08/08/2012 Live Update

[Cobra]

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Small gap down below yesterday's low, so not sure if the gap will be filled or not.

For Global ES, as long as the pullback does not go below the blue line, it's bullish. Let's see.

[TradingJackal]

That 139.29 p-bar (spy) is still open, no?

139.69$ from today and 139.29$ from yesterday along with 136.64$ from Friday.

We are at 139.69 right now pre-open.

[rpccharts]

This market has been run up on AIR - BEWARE.

[EFA]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks!

If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday: http://stockcharts.com/public/1684859, thanks!


Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, please subscribe my daily newsletter services. Thanks.

Also personal attack on any board members won't be tolerated. Please limit your topic to trade related only. Thanks.


Small gap down below yesterday's low, so not sure if the gap will be filled or not.

For Global ES, as long as the pullback does not go below the blue line, it's bullish. Let's see.

Good Morning, Cobra!
Where is everybody? Are they scared for what Richard Fisher said?

[Al_Dente]

Hi EFA
can you link us to Fisher?
Thx

[Cobra]

the open.

[Unique]

viewtopic.php?f=2&t=636&p=88962#p88962



Looks like Scenario 3 is playing out, gap down and follow through. (Have to give bulls one more chance)

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks!

If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday: http://stockcharts.com/public/1684859, thanks!


Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, please subscribe my daily newsletter services. Thanks.

Also personal attack on any board members won't be tolerated. Please limit your topic to trade related only. Thanks.


Small gap down below yesterday's low, so not sure if the gap will be filled or not.

For Global ES, as long as the pullback does not go below the blue line, it's bullish. Let's see.

Good Morning, Cobra!
Where is everybody? Are they scared for what Richard Fisher said?

I think now people here become smarter, they wait after OR before appearing. Really, if you don't trade 5 min OR then the first 30 min doesn't worth watching. My very first trade would definitely after 30 min OR.

[Cobra]

as usual, my first reflection is bulls will try to fill the gap. let's see.

[Cobra]

here they go, very strong start.

[Al_Dente]

STOCKCHARTS NEW TOYS ALERT…All just went live, plus more

Coppick Curve
Ease of Movement (EMV)
Know Sure Thing (KST)
Mass Index
Negative Volume Index (NVI)
True Strength Index (TSI)
Ulcer Index
Vortex Indicator
Honey Badger Indicator (HB)

[Okay the Badger is fake, but all the rest are real. Please post any great results u may have with these.]

[EFA]

Hi EFA
can you link us to Fisher?
Thx

Yes, Cobra! here is the link:

http://www.bloomberg.com/news/2012-08-0 ... ncern.html

The bottom line is one that you, Master, already knew before Fisher spoke:...."The S&P 500 is in a “make-or-break situation” that will probably lead to either large gains or losses for the benchmark U.S. stocks gauge, according to technical analysts at UBS AG".
Have a great day!

[OverUnder]

Zzzzzzzzoooooooommmmmm

[Al_Dente]

TRIN at the moment is 0.53 but can change quickly
Here’s TRIN and inverted trin 10 days

[su_root]

Hi,

What is the "best instrument" to follow money & volume flow on $VIX or $VXO?

br,
Chris

[Unique]

viewtopic.php?f=2&t=636&p=88962#p88962



Looks like Scenario 3 is playing out, gap down and follow through. (Have to give bulls one more chance)

Last chance, before the flush....Let's just hope we don't have a consolidation day today

[johnnywa]

1415 top tomorrow or Friday,than let flush begin

[Cobra]

small double top might be?

[TradingJackal]

Another wolfe wave in the ES futures. Looking Touch of blue line. We may revisit 1400+ today. Ratios are much better on this one (about 127 on both legs).

[Unique]

1415 top tomorrow or Friday,than let flush begin

When making these statements, should clarify if ES / SPX