09/28/2012 Live Update

[Cobra]

the consolidation favors bears a little.

[noob]

CL and HG are both green. CL holding support at 91.60 and challenging resi at 92.00. HG broke out of bull flag yesterday and made successful retest of broken flag overnight. Both CL and HG did not confirm the second low on the SPX/ES. Furthermore, they are both holding very stubborn choosing to fight resistance every chance they get rather than test support. I find that HG/CL generally lead rather than follow and they are saying buy (for now).

Ok makes sense, but look like Euro, paints quite a different picture.

[BullBear52x]

no go for bulls, watch the break down.

[Petsamo]

no go for bulls, watch the break down.

We have to respond to what Europe is doing. I think we break down

[KENA]

Kena and Dr. Al: Thoughts on CORN. Did it break your dome this morning?

Al_Dente has the chart..Have not seen him here as yet.

[stucap]

Kena and Dr. Al: Thoughts on CORN. Did it break your dome this morning?

Bounced off of 100 sma. Take a look at Fibs for a potential short.

[stucap]

CL and HG are both green. CL holding support at 91.60 and challenging resi at 92.00. HG broke out of bull flag yesterday and made successful retest of broken flag overnight. Both CL and HG did not confirm the second low on the SPX/ES. Furthermore, they are both holding very stubborn choosing to fight resistance every chance they get rather than test support. I find that HG/CL generally lead rather than follow and they are saying buy (for now).

Ok makes sense, but look like Euro, paints quite a different picture.

Which is odd because Copper is traded most heavily in London.

[Al_Dente]

Kena and Dr. Al: Thoughts on CORN. Did it break your dome this morning?

Nice bounce
ps belated thanks for lumber this wknd

[noob]

Triangle breakdown then retest?

[Mario TR]

Dollar is the key... dollar at resistance

DXY - 1 hour

[Cobra]

kind like descending triangle, so still favors bear a little.

[KENA]

Kena and Dr. Al: Thoughts on CORN. Did it break your dome this morning?

Nice bounce
ps belated thanks for lumber this wknd

928corn.png

Gm Al_D..It looks like the dome is still in unless it keeps going up..Good chart thanks..Ps I don't trade corn but it is good to see the charts.

[Cobra]

volume surge, so may see rebound first though.

[Al_Dente]

Kena and Dr. Al: Thoughts on CORN. Did it break your dome this morning?

Nice bounce.....ps belated thanks for lumber ...

Gm Al_D..It looks like the dome is still in unless it keeps going up..Good chart thanks..Ps I don't trade corn but it is good to see the charts.

Busy today. I must serve the motherland.

[shaca]

small final crash in the french stock market and eurostoxx future

[Me XMan]

Breaking up over $143.80 and I'm staying put.

volume surge, so may see rebound first though.

[Al_Dente]

[Me XMan]

Looking like money moving from Europe to US.

small final crash in the french stock market and eurostoxx future

[Cobra]

volume surge, this time means pullback. key time, let's see if bulls can make a double bottom here.

[Cobra]

more and more like double bottom now.