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Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 9:45 am
by Cobra
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 9:46 am
by Cobra
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 9:48 am
by gappy
TraderGirl wrote:I don't know what Apple will do, I think it looks like others can't decide either, could also be trading in a triangle...
ERX ouch! Nice call yesterday Tradergirl.
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 9:48 am
by TraderGirl
spx was trading in a channel, but broke out of that channel this morning...
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 9:49 am
by Al_Dente
Watch note:
See 23 april, similar gap down
All internals conspired then to BTFD and push spy up
That is NOT happening yet today… too early
(Also, add APPL on your overlays if you can, as it LED DOWN yest)
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 9:49 am
by Cobra
aapl might have already completed 3 push down, now 2 leg up.
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 9:49 am
by TraderGirl
what news is coming out later today, factory orders?
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 9:54 am
by TraderGirl
gap up wrote:TraderGirl wrote:I don't know what Apple will do, I think it looks like others can't decide either, could also be trading in a triangle...
ERX ouch! Nice call yesterday Tradergirl.
I still think they have the potential for one more leg up to attempt to reach that trend line....
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 9:57 am
by uempel
Check 10:00 am

Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 10:03 am
by TraderGirl
While market heading down, VIX heading down too...??? We could be in a B wave triangle...??
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 10:05 am
by Al_Dente
uempel wrote:Check 10:00 am

3.png
I show factory orders met forcast(?), now what boss?
Internals bear
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =260018308
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 10:05 am
by KENA
Liquidity still had up tick yesterday and is in the high range..The H&S on the VIX is shaping up so this is good news for the Bears.Chart by Stocktiming.
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 10:07 am
by MrMiyagi
The 6 p-bars from SPY yesterday were met by Venkman this morning.
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 10:07 am
by Cobra
yesterday's low as support. wait.
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 10:07 am
by gappy
uempel wrote:Check 10:00 am

3.png
M/M orders; consensus -1.6% actual -1.5% = SPY 3 million share sell off.
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 10:08 am
by rpccharts
FTSE Make or BREAK

Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 10:08 am
by KENA
CNBC just said they came in worse thn expected.

Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 10:09 am
by TraderGirl
spx..???
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 10:16 am
by BullBear52x
138.8?
Re: 05/02/2012 Live Update
Posted: Wed May 02, 2012 10:20 am
by BullBear52x
Yellow lines