09/18/2012 Live Update

[Cobra]

not good, this pullback may have legs. now bulls only hope it could make a higher low.

[Petsamo]

tna.png

Zzzzzzzzzzzz Come on, do something!!!!!

IWM saw my post on SPY's H&S and chose to dump. Did you miss that ?

[Al_Dente]

glance at the gap candles on ZSL
5 MINUTE ONLY

That was one impressive trap, respect to WS boys they are starting to shake out both sides so bigger correction is not too far away

This world is nuts, Russ
EGPT new hi is at the top of my (very narrow) % gainers watch list
OY

[Al_Dente]

PAGING benandlloyd

[TradersF]

tna.png

Zzzzzzzzzzzz Come on, do something!!!!!

IWM saw my post on SPY's H&S and chose to dump. Did you miss that ?

I'm still long TZA @ 13,88 from yesterday. I just like using the TNA chart as a reference

[BullBear52x]

The Bulls I used to know start to hit the music right about here.

[fehro]

bounce near here? make a higher interday high, descending triangle? ... or H&S? not the cleanest pattern. fwiw.

[Petsamo]

tna.png

Zzzzzzzzzzzz Come on, do something!!!!!

IWM saw my post on SPY's H&S and chose to dump. Did you miss that ?

I'm still long TZA @ 13,88 from yesterday. I just like using the TNA chart as a reference

Check out RIMM. That should excite you.

[daytradingES]

2. I am not sure I understand your question...?

I'm thinking of today as being an upside down V (a caret) shaped day - though now it like like a choppy narrow mess
and tomorrow being down and Thursday wide range but lower low.

So if today if a caret one might sell an option at today's high (1460-4 area or 147.3?? )
- I'm not sure about SPY I think in ES.

Your thoughts?
tks

[Cobra]

revisit morning low, key time.

[MrMiyagi]

DIVE DIVE DIVE DIVE please???

[Al_Dente]

the vixies just pizzz me off
note the TNA renko keeps saying this is just a flag up to the downtrending ma (big red circles)

[BullBear52x]

This is funny, everyone knows the bulls got something under his sleeve on top of the rabbit hat and about to pull it out now.

[KeiZai]

I have something similar in DAX and looks that it fits on senor DOW as well (very clear IMO)

here are my 2¢

[dr659]

Possible Double Bottom

[BullBear52x]

Possible Double Bottom

I don't get BUY ticking, DING, or Roll up that I can find.

[TWT]

OIL(CLV12): A Double Zig Zag from the June lows can be considered done if price breaches with an eod print 93.95

[Cobra]

fib info. the rebound is weak.

[MrMiyagi]

Mr. Miyagi,
Does p-bar mean anything on VIX CBOE data?

I don't know! I hope not...

[TraderGirl]

2. I am not sure I understand your question...?

I'm thinking of today as being an upside down V (a caret) shaped day - though now it like like a choppy narrow mess
and tomorrow being down and Thursday wide range but lower low.

So if today if a caret one might sell an option at today's high (1460-4 area or 147.3?? )
- I'm not sure about SPY I think in ES.

Your thoughts?
tks

My charts point to down into the 19/20th, but they can be wrong...Looking at the count, I can see a clear 5 waves down to almost be complete...is my wave count wrong?? could be...but I am playing a possible bounce here rather than shorting at this point...

The fact that we got 5 waves down is bearish...if we should get a lower high on this bounce then shorts make sense....IMHO...