04/12/2013 Live Update

[Out of Bounds]

Sell at resistance here, will see, looking at 1577.68

Good eye.

[BullBear52x]

Sell at resistance here, will see, looking at 1577.68

I'll see your 1577.36 and raise you a 1551.11.

The attachment spx.png is no longer available

another simple way to look at it ?ES here

[ClarkW]

S&P more than 2 standard deviations above it's 50 dma per Bespoke http://www.bespokeinvest.com/thinkbig/2 ... itory.html

[Cobra]

members only update at 10:05 am
http://www.cobrasmarketview.com/2013/04 ... ay-update/

[Unique]

SPY first time hourly 20EMA, looks like a huge scalp buying opp for the bulls. Do not short this, we're at 200sma 5min too. Let's see

[Tabby]

RAD going crazy again. The first level resistance 2.35 from Oct 2009. It went up 2.32 so far. Why am I getting the feeling that they are planning to file bankruptcy soon?

[flrtrader]

Sell at resistance here, will see, looking at 1577.68

I'll see your 1577.36 and raise you a 1551.11.

spx.png

Agreed First target 63 then I thing we see your number. But not wanting to look to far out Im still trying to get good at 3 days!

[Out of Bounds]

Long for a scalp

[gappy]

Sell at resistance here, will see, looking at 1577.68

I'll see your 1577.36 and raise you a 1551.11.

spx.png

another simple way to look at it ?ES here

http://www.youtube.com/watch?v=lFgMbo8a254

[BullBear52x]

SPY first time hourly 20EMA, looks like a huge scalp buying opp for the bulls. Do not short this, we're at 200sma 5min too. Let's see

Do not short this? trade below 1580 that's all I am asking for

[TraderGirl]

JCP finally hit that 13.50 level of support, wonder if it bounces here of support fails...

[jarbo456]

highly speculative...bought GLD calls here with a stop below today's low.

if you remember my chart from last week - GLD is sitting on this major support line. technically it's been broken by like 16 cents, but that's not really significant enough.

[Unique]

SPY first time hourly 20EMA, looks like a huge scalp buying opp for the bulls. Do not short this, we're at 200sma 5min too. Let's see

Do not short this? trade below 1580 that's all I am asking for

First try 20ema 60min bounced, that was a easy scalp...Now let's see second try if so for bears (but i think gap fill?)

[flrtrader]

First try 20ema 60min bounced, that was a easy scalp...Now let's see second try if so for bears (but i think gap fill?) [/quote]


Which one> 1588 or 1563?

[uempel]

This system shows a reversal/accelateration as from April 22nd. I've tested the ellipse for several hours and I consider it to be precise The idea is to play the short side as from a level which is a bit higher than 1600 end of next week.

This really looks like a good opportunity - unless I'm completely wrong

[Unique]

No good bulls, second try 5min 200sma and 60min 20ema...key time :O

[Unique]

highly speculative...bought GLD calls here with a stop below today's low.

if you remember my chart from last week - GLD is sitting on this major support line. technically it's been broken by like 16 cents, but that's not really significant enough.

Third try at major support line on daily with a bearish pattern, bulls ain't looking pretty

[jademann]

doesnt SPY chart now look like head and shoulders or??

[Out of Bounds]

highly speculative...bought GLD calls here with a stop below today's low.

if you remember my chart from last week - GLD is sitting on this major support line. technically it's been broken by like 16 cents, but that's not really significant enough.

Third try at major support line on daily with a bearish pattern, bulls ain't looking pretty

Wait.

[jarbo456]

highly speculative...bought GLD calls here with a stop below today's low.

if you remember my chart from last week - GLD is sitting on this major support line. technically it's been broken by like 16 cents, but that's not really significant enough.

Third try at major support line on daily with a bearish pattern, bulls ain't looking pretty

I agree.

I'm using it as a partial hedge on my equity longs.

I'm also playing support, bullish divergence, and close enough to the P&F objective.