10/04/2012 Live Update

[sloth]

C & H breakout on the SPX daily

[Cobra]

I'm not happy with this pullback but I cannot say bulls failed yet, so wait.

appears if RSP Leading the way north?

no, apparently RSP is weaker.

[uempel]

My best guess: SPX closes up at 1370, then a move tomorrow morning, counter movement Monday afternoon

[Cobra]

volume surge, ema20 blue line, so hopefully a rebound here.

[SB73]

holy cow...out of long barely break even. Bulls look tired and weak

[KeiZai]

clear breakout, so if the 3rd time is the charm, then today should be up and up and up.

dax going nowhere.
es 60m rsi showing -div.

It would be nice to decouple from that mess. SPX 1463 hit, next breach and it's off to the races.

Why mess? to me DAX is very clear bouncing between two strong lines is a gift

DDD.png

The Europe scene just muddies market optimism over here cause it's likely the source of the eventual derivitives blow out/cascade. Glad you can trade it KeiZai, I am just a uptight ole lizard tryin to learn what you are able to do.

It´s not a rocket science all you have to do is find a good setups with good R/R and catch it - (most difficult part of trading ) I spend hours with charting everyday and studying all kind of charts nevertheless not all trades are winners need to learn a lot too - the more I learn, the less I know GL in ur trading bud!

[BullBear52x]

Now I got the go evil, my swing on spy is a buy and intraday buy the dip now.

[BullBear52x]

TNA is in RED

[Al_Dente]

TNA is in RED

so is AAPL

[Cobra]

let's see how this rebound go. NORMALLY shall fail, but I don't mean large pullback if it fails, may just be another small leg down.

[Cobra]

even weaker than I thought.

[gappy]

ES-10-4-1-P.png

99er. Thanks KeiZai.

[uempel]

Market Neutral. See uempel graphic below.

Mr. BachNut, the long term weekly with the Andrews is not foolproof. It's a weekly and I can draw the Andrews differently by disregarding the candle wicks. This version shows resistance up at 1500....

[fehro]

trend lines

[Cobra]

another volume surge, so hopefully a rebound here. but still this rebound may fail.

[Petsamo]

IWM is close to busting yesterday's low. It has to bounce first, right ?

[Al_Dente]

Just noticed UNH showed up in my auto Dow-30
Replaced KFT

[KENA]

My best guess: SPX closes up at 1370, then a move tomorrow morning, counter movement Monday afternoon

Hi Uemple..That is quite a prediction and is possible..Thanks for the info.

[Cobra]

support. key time.

[BullBear52x]

IWM is close to busting yesterday's low. It has to bounce first, right ?

if I really want to counter trend it, I'll wait for MACD on 5 min. to turn up, it's over sold intraday for sure.