06/25/2012 Live Update

[SWalsh]

Snakehead...your DAX chart:

[Cobra]

very 1st touch on ema20, let's see if any L2 short around here.

[Al_Dente]

“Volume by price” support (yellow) is weak
We should be able to slice through that and test the 12 June and 8 June lows
…. when this “flag” fails….

[fehro]

highly speculative at this point, H&S? ... some quarter ending window dressing coming to 1340? this week? or next

[SWalsh]

Signal worked fine - but I expected a bounce, no dip.

Read a technical report from CS about the importance of 1310 - for their analyst it's the Rubicon

And we know that in 49 BC Caesar crossed it with one legion and exercised imperium, which was a capital offense, as did the troops that followed his command. But everyone feared him and fled. As he sacked the treasury one man told him it was not his and he said he could kill him in less time than it would take to explain how. He got the treasury. And we can mark that as the point which the republic began to fall. "1310...et tu Brute"?

Dan Carlin (podcast) "Hardcore History" has a great 16 hour audio called "Death Throes of the Republic" that is illuminating. His one on Stalingrad is amazing, if not disturbing.

[Cobra]

the consolidation area we had this morning after OR breakout is resistance now, so key time.

[Al_Dente]

I really want the $TICK (top panel) to be weaker here, for bears

[MrMiyagi]

Might be all the drop for today.....???? Transports bounced off the lower Bollinger Band.
Of course, it could just revert and crash right through..

[snakehead]

Snakehead...your DAX chart:

Thanks, Gary, you rock !

[TraderGirl]

5 minute...

[Cobra]

not sure bulls are about making another miracle again (shouldn't be) but aapl looks like a bear flag therefore the bias is down.

[KeiZai]

Thanks guys I´m done for today...some charts before I go my favorite one aka show me the road chart Higher low? I think it is very likely then bounce or...

CLEAR

BIG

Small

[Al_Dente]

Follow the dollar chart
What?
Get down there u little #$@!&^%+#*%

[MrMiyagi]

More Paranormal activity.

[snakehead]

More Paranormal activity.

That was Mr. T. kicking butts.

[uempel]

I've got a signal for 3:00 pm. A rally into the close or a break of 1310?

I didn't want to play the market today - wanted to leave the city. But I've got a backache and stayed here. Voltaren will ease my pain in a few hours and then I should be able to leave

[Cobra]

revisit the previous low, now no failure allowed for bears anymore, must decisively make a new low.

[Petsamo]

IWM has not dropped much from its open

[TraderGirl]

XIV looks like it's trading in a descending triangle....could have another move down...

[Al_Dente]

12 day performance %... with China in pink