04/23/2013 Live Update

[Out of Bounds]

home numbers came good! more upside is possible...may be 1585 or new high!

And yet Richmond FED got shellacked: http://www.richmondfed.org/research/reg ... _23_13.pdf

[Cobra]

One caution for the bulls..The BPNYSE have been going dn slightly while the mkt has been up..This is a negative.

BPNYA is EOD only, how you get the realtime data?

Actually, the only thing suspicious is TRIN above 1. But still in the end the price rules.

[Unique]

SPY, right shoulder with fast and furious setup. Should be an easy fade on confirmation.

If you don't know what fast and furious is then too bad

[Unique]

Going against VIXies rarely pays off
Enjoy the bull ride

Welcome back, I thought you got pissed off and left forever

[L_T]

SPY, right shoulder with fast and furious setup. Should be an easy fade on confirmation.

If you don't know what fast and furious is then too bad

A bad movie with Vin Diesel?

[Out of Bounds]

A bad movie with Vin Diesel?

[shaca]

is this the top of the right shoulder on spx?
TICK MA7 it's negative, no accumulation?

[KENA]

One caution for the bulls..The BPNYSE have been going dn slightly while the mkt has been up..This is a negative.

BPNYA is EOD only, how you get the realtime data?

I do not have real time data..EOD by Dorsey Wright P & F..The last few days of up mkt the BP in the red.I take this as a negative.

[Mr. BachNut]

A little short. Trapped.
Order executed overnight.
I like the price but it may stop out. Otherwise I'll evaluate end of day.

My composite trend signal is down.
My summation index signal turned up for the R2K with this morning's breakout but needs another up close or two to switch for the SPX.

If this rise from the lows is corrective in a downtrend, the climb from here should be limited.
Otherwise, bears are done again.
The action this morning is moving my signals to mixed.
So, I'll have to see how things unfold and adjust.

[uempel]

Quite remarkable break to the upside here. As Cobra likes to say, it might have legs

[Cobra]

One caution for the bulls..The BPNYSE have been going dn slightly while the mkt has been up..This is a negative.

BPNYA is EOD only, how you get the realtime data?

I do not have real time data..EOD by Dorsey Wright P & F..The last few days of up mkt the BP in the red.I take this as a negative.

I see. thanks.

[johnnywa]

Waiting now for daily chart to run its course as 2 hour is still moving up and others are embedd at top,as per yesterdays post

[Cobra]

still fighting resistance. still think if no rest here a breakout most likely would be head fake.

[Unique]

still fighting resistance. still think if no rest here a breakout most likely would be head fake.

Consolidation is good for bulls

[uempel]

Update of the 5min. Note that resistance here doesn't necessarily suggest a reversal. The chart with the red cycle which I posted an hour ago is more significant than this 5min.

[Cobra]

still fighting resistance. still think if no rest here a breakout most likely would be head fake.

Consolidation is good for bulls

yes, need at least a consolidation here. so far not bad.

[Unique]

We got plenty of room for this bull still, it is a BTFD until reversal candle confirmation, follow the trend baby

[stlwater]

Often in these higher low and lower high scenarios the target is the low/high of the topping/bottoming candle, in this case, SPY 158.54 in the daily time frame. The algo bots may want to hit the hourly time frame which would be 159.25. I think Mr. Miyagi's Pbars might agree. It's certainly an uncomfortable ride when you're weighted short.

[Out of Bounds]

Painfully closed my shorts.

[L_T]

R A N G E