06/06/2013 Live Update

[jademann]

UVXY 10 for 1 reverse split AH tomorrow..

[Cobra]

testing day high. it's the 3rd test, so bulls have chances. a consolidation before breakout is even better.

[knock]

UVXY 10 for 1 reverse split AH tomorrow..

so that it can go down more?

[jademann]

UVXY 10 for 1 reverse split AH tomorrow..

so that it can go down more?

thats what they were created for.

[Unique]

Keep at it Until it fails

Hmm would like to see 1617 break for an easier two way intraday ride back to 1623-1625 instead this time..maybe that would be the perfect V shape scenario. Hourly engulfing bar looks pretty well so far..

[Out of Bounds]

Out - neutral. Done for the day

[Tabby]

Hourly MACD 12,26,9 of R2K turned to positive. Currently reading 0.072.Let's hope it goes higher.

[MrMiyagi]

!!!!!!!! POWER HOUR !!!!!!!!

[BullBear52x]

Hourly MACD 12,26,9 of R2K turned to positive. Currently reading 0.072.Let's hope it goes higher.

Bottom is possible, intraday is moving into buy the dip zone on SPY also.

[Cobra]

breakout as expected. let's see if bulls could hold the line. this bull shall have legs.

[BullBear52x]

Intraday now buy the dip

Swing still on sell

from it is what it is dept.

[1der]

!!!!!!!! POWER HOUR !!!!!!!!

I think Green was the color for today

[nasta]

Looks like 3 pushes down & trend channel line overshoot
Now at ema 20 resistance

[TraderGirl]

It would be interesting if price fell through supports the next few days rather than bounce...wouldn't that throw everyone off??

[tkvprasad]

Hourly MACD 12,26,9 of R2K turned to positive. Currently reading 0.072.Let's hope it goes higher.

Bottom is possible, intraday is moving into buy the dip zone on SPY also.

Gap up tomorrow?

Long SPY with with a tight stop below, 160.94

[BullBear52x]

It would be interesting if price fell through supports the next few days rather than bounce...wouldn't that throw everyone off??

buy until it fails, once it fails it will be hard fall. anyone counter trend with no stop is asking for trouble. $VIX daily is very scary to hold long over night that's all I got to say. inday buy the dip if it comes, not overnight swing.

[tkvprasad]

breakout as expected. let's see if bulls could hold the line. this bull shall have legs.

Bear flag pattern may be ?

[BullBear52x]

Hourly MACD 12,26,9 of R2K turned to positive. Currently reading 0.072.Let's hope it goes higher.

Bottom is possible, intraday is moving into buy the dip zone on SPY also.

Gap up tomorrow?

Long SPY with with a tight stop below, 160.94

no buy trigger just yet, be careful.

[Cobra]

so far held well, not bad.

[Tabby]

Hourly MACD 12,26,9 of R2K turned to positive. Currently reading 0.072.Let's hope it goes higher.

Bottom is possible, intraday is moving into buy the dip zone on SPY also.

If we finish 5 waves from here (1013 to1044-1075), then we are done with major 3 of primary 3 starting in June 2012. Then we should get ready for Major 4 of primary 3. R2K gets very tricky during reconstitution.

Below 899 isn't good means above wave count not valid, I'll be buying kidneys.