11/01/2013 Live Update

[fehro]

RUT on the 20 d SMA.. loose it.. look out below.

[Cobra]

rebound so far weak, the bias is a little bit on the downside.

[uempel]

KeiZai, I had a quick look, interesting stuff. Not sure if it works on the intraday, but this here is quite remarkable Thanks!

KeiZai, I do the DAX too, I've been at it for many years.

For me one of the best DAX signals is watching the Eurex futures: A) the bid/ask volumes and B) the symmetry deviation between FDAX and DAX. I always notice that as soon DAX does something contrary to the big boys' intention deviation between FDAX and DAX widens, sometimes by a ridiculous margin. The big boys don't always win, but in general they manage to steer the market their way. At the moment the big boys are hesitantly bullish

Yep definitely agree with u here is another one usefull tool I like (especially for scalpers) its not always working but its good to see how is herd positioned(they are very often on the wrong side) : https://www.boerse-stuttgart.de/de/mark ... index.html

[Daniel-David]

5min timeframe, QQQ below 20 and 50period MAs, daily VWAP, and intraday trendline... above 83.05 will clear all that...

[fehro]

even thought the car is running and green... seems there's a little problem under the hood.

[Al_Dente]

McClellan on gold
http://www.mcoscillator.com/learning_ce ... ting_gold/

[L_T]

McClellan on gold
http://www.mcoscillator.com/learning_ce ... ting_gold/

How about "Al on Renko?"

Here is my 30 min but I won't trust it's not in whipsaw mode until a decisive lower low is made.

[KeiZai]

KeiZai, I had a quick look, interesting stuff. Not sure if it works on the intraday, but this here is quite remarkable Thanks!

The attachment 55.png is no longer available

Folks are using it for intraday trading to find extremes and trade contra, use to work...what do u think about triangle here I am playing this atm if I am right we will see one more leg higher before some kind of top is possible we will see

[fehro]

GLD for what it's worth.. H&S loosing it's shape.. cyan triangle could play out.. needs to hold near the green wedge. $GOLD does not give interday (todays) price till end of day.

[fehro]

$RUT is weak. INDEX 5m

[BullBear52x]

Morning BB to the AMD, I took the small loss there I think is flaggish (wave4) and the structure although there is not overlap(yet) I think is too big for something uber bullish, my reading is we are in the B-wave with 5w up to come later but my original idea with wave 5 to come is imo dead, I don't like stocks where I took the loss for some time but if I will see reaction around 2.70-3 mybe I will try long again

Paging Keizai
Seeking Alpha continue their campaign to put good word on AMD, well they need to break out already

O: viewtopic.php?f=2&t=1086&p=144536#p144536

AMD.png

AMD2.png

and thanks

Thanks, FA is sounded but TA doesn't look good, I'll put it on watch list.

[Cobra]

100% mm.

[Out of Bounds]

$TRIN indicates that the selling is broad and the large leaders are overbought. That is not a typo. Am I misinterpreting this? I don't think I am.

[fehro]

SPX 5m.. gap filled...

[jack black]

McClellan on gold
http://www.mcoscillator.com/learning_ce ... ting_gold/

Thanks for the link. He correctly identified the bottom in gold at the end of june. Unlike some other gold bugs that turned gold bears lately and still say to short gold.

[Cobra]

members only update at 11:13 am
http://www.cobrasmarketview.com/2013/11 ... ay-update/

[Al_Dente]

How about "Al on Renko?"
Here is my 30 min but I won't trust it's not in whipsaw mode until a decisive lower low is made.

Almost, not yet on spy renko

But IWM and XLF are swing short

[jack black]

$TRIN indicates that the selling is broad and the large leaders are overbought. That is not a typo. Am I misinterpreting this? I don't think I am.

I agree. Vix shows no fear. I'm still shorting XLF and I added a small short position in QQQ this AM.

[fehro]

mind the mid red channel, otherwise... green? SPX 5m

[uempel]

KeiZai, I had a quick look, interesting stuff. Not sure if it works on the intraday, but this here is quite remarkable Thanks!

55.png

Folks are using it for intraday trading to find extremes and trade contra, use to work...what do u think about triangle here I am playing this atm if I am right we will see one more leg higher before some kind of top is possible we will see

D1a.png

Maybe, I've got MA 5 and a Fib fan at 9011 and at the mom it's holding.

Talking DAX: KeiZai, I calculated two possible reversal points for DAX some time ago, one was 9047, the other 9158. Calculation was with a X/Y system. The X for both points to early November, the first Y-number (9047) is calculated on the basis of closing prices, the second Y-figure (9158) is calculated on the basis of intraday extremes.

So far DAX never closed above 9034. This might be because my calc is wrong, it might also be because my idea doesn't meet the facts. I'm in wait and see mode