08/16/2012 Live Update

[Al_Dente]

wow BIG bot buying right there about 4 mil shares
spy

[BullBear52x]

Can anyone figure out some trendlines on this MCD chart? Seems like support is 82$-ish but I can't draw a line from top because of the many ups & downs.
Plan is to write some December puts at either 80$ or 82.50$.

lines

[MrMiyagi]

[CH37]

IWM had P-bar too...

[OverUnder]

Weee.

[KeiZai]

TOP

[knock]

Hougston, we got neg D

[MrMiyagi]

Thanks BB52x, I see the support/resistance lines are lower than the lines I had drawn.

[Cobra]

nothing to say other then bullish. the very first touch of EMA20 was bought aggressively.

[Harapa]

HARAPA do u use the % “comparisons” feature on freestkcharts?

Yes, I do.

[TraderGirl]

Can anyone figure out some trendlines on this MCD chart? Seems like support is 82$-ish but I can't draw a line from top because of the many ups & downs.
Plan is to write some December puts at either 80$ or 82.50$.

Well it looks like it is trying to hang on to a support line that has been touched several times in the last few years...

Needs to hang on at $86, or could fall further.....

[MrMiyagi]

[MrMiyagi]

Thanks TG and BB52x, I'll look for easier pickings.

[Al_Dente]

PERFECT PERFECT chart HD
5 minutes only
today only
intraday only
up to this minute only

[too bad I didn’t spaghetti that one]

[OverUnder]

Zee bonds, zey not look zo good.

[Harapa]

HARAPA
On that example only, if it can break out above all those dang lines, it has strength, if it’s a trap I exit quickly.
I use it to confirm a trade in whatever is STRONGEST % gainer, not usually trade XIV.
EG: right now spy is above all those MAs but XIV is deteriorating

A confirmation by other vixies may increase the confidence in the breakout. For example RVX/VXN were in buy mode much much earlier than this, with this information I would have felt comfortable entering even when only two out four vixies were in the buy mode . I added this to my stockcharts.
Thanks for sharing it

[BullBear52x]

TOP

You really saying that? OK Mr. Ballsie, I will have to agree, here is my daily VIX imbalance, risk is high for the buy side. this is not a swing this is more of a mid term thing.

[BullBear52x]

Thanks TG and BB52x, I'll look for easier pickings.

[MrMiyagi]

Since I have time before POWER HOUR;

[TraderGirl]

/DX is nearing support....wonder if it will hold....