04/26/2012 Live Update

[SigmaEcho]

New highs on SPX but not on momentum, will at least pause...
GDP numbers out tomorrow, wonder if that will cause the pullback...

Looks like 5 wave up from 1359 low.
1: 1358-1375
2: 1375-1366
3: 1366-1391
4: 1391-1385
5: 1385-1402

All w1. Possible w2 tomorrow > .618 retr = 1375
?

[Tek33]

AMZN after hours, keep that in mind and Job(less) report tomorrow.

I believe thats next week?

AMZN tonight, jobs next week? My mistake then.

Tomorrow, Q1 GDP will be released too.

[btran874]

New highs on SPX but not on momentum, will at least pause...
GDP numbers out tomorrow, wonder if that will cause the pullback...

Looks like 5 wave up from 1359 low.
1: 1358-1375
2: 1375-1366
3: 1366-1391
4: 1391-1385
5: 1385-1402

All w1. Possible w2 tomorrow > .618 retr = 1375
?

If bears can close tomorrow at 1390 then I think I'm very happy to buy there. Asking for 1375 is a little too much.

[TraderGirl]

New highs on SPX but not on momentum, will at least pause...
GDP numbers out tomorrow, wonder if that will cause the pullback...

Looks like 5 wave up from 1359 low.
1: 1358-1375
2: 1375-1366
3: 1366-1391
4: 1391-1385
5: 1385-1402

All w1. Possible w2 tomorrow > .618 retr = 1375
?

Thanks SE, saw some charts showing a low next week around 2nd or 3rd, unemployment claims numbers out on the 3rd next week.

[Cobra]

could be a small H&S top here.

[Carlos]

Big RED bar on the 60 min... Lower tomorrow?

[TraderGirl]

break of momentum on 1 minute...

[Cobra]

text book target.

[TraderGirl]

still holding on the 5 minute, need that to break now....

[Cobra]

well, guess that's it for today. not sure about tomorrow but should be more up in the short term. thank you guys, I'll see you tomorrow.

[victorm]

it's 1400 ... i'm switching TNA to TZA ... maybe early a litle bit ... will see. So good day today... NXT.V able to cash out with 83% profit. Don't know what happened it raise over 60% in a couple hours.

[MrMiyagi]

AMZN beat, up 18$, SBUX sucks, down 3.25$.

[Cobra]

AMZN beat, up 18$, SBUX sucks, down 3.25$.

Why futures drop a lot in AH?

[kaiboliu]

spain down graded.

[Cobra]

spain down graded.

I see, more excuse for QE3 then.

[xfradnex]

aapl- last 13 days had a Open to Low of greater than - 7.00, except for one day, which was -4.66. Will this condition hold, I do not know. GLTA. Thirteen and Friday