04/16/2012 Live Update

[BullBear52x]

/ES Fib fan support

[Cobra]

100% Measured Move target almost reached. so far the current rebound looks like a bear flag.

[TraderGirl]

spx...??

[SWalsh]

SPX: Follow up of short term EWP

That's what I was looking at for a 1.00 SPY drop but missed. Prior to these damn HFTs (and I'll have an audio link today or tomorrow about a large investigation that is breaking by the FBI that has hired some former HFT traders) have a C wave in time that brief in relationship to A (except in a triangle) would be almost unseen. And as a reminder to anyone looking at EW, B waves are almost never fast and spike-like in fashion. The "c" wave, as I have here, as a component in degree of a B wave is fine, but B waves drawn fast are often changed soon after.

Still, this possibility exists which means more subdivision before lower. As Rod Sterling would say, "Submitted for your approval".

[uempel]

60 min cycle suggests last week top at 1388 was a short term top... I'm not sure, because I get all kinds of confusing information out of my charts. But one thing I know for sure, the daily SPX chart suggests a big move tomorrow Tuesday . Don't know nothing about the direction

[TraderGirl]

60 min cycle suggests last week top at 1388 was a short term top... I'm not sure, because I get all kinds of confusing information out of my charts. But one thing I know for sure, the daily SPX chart suggests a big move tomorrow Tuesday . Don't know nothing about the direction

3.png

DOWN....

[BullBear52x]

Are you FASing? sell spot on /ES now.

[KeiZai]

SQUEEZE UPDATE

I think we are getting close to go (10y US notes)...tomorrows spanish bond auction will be trigger?

Copper on the way...trendline backtest and goodbye kiss?

[Me XMan]

Looking like SPX going 1300

[TraderGirl]

1340..??

[BullBear52x]

SQUEEZE UPDATE

I think we are getting close to go (10y US notes)...tomorrows spanish bond auction will be trigger?

The attachment tn10m2.png is no longer available

The attachment TN10m.png is no longer available

Copper on the way...trendline backtest and goodbye kiss?

The attachment CopperS1.png is no longer available

The attachment CopperS2.png is no longer available

Nice I wonder about Copper also, breaks out and now look like a failed 3.35?

[KeiZai]

SQUEEZE UPDATE

I think we are getting close to go (10y US notes)...tomorrows spanish bond auction will be trigger?

tn10m2.png

TN10m.png

Copper on the way...trendline backtest and goodbye kiss?

CopperS1.png

CopperS2.png

Nice I wonder about Copper also, breaks out and now look like a failed 3.35?

Yes, Definitely!

[uempel]

Careful guys, I notice that all of you are bearish and that ain't a bearish indicator

[uempel]

Careful guys, I notice that all of you are bearish and that ain't a bearish indicator

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That was an old chart, here a more recent update:

[BullBear52x]

Careful guys, I notice that all of you are bearish and that ain't a bearish indicator

The attachment 4.png is no longer available

Yes, too bearish is not good look at the leader, run away gap?

[stucap]

i see a little ascending triangle on the ES 5-minute. bears need to keep AAPL down or else they are screwed. (sorry for being so pessimistic about the bear side --- been hurt too often for too long trying to short this beast)

[Cobra]

still looks like a bear flag.

[MrMiyagi]

Yes, too bearish is not good look at the leader, run away gap?

I don't see that gap on my charts.

[uempel]

Here the daily chart which suggests a strong move tomorrow. I don't believe today's action is going to be interesting and I'll check back before the close... And by the way, I'm hungry

[stucap]

i see a little ascending triangle on the ES 5-minute. bears need to keep AAPL down or else they are screwed. (sorry for being so pessimistic about the bear side --- been hurt too often for too long trying to short this beast)

yeah that didn't work --- go back to listening to cobra.