05/24/2012 Live Update

[TraderGirl]

Just after I posted, broke out of channel, but could be finishing a wave 5...?? (Bulls need to hope it is a wave 5 and not a C wave down)

[MrMiyagi]

From yesterday, referencing the day before, looks like we won't make it.

[snakehead]

NUGT attempted to get above 200dma and break out of channel, failed so far...

TraderGirl:
Someone just pointed this chart out to me what do u think?:



Holding on to my NUGT as long as GDX can hold 44.

[snakehead]

Oooooooooooops !! eur/usd just took a dive.
News??

[TWT]

NUGT attempted to get above 200dma and break out of channel, failed so far...

TraderGirl:
Someone just pointed this chart out to me what do u think?:



Holding on to my NUGT as long as GDX can hold 44.

In my opinion for the short term it looks bullish. Corrective countertrend bounce that should have more upside in the cards

[TraderGirl]

This looks like an indecisive situation...could have one more leg down to confirm triangle pattern....

[Al_Dente]

XIV barely hanging on here, needs to reverse up very soon, or we fall here.....

TraderBubba...Looks like she’s leading down today….so far...

524xiv.png

That's why I like her, she's a leader Dow dropped 40 pts. after I posted....
Check out FXE, desperately needs to hold here, but looks like a bear flag. I would say she has some powerful control over the markets right now, we are sitting at the edge of a cliff....

Tgirl
FXE = UDN
not really but VERY similar
based on the theory that everything in life eventually shows up in the USD $$

Luv u
http://www.youtube.com/watch?v=J8hjEYTpwE8

[snakehead]

XIV barely hanging on here, needs to reverse up very soon, or we fall here.....

TraderBubba
Looks like she’s leading down today….so far

524xiv.png

To me this suggests that the bears are becoming less afraid of a rip-your-face-off rally (short squeeze), XIV being
(IMO) a hedge for aggressive bearish bets.

Interesting take:

http://www.zerohedge.com/news/here-what ... dex-saying

[Al_Dente]

7 min. to go, if hourly (most likely) bar of Keikin Ashi stay red, this triangle chart pattern will play out, that is continuation of a down trend. bulls or bears can use some noodle some times

Who u calling "noodle"

[KENA]

Cancel Power Hour.
Cancel Summer.
Cancel Christmas.
Line up the dissidents against the wall.

Ya then shoot um

[agunther]

SPX: Failure to achieve a fiver. Then still sideways. Maybe a Triangle

Looks like 5 waves to me. Could also be a nested 1-2-1-2 setup.

[MrMiyagi]

Ya then shoot um

Locked and loaded, last chance....

[snakehead]

Gold just went red.

[BullBear52x]

7 min. to go, if hourly (most likely) bar of Keikin Ashi stay red, this triangle chart pattern will play out, that is continuation of a down trend. bulls or bears can use some noodle some times

Who u calling "noodle"

I am having noodle for lunch,lunch time, pay attention to c wave. hope 5dma hold or ......

[TraderGirl]

NUGT attempted to get above 200dma and break out of channel, failed so far...

TraderGirl:
Someone just pointed this chart out to me what do u think?:



Holding on to my NUGT as long as GDX can hold 44.

I posted this chart this morning as a potential support for DUST, today it reacted at this first support line. Stochastics say it is also oversold and previous corrections in DUST say it attempts to make another high before it goes lower. Astro's say potential negative day tomorrow for Gold. So I am not sure where it will go from here, but it looks like NUGT has the potential to pull back....??? My two cents....

[BullBear52x]

AAPL bird view. I am a gap believer.

[snakehead]

NUGT attempted to get above 200dma and break out of channel, failed so far...

TraderGirl:
Someone just pointed this chart out to me what do u think?:



Holding on to my NUGT as long as GDX can hold 44.

I posted this chart this morning as a potential support for DUST, today it reacted at this first support line. Stochastics say it is also oversold and previous corrections in DUST say it attempts to make another high before it goes lower. Astro's say potential negative day tomorrow for Gold. So I am not sure where it will go from here, but it looks like NUGT has the potential to pull back....??? My two cents....

Thnx !!

[KENA]

A little slow right now.Picked a few TZA to try to make things just a little more interesting.Don't know yet but may hold as a swing trade

[Al_Dente]

7 min. to go, if hourly (most likely) bar of Keikin Ashi stay red, this triangle chart pattern will play out, that is continuation of a down trend. bulls or bears can use some noodle some times

Who u calling "noodle"

I am having noodle for lunch,lunch time, pay attention to c wave. hope 5dma hold or ......

Cut it out
U know I can’t count
(EW)
I just try my best to watch what TWT is counting
His charts are very pure and deceptively “simple”
Unlike yours which have all that other shite all over the place

[MrMiyagi]

A little slow right now.Picked a few TZA to try to make things just a little more interesting.Don't know yet but may hold as a swing trade

Picked up a coupla hunnert yesterday at a bit higher than here, I am quite certain that a huge downturn is around the corner a few blocks away.