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11/06/2012 Live Update

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Cobra
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11/06/2012 Live Update

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Small gap up, along yesterday's high, no sure if the gap will be filled or not.

Until the price decisively breaks above the blue line above the chart is bearish biased because it can be seen as the 2nd test of the rebound high therefore any failure would mean the top was in. Also the price is already overlapping.
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Cobra
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Re: 11/06/2012 Live Update

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Re: 11/06/2012 Live Update

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text book target on gold double top was fulfilled. judging by the recent rebound, I still see more downside risks.
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Re: 11/06/2012 Live Update

Post by Cobra »

oil chart still is bearish biased.
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Cobra
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Re: 11/06/2012 Live Update

Post by Cobra »

if euro simply consolidates here instead of a sharp rebound then this is a double top.
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Al_Dente
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Re: 11/06/2012 Live Update

Post by Al_Dente »

15 day percentage performance
Note semis in grey
116semis.png
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Cobra
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Re: 11/06/2012 Live Update

Post by Cobra »

DAX looks not bad.
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Re: 11/06/2012 Live Update

Post by Al_Dente »

Cobra wrote:text book target on gold double top was fulfilled. judging by the recent rebound, I still see more downside risks.
COBIE: thanks for the pre-market update on gold, oil
i like that :mrgreen:
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ClarkW
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Re: 11/06/2012 Live Update

Post by ClarkW »

Al_Dente wrote:
Cobra wrote:text book target on gold double top was fulfilled. judging by the recent rebound, I still see more downside risks.
COBIE: thanks for the pre-market update on gold, oil
i like that :mrgreen:
I SECOND THAT! Thanks!
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Cobra
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Re: 11/06/2012 Live Update

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ClarkW wrote:
Al_Dente wrote:
Cobra wrote:text book target on gold double top was fulfilled. judging by the recent rebound, I still see more downside risks.
COBIE: thanks for the pre-market update on gold, oil
i like that :mrgreen:
I SECOND THAT! Thanks!
Thanks. I have plan to add more on the public chart list, by the way.

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Re: 11/06/2012 Live Update

Post by Cobra »

the open.
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Al_Dente
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Re: 11/06/2012 Live Update

Post by Al_Dente »

check the bad news on INTC
something about aapl wont use their chips (??? double check please)
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TraderJoe
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Re: 11/06/2012 Live Update

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Al_Dente wrote:check the bad news on INTC
something about aapl wont use their chips (??? double check please)
They said that would be FAR off... If ever...
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Petsamo
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Re: 11/06/2012 Live Update

Post by Petsamo »

So unfair, WLT gave bad earnings and they're not dumping it. Image
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TraderJoe
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Re: 11/06/2012 Live Update

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Petsamo wrote:So unfair, WLT gave bad earnings and they're not dumping it. Image
I think it's pretty beat down already???
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Re: 11/06/2012 Live Update

Post by Petsamo »

TraderJoe wrote:
Petsamo wrote:So unfair, WLT gave bad earnings and they're not dumping it. Image
I think it's pretty beat down already???
Yea, you could say all the bad news was priced in.
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noob
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Re: 11/06/2012 Live Update

Post by noob »

Cobra wrote:text book target on gold double top was fulfilled. judging by the recent rebound, I still see more downside risks.
I think largely depends on who wins tonight. If Romney wins definitely.
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Re: 11/06/2012 Live Update

Post by TraderJoe »

Petsamo wrote:
TraderJoe wrote:
Petsamo wrote:So unfair, WLT gave bad earnings and they're not dumping it. Image
I think it's pretty beat down already???
Yea, you could say all the bad news was priced in.
I didn't look but if I recall, it's down like 50% in the past 6 months or so???
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Petsamo
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Re: 11/06/2012 Live Update

Post by Petsamo »

TraderJoe wrote:
Petsamo wrote:
TraderJoe wrote:
Petsamo wrote:So unfair, WLT gave bad earnings and they're not dumping it. Image
I think it's pretty beat down already???
Yea, you could say all the bad news was priced in.
I didn't look but if I recall, it's down like 50% in the past 6 months or so???
50% is nothing. On AMD & MCP, I have to look at the 3 month chart.
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Al_Dente
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Re: 11/06/2012 Live Update

Post by Al_Dente »

best green candle of the day (so far)
UGAZ
5 min
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