02/01/2013 Live Update

[BullBear52x]

IHS, I saw it, mentioned it once, don't think it will hit the target,but......I will not say that it won't now

Thanks BB, what's would be the count for IHS target? TIA!

no wave count just standard measurement from last zig zag or the neck line will be 155.12 155.12 Oyea, but if everything goes by the book we all be on the beach some where not here.

[Cobra]

no hard evidence, the feeling is might see pullback somewhere here, then we'll see.

[MrMiyagi]

[TraderGirl]

Interesting article by stock trader's almanac....

http://blog.stocktradersalmanac.com/pos ... PY-QQQ-IWM

[Al_Dente]

SPY made a new hi
XIV did not (it did not beat its 29 Jan hi, nor its 24 Jan hi)

[silicon_beaver]

VIX crashes. TA indicators not signal "Top" yet.

(I was thinking Top had been already in)

[BullBear52x]

IHS, I saw it, mentioned it once, don't think it will hit the target,but......I will not say that it won't now

SPX PnF target since 16 Nov 2012 1,547.69, then 1740:

http://stockcharts.com/webcgi/Pnf.asp?S ... =A&B=1&N=C

http://stockcharts.com/webcgi/Pnf.asp?S=$SPX

Too many people still looking to trade the top...

great charts, Nice! same target in all TA aspects, well, the market will either go there or not at all. or went right through it as it always do.

[Hattrick]

Hi Cobra, can you take a look at FB? Double top? Thanks.

no hard evidence, the feeling is might see pullback somewhere here, then we'll see.

[uempel]

Boring market, so I've been watching correclation SPX/futures closely: As soon as SPX goes down a pip or two the futures rise a wee bit. Looks as though the big guys are navigating the rally with futures

[Cobra]

pullback indeed, but it'd be better if it could be a little bit larger.

[silicon_beaver]

Not easy to post a pic or photo. Have to save 1st then upload.
Many webs can "copy & paste".

[Cobra]

Hi Cobra, can you take a look at FB? Double top? Thanks.

no hard evidence, the feeling is might see pullback somewhere here, then we'll see.

Close, but need breakdown to confirm.

[Tabby]

520.png

Do you see any P bar for BUD, EXPE Please?

[Cobra]

Not easy to post a pic or photo. Have to save 1st then upload.
Many webs can "copy & paste".

copy & paste actually copied link, so eventually the image won't be there. you have to use upload in order for the image to be forever there.

[MrMiyagi]

Not easy to post a pic or photo. Have to save 1st then upload.
Many webs can "copy & paste".

In the old days, I had to walk though 5 feet of snow with no shoes to post a picture on a telegraph pole. Seems today's issues are quite trivial..

[Nage]

Not easy to post a pic or photo. Have to save 1st then upload.
Many webs can "copy & paste".

In the old days, I had to walk though 5 feet of snow with no shoes to post a picture on a telegraph pole. Seems today's issues are quite trivial..

yes, I was trying to post a picture the other day, but could not figure out.
so I gave up.
for me it might be easier to walk 5 feet on snow.

[uempel]

Sorry Heck, but these automatized P&F targets are always wrong. P&Fs are great for support/resistance, but these automatized targets never make sense. I've been following them since the initiation of stockcharts. Most important message from P&F at the moment is support 1472 and resistance 1560ish...

IHS, I saw it, mentioned it once, don't think it will hit the target,but......I will not say that it won't now

SPX PnF target since 16 Nov 2012 1,547.69, then 1740:

http://stockcharts.com/webcgi/Pnf.asp?S ... =A&B=1&N=C

http://stockcharts.com/webcgi/Pnf.asp?S=$SPX

Too many people still looking to trade the top...

great charts, Nice! same target in all TA aspects, well, the market will either go there or not at all. or went right through it as it always do.

[Nrsimha]

Hi everyone,

For what it's worth, I have been running my software on RUI -- it appears to be overbought on a
monthly basis and I am predicting a pullback to at least 800, possibly 790.

[Unique]

Not easy to post a pic or photo. Have to save 1st then upload.
Many webs can "copy & paste".

In the old days, I had to walk though 5 feet of snow with no shoes to post a picture on a telegraph pole. Seems today's issues are quite trivial..

First world problems

[silicon_beaver]

15-min chart SPY
To tank