09/04/2012 Live Update

[gappy]

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From Albertarocks.

nice chart and notation Gapup, think this might morph into a bull flag?
thx, joe

No sir, but wdik!

[Mr. T]

Where's Miyagi???

[BullBear52x]

Any idea why IWM not very weak today?

SPY seems a good time for a bounce midday, maybe a retest lows after lunch...does not feel like bears have conviction to plunge it today....

I think it's in trouble too, but no LL just yet.

[rola]

Dax does not look very good!

[gappy]

Dax does not look very good!

I get the feeling a bank fail will beat the QE clock. Spanish maybe. And Greece hasn't gotten any closer to a multi party consensus on their austerity cuts.

[BullBear52x]

Intraday buy tick tick no Ding as I would call it.wait for the buyers to show up here. tick tick tick

[Cobra]

as i said, I don't expect a break at the very first try, so bears best bet here is a small consolidate. let's see.

[joe-gamma]

now seems to be a critical time-intraday....1min spy has 3push down w 3 divergences, if i was a bot or PPT, would buy in in force right now
....waiting for some pithy hopium-slogans from europe...

[BullBear52x]

Buy ding ding ding,

the selling is high this morning so based on my intraday charting this rip will be sold.

[gappy]

Buy ding ding ding,

the selling is high this morning so based on my intraday charting this rip will be sold.

Looks like it already is, NYAD dropping again

[Al_Dente]

30 min

[BullBear52x]

Buy ding ding ding,

the selling is high this morning so based on my intraday charting this rip will be sold.

Looks like it already is, NYAD dropping again

more room to the up side before the sell will tick.

[Cobra]

so far, I don't see strong rebound, but this could change anytime, so nervously watching as day bear I'm now.

[TraderGirl]

This site proposing a turn date for Silver of Sept 6....
It is a similar to the turn on June 21....

http://planetforecaster.blogspot.com/20 ... ptune.html

[Al_Dente]

All relative strength is in RED

[uempel]

I'm not sure about the red signal, but the blue signal at 3:00 pm looks ok.

[Cobra]

this rebound may have legs. by the way, since the target exceed Fib 61.8%, I consider the 2nd target met.

[noob]

so far, I don't see strong rebound, but this could change anytime, so nervously watching as day bear I'm now.

Cobra, no sides this time?

[Cobra]

so far, I don't see strong rebound, but this could change anytime, so nervously watching as day bear I'm now.

Cobra, no sides this time?

day bear for now with breakeven stop loss. 90% chances the breakeven stop loss would hit, so usually I don't hope much.

[uempel]

Lunch for Cobra, but it might be too small