07/16/2012 Live Update

[stucap]

Cobra any chance that was close enough for dbl top 5min ES?

I read it as triangle.

bias up, no? a break of friday's high = bullish in my book. a close under would be moderately bullish/bearish (depending on how low we go).

[nicha]

Cobra - any thoughts on AAPL?

[Unique]

Today is just like going to a movie theatre and watching 5.5 hours worth of crappy trailers

I haven't been this bored on a market in ages!

[SWalsh]

I heard Larry Williams once say that when you aren't sure, stand 10 feet back from the screen (or set your resolution small if you are glued to the chair) and it will tell you the direction....is this a right shoulder of a H&S? Because it's rare to see a 2nd right shoulder for an IHS:

[SWalsh]

Today is just like going to a movie theatre and watching 5.5 hours worth of crappy trailers

5.5 hours?....LUXURY

http://www.youtube.com/watch?v=FatHLHG2uGY

[parker]

sorry

http://jonlord.org/ ((((((

[Cobra]

Cobra - any thoughts on AAPL?

still in wait and see mode: http://stockcharts.com/public/1684859/c ... /260183775;

[Petsamo]

X made some wild moves

[noob]

X made some wild moves

Yep any idea why?

[knock]

so few posts today!

[joe-gamma]

cbot716.png (9.65 KiB) Viewed 4111 times

Does anyone have any analysis for the $TNX divergence??

T-Girl: 10yr treasury future does not look bearish today but would be a great week for an island top!
(past trading month, each bar is 377 minutes= about 4-5 bars per trading day
glta

[Petsamo]

X made some wild moves

Yep any idea why?

I dunno, but it's not as beat up as SID. I just observe X on a regular basis. I've been on SID.

[TraderGirl]

spx

[fehro]

breakdown?

[Cobra]

big bear bar, the triangle seemed resolved on the downside.

[MrMiyagi]

SPX is below BBand midpoint line, I wanted it to stay above but it never listens to me, the bastard.

[victorm]

Dollar doesn't support the move...

[johnnywa]

big bear bar, the triangle seemed resolved on the downside.

Triple top

[Mr. BachNut]

I am tightening the stop on my short and may move to a market neutral position at any sign of trouble.
Assuming nothing dramatic at the close, my technical composite has whipsawed, ticking back to a buy. Moreover, enough crossover points on several of the indicators are so close that it could flip back and forth in the days ahead.
This happens in a trendless or choppy market. I want to own a trend not limbo land.

My McClellan Summation Index Signal is going sell today.
So, I have a mixed bag here with a bear bias.

If the stop takes me out, I can jump back in when the congestion ultimately breaks.

[noob]

X made some wild moves

Yep any idea why?

I dunno, but it's not as beat up as SID. I just observe X on a regular basis. I've been on SID.

I got some X, think $20 area is good support.