08/17/2013 Weekend Update

[Cobra]

Smart Money huge short, the last 2 times this huge short, both led to corrections.

[Cobra]

Institutional buying and selling action chart from stocktiming shows now institutions are in distribution.

[Cobra]

AAII and II. II still mostly bullish.

[Cobra]

Summary of the week's stock picks.
viewtopic.php?f=10&t=1023&p=139369#p139369

[Cobra]

stock picks for the next week.
viewtopic.php?f=10&t=1031&p=139372#p139372

[fehro]

Possible road map. The routes may be correct in relation to levels.. not time frames. Anyhow levels to watch.

[joegamma]

Great chart Fehro!
from McClellan's corner its got classic Nysi at zero line (1000), usually at least a pause in price movement here, possible a bounce off mid June highs and this 38% retracement level
(Nov. 15, 2012.)
http://www.mcoscillator.com/learning_ce ... ic_tricks/

given the level of retail complacancy and cpc activity in this downmove i think more downside after brief pause.

have a great weekend all Boardies and vote for Da King!

[daytradingES]

I use (try to use) some of Gann's principles within my day trading.
One aspect is speed lines.
As the S&P index is hybrid (not a single stock) and as the composition of the index and weights change it is not a consistent index overtime.
Regardless of these difficulties my system is built on it and so I'm stuck.
I have some mathematical questions that others may be able to help with.
I will start a Gann thread in the investor's lounge and post my Gann questions there.

-----------
a link to a math question
viewtopic.php?f=11&t=1032&p=139379#p139379

[Al_Dente]

I use (try to use) some of Gann's principles within my day trading.
One aspect is speed lines.
As the S&P index is hybrid (not a single stock) and as the composition of the index and weights change it is not a consistent index overtime.
Regardless of these difficulties my system is built on it and so I'm stuck.
I have some mathematical questions that others may be able to help with.
I will start a Gann thread in the investor's lounge and post my Gann questions there.
a link to a math question
viewtopic.php?f=11&t=1032&p=139379#p139379

Aug. 16 – 23 is supposed to be the week that some Gann “Square-of-9” followers expect the SPX to plummet.
I would really like to hear what you think?
[This is an OLD article, July 10]
http://www.futuresmag.com/2013/07/10/un ... arket-cras

I respectfully request that you post a link here when you have updates over your Gann thread. Thanks

[BullBear52x]

Bubble or no bubble? that is my question?

[BullBear52x]

Chart of the day goes to AAPL

[Al_Dente]

SECTORS

[Al_Dente]

Bespoke’s chart of the 50 dma

And Bespoke’s asset-class performance table

[parker]

The island is in the SPY picture

[BullBear52x]

China and emerging marker.

Do or die for EEM/EDC a trade under line in the sand will also indicates a failed 50 DMA break out.

FXI stop is at 35.9 dip will be bought until it fails before bears can have a say.

[BullBear52x]

The island is in the SPY picture

yes, a cluster bearish island. also, short term I see it as run-away gap, very bearish atm.

previous gaps

[BullBear52x]

GLD
The old man once said, "even you are right on gold price, but to invest in it is stupid" and the young men today are still focusing on 150 on gld

[Al_Dente]

SPY is starting to look like a dome
If it is a perfect dome (and they rarely are), the target date to reach the dome base would be about the week of 16 Sept at SPY $156
Dome patterns are highly speculative, and every bounce has the potential to bust the dome wide open.

[daytradingES]

From my weekend update.

This is from the ETH weekly summary section.

Things I noticed:
1. double weekly top of 1705 making this a key number (2 &9 Aug)
2. midpoint continued up in week of 9 Aug but has now fallen to 1672.
(this is below 1678.13 of 19 Jul so 12 Jul is the last time seen these levels)
(week 28 Jun had a larger drop in midpt change so not horrendous)

[joegamma]

Cobra outlook re: Open/Close outside lower BB for Spy, examples here http://stockcharts.com/public/1684859/c ... 312772968;....

not a roadmap, but a few more signposts when SPY does this here viewtopic.php?f=11&t=967