10/04/2012 Live Update

[Cobra]

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Gap up above yesterday's high, so the gap might not be filled.

Global ES looks not bad, consolidates below an important resistance usually means breakout is just a matter of time, the question is whether it can do a decisive breakout which we may find out today.

[Cobra]

DAX bearish reversal bar (assume it could close right here of course) might mean the rebound is near end, the price would try the previous low again.

[KeiZai]

GM folks

Russell remains in the triangle

DAX rising wedge holding

MR.M so crude bounced from the lower red line but I would not touch it on long side

Euro on 50fib from entire decline

[tradematti]

hi cobra .

so you still call this a weak rebound , and where is the buying point ?

[noob]

DAX bearish reversal bar (assume it could close right here of course) might mean the rebound is near end, the price would try the previous low again.

Morning guys, might not be a reversal after the close.

[Cobra]

the open.

[Cobra]

the open is right at resistance.

[KeiZai]

inverse H&S on ES?

[noob]

inverse H&S on ES?

Those usually valid at bottom rather than top.

[KeiZai]

Haha all over again

[KeiZai]

inverse H&S on ES?

Those usually valid at bottom rather than top.

Yeah I know reversal pattern but bulls are cheaters

[TradingJackal]

Overnight, ES could not break through 1453 (1459 SPX). Any significance to that number?

[KeiZai]

BB tick tick?

[uempel]

Overnight, ES could not break through 1453 (1459 SPX). Any significance to that number?

[noob]

NQ is weak but catching up.

[tradematti]

HI
1452 is 61.8 feb retracement.

[TradingJackal]

Support turns resistance.

[Cobra]

the 3rd time is the charm. for the past 2 days, we had open high go lower then reverse up. so today either we go higher and higher or we go lower and lower, there won't be a reversal anymore?

[Petsamo]

I sold WLT, twice, at a profit. Now, it doesn't seem to know what direction down is

[uempel]

DAX is flat