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Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:00 pm
by Cobra
here's another reason I expect a pullback here: overshot, volume surge and biggest bar, so this could be an exhaustion bar. just don't forget the trend is clear up, rarely this push up is one legged so the pullback usually is buy.
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:01 pm
by MrMiyagi
At this rate, come POWER HOUR SPY will go over 141$ easy.
That was it? Not much of a pullback... Strong bull action today, was not expecting this much strength.
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:08 pm
by TWT
GLL (ultra short gold etf): Potential bullish setup
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:10 pm
by Cobra
the usual pattern, should be another push up.
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:15 pm
by Cobra
volume surge, not sure what it means, wait.
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:16 pm
by uempel
Looks as though 14:00 pm signal was a dud - bye guys, I'm off for the weekend.
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:18 pm
by MrMiyagi
uempel wrote:Looks as though 14:00 pm signal was a dud - bye guys, I'm off for the weekend.
What were you expecting signal-wise?
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:20 pm
by soku
uempel wrote:Looks as though 14:00 pm signal was a dud - bye guys, I'm off for the weekend.
i think we may still get something this afternoon. why not just watch for another 1.5 hrs
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:27 pm
by MrMiyagi
Market action as of late;
POP one way or the other.... grind grind grind flat flat flat POP POP grind flat grind grind bore grind flat POP POP grind flat flat flat POP CLOSE!
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:30 pm
by TraderGirl
spx...5 minute...
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:33 pm
by victorm
MrMiyagi wrote:Market action as of late;
POP one way or the other.... grind grind grind flat flat flat POP POP grind flat grind grind bore grind flat POP POP grind flat flat flat POP CLOSE!
love your interpretation
Cobra, that's the update you need to adapt
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:34 pm
by btran874
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:34 pm
by TraderGirl
aapl...
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:36 pm
by TraderGirl
spx..
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:38 pm
by Cobra
good, pullback as I expected, now another volume surge, let's wait. By the way, if you like my intraday call, not bad so far today (and most times), please vote and follow me here, I need your stimulus package, thanks.
http://stockcharts.com/public/1684859/tenpp
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:38 pm
by soku
i think i saw some stop orders around 1390. not sure north or south, not sure if there is any impact. i guess it may be the line bulls are going to defend. maybe this afternoon will not be as excited as i thought.
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:40 pm
by CarlosDK
What is your upside targets before we top Cobra? on SPX?
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:43 pm
by Petsamo
IWM is refusing to drop
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:44 pm
by MrMiyagi
Petsamo wrote:IWM is refusing to drop
Even with all the damn p-bars, son of a beeeee...
Re: 04/27/2012 Live Update
Posted: Fri Apr 27, 2012 2:46 pm
by Petsamo
MrMiyagi wrote:Petsamo wrote:IWM is refusing to drop
Even with all the damn p-bars, son of a beeeee...
I'm seeing a lot of red sell bars. Maybe it's the plunge protection team at work