Richarab
Posts: 617 Joined: Thu Sep 22, 2011 12:19 pm
Contact:
Post
by Richarab » Tue Apr 30, 2013 10:17 am
Nice
Sent from my HTC One using Tapatalk 2
Cobra
Site Admin
Posts: 61830 Joined: Sat Feb 12, 2011 10:29 pm
Post
by Cobra » Tue Apr 30, 2013 10:25 am
Like to read more of my commentaries? Please subscribe my Daily Market Report .
Subscribers can find all the members only posts HERE .
StockCharts members, please vote for me HERE , thanks.
Daniel-David
Posts: 363 Joined: Thu May 17, 2012 10:27 am
Post
by Daniel-David » Tue Apr 30, 2013 10:31 am
intraday IWM:SPY ratio holding very bullish so far this morning...
stlwater
Posts: 613 Joined: Fri Nov 04, 2011 2:00 pm
Post
by stlwater » Tue Apr 30, 2013 10:31 am
TWT wrote: $SPX: If the ED is correct price should not breach the trend line
I'm curious. How exactly do you draw that lower trendline? I mean there are no points from which it is based unless it's the inverse of the top trendline?
Daniel-David
Posts: 363 Joined: Thu May 17, 2012 10:27 am
Post
by Daniel-David » Tue Apr 30, 2013 10:34 am
Daily timeframe, IWM and SPY both with successful retests earlier of their upslope 5day MAs
gappy
Posts: 3163 Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx
Post
by gappy » Tue Apr 30, 2013 10:35 am
Recently "they" have allowed the 9ema to roll back over and down to the 25/34. We'll see.
spy.png
That's on the 4 hour.
‘the petrodollar is our currency and our problem’....Gappy
wayne0708
Posts: 815 Joined: Sat Sep 03, 2011 6:37 am
Post
by wayne0708 » Tue Apr 30, 2013 10:39 am
Can we get to the greeen oval area sometime today or tomorrow
Attachments
Cobra
Site Admin
Posts: 61830 Joined: Sat Feb 12, 2011 10:29 pm
Post
by Cobra » Tue Apr 30, 2013 10:39 am
possible double bottom, bears might be over again, as usual (all morning dips were bought aggressively).
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report .
Subscribers can find all the members only posts HERE .
StockCharts members, please vote for me HERE , thanks.
wayne0708
Posts: 815 Joined: Sat Sep 03, 2011 6:37 am
Post
by wayne0708 » Tue Apr 30, 2013 10:43 am
cobra, you are so not optimistic in bears
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
Post
by Out of Bounds » Tue Apr 30, 2013 10:43 am
Cobra wrote: possible double bottom, bears might be over again, as usual (all morning dips were bought aggressively).
That would be unfortunate for me. I am holding hope we have more down.
...
TWT
Posts: 2506 Joined: Wed Nov 16, 2011 6:57 am
Contact:
Post
by TWT » Tue Apr 30, 2013 10:45 am
$SPX: The low of the day could be in place
Attachments
Mr. BachNut
Posts: 2688 Joined: Thu Feb 24, 2011 2:28 pm
Post
by Mr. BachNut » Tue Apr 30, 2013 10:48 am
Neutral.
My composite trend signal is neutral.
My summation index signal is up.
Still watching.
Seems like new highs are on deck but I am not seeing an edge in my signals that is attractive to trade at the moment.
RealMoneyIssues
Posts: 67 Joined: Mon Aug 29, 2011 11:34 am
Location: Virginia, USA
Post
by RealMoneyIssues » Tue Apr 30, 2013 10:51 am
Tue, Apr 30, 2013 Outright Treasury Coupon Purchases 04/30/2017 - 12/31/2017 $4.25 - $5.25 billion
Extra QE today, so any downside (probably have seen all of it today) will probably be limited... ?
Daniel-David
Posts: 363 Joined: Thu May 17, 2012 10:27 am
Post
by Daniel-David » Tue Apr 30, 2013 10:55 am
NYSE intraday A/D ratio steadily improving all morning...
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
Post
by Out of Bounds » Tue Apr 30, 2013 10:57 am
15minute SPY
(easily seen on 5 minute also.
Double head and shoulders.
...
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
Post
by fehro » Tue Apr 30, 2013 10:58 am
guess the H&S from yesterday hit it's target.. SPX 5m and messy 60m
Attachments
Cobra
Site Admin
Posts: 61830 Joined: Sat Feb 12, 2011 10:29 pm
Post
by Cobra » Tue Apr 30, 2013 11:03 am
target met, this bull has legs.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report .
Subscribers can find all the members only posts HERE .
StockCharts members, please vote for me HERE , thanks.
johnnywa
Posts: 1030 Joined: Tue Aug 23, 2011 11:09 am
Post
by johnnywa » Tue Apr 30, 2013 11:07 am
Think we test 1597 once more before a decent short entry.
johnnywa
Posts: 1030 Joined: Tue Aug 23, 2011 11:09 am
Post
by johnnywa » Tue Apr 30, 2013 11:09 am
TWT wrote: $SPX: If the ED is correct price should not breach the trend line
TWT like the game plan here