08/02/2012 Live Update

[Harapa]

Some sign of divergence between SPY and RUT, SPY at LL but RUT is not, or RUT may follow SPY!

[MrMiyagi]

Might as well....

[Mr. BachNut]

Two sides of the same coin.
The bots work the currency and the indexes simultaneously.
Note 2:13 pm yesterday and 10:55 today and compare to SPY 1 minute chart.
Some buying going on at 11:49.

The attachment AUD Today.jpg is no longer available

Pardon if I am overly fixated on this today...

Mr Bnut
can u overlay EWA on that chart and re-post
nevermind if 2 much trouble
thx

[Petsamo]

IWM still needs to bust the morning's low

[Al_Dente]

PAGE KENA:
Dome, right???
Target 135 or 134ish ???????
Straight indices, no ratios

[Mr. BachNut]

Russell - after breaking this line it could be really scary for russell

AA.png

Agree.

[joe-gamma]

trendlines will the green channel hold?

Thank you for your awesome chart next to dude 99er.

Thanks!

And it's Thursday... so here's the sentiment survey results. So from a contrarian point of view... the bearish view was too strong last week for more downside..
but looks like we are swaying back to neutral
http://www.aaii.com/sentimentsurvey/sent_results

thanks for the survey data--looks like some bears covered in spy and qqq, based on moves earlier this week....now, did i pay toomuch for my put gamma?
GL

[fehro]

bounce here?...or 1340ish, fill the gap, tag the lower red trendline?

[Cobra]

biggest bar plus volume surge, so hopefully a rebound of some kind here. then we'll see. should be another leg down later.

[MrMiyagi]

I smell a bounce here.. anyone else?
Or has my olfactory sense seen better days..

[KeiZai]

Russell with potential double bottom...hopefully my SL is very close

[Tabby]

hmmm looks like I will be stopped out flat

Russell - after breaking this line it could be really scary for russell

AA.png

I've down loading actual list in my database to keep track of $RUA ( Russell 3000). I am so surprised that there are amny stocks in the list that only have volume of 10 -500 , so only those stocks with volume of over 1M that make big difference in the list, the rest with constant volume and price should not have big impact on Russell 3000. Some of the stocks are already off the market but Russell still keep them in their list as components of the index. They just revised their list as 6/25/2012. For eaxmple , under Russell 3000, under B section of the list, I don't find any price or information on BF.B and BSSR, this makes it RUSSELL 2998 so far.

Based on stockchart market blog, the strength Russell should be weighed based on IWM:SPY or $RUT:$SPX and it has been going down for a while.

[johnnywa]

Some sign of divergence between SPY and RUT, SPY at LL but RUT is not, or RUT may follow SPY!

RUT had its move down yesterday

[KeiZai]

hmmm looks like I will be stopped out flat

Russell - after breaking this line it could be really scary for russell

AA.png

I've down loading actual list in my database to keep track of $RUA ( Russell 3000). I am so surprised that there are amny stocks in the list that only have volume of 10 -500 , so only those stocks with volume of over 1M that make big difference in the list, the rest with constant volume and price should not have big impact on Russell 3000. Some of the stocks are already off the market but Russell still keep them in their list as components of the index. They just revised their list as 6/25/2012. For eaxmple , under Russell 3000, under B section of the list, I don't find any price or information on BF.B and BSSR, this makes it RUSSELL 2998 so far.

Based on stockchart market blog, the strength Russell should be weighed based on IWM:SPY or $RUT:$SPX and it has been going down for a while.

Thanks Tabby, if u can please post link sounds interesting definitely worth a look!

[KeiZai]

hmmm looks like I will be stopped out flat

Russell - after breaking this line it could be really scary for russell

AA.png

I've down loading actual list in my database to keep track of $RUA ( Russell 3000). I am so surprised that there are amny stocks in the list that only have volume of 10 -500 , so only those stocks with volume of over 1M that make big difference in the list, the rest with constant volume and price should not have big impact on Russell 3000. Some of the stocks are already off the market but Russell still keep them in their list as components of the index. They just revised their list as 6/25/2012. For eaxmple , under Russell 3000, under B section of the list, I don't find any price or information on BF.B and BSSR, this makes it RUSSELL 2998 so far.

Based on stockchart market blog, the strength Russell should be weighed based on IWM:SPY or $RUT:$SPX and it has been going down for a while.

Thanks Tabby, if u can please post link sounds interesting definitely worth a look!

Aaaa nevermind I think you thought probably database to your trading- platform

[Harapa]

Some sign of divergence between SPY and RUT, SPY at LL but RUT is not, or RUT may follow SPY!

RUT had its move down yesterday

Another evidence of divergence

[Mr. BachNut]

Dr. Copper looking sick.

Pardon the busy chart.
Copper is flirting with the support line of a sizeable symmetrical triangle.
Gets interesting cause down below lurks the neckline of a substantial head and shoulders pattern.

Someone needs to tell Mr. Market not to feed the bears...

[Unique]

No horizontal support until 135.25-135.00, with 60min 200SMA at 135.37. 135.5 minimum...since this is consolidation aka continuation after.

[Al_Dente]

Two sides of the same coin.
The bots work the currency and the indexes simultaneously.
Note 2:13 pm yesterday and 10:55 today and compare to SPY 1 minute chart.
Some buying going on at 11:49.

The attachment AUD Today.jpg is no longer available

Pardon if I am overly fixated on this today...

Mr Bnut...can u overlay EWA on that chart and re-post

Thank you Mr Bachnut…. http://www.youtube.com/watch?v=XKRj-T4l-e8

EWA 30min fwiw

[shaca]

copper is in a very bad situation... and under 3.15 it would break the neckline of that big weekly head and shoulder with target below 2