08/28/2013 Live Update

[jademann]

thinking of buying XIV at 23.5 if it gets there..

I think it will get there. I'm waiting for 17.

I meant for a day trade. I was too cheap today so it went up without me.

[Al_Dente]

nyadv 1700 bull bias but still a chop/range day
random internals observation:

[TWT]

$SPX: A wave (B) bounce should be underway

[Cobra]

100% mm met. since bulls are able to make 100% mm, so this rebound may have another leg.

[Mr. BachNut]

Possible targets for down trend.
I particularly like the lower Keltner band at 1594 as tagging the band remains unfinished business from the June low.
Lowest target is rising bottoms line from October '11 low.
We are already at the top target and note the McClellan Oscillator...grumbles...a trip back to the middle band/declining tops line cannot be ruled out.

[jademann]

Possible targets for down trend.
I particularly like the lower Keltner band at 1594 as tagging the band remains unfinished business from the June low.
Lowest target is rising bottoms line from October '11 low.
We are already at the top target and note the McClellan Oscillator...grumbles...a trip back to the middle band/declining tops line cannot be ruled out.

Downtrend Targets.jpg

Thanks MR B that was excellent analysis.

[L_T]

nyadv 1700 bull bias but still a chop/range day
random internals observation:

828internals_png.png

Call me lazy but I like when you annotate the charts so it's even easier to interpret.

[TraderGirl]

nyadv 1700 bull bias but still a chop/range day
random internals observation:

828internals_png.png

Nice chart Al...

[KeiZai]

R2K: EDIT: I mean Bears not bulls have defended level they should pretty well, decline is still corrective but looks like it could be 2xzigzag

O: viewtopic.php?f=2&t=1038&p=140103#p140103

DAX: finally there is/was rectangle breakdown, likely more to come

[TraderGirl]

intraday charts indicate we could see intraday weakness, then late stage rally....

[Al_Dente]

nyadv 1700 bull bias but still a chop/range day
random internals observation:

The attachment 828internals_png.png is no longer available

Call me lazy but I like when you annotate the charts so it's even easier to interpret.

Here’s yr fave COLOR chart, I added cumulative tick (black line on top tick panel), testing

[Al_Dente]

nyadv 1700 bull bias but still a chop/range day
random internals observation:

828internals_png.png

Nice chart Al...

thx boss
right back at ya: nice bounce call yesterday

[Harapa]

is now in cash.

YTD return of this setup using SSO/SDS is ~27%

[BullBear52x]

intraday = sell the rip

[Al_Dente]

STALE two hours ago
Pending home sales came in red
-1.3% on estimates of -0.5%

[TraderGirl]

nyadv 1700 bull bias but still a chop/range day
random internals observation:

The attachment 828internals_png.png is no longer available

Nice chart Al...

thx boss
right back at ya: nice bounce call yesterday

thanks now potential this is wave "a"...

[Cobra]

this rebound may still have legs.

[jademann]

Flat still. I am looking for a retest of VIX=15.5 before next move.

[Al_Dente]

thanks now potential this is wave "a"...

So does that mean down now or down at “a” 164.50

I’m going with 165-ish where we may double top and fail to fill the gap
[thanks to TWT’s 11:21am chart]

[BullBear52x]

eyes' candy