06/18/2012 Live Update

[BullBear52x]

can not break out, vix ratio is looking normal here.

[cougar]

Cougar......Where can I find this chart you're referring to?
"Check on my chart "SPX rounded top ~ VIX rounded bottom" which appear to deliver a reliable SPX signal!

We can discuss the concept some other time, when we have more time!cougar"

Kiaora:
Evilspeculator’s link was posted by TG today

My chart was posted over the weekend and updated today at 10:52 am EDT.
Commentaries by both people are worth reading while looking at charts...IMHO
Also, note the charting differences, starting with the time frame

[Cobra]

OR high holds, not bad, but now no failure allowed for bulls.

[MrMiyagi]

There's your failure, didn't wait long. I'll bring out "El Button".

[stucap]

Cup and Handle on Crude 5min?

[ClarkW]

As discussed with Clark over the weekend...enterd short EWP (see other cahrts posted then)

New trading chart (5 Min):

Nice chart! I bought a little EDZ (3x EM bear) about an hour ago. 8 of last 10 times ChiOsc rose above $10m EEM had a pullback. RSI and MACD also providing negative divergence

NOT A RECOMMENDATION

[BullBear52x]

Gap down this morning is very encourage for da bears but not significant enough to see it on my hourly gap chart here. closing lower today and gap up to put in and exhaustion gap and reversal tomorrow will be perfect then?

[TraderGirl]

As discussed with Clark over the weekend...enterd short EWP (see other cahrts posted then)

New trading chart (5 Min):

Nice chart! I bought a little EDZ (3x EM bear) about an hour ago. 8 of last 10 times ChiOsc rose above $10m EEM had a pullback. RSI and MACD also providing negative divergence

NOT A RECOMMENDATION

Nice chart Clark

[Harapa]

Bears Beware, change in Trend in progress!

[cougar]

Volpinacci got breaking news, from his super-secret sources:

Why Venizelos doesn’t want to play ball with them: not having the physique of a Spartan warrior, he might tilt the World Markets!

Spanish PM to Merkel-Turtle, in a secret telegram: “If you are scared of lefties, watch out! We also have plenty of Chorizo!”

[BullBear52x]

for the NOT so hard core short sellers, will not hurt to wait for MACD to turn. if you really want to be early see INTC over bought however you look at it. CCI way over 200 and %B over 1, no stat but you will make money scalping on the down side in the near future.

[Petsamo]

Anyone see a bear flag on SPY & IWM ?

[BullBear52x]

Anyone see a bear flag on SPY & IWM ?

Per my speed and time frame, I will not looking for bear flag unless it trades below 200ma 1min chart at the minimum.

[uempel]

Update:

[gappy]

Gap down this morning is very encourage for da bears but not significant enough to see it on my hourly gap chart here. closing lower today and gap up to put in and exhaustion gap and reversal tomorrow will be perfect then?

I'm gonna guess the Fed needs a big dip before Wed so they have an excuse to ink up the jets, and had JPM signal an early buy today just to make it more dire looking.

[jarbo456]

Cup and Handle on Crude 5min?

i'm seeing a triangle being carved out in /CL longer term chart 1hr, 4hr, daily chart...

should mean continuation down. maybe be putting the low of 74.95 into range...

might see a rebound to 85 before we head lower again...

anyone have a longer term /CL call?

[TraderGirl]

UVXY support??

[BullBear52x]

Gap down this morning is very encourage for da bears but not significant enough to see it on my hourly gap chart here. closing lower today and gap up to put in and exhaustion gap and reversal tomorrow will be perfect then?

I'm gonna guess the Fed needs a big dip before Wed so they have an excuse to ink up the jets, and had JPM signal an early buy today just to make it more dire looking.

I think I am being very patience with financial (XLF/FAS), JPM will see 30 again soon, me thinks.

[TraderGirl]

Cup and Handle on Crude 5min?

i'm seeing a triangle being carved out in /CL longer term chart 1hr, 4hr, daily chart...

should mean continuation down. maybe be putting the low of 74.95 into range...

might see a rebound to 85 before we head lower again...

anyone have a longer term /CL call?

/CL looks like it could be trading in a descending triangle...80 still support, below that could be 75ish...

[gappy]

Gap down this morning is very encourage for da bears but not significant enough to see it on my hourly gap chart here. closing lower today and gap up to put in and exhaustion gap and reversal tomorrow will be perfect then?

I'm gonna guess the Fed needs a big dip before Wed so they have an excuse to ink up the jets, and had JPM signal an early buy today just to make it more dire looking.

I think I am being very patience with financial (XLF/FAS), JPM will see 30 again soon, me thinks.

This is the value of the Cobra, combining all the tutor,s charts with the one I have up my .....