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Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 11:18 am
by 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!

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 11:20 am
by shaca
$NYA +0,59
$NYUPV:$NYDNV 2.29

how can this be sustainable? :?
only levitating

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 11:21 am
by Al_Dente
Bulls are just not really fond of spy piercing 20ma on the 5min
I’m just sayin’…. gravity and stuff
INTRADAY ONLY

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 11:26 am
by EvilTrader
Unique wrote: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 ! :lol: :lol: :lol: :lol: :lol:

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 11:31 am
by Cobra
rectangle top text book target. I'm neutral.

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 11:40 am
by 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!

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 11:51 am
by Al_Dente
Harapa wrote: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 :mrgreen:
I’ll do more work after the close
GL2u :mrgreen:

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 11:54 am
by Cobra
bullish biased again as it can be seen as Bull Flag or Bullish Falling Wedge.

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 11:56 am
by Al_Dente
BIDU shows up on tech screens today as best relative performance
[edit: caveat: the minute i noticed that, it dunked]

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 11:59 am
by OverUnder
Hope y'all checking out the QQQs.

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 12:01 pm
by 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?

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 12:12 pm
by Al_Dente
theRASPYone wrote: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

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 12:15 pm
by Petsamo
Airlines are taking off, fellas, UAL, DAL, ALK, LUV, etc

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 12:16 pm
by theRASPYone
Pretty big questions, thanks for reply!

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 12:17 pm
by Cobra
theRASPYone wrote: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.

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 12:33 pm
by Al_Dente
Sometimes NOT ALWAYS yield/bonds show the way……………grain of TNX
86yield.png

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 12:33 pm
by Mr. T
Volume keeps going down as the day wears on...... must be more to the upside.

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 12:37 pm
by Petsamo
AMD is in trouble, very oversold

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 12:46 pm
by BullBear52x
SPY neg D, counter trend season is open, measurement target is almost there.

Re: 08/06/2012 Live Update

Posted: Mon Aug 06, 2012 12:50 pm
by OverUnder
/nq 2700