08/06/2012 Live Update

[Unique]

Lol..it looks like a full day of consolidation/short-term bias down day. Puts looking sexy still...haha. Tomorrow should be more fun, fingers crossed. We're on 20EMA 5min right now, so it's a scalp buy, then flat for rest of day is EVIL!

[shaca]

$NYA +0,59
$NYUPV:$NYDNV 2.29

how can this be sustainable?
only levitating

[Al_Dente]

Bulls are just not really fond of spy piercing 20ma on the 5min
I’m just sayin’…. gravity and stuff
INTRADAY ONLY

[EvilTrader]

Lol..it looks like a full day of consolidation/short-term bias down day. Puts looking sexy still...haha. Tomorrow should be more fun, fingers crossed. We're on 20EMA 5min right now, so it's a scalp buy, then flat for rest of day is EVIL!

Hey market, dont you dare to lose that 20EMA 5min OR Willy Coyote moment !

[Cobra]

rectangle top text book target. I'm neutral.

[Harapa]

Few divergences to monitor:
ES hit HH/HOD with reduced momentum.Similarly, RUT futures hit HOD and previous high at a reduced momentum. Also ES shows overbought (third panel) stochastic based setup, which usually coincides with a consolidation or ST correction. There is some hope for the Bears!

[Al_Dente]

Few divergences to monitor:
ES hit HH/HOD with reduced momentum.Similarly, RUT futures hit HOD and previous high at a reduced momentum. Also ES shows overbought (third panel) stochastic based setup, which usually coincides with a consolidation or ST correction. There is some hope for the Bears!

THANKS VERY MUCH HARAPA
I’ll do more work after the close
GL2u

[Cobra]

bullish biased again as it can be seen as Bull Flag or Bullish Falling Wedge.

[Al_Dente]

BIDU shows up on tech screens today as best relative performance
[edit: caveat: the minute i noticed that, it dunked]

[OverUnder]

Hope y'all checking out the QQQs.

[theRASPYone]

I need an opinion on weather this is a legit IHS Inverse Head and Shoulders or am I just having wishful thinking?
Maybe attainable into iphone 5 release? I'm weary of a market mini-crash in coming weeks-months (like last August). Perhaps investor reaction to no QE3?
Is a QE3 possibility priced into market?

[Al_Dente]

I need an opinion on weather this is a legit IHS Inverse Head and Shoulders YES OPINION or am I just having wishful thinking?
Maybe attainable into iphone 5 release? I'm weary of a market mini-crash in coming weeks-months (like last August). Perhaps investor reaction to no QE3?
Is a QE3 possibility priced into market? YES OPINION

Overlay STO 7 or 8 in another color on top of your STO just 4 fun

[Petsamo]

Airlines are taking off, fellas, UAL, DAL, ALK, LUV, etc

[theRASPYone]

Pretty big questions, thanks for reply!

[Cobra]

I need an opinion on weather this is a legit IHS Inverse Head and Shoulders or am I just having wishful thinking?
Maybe attainable into iphone 5 release? I'm weary of a market mini-crash in coming weeks-months (like last August). Perhaps investor reaction to no QE3?
Is a QE3 possibility priced into market?

No. H&S Bottom needs a previous downtrend in order to be valid.

[Al_Dente]

Sometimes NOT ALWAYS yield/bonds show the way……………grain of TNX

[Mr. T]

Volume keeps going down as the day wears on...... must be more to the upside.

[Petsamo]

AMD is in trouble, very oversold

[BullBear52x]

SPY neg D, counter trend season is open, measurement target is almost there.

[OverUnder]

/nq 2700