06/20/2012 Live Update

[TraderGirl]

TG if you will have a time can you please post your dollar chart? I found this ?P-bar? this morning and I don´t like it

Also TraderGirl, please post your chart of NUGT with the Bear Flag and if you have time, post your target if it broke the flag. Thanks again!!

All I can say is that if this is a potential abc wave structure and we are completing a and headed down for b, then this pattern has had a retrace of 61.8% to 78.6% before heading up into the c wave....

how far we actually retrace...???

[TraderJoe]

WOW, great work, THANKS!!!

[SWalsh]

Thanks TG!


very strange behavior, bonds down - metals down - commodities down - dollar down - indices down - euro up WTF?

Euro looks like a corrective bounce only.

I invite you to look at TLT in 2008 and what it did to stocks.

Benny is in The Liquidity Trap. None of this is going to work, but they will continue to try with High Fascism Trading until they too realize they need to build a massive short.

[OverUnder]

I am gonna guess that volatility usually moves up into a Fed meeting due to the uncertainty.

VIX and futures make unusual moves
http://www.optionmonster.com/news/artic ... 70015.html

[Cobra]

small double bottom here? Not sure. tinted area the target.

[cougar]

VIX gave an early and timid BUY signal.
Confirmation => when it crosses 19.99!
Sounds like WS price? Ha-ha!
Charts at closing: Friday and yesterday

Thanks cougar great chart...as always!

Thanx KeiZai!
Here is GLD: unable to successfully break above the "Technical Reg. Channel" ... gapping down inside it and ready to fill an almost forgotten gap!
Ready for it...if you know what I mean...

[KeiZai]

Thanks TG!


very strange behavior, bonds down - metals down - commodities down - dollar down - indices down - euro up WTF?

Euro looks like a corrective bounce only.

I invite you to look at TLT in 2008 and what it did to stocks.

Benny is in The Liquidity Trap. None of this is going to work, but they will continue to try with High Fascism Trading until they too realize they need to build a massive short.

your TLT chart is welcome, go on

[OverUnder]

XLF financial ETF very strong consolidation.

[KeiZai]

Dr.AL just in case you don´t have link already : http://www.c-spanvideo.org/schedule
channel 3

[CognitiveDissonance]

Channel violations like this used to be pure gold....until they fed this into SKYNET too....HFTs doing some selling. But EXPERTS tell me they don't affect the mkt so I won't post the activity:

I wouldn't mind seeing the activity chart

[soku]

Thanks TG!


very strange behavior, bonds down - metals down - commodities down - dollar down - indices down - euro up WTF?

Euro looks like a corrective bounce only.

I invite you to look at TLT in 2008 and what it did to stocks.

Benny is in The Liquidity Trap. None of this is going to work, but they will continue to try with High Fascism Trading until they too realize they need to build a massive short.

it's jpy pulling all currency up. my stop detector says major stop 79.55

[Al_Dente]

fresh news
oil inventories up

[Al_Dente]

Dr.AL just in case you don´t have link already : http://www.c-spanvideo.org/schedule
channel 3

thx key

[TraderGirl]

Interesting chart on Gld miners....wondering about a lower low rather than retrace...???

http://smartvolume.wordpress.com/

[soku]

VIX gave an early and timid BUY signal.
Confirmation => when it crosses 19.99!
Sounds like WS price? Ha-ha!
Charts at closing: Friday and yesterday

Thanks cougar great chart...as always!

Thanx KeiZai!
Here is GLD: unable to successfully break above the "Technical Reg. Channel" ... gapping down inside it and ready to fill an almost forgotten gap!
Ready for it...if you know what I mean...

cougar, check RRC for me.
btw how do u like arna? only 40% in 1 week, for now

[OverUnder]

Cheap oil and commodities = massive global stimulus. Check out this CRB commodities index chart. I stopped drawing lines on it a while ago cuz it told me all I needed to know.

fresh news
oil inventories up

[KENA]

Liquidity had a good up tick yesterday to the top of Quad 3 and a higher high over the may 29 tick..Other indicators show improvement. The Dorsey Wright NYSEBP and other BP showed a good increase..All in all things seem to be building a bullish up move.Today we have the Fed so lets see.

[CMT]

VIX gave an early and timid BUY signal.
Confirmation => when it crosses 19.99!
Sounds like WS price? Ha-ha!
Charts at closing: Friday and yesterday

Thanks cougar great chart...as always!

Thanx KeiZai!
Here is GLD: unable to successfully break above the "Technical Reg. Channel" ... gapping down inside it and ready to fill an almost forgotten gap!
Ready for it...if you know what I mean...

cougar, check RRC for me.
btw how do u like arna? only 40% in 1 week, for now

I've been watching ARNA, RSI has been around 90 the past few days which rarely happens. June 27th they are supposed to have America's dream weight loss drug approved by the FDA... classic run up before a nice shorting opportunity... just have to be careful.

[moth]

Tom McClellan on his overbought McClellan Oscillator NYMO
http://www.mcoscillator.com/learning_ce ... scillator/

Great stuff Al. Adds depth to an important indicator.

[Petsamo]

Cheap oil and commodities = massive global stimulus.

The obstacles to cheap oil = Obama & Iran