04/03/2012 Live Update

[BullBear52x]

Baron: Here’s my version of yours
On mine RVX finally confirmed 11:30 ish ish
25ma
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =263240951

and 15 broke
http://stockcharts.com/h-sc/ui?s=SSO&p= ... listNum=15

“never underestimate the power of ……”

Those are really nice. my thought on any setting, be comfortable on your time frame because time frame translates into your draw down. I like 144 on 5min.

[stucap]

Bear flag? For sure! [B/C I'm actually long today the bear pattern will work]

[snakehead]

IWM guru, don't guote me on this just for fun. my reversal target none sense.

If that is an EW failed 5th you have there, the next word you are looking for is COLLAPSE. And that's not a guess or a hope. When you see a failed 5th like that it means they are quietly selling and the mkt cannot hold the rally and then that money that sold pulls the plug. Failed 5ths are 100% big trades.

I feel like Mike Tyson caught me making fun of his lisp. So I'll lay down so it can drop.

It seemed to me that "they" have been quietly selling since last Monday when Bernanke blatantly manipulated the
market up by 'teasing' the possibility of QE-3. I my own paranoid-delusional mind, I had visions of all the big boys
selling above that obscene gap. As u alluded to in another post, in the 'old' days you could third-mortgage the house here and go short, but all Bernanke has to do is open his mouth if his puppet-masters want the market to go higher.

It's criminal.

Forgot what my original thought was ..... oh. Does anybody else see massive across-the-board negative divergence on the hourly and 15-minute MACDs (ok except for EDC ....) Or is it just my imagination?

[uempel]

I showed this chart a few times last week - last signal worked perfectly:

12.png

Nice chart uempel, it hasn't worked that mucc this year because it's been up, up, up.... no volatility...
Hopefully now we can see some volatility action....

You're right about volatility, because this chart hates slow sideways moves - poor chart gets confused and disorientated. A few years back it worked perfectly.

[Cobra]

normal pattern.

[KeiZai]

Today gonna be a big day?

http://www.dailyfx.com/forex/fundamenta ... tions.html

while we are waiting for FOMC here is few charts im watching for long time

Copper squeeze, smallest one (daily)

treasury notes 10y (weekly)

Siemens, flag ship of german DAX (weekly)

Aaaaand the biggest squeeze ever (monthly) this squeeze will shoot us either to the moon or to hell

note: weekly and monthly squeeze is very rare, so when that will fire we can expect BIG move one way or another for a longer time period

[Harapa]

it doesn't look all that negative, I just show the level of resistance.

Actually I ignore ST gyrations when my models are in Full Buy mode as is the case now. Since I am trading juiced products I am used to 10-15% draw downs. These model seems to deliver good returns despite a lot of wobble. Let's hope they continue to do this

[Cobra]

L2 short on EMA20, let's see if any further pullback here.

[Al_Dente]

So sorry please confirm FOMC is at 2:15 ET ????
Thanks anyone

[noob]

L2 short on EMA20, let's see if any further pullback here.

Feels like the market wants to go up than down, es 1408 overnight low, es 1409 morning low, if we can get over these, probably more up to test morning high, esp on back of BB.

[theRASPYone]

THROW BACK CHART left by Ryshab on DEC Mon 19th
............

ok i'll byte. Is the market simple or it it complex? much of this has to do with the eye of the observer. in any given time frame and and on any given chart the market is either in a range or a trend. That is fairly simple to define. If this is so what makes the market complex and difficult? Mostly our perception of the event--far more than the event itself.
................

Thanks for your insight. I do like what you've shared. I am a novice and appreciate your thoughts.

[uempel]

Update:

[BullBear52x]

So sorry please confirm FOMC is at 2:15 ET ????
Thanks anyone

http://www.youtube.com/watch?v=tmJpCYSmsls

[uempel]

So sorry please confirm FOMC is at 2:15 ET ????
Thanks anyone

Fomc minutes at 14:00 pm...

[johnnywa]

2:00 eastern

[uempel]

Update:

[Al_Dente]

So sorry please confirm FOMC is at 2:15 ET ????

Fomc minutes at 14:00 pm...

Thanks uemp
Out early sds only bcuz I have to be flat before fomc (my rules; wus)
Also flattened vxx but won’t post vxx as it’s arguably counter trend and 2 wacky and needs nimble and not suitable yet for sleepovers and etc etc

BEN http://www.youtube.com/watch?v=Jj_8yT0X ... re=related

Here’s calm b4 storm 1min

[tomsky]

DJIA and longer time frame here. If this pans out a bigger down move may be ahead. For now is just a possibility.

Minimum target 12997 but the target with higher probability is 161.8 projection, 12814. But for start it should break the trend line and stay there.

[stucap]

I guess someone knows what the fed is gonna say? Or perhaps they are just front-running it for giggles.

[Cobra]

OK, it was a good L2 short but my plan only fulfilled half as there's no lower low. now there're some chances the low was in, I'm not sure, let's wait and see.