08/09/2012 Live Update

[TradingJackal]

Paging KENA:

Can you share the institutional accumulation distribution chart.

Thanks

[cosmos]

nothing to say. looks like another range day today.

cobra

does another range day help the bear or bull case? thanks

[KENA]

As long as the green stays above the blue the mkt is up..This is the 5min dailey and can change fast but it does give you the short term trend.

file.png (3.61 KiB) Viewed 3440 times

[Al_Dente]

MORE NEW STOCKCHARTS

New page gives quickie TA alerts (coming soon is the ability to customize them)
http://stockcharts.com/freecharts/alertsummary.html
That page is found from >home , then on the right side in the “links” box >Predefined Technical Alerts

[BullBear52x]

GM,
this is it.

SSO

[Al_Dente]

The game I played yesterday called “Guess the H&S Before a Neckline Break” on the ST Renko has been busted by the bulls

[quientuves]

3 legs-up in 5min and 1min SP ??
Now the 3rd?

[Xian]

Anyone have any thoughts on AAPL at EOD? Seems the MASSIVE call buying for the Div would reverse at end of day as traders close out their positions. Resulting in end of day weakness?

[SB73]

Bulls had to try the overnight high. Looks to me like bears may make a run at hte lows. Short with a stop at HOD and a small target at LOD. Cmon bears.

[johnnywa]

The game I played yesterday called “Guess the H&S Before a Neckline Break” on the ST Renko has been busted by the bulls

89renko.png

Al,whats your top target??

[noob]

X is breaking out, the squeeze is on.

[fehro]

SPX 15m triangle?

[rc1269]

Mr. Miyagi - we had a brief discussion last month about the 50/200 cross. If you recall:
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Re: 07/26/2012 Live Update
rc1269 wrote:

Mr. Miyagi- in relation to the 50/200 cross on the Monthly chart, check out March of 1978. Very similar multi-year setup and they nearly crossed. But instead they just kissed and the market took off on a new bull run.

Re: 07/26/2012 Live Update
Mr. Miyagi wrote
Of course that can happen as well, you are correct in that.
In face of economic situations though, what is the most likely scenario? I don't know either and that is why I believe old Bernank is saving his few QE bullets left for a break below 1200 at least.
---

I'm looking at the monthly 50/200 now and it looks to my like they're setting up for the "just kiss"' scenario, similar to 1978. Would be extremely bullish. Do you have any updated thoughts on this? Just curious if when you look at it you still expect them to cross down.

cheers

[Al_Dente]

PAGING HARAPA
I added $ONE:$VXN and QQQ to our/your chart to see if and when they correspond or not
All agree at the moment; I have to study yr new additional stuff tonight
THANKS

[quientuves]

3rd leg finished, now 2 legs-down??

[OverUnder]

On my futures chart it's more well defined as an ascending triangle. So we got that goin for us, which is nice.

SPX 15m triangle?

[Al_Dente]

TLT supports bull spy at the mom

[Out of Bounds]

Short at 140.76 - now fully short on all fronts. If I'm wrong, i'm wrong. Going against the fed is always a losing position - but is the fed really on the other side? I don't know. Low interest rates are one thing, QE is another.

[KENA]

Mkt info FYI..The SPY,NDX,NYA remain with ticks above the BB.The last 3 times this happened we had a pull back on day 3..Today is day 3..The pull backs lasted 3 days for 2 and 4 days for the other. Now lets see what happens today.

[BullBear52x]

My intraday entering BUY the dip zone. Wow! well, it is what it is...next dip I will have to buy.