07/18/2012 Live Update

[BullBear52x]

cobra could you please gives an apple update ..... really can not tell what is trading intra day. no clue ...!!! thank you

I'm still not sure about AAPL direction, the chart is ambiguous.

I know you guys are on every inch of AAPL, trend is bullish, the buy the dip once MACD turns will be a tell tell sign, right now it's bullish consolidation.

[KeiZai]

Closed some longs, opened shorts...will buy more if we go higher

[Rezito]

Cobra or anyone else,

Have you heard about or used the Awsome Oscillator (AO)? I don't see too many brokerages that offer it. I've heard a lot of positive feedback about it. Anyone know which brokerages offer it? I know in Canada not even TD offers it.

http://www.profitunity.com/metastock.htm

Not sure if any brokerages have AO available. I believe it is a proprietary indicator. Maybe check with Bill Williams?

Thank you!

[BullBear52x]

Closed some longs, opened shorts...will buy more if we go higher

You got balls boss, no go here for me.

[TraderGirl]

Yes...

All I can say, is if it breaks out of the triangle it could head up for another try, but ultimately I believe GDX is headed for a lower low than made on May 16th.

There is a turn date on 19-20 for markets and PM's so I am assuming we are going to get a move down...

[Unique]

Closed some longs, opened shorts...will buy more if we go higher

We're above your light blue downtrend line already. 1372> 1366.75

[fehro]

close... blue trendline? or another spike/head fake up?

[jdow]

Aapl lagging again.

[OverUnder]

Decent downward energy coming in to gold here, sometimes it comes in waves.

[KeiZai]

Closed some longs, opened shorts...will buy more if we go higher

We're above your light blue downtrend line already. 1372> 1366.75

nope

BB not for intraday, I need to go away for day or two so rather I bought here under res (dax is on res as well) with SL above 1378 ES

[Unique]

Closed some longs, opened shorts...will buy more if we go higher

We're above your light blue downtrend line already. 1372> 1366.75

nope

Closel.png

BB not for intraday, I need to go away for day or two so rather I bought here under res (dax is on res as well) with SL above 1378 ES

Weird when I try to re-produce your SPX downtrend line, the price is above it...

Edit, never mind I think you're using ES and I'm doing it on SPX.

[OverUnder]

Batten down the hatches!

[Cobra]

should be clearer on the 1 min chart what I mean potential 3 push up, so bulls cannot afford a little bit bigger pullback here.

[BullBear52x]

shake out buy, looks like SMH is mirroring XLF.

[joe-gamma]

es 718.png (9.62 KiB) Viewed 4355 times

es 718.png (9.62 KiB) Viewed 4355 times

close... blue trendline? or another spike/head fake up?

Maybe askk BullBear if He sees any notable divergence?
This is 233 minute ES mini chart, maybe I am not brave enough to get short but I might get a little less long for next few days

[KeiZai]

Closed some longs, opened shorts...will buy more if we go higher

We're above your light blue downtrend line already. 1372> 1366.75

nope

Closel.png

BB not for intraday, I need to go away for day or two so rather I bought here under res (dax is on res as well) with SL above 1378 ES

Weird when I try to re-produce your SPX downtrend line, the price is above it...

Edit, never mind I think you're using ES and I'm doing it on SPX.

nevermind now she is above early bird stoploss moved rather to 1383.60 ES

[kamukak]

BBC Spain's banks have 155.84bn euros (£122bn) of loans on their books that are at risk of not being repaid, the highest level since 1994, official figures show.

But the market should go up

[Cobra]

good, it's not 3 push up, but overshot now, so a little pullback here might be then we'll see. by the way, the target was met.

[uempel]

Difficult to trade because we don't know if moves are only due to Friday's option expiry.
SPX P&F chart (not shown here) suggests that a break of 1370ish (closing basis, not intraday) will trigger higher highs

The 5 min chart here shows a signal for today, 60 min chart shows a signal for tomorrow 11:00 a.m.

[BullBear52x]

here is my intraday ding ding.