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09/04/2013 Live Update
Harapa VIXies SPY Setup
Went to buy near the close of yesterday.
The entry was also supported by the hourly setup that I posted yesterday. Here is an updated chart. Price needs to overcome multiple residences before Bulls can declare a victory.
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
Re: 09/04/2013 Live Update
This "looks" like a decent double bottom. The trouble is, we have had so many V bottoms, that people have forgotten what W's look like!Al_Dente wrote:Thanks mr rightrhight wrote:I think this is the handle, expand to 6 or 7 days. What we need is a handle to the handle and then a high volume breakout, IHMO. That could turn the minor trend. Until then, UPV is slow to gather.Al_Dente wrote:Double top and gap resistance
Looks like a cup awaiting a handle ?
I know u'd like a big punch, or solid exhaustion followed by a big punch, but INTRADAY, 2.7-to-1 up/dn volume is respectable for bulls ….. at the moment…….
That said, looking back at big tops over the past few years, price may not have long to live if it does manage to get above the the 20/50 DMA cross. And so, there could be a big short squeeze here, just to keep things interesting.
Last edited by rhight on Wed Sep 04, 2013 11:52 am, edited 1 time in total.
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
Usually trade SSO / SDS
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BullBear52x
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Re: 09/04/2013 Live Update
are we there yet?
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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Daniel-David
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Re: 09/04/2013 Live Update
All aboard the breakout train..?
SPY, QQQ clear short-term b-out scenario, possible target SPY as stated earlier? (20day/50day MAs)
Only fly in bullish ointment is IWM, XLI, XLB, KRE have not yet broken above yest highs.
SPY, QQQ clear short-term b-out scenario, possible target SPY as stated earlier? (20day/50day MAs)
Only fly in bullish ointment is IWM, XLI, XLB, KRE have not yet broken above yest highs.
Re: 09/04/2013 Live Update
a few gaps.. some we are into.. some sitting on/below.. and transports lagging
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BullBear52x
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Re: 09/04/2013 Live Update
$SPX:$VIX suggest time to short/take profit on SPX, but $RUT:$RVX and $NDX:$VXN still got room to the up side, not there yet.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Re: 09/04/2013 Live Update
rhight wrote: ................... And so, there could be a big short squeeze here, just to keep things interesting.
I like those ps the gap is officially closed
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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TraderGirl
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Re: 09/04/2013 Live Update
If TLT about to move up...then Oil could pull back...they have been trading inversely...so short Oil buy treasuries?
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TraderGirl
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Re: 09/04/2013 Live Update
Does anyone know about the Fed releasing minutes today at 2pm?
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TraderGirl
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Re:
Maybe it's Fed minutes..can't find a link...MrMiyagi wrote:Kerry speaking again? Another drop coming...
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BullBear52x
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Re:
MrMiyagi wrote:Kerry speaking again? Another drop coming...
I hope they use the line in the sand rather than a red lineMy comments are for entertainment/educational purpose only. NOT a trade advice.
Re: Re:
yes..... otherwise.... http://fullcomment.nationalpost.com/201 ... and-syria/BullBear52x wrote:MrMiyagi wrote:Kerry speaking again? Another drop coming...
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BlackThought
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Re: 09/04/2013 Live Update
Vxx holding strong..