Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:04 pm
Yes ,, fehro agree with the move from 1395 to 1416 is a wave 2 up before wave 3 down to 1370 or so next ?
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08/28/2012 Live Update
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Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:04 pm
The put/call ratio also suggested that big guys loading puts for a coming drop in markets.
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:06 pm
break out of resistance on 5 minute??
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:10 pm
I SPY with my little eye something that begins with the letter B.
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:13 pm
After sharp colapse yesterday, today crude oil recovered into a three wave sequence: http://blog.wavetrack.com/crude-oil/
Potentially very bearish configuration if 97.72 hold untouched
Potentially very bearish configuration if 97.72 hold untouched
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:19 pm
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:20 pm
VIXIES update:
No candy for bulls here!
No candy for bulls here!
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:21 pm
nothing to say, goes as planed. now key time for bulls, no failure allowed here.
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:38 pm
Cobra, would a failure be if the SPY goes under 141.55? Thanks.
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:44 pm
goes below 141.28Claire wrote:Cobra, would a failure be if the SPY goes under 141.55? Thanks.
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:51 pm
Or that they are successfully scaring people. I mean common, everyone and their dog now is blogging about the coming drop in equities. I know people who held puts through expiration a couple of times who are short AGAIN.CarlosDK wrote:The put/call ratio also suggested that big guys loading puts for a coming drop in markets.
I can get onboard with a pullback, to scare even more sheep into puts.
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 12:58 pm
UVXY....bear wedge...??
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 1:09 pm
small double top? not good for bulls.
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 1:10 pm
I think we are on the way down to 1370 on SPX based on a 30min toppping head and shoulders pattern.
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 1:11 pm
Cobra - what is the target on SPX if we break 1395 on SPX ?
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 1:15 pm
Three legs to 141.00? Then 1 leg up and resume down?
WILD ass guess
WILD ass guess
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 1:16 pm
Got to leave for the rest of the day..GTTA
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 1:17 pm
TraderGirl wrote:Definitely not today, an eventual target...my charts say up into the next big turn date of Sept 6-8th...Unique wrote:Target seems too large for today, duration?TraderGirl wrote:FAS...??
There's a channel at about 98.4-98.7 for me
There are two turns this week - Weds and Thursday....there is a possibility that we turn up into thurs, then down on Friday, but then I have us up the following week 5-7th timeframe....
Then we could get a sharp pullback around that time into mid Sept...then it gets worse at the end of Sept...very bad...
Interesting, might ^OEX be in the 665-667 area mid-sept., giving a near perfect place to sell
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 1:18 pm
lunch time, will be back. I'm neutral now, but I think bulls need pray that this is not a double top.
Re: 08/28/2012 Live Update
Posted: Tue Aug 28, 2012 1:20 pm
still fighting possible channel line