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05/28/2013 Live Update

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Cobra
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05/28/2013 Live Update

Post by Cobra »

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Possible Double Bottom on the Global ES, 100% text book target 1677.75. Also 100% Measured Move target at 1666.25.
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Cobra
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Re: 05/28/2013 Live Update

Post by Cobra »

the weekly stock picks are here: viewtopic.php?f=10&t=934&p=131574#p131574

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Cobra
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Re: 05/28/2013 Live Update

Post by Cobra »


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Harapa
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VIXies Know!

Post by Harapa »

Happy Trading :D
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Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
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Al_Dente
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Re: 05/28/2013 Live Update

Post by Al_Dente »

S&P/Case-Shiller House Price Index beat at 10.9% (forcast was 10.2%) yoy
And the mom (month on month) beat also at 1.4% (forcast was 0.7%)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 05/28/2013 Live Update

Post by Al_Dente »

Ned Davis Research
“Across-the-Board Credit Improvement”
528 ned davis_png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 05/28/2013 Live Update

Post by Cobra »

it's a little bit too extended on the upside so consolidation or pullback is needed here.
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Cobra
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Re: 05/28/2013 Live Update

Post by Cobra »


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TWT
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Re: 05/28/2013 Live Update

Post by TWT »

$SPX: Short term count (ZZ up)
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Al_Dente
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Re: 05/28/2013 Live Update

Post by Al_Dente »

Richmond Manufacturing Index missed at -2% (forcast was +2%)
Dallas Fed Mfg reports at 10:30 ET
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
daytradingES
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Re: 05/28/2013 Live Update

Post by daytradingES »

TWT wrote:$SPX: Short term count (ZZ up)
If the c makes low ... and then you say above the black trendline.
and then front-runner option
I'm confused - yes I know easily done. :D

Could you rephase in dummy speak please,e.g
It looks like it will go to 1676 and if it peaks there and falls to less than x, I think its going to y.

Thanks.
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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TWT
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Re: 05/28/2013 Live Update

Post by TWT »

$NDX: Two potential options: ZZ or Triangle
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TWT
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Re: 05/28/2013 Live Update

Post by TWT »

daytradingES wrote:
TWT wrote:$SPX: Short term count (ZZ up)
If the c makes low ... and then you say above the black trendline.
and then front-runner option
I'm confused - yes I know easily done. :D

Could you rephase in dummy speak please,e.g
It looks like it will go to 1676 and if it peaks there and falls to less than x, I think its going to y.

Thanks.
If the following assumed wave (C) down establishes a higher low then price could be forming a contracting pattern = Triangle
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Cobra
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Re: 05/28/2013 Live Update

Post by Cobra »

this pullback probably needs H2 to long.
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daytradingES
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Re: 05/28/2013 Live Update

Post by daytradingES »

TWT wrote:
daytradingES wrote:
TWT wrote:$SPX: Short term count (ZZ up)
If the c makes low ... and then you say above the black trendline.
and then front-runner option
I'm confused - yes I know easily done. :D

Could you rephase in dummy speak please,e.g
It looks like it will go to 1676 and if it peaks there and falls to less than x, I think its going to y.

Thanks.
If the following assumed wave (C) down establishes a higher low then price could be forming a contracting pattern = Triangle
no numbers?
Educational only and not trading advice (EO&NTA) :)
Good trading to all
uempel
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Re: 05/28/2013 Live Update

Post by uempel »

Resistance up at 1670ish ain't easy to crack... I posted this chart 10 days ago.
777.png
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Cobra
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Re: 05/28/2013 Live Update

Post by Cobra »

I don't like this pullback. now volume surge, let's see if any rebound around here first.
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joegamma
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Re: 05/28/2013 Live Update

Post by joegamma »

iv seems odd, ticking up from open, volume mediocre, wonder if iwm a buy at 9960 or wait for 9938/40
<;)
"It requires, obviously, some luck and some good policy."
joegamma
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Re: 05/28/2013 Live Update

Post by joegamma »

uempel wrote:Resistance up at 1670ish ain't easy to crack... I posted this chart 10 days ago.
777.png
how are your L/T breath measures looking?
seems we are still working on reversal of reversal of reversal....
<;)
"It requires, obviously, some luck and some good policy."
daytradingES
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Re: 05/28/2013 Live Update

Post by daytradingES »

Cobra wrote:I don't like this pullback. now volume surge, let's see if any rebound around here first.
do you think the 1677 ES is still in play or was1672.75 it for a HOD?
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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