08/06/2014 Live Update

[grandeG]

I'm surprised we didn't fill that gaping hole this morning that exists from May 27. It seemed it was there for the taking. Maybe this afternoon?

[gappy]

Capture.PNG

[oldpigwang]

Spy block sell still building up. -$160 now.

[Royal Flush]

IWM bounced off of trend line from 7/1 at 12 noon EST.

[MrMiyagi]

Spy block sell still building up. -$160 now.

SPY is now red, if it stays so then it will be off the list next sweep of the radar.

[ALdaytrade]

If we get down to 1913ish to match August 5th, 1913 would that be an inverse head and shoulders?

If, so there will be a nice rip tomorrow.

[Mark]

It seems that we are going to play the same game as we had yesterday afternoon. "Russian troop build up on border"

[jack black]

I combined the indices AND the sectors into one RRG
In theory (not always in reality) they should progress in a clockwise manner
So I think it’s great for visual folks like us, where you can:
1) custom-dial the past (# of weeks)
2) see the present (dots), and
3) divine the “hypothetical future” (clockwise movement)
Well, two out of three hard stats ain’t bad

8_6rrg combined_png.png

The animation blew my mind!

http://stockcharts.com/freecharts/rrg/

Thanks for the link. Great toy to play with.

[Cobra]

rebound weak, selling might not over yet.

[ALdaytrade]

I'm surprised we didn't fill that gaping hole this morning that exists from May 27. It seemed it was there for the taking. Maybe this afternoon?

You mean at 1900? May 26th?

[KENA]

just look at that 2 min spy dome. Bears hope for a full dome completion.

[gappy]

It seems that we are going to play the same game as we had yesterday afternoon. "Russian troop build up on border"

Callin the close: 192.34. Anybody else?

[brucekeller]

just look at that 2 min spy dome. Bears hope for a full dome completion.

Higher lows initiated.

[Out of Bounds]

Waiting for those green arrows.

[Cobra]

double bottom or not, break blue line above to confirm.

[gappy]

Capture.PNG

[Cobra]

double bottom breakout. tinted area the target.

[MrMiyagi]

?

[Mark]

It seems that we had an SPY P-Bar at 9:50 AM , 191.36. Is it right?

Same time, there seems to be a p-bar for Dia

[L_T]

Maybe IWM (daily) will move up to the 20 / 200 MA area 113.xx?