01/10/2013 Live Update

[TraderGirl]

Commercials are net short and Bullish sentiment at extremes...

[Daniel-David]

Euro up almost 1.5% today. Climactic Exhaustion move or initiation?

The Euro has been in waiting mode for days, and when the ECB did NOT cut interest rates it provoked a large relief rally. Whether it sustains into a breakout move is doubtful, since most "relief" moves tend to settle back and retest.

[TraderGirl]

Tomorrow is a turn day....

[KeiZai]

BB long scalp NG? tricky but I feel big squeeze is coming (scalp only...short DGAZ?)

I look at UNG every day, not a bad looking I see Pos D and a trade above 17.83 like right now is good entry, or wait for the next dip but must trade > 17.83 (\NG = 3.12)

For swing I would like to see close above 3.30 until then just scalping, have an order hope will be filled

[uempel]

I showed this chart to my lady recently: her friends are buying gold, and she's a bit panicky because we don't have any long positions on gold nor bullion itself

The attachment 58.png is no longer available

PS: This is a smart chart, whoever copies it should add: © uempel

You may find this an interesting add on to your analysis.
viewtopic.php?f=2&t=786&p=112315&sid=79 ... cb#p112315

Thanks Harapa. I've heard of that indicator, don't know anything about it.

Here an au Credit Suisse momentum chart from Jan 7th: check the blue lines on the weekly and daily down below.

[Al_Dente]

My TNA 5m renko is trying to go full-on sell… at double top
There is a gap (not on this chart) that wants to be filled starting at 86 IWM
But maybe not yet

Tell me if and when this happens

30 min IWM
Was strong but neg diverg on testing highs
Gap is the grey box
Bottom panels: even the dollar and bonds are trying to cooperate w equity bulls…….

[JFR]

If you are bored I wrote up something for newbee at my corner.

Thanks for sharing that information.

No problem, You are not the shark are you, now you see my hand

LOL ... Nah ...

Not quite like poker here. The table is too big, too many players, too many different games going on all at once.

Finding this forum to be full of people generous with their information. Much appreciated.

There is value in the collective experience, eyes and wisdom.

[Cobra]

members only update at 1:46 pm about AAPL
http://www.cobrasmarketview.com/2013/01 ... ay-update/

[Al_Dente]

Commercials are net short and Bullish sentiment at extremes...

thanks TG those r good ones

[Cobra]

the bias is up.

[joeynickels]

Both the small cap RUT and mid cap 400 HIT NEW ALL-TIME HIGHS yesterday
oy

$TRAN on the move up again walking the upper BB on daily. Only 63 away from all time high.

[TraderGirl]

Commercials are net short and Bullish sentiment at extremes...

thanks TG those r good ones

Your welcome....peace out!! going to have some coffee with the girls!! )

[gappy]

BB long scalp NG? tricky but I feel big squeeze is coming (scalp only...short DGAZ?)

I look at UNG every day, not a bad looking I see Pos D and a trade above 17.83 like right now is good entry, or wait for the next dip but must trade > 17.83 (\NG = 3.12)

For swing I would like to see close above 3.30 until then just scalping, have an order hope will be filled

dgaz.png

In DSLV @ 25.61. Silver break 31 and hold? I bet not.

[Jupiter]

BB long scalp NG? tricky but I feel big squeeze is coming (scalp only...short DGAZ?)

I look at UNG every day, not a bad looking I see Pos D and a trade above 17.83 like right now is good entry, or wait for the next dip but must trade > 17.83 (\NG = 3.12)

Thanks KeiZai... what would be the upside target on UNG? TIA!

[fehro]

http://www.aaii.com/sentimentsurvey/sent_results

[Al_Dente]

members only update at 1:46 pm about AAPL
http://www.cobrasmarketview.com/2013/01 ... ay-update/

Thanks Chief
You’ve got the eye

eye of cobra.png (403.88 KiB) Viewed 3018 times

[KeiZai]

BB long scalp NG? tricky but I feel big squeeze is coming (scalp only...short DGAZ?)

I look at UNG every day, not a bad looking I see Pos D and a trade above 17.83 like right now is good entry, or wait for the next dip but must trade > 17.83 (\NG = 3.12)

For swing I would like to see close above 3.30 until then just scalping, have an order hope will be filled

dgaz.png

In DSLV @ 25.61. Silver break 31 and hold? I bet not.

Same as gold in my eyes small push-up likely to 31.05 - 31.10 then we will see but I think is going for last new lows afterwards...this move looks corrective so far

[Cobra]

indeed up, now the next target is today's high. no failure allowed for bulls from now on.

[gappy]

BB long scalp NG? tricky but I feel big squeeze is coming (scalp only...short DGAZ?)

I look at UNG every day, not a bad looking I see Pos D and a trade above 17.83 like right now is good entry, or wait for the next dip but must trade > 17.83 (\NG = 3.12)

For swing I would like to see close above 3.30 until then just scalping, have an order hope will be filled

dgaz.png

In DSLV @ 25.61. Silver break 31 and hold? I bet not.

Same as gold in my eyes small push-up likely to 31.05 - 31.10 then we will see but I think is going for last new lows afterwards...this move looks corrective so far

Scalp talkin made me show my hand. Plus Bullard is always good for a handle or so. But this pop gives the indicators a chance to firm up, so the very tight stop is called for. I do not encourage 3x etf's, only for mad dogs and englishmen. http://www.youtube.com/watch?v=ga9oBogL2V4

[KeiZai]

BB long scalp NG? tricky but I feel big squeeze is coming (scalp only...short DGAZ?)

I look at UNG every day, not a bad looking I see Pos D and a trade above 17.83 like right now is good entry, or wait for the next dip but must trade > 17.83 (\NG = 3.12)

Thanks KeiZai... what would be the upside target on UNG? TIA!

Hi jupiter, depends what the structure will be, if it is abc then measured move is 3.28 in NG (wedge resistance as well)...sorry I don´t trade UNG so try to check if there is upper line same as here