resume down somewhere. not sure because this is a bear call.

[Me XMan]

If Fed taper is coming fairly soon, I wonder if these rampings are setting up for suckers coming in.