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Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:17 pm
by L_T
Cobra nice call on the measured move down. Hope you were short!

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:17 pm
by BullBear52x
you don't have to make money on every turn as long as you don't involve in the wrong side :lol: have a good one all peace I deserve a rest and a cold beer. Peace!

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:19 pm
by TWT
$SPX: So far it could be counted as impulsive

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:21 pm
by Cobra
target met. might see rebound here first the we'll see.

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:23 pm
by ALdaytrade
Buy this dip, maybe!
$VIX is done and will need a longer, faster run to break above the Bollinger Band. (Somewhat like a long jump, event!) :D
$VIX usually runs up to the top of the Bollinger Band and then dips lower prior to the run when the Bollinger Band narrows.
Tomorrow and Friday should be positive, prior to Memorial Day, they show as positive days.

http://stockcharts.com/h-sc/ui?s=$VIX&p ... 6501061455

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:24 pm
by Al_Dente
Cobra wrote:target met. might see rebound here first the we'll see.
KUDOS chief, u nailed that target to the penny (as usual)

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:27 pm
by Cobra

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:28 pm
by Cobra
NORMALLY, this bear should have legs.

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:28 pm
by TWT
$VXX: It should have truncated the wedge

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:29 pm
by quientuves
So we have that "1". Now we have to see if this is a somewhat deep and healthy correction to make it run quite longer... or a small one, previous to a minor hight, previous to an intermediate top.

Right or wrong?

Posted: Wed May 22, 2013 2:31 pm
by MrMiyagi
DUDE!!! WTF??

Image

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:31 pm
by Mr. T
quatzl wrote:We are never going up again. :)
HAHAHAHAHAHH

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:35 pm
by Richarab
MrMiyagi wrote:DUDE!!! WTF??

Image
Now we know where he went for 'lunch'

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:38 pm
by Al_Dente
Next support is 17 May gap (grey)
nydec is now 2200
522gap fill_png.png

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:39 pm
by Richarab
Btw Just exited my shorts at the belt line (as opposed to from my ankles)

+You may read this as much more Down+

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:43 pm
by wayne0708
Hopefully target will be met today.

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:45 pm
by Al_Dente
Positive divergence just starting, 5 min momentum
ALERT for possible bear covering

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:45 pm
by quatzl
Where is champix?

FESX actually made a higher high before collapsing, but the chart looks more intact than ES.

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:45 pm
by Mr. BachNut
I haven't posted in awhile as I have been traveling.
Also, there has been nothing but up, up, up.

In any case, I got a down signal for the S&P on my Summation Index study yesterday.
It became tradeable this afternoon with the break of yesterday's lows.

As all bear setups fail nowadays, I post this as info only... :lol:
SNP Summ.jpg

Re: 05/22/2013 Live Update

Posted: Wed May 22, 2013 2:48 pm
by wayne0708
Al_Dente wrote:Positive divergence just starting, 5 min momentum
ALERT for possible bear covering
you must be bull today :)