08/23/2012 Live Update

[Harapa]

I got the TIck but no Ding on buy just yet so wait......tick tick tick

Your system is about to switch to sell the rip?

[BullBear52x]

GM,
Swing sell, intraday buy that's the blue print for me today.

Yo StressFree:
So you are out of yr swing long, yes?
ps big gaps silver and gold

I think his swing long hit stop

Thanks Harapa, that is correct. as far as metal and inflation lets save it for this weekend discussion, look at DBA for the tells tells of inflation.

weekend pls explain how/why DBV tells inflation? EDIT NEVERMIND I THOUGHT U SAID DBV NOW I SEE DBA
thanks bossy

DBA for inflation
DBV for liquidity

[Cobra]

I'd be happy if it could test green line below. I have a dream...

[Cobra]

NORMALLY, this should be 2 legged down at least.

[Unique]

I'd be happy if it could test green line below. I have a dream...

Be careful when you say you have a dream. Last time, they assassinated a heroic figure in history

Just kidding..

Still net short in SPY, my SPXU is finally green again, and SPY OTM puts are still red. Now my AAPL lottery tickets should be flying today !!

[Out of Bounds]

Closed short - waiting to re-enter.

[joe-gamma]

I got the TIck but no Ding on buy just yet so wait......tick tick tick

thanks for your charts BB....
feels like a (chance for) setup for bullish divergence with a lower low here, watch 15 and 60min.....

BUT
watch the Tranny (1%+ falls tend to have more downside next day)

and watch $SOX and semis SMH (they lead this on way up last few weeks-and started to fall sooner than SPY Qs and IWM)

GL, here is the ES 6hr bar chart, small bullish divergence, usually needs more, often 2 to3 pushes lower

es823.png (9.39 KiB) Viewed 3953 times

here is a 10hr bar chart of ES futurs, look for momentum divergence, takes a couple of days and is sometimes a bit late to the rally

es10hr823.png (9.88 KiB) Viewed 3953 times

THANKS FOR ALL THE GREAT INPUT HERE ON DA KING'S board!

[BullBear52x]

I got the TIck but no Ding on buy just yet so wait......tick tick tick

Your system is about to switch to sell the rip?

Yes, remember that I hope the counter trend on my swing fail, hedging in another word. let see 140.70 I mentioned yesterday will hold support.

[Al_Dente]

GM,
Swing sell, intraday buy that's the blue print for me today.

Yo StressFree:
So you are out of yr swing long, yes?
ps big gaps silver and gold

I think his swing long hit stop
Thanks Harapa, that is correct. as far as metal and inflation lets save it for this weekend discussion, look at DBA for the tells tells of inflation.

weekend pls explain how/why DBV tells inflation? EDIT NEVERMIND I THOUGHT U SAID DBV NOW I SEE DBA
thanks bossy

DBA for inflation
DBV for liquidity

Why not add DBC as it contains pmetals and oils
DBA has too much livestock

[heavenskrow]

first 5min vxx penetration of Hourly resistance from June 4th low in equities.
need a hourly close for confirmation of breakout

[gvg]

Anyone trading NUGT or DGP or holding long term?

Holding GDX and GDXJ, UGL for longer term, NUGT/DUST will kill you in choppy markets

[Harapa]

VIXIES Update:
Side to trade with is obvious. Note VXZ is outright sell.

[67Chevy]

Geez, I totally missed this move in platinum..

[BullBear52x]

DBA for inflation
DBV for liquidity

Why not add DBC as it contains pmetals and oils
DBA has too much livestock

I see Food and agriculture as more important
Dr. copper for real metal in industrial nation ( Gold and Silver? LOL)

[heavenskrow]

possible bounce from here as vxx just slapped again at resistance.

[Petsamo]

For those who want to go long on something or diversify their portfolio, check out REMX. Any opinions ?

[ysc]

NORMALLY, this should be 2 legged down at least.

if you add this: "not sure, since your brainwashed" , then it may come true.

[Harapa]

This simple setup has done well recently. Keep an eye on this setup for change in direction of IWM.

[Al_Dente]

renko

[BullBear52x]

New LOD I will see it as a fail counter trend.