08/28/2012 Live Update

[Unique]

Time to buy SPY calls soon

Channel lines support + Oversold

Lets see if lowballing would work today..

The calls should reach 50% soon

Gotta love consolidation days

[Petsamo]

IWM just busted yesterday's high. SPY is draggin

[Mario TR]

DXY

[TraderGirl]

TNA...

[Cobra]

volume surge, biggest bar, so may see pullback here. Normally (I'm not sure anymore) this up leg should be at least 2 legged, so the pullback might be bought.

[Cobra]

100% MM target. I have a dream.

[TraderGirl]

FAS...??

[Unique]

100% MM target. I have a dream.

The last one got assassinated for speaking out, watch out, look around, big brother is upon us

Looks like we're gonna stall a bit, then it's lunch time flatness and then we might have a crazy afternoon?

[TraderGirl]

Well, I guess Cobra and I are on the same page....financials are the S&P...

[Harapa]

Q: how low have you seen cci 168 ?
hmmmmmm cci 168 on XIV (freestockchrts) didn’t get low at all….. only on inverted vix on stockcharts

On August 3, 2012 it was as low as -430 on VIX and XIV was not this low, though I can see XIV also as low as -400 at other times. Sometime they don't track in real time and this may be due to their structure, one is theoretical other is traded entity.
Purely on INTRADAY basis I also expect some type of rebound from this level.

[737controller]

Gap closed (?) Maybe a bear raid to start the morning?

trading jackal,
Do you have an email to ask you a question? Did not see one on your site and don't want to break any rules on here. Thanks

Wow! Now you are scaring me! tradingjackal@gmail.com

Dont worry, it is not a paternity test or std result.

[heavenskrow]

Spy 5min

[jdow]

IWM just busted yesterday's high. SPY is draggin

lovin it... once I quit shorting.. I.E. BTFD O N L Y, i'm back to profits!

[Harapa]

Breakout of upper trend line for VIX.

[Unique]

FAS...??

Target seems too large for today, duration?

There's a channel at about 98.4-98.7 for me

[Harapa]

Looks like traders are playing with TL of what may be regarded as bull flag;rebounding from upper TL after BO in case of ES and trying to BO in case of RUT futures.

[Al_Dente]

Q: how low have you seen cci 168 ?
hmmmmmm cci 168 on XIV (freestockchrts) didn’t get low at all….. only on inverted vix on stockcharts

On August 3, 2012 it was as low as -430 on VIX and XIV was not this low, though I can see XIV also as low as -400 at other times. Sometime they don't track in real time and this may be due to their structure, one is theoretical other is traded entity.
Purely on INTRADAY basis I also expect some type of rebound from this level.

I am on inverted $ONE:$VIX so my HIGH 3 aug was EXTREME +675
I think u are on straight VIX like a normal person when u say 3 aug low -430 VIX
Right?
Either way it’s extreme, and now I have my oversold “must bounce near here” line (at least for quickie bounce)
on the cci 168 on upside down INVERTED VIX only $ONE:$VIX
minus -250 to -270 ish

[Harapa]

I think u are on straight VIX like a normal(Harapa edit:relative term) person when u say 3 aug low -430 VIX
Right?

Yes

[TraderGirl]

FAS...??

Target seems too large for today, duration?

There's a channel at about 98.4-98.7 for me

Definitely not today, an eventual target...my charts say up into the next big turn date of Sept 6-8th...

There are two turns this week - Weds and Thursday....there is a possibility that we turn up into thurs, then down on Friday, but then I have us up the following week 5-7th timeframe....

Then we could get a sharp pullback around that time into mid Sept...then it gets worse at the end of Sept...very bad...

[Al_Dente]

go BIDU