Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:24 pm
The IH&S neckline is broken right?
Market could collapse.
Market could collapse.
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06/21/2012 Live Update
Page 8 of 11
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:26 pm
A PM and miner smack down!!!!
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:30 pm
I think it is safe to say that the overbought condition has been cleared. 
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:33 pm
Fack, I got stopped outUnique wrote:Excellent price to buy the dip on SPY here. ES and SPY on significant support. 20%+ gain for SPY weeklies potential.
SPY bouncing on 132.8 channel support now..
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:38 pm
Are you saying that you think that this is the end to the pull back??? As far as I can see this is just the beginning....TWT wrote:SPX: The internal structure of the current pullback is corrective
We could have a bounce beginning of next week, but more down ahead....IMHO....
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:39 pm
only 60% chances if indeed MDD.SigmaEcho wrote:Cobra wrote:nothing to say, the very 1st rebound should be still likely to fail.
2day MDD? tomorrow green?
usually green day gets up to 60% chances everyday, so 60% is a random number.
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:40 pm
very close to strong support area now.
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:41 pm
I agree but next week could have window dressing..TraderGirl wrote:Are you saying that you think that this is the end to the pull back??? As far as I can see this is just the beginning....TWT wrote:SPX: The internal structure of the current pullback is corrective
We could have a bounce beginning of next week, but more down ahead....IMHO....
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:41 pm
POWER HOUR major shoe returning session or what?
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:42 pm
Tnx. Looking forward to market outlook.Cobra wrote:only 60% chances if indeed MDD.SigmaEcho wrote:Cobra wrote:nothing to say, the very 1st rebound should be still likely to fail.
2day MDD? tomorrow green?
usually green day gets up to 60% chances everyday, so 60% is a random number.
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:54 pm
still the rebound is more likely to fail.
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 2:56 pm
twitter down again.
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 3:00 pm
Daily charts of IWM and SPY do not show a buying opportunity, more like the beginning of another leg down in my newbie opinion
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 3:04 pm
Cobra, is Gold down trend confirmed today? time to cut loss for the DGP trade? Thanks.
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 3:04 pm
guys, if you like my live update, more stimulus package please. Vote for me, thanks! http://stockcharts.com/public/1684859/tenpp
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 3:08 pm
not good looking today. The portfolio official stop loss isn't hit yet though.Orange wrote:Cobra, is Gold down trend confirmed today? time to cut loss for the DGP trade? Thanks.
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 3:09 pm
also check tonight's portfolio update, should be some actions assume we close right here.Orange wrote:Cobra, is Gold down trend confirmed today? time to cut loss for the DGP trade? Thanks.
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 3:11 pm
hopefully this is the final test of the day low.
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 3:13 pm
Is that a bullish falling wedge on your chart???
Re: 06/21/2012 Live Update
Posted: Thu Jun 21, 2012 3:14 pm
Why did EWP bounce ?
Because we got great news for the Spanish Banks: they can now collateralize radioactive guano with the EU benediction!
Because we got great news for the Spanish Banks: they can now collateralize radioactive guano with the EU benediction!