04/04/2013 Live Update

[Cobra]

well, looks like I missed double top. now already hit the target. I'm neutral here, wait. I think bears are strong this time, I just don't know if bulls want to make another rebound attempt here or not, which would fail anyway.

[Al_Dente]

futures volatility traders are grizzly bears

[toddymc]

blue line is the aussie/yen

The attachment 44audjpy_png.png is no longer available

Holy Shiite!! that is one hell of a spike thanks for pointing that one out Al
Definitely shows possible direction of SPX near term but hopefully not too near(till I sell my puts!
Target area for Vix should we break support here currently @ 1448 ES

[gappy]

sp60min_intra3_apr4.png

Its been a confusing few weeks, but the last few days have given clarity. The market is putting in at least a mid-term top..and we're now starting a 4-6 week down cycle across April..and into May. There is multiple support for this, not least in the commodities market.....Permabear Doomster http://permabeardoomster.blogspot.com/

[Al_Dente]

blue line is the aussie/yen

The attachment 44audjpy_png.png is no longer available

Holy Shiite!! that is one hell of a spike thanks for pointing that one out Al
Definitely shows possible direction of SPX near term but hopefully not too near(till I sell my puts!
Target area for Vix should we break support here currently @ 1448 ES

Yup
(what is that gap called on EWJ…….island something? Or too early to tell?)

http://www.youtube.com/watch?v=fstxNFdQWZQ

[toddymc]

Holding long from 1548 looking for 1561.50 by 3:00 /es of course

I see how you got your target but note the rejection at resistance plus triangle continuation pattern I'm looking at 1339-42 area first
unless of course we break that trendline 1556.50 area
Got filled SPY puts on that last herky jerk spike!

Thanks, Lot's of shorts I think they wanna shake out ahead of NFP tomorrow.
No feeling good about being long (But)

I'm seeing at least 1443 ES maybe lower on a spike to 1339 ish we'll see-- needs to break 1447.50 decisively..

[Cobra]

on 2nd thought, I'm neutral here. bulls are not over yet.

[heavenskrow]

All I'm seeing are continuation triangles in banks, russel, etc, aapl...
Evil Index does not lie

[toddymc]

Holy Shiite!! that is one hell of a spike thanks for pointing that one out Al
Definitely shows possible direction of SPX near term but hopefully not too near(till I sell my puts!
Target area for Vix should we break support here currently @ 1448 ES [/quote]
Yup
(what is that gap called on EWJ…….island something? Or too early to tell?)

http://www.youtube.com/watch?v=fstxNFdQWZQ
Probabably a precursor to to what SPX will do tomorrow after NFP!
Believe you me I'll be out of these puts and into call most likely by late today/early am Fri

[Al_Dente]

Nyadv 1400
Nydec 1400
Anything can happen, but bias is bear at the moment

[uempel]

My favorite short term targets are 1540ish, 1530ish and 1505...

[Tabby]

Wow,I've never seen Nikkie 225 up almost 800 points in one day.

EWJ, mid to long term short entry. Higher highs may not be that good of a sell.

I bet you Petsmo is happy now.

Happy? //// Trade boss.

Good Old Friend Petsmo, Righty, Anti-Lefty. He had EWJ since it was $9.XX.

[Mr. T]

I'll say it now... just in case I'm not around later

"We're never going down again!!!!"

[Al_Dente]

Bears are just being lazy; that’s not good for bears
nydnv:nyupv = 0.70
(ratio of down volume to up volume isn’t even 1 to 1 yet…. too lazy)

[fehro]

SPX 15m

[MrMiyagi]

I'll say it now... just in case I'm not around later

"We're never going down again!!!!"

We're going sideways!!!!!

[uempel]

Reminder, signal at 2:10 p.m.

[TWT]

$IWM: Is suggesting a consolidation day

[Mr. T]

I'll say it now... just in case I'm not around later

"We're never going down again!!!!"

We're going sideways!!!!!

We're doing the electric slide.... boogey-woogie

[Xian]

Wow,I've never seen Nikkie 225 up almost 800 points in one day.

EWJ, mid to long term short entry. Higher highs may not be that good of a sell.

I bet you Petsmo is happy now.

Happy? //// Trade boss.

Good Old Friend Petsmo, Righty, Anti-Lefty. He had EWJ since it was $9.XX.

God, no! Poor bastard went all-in short after O won the election— Couldn't stop talking about it.

All-in short mid-Nov 2012? BAD MOVE.

He blew up.