Re: 05/24/2012 Live Update
Posted: Thu May 24, 2012 12:58 pm
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)
The Intraday US Stock Market Discussion Board
http://bbs.cobrasmarketview.com/
TraderGirl wrote:NUGT attempted to get above 200dma and break out of channel, failed so far...
In my opinion for the short term it looks bullish. Corrective countertrend bounce that should have more upside in the cardssnakehead wrote:TraderGirl wrote: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.
TgirlTraderGirl wrote:That's why I like her, she's a leader Dow dropped 40 pts. after I posted....Al_Dente wrote:TraderBubba...Looks like she’s leading down today….so far...TraderGirl wrote:XIV barely hanging on here, needs to reverse up very soon, or we fall here.....
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....
Interesting take:snakehead wrote:Al_Dente wrote:TraderBubbaTraderGirl wrote:XIV barely hanging on here, needs to reverse up very soon, or we fall here.....
Looks like she’s leading down today….so far
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.
Who u calling "noodle"BullBear52x wrote: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
Ya then shoot umMrMiyagi wrote:Cancel Power Hour.
Cancel Summer.
Cancel Christmas.
Line up the dissidents against the wall.
Looks like 5 waves to me. Could also be a nested 1-2-1-2 setup.TWT wrote:SPX: Failure to achieve a fiver. Then still sideways. Maybe a Triangle
Locked and loaded, last chance....KENA wrote: Ya then shoot um
I am having noodle for lunch,lunch time, pay attention to c wave. hope 5dma hold or ......Al_Dente wrote:Who u calling "noodle"BullBear52x wrote: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
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....snakehead wrote:TraderGirl wrote: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.
TraderGirl wrote: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....snakehead wrote:TraderGirl wrote: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.
Cut it outBullBear52x wrote:I am having noodle for lunch,lunch time, pay attention to c wave. hope 5dma hold or ......Al_Dente wrote:Who u calling "noodle"BullBear52x wrote: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
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.KENA wrote: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