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04/04/2011 Live Update

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TraderGirl
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Re: 04/04/2011 Live Update

Post by TraderGirl »

Posted the lower chart a week or two ago... There was a turn date for Silver/Dollar around April 4/5th, thought it might be a trough for silver and crest for dollar. Now I am wondering if this lasts into next week...??? Thought we would see a trough in the market by tomorrow....
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uup agq 3 23 forecast.png
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Cobra
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Re: 04/04/2011 Live Update

Post by Cobra »

still 3 cents shy of the target. should be $139.66.
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Cobra
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Re: 04/04/2011 Live Update

Post by Cobra »

target met.
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KENA
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Re: 04/04/2011 Live Update

Post by KENA »

Mkt broke thru 20DMA now bears hold it and go lower.Lets see. :mrgreen:
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Cobra
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Re: 04/04/2011 Live Update

Post by Cobra »

trend line support.
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davegordon14
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Re: 04/04/2011 Live Update

Post by davegordon14 »

Cobra wrote:trend line support.
Bounced right off the trend line. Let's see if it can hold...
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tigerwang9999
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Re: 04/04/2011 Live Update

Post by tigerwang9999 »

Cobra, do you think the short term trend has changed?
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BullBear52x
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Re: 04/04/2011 Live Update

Post by BullBear52x »

139.48 my first target.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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SWalsh
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Re: 04/04/2011 Live Update

Post by SWalsh »

Petsamo wrote:Since the DAX is down a lot, over 2%, maybe a bounce is not far off ?
Not sure about that but you had the prescient comment of the day yesterday:

1:00 pm
Someone has bad news 8-)
"I told you...................bring me everyone"...http://www.youtube.com/watch?v=MrTsuvykUZk
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TraderGirl
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Re: 04/04/2011 Live Update

Post by TraderGirl »

this support line from july of 2010 was broken in Aug of 2011. We then came back up through this broken support on March 13 and have been bouncing off of it ever since. If we go below this line it looks very bearish....
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spx 4 4.png
spx 5 yr 4 4.png
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Harapa
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Re: 04/04/2011 Live Update

Post by Harapa »

A scalping opportunity in hand; Waiting for improvement in RVI and/or True Strength Index.
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KENA
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Re: 04/04/2011 Live Update

Post by KENA »

TraderGirl wrote:this support line from july of 2010 was broken in Aug of 2011. We then came back up through this broken support on March 13 and have been bouncing off of it ever since. If we go below this line it looks very bearish....
This is about the 20 MDA which is major support.
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KeiZai
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Re: 04/04/2011 Live Update

Post by KeiZai »

houston we have a problem DAX broke the trendline
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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Cobra
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Re: 04/04/2011 Live Update

Post by Cobra »

tigerwang9999 wrote:Cobra, do you think the short term trend has changed?
yes, of course.

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TraderGirl
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Re: 04/04/2011 Live Update

Post by TraderGirl »

Yesterday I posted that the /ES looked liked it needed another move down to touch the bottom support of the triangle, now it is trading under that support...
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es 1 hour 4 4.png
ed 4 4.png
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BullBear52x
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Re: 04/04/2011 Live Update

Post by BullBear52x »

The leader
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johnnywa
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Re: 04/04/2011 Live Update

Post by johnnywa »

No bounce yet ,not good 4-3 a high 1419 ? Next date 4-13 could be low
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Petsamo
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Re: 04/04/2011 Live Update

Post by Petsamo »

I'd like to see a lower low after Europe closes in 20 minutes
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TraderGirl
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Re: 04/04/2011 Live Update

Post by TraderGirl »

UCO...
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Harapa
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Re: 04/04/2011 Live Update

Post by Harapa »

Ready, GO!
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