05/25/2012 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks!

If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday: http://stockcharts.com/public/1684859, thanks!


Flat open, so any gap will be filled.

I don't like what I see on Global ES. It goes as I mentioned in the last night report, except it had the 4th push up (which I didn't deny the possibility last night, did I? I don't remember what I said ) failed, which is common as "3 Push Up" is just a name that more exactly should be "n Push Up". Now we have a clear overlap, 3, hmm, no 4 push up on the 2nd leg up, indicating further lose of up momentum, so no deny this is not an impulse up to bring us to Galaxy far far away, agree? OK, now I cannot deny the possibility of the 5th push up but usually such a push, if any, might not be able to make a higher high. Well, let's see. Confused about what I said? Don't be frustrated, you'll understand gradually. It takes years to get the market sense like me, knowing the chart can actually talk do require some experiences.

[Cobra]

DAX looks bad, consolidating under H&S Top neckline only make the bearish pattern as real as it gets!

[cougar]

Merbama always wears Prada and sometimes pushes the $SPY button at the right time., creating new pivots:

[Al_Dente]

Good morning
CHINA HARD LANDING
http://www.bloomberg.com/news/2012-05-2 ... s-say.html

[1der]

Question: How many people here are living in the San Francisco Bay Area? Just curious.....

[Richarab]

Question: How many people here are living in the San Francisco Bay Area? Just curious.....

no, sorry - i dont live there. thanks

[Petsamo]

Question: How many people here are living in the San Francisco Bay Area? Just curious.....

San Francisco loves Nancy Pelosi

[Cobra]

Question: How many people here are living in the San Francisco Bay Area? Just curious.....

no, sorry - i dont live there. thanks

Do you live in a palace?

[Richarab]

Question: How many people here are living in the San Francisco Bay Area? Just curious.....

no, sorry - i dont live there. thanks

Do you live you a palace?

is this a palace to you?
i call it my condo

[Petsamo]

Fellas, keep an eye on EWZ. Sometimes it'll tell you the direction the market's gonna go.

[WesMantooth22]

Huge volume at the EUR/USD test at 1.25. Positive divergence on all time frames inside of the daily.

[Cobra]

Question: How many people here are living in the San Francisco Bay Area? Just curious.....

no, sorry - i dont live there. thanks

Do you live you a palace?

is this a palace to you?
i call it my condo

Really not bad, I like it!

[Cobra]

the open.

[ken_d17]

Question: How many people here are living in the San Francisco Bay Area? Just curious.....

Hi 1der,

I am in the Bay Area,

Ken

[TraderGirl]

Question: How many people here are living in the San Francisco Bay Area? Just curious.....

I live in the Bay Area

[1der]

Richarab - I thought that was the just the utility room for the pool ! I appreciate your humbleness

[TraderGirl]

Question: How many people here are living in the San Francisco Bay Area? Just curious.....

I live in the Bay Area

Peninsula...

[johnnywa]

Waiting fo 13331-34 for short

[THAT GUY]

Question: How many people here are living in the San Francisco Bay Area? Just curious.....

no, sorry - i dont live there. thanks

Do you live you a palace?

is this a palace to you?
i call it my condo

It has the old Arabic home style, very nice!

[johnnywa]

1331