07/12/2012 Live Update

[SB73]

gap fill seems inevitable...thanks to all those who so religiously post charts

[MrMiyagi]

Bullish hammer on SPX, nice recovery from day's lows.

[Cobra]

now all targets have been met. but I still didn't recover all I've lost on the bear side this morning, so some bailout package please, vote for me: http://stockcharts.com/public/1684859

[SWalsh]

Do bonds tend to top after stocks? (since I think a rally here is going to complete a pattern):

[Al_Dente]

This will explain it..Now chopy up or just plain up..Lets wait and see.

spx1min71212.png

U 'DA MAN, BOSS

[ballatines]

retest day low? popcorn pls !

[TraderGirl]

If you look at both DJI and SPX you can see that the SPX has been attempting to close above the wedge support, but the DJI has closed below...if SPX closes below this support today, it looks like it could be bearish..that level is around 1334ish..

Both have downside MACD crosses on the daily....

[soku]

This will explain it..Now chopy up or just plain up..Lets wait and see.

spx1min71212.png

U 'DA MAN, BOSS

wow boss is doing wave count on 1 min now? what's the pull back target? long or short?

[CH37]

market will go down to fulfill the beneath gap.
I wont buy any dip until beneath gap fulfilled, I only do th swing trade, not DT...
before Aug OE, SPX might hit 1300

[Cobra]

support. NORMALLY should be at least another push up. Let's see.

[Unique]

Potential, but low probability..

20EMA on 5min must hold for both to have any significant chances

Gap fill, both AAPL and SPY, 604 and 134.3 respectively.

AAPL reached gap line faster, first touch gap is always a short.

Cover area, 1min 100SMA...

[Al_Dente]

NYDEC 1999
TRIN 1.4
Says the bears may not be finished quite yet
Let’s see how spy handles her 20ma

[KENA]

This will explain it..Now chopy up or just plain up..Lets wait and see.

spx1min71212.png

U 'DA MAN, BOSS

wow boss is doing wave count on 1 min now? what's the pull back target? long or short?

Long I hope.

[Petsamo]

FCX has a perfect-looking air horn

[fehro]

wedge retest??

[Cobra]

typical pullback target. bulls, please pray here.

DogPrayingBuddhistTemple.jpg (47.16 KiB) Viewed 3587 times

[KENA]

We have to start going up or the last of the dome will be void.

[Tabby]

mmmmmmmm.... lime greeeeeeen........

I think you had a p bar in SPY $139.4 in your back pucket few days ago. Maybe the next step is 139.4 .

[knock]

typical pullback target. bulls, please pray here.

1.png

DogPrayingBuddhistTemple.jpg

cobra, what's the target after pullback? it seems a typical bull flag?

[Al_Dente]

This will explain it..Now chopy up or just plain up..Lets wait and see.

spx1min71212.png

U 'DA MAN, BOSS

wow boss is doing wave count on 1 min now? what's the pull back target? long or short?

Long I hope.

she's going to try another sqz here maybe..............just like u and cobra told her to