09/28/2012 Live Update

[Cobra]

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Gap down within yesterday's range, so the gap might be filled.

The Global ES is hard to call, the rebound from yesterday, could be 2 legged but the pullback overnight could be 2 legged too. The only thing I'm a little bit sure is now the price is on support, so may rebound here, also the pullback is way too large, implying what we had since yesterday was just a rebound, not something would bring us to Galaxy far far away, so my wild-est-est-est guess is shown in the chart below.

[Cobra]

DAX maybe a double top confirmed, target 7200 (I won't hope 100% target at 7126).

[Petsamo]

Damn RIMM. Me Xman wanted it above $8. There you have it.

[KeiZai]

Good morning folks, DAX flag played out well one more leg is still missing IMO to 50fib area and then we may see short squeeze (special power hour) as nobody want to hold too many shorts over the weekend (trend killer) + we can count probably with end of month buying as well

may the force be with you

[gappy]

Very Beary 4 into 5.jpg

And rovingambler.

ES-9-28-1-P.png

From ole friend 99er.

[TradersF]

Does anyone see this gap being filled soon ( today Maybe ) ?

[Cobra]

the open. key time, it's at 61.8% level.

[TraderGirl]

spx....

[fehro]

trendlines..

[Mr. T]

Down she goes = where she stops, nobody knows........

What a saggy market (yesterday pun intended).

[fehro]

bounce or pause on blue?

[Cobra]

looks like test yesterday's low is likely.

[stucap]

Copper refuses to go red --- perhaps SPX leads today?

[TWT]

FDAX: Possible count of overall correction

[Cobra]

here's how to measure the target I mentioned in the last night report. again as usual, I don't believe 100% target.

[KENA]

The following Dorsey Wright Bullish points on the P&F charts were in the RED yesterday when the mkt was up.This is not a plus for the mkt,I think it is starting to get a little sick.Anyway here are the 6 areas..NYSEBP..ALL STOCKS BP..OPTION BP..NYSE HI/LOW..OTC HI/LO..WORLD BP.

[stucap]

Copper refuses to go red --- perhaps SPX leads today?

didn't think so. BTFD.

[Cobra]

NORMALLY, this bear has legs.

[ClarkW]

The following Dorsey Wright Bullish points on the P&F charts were in the RED yesterday when the mkt was up.This is not a plus for the mkt,I think it is starting to get a little sick.Anyway here are the 6 areas..NYSEBP..ALL STOCKS BP..OPTION BP..NYSE HI/LOW..OTC HI/LO..WORLD BP.

Where's the charts Kena? Always like seeing the Dorsey Wright charts

[KeiZai]

Silver guys be cautious here, I closed half because momentum is weakening and didn´t make it back to RSI channel

That can change in a second but caution is good here