06/07/2013 Live Update

[Daniel-David]

IWM testing 10day and 20day MAs from below.. ca. 98.10

[Out of Bounds]

Too stretch
I can not buy from here intraday will only be flat to down. most likely flat into the weekend, this could just be another boring day for day trade.

I don't think this will be a range day. I think consolidate here and further trend up this morning. After that I am out

[Cobra]

members only update at 10:38 am
http://www.cobrasmarketview.com/2013/06 ... ay-update/

[Mr. T]

Too stretch
I can not buy from here intraday will only be flat to down. most likely flat into the weekend, this could just be another boring day for day trade.

I don't think this will be a range day. I think consolidate here and further trend up this morning. After that I am out

100% agree

[Heck]

1687.18 SPX on 22 May 2013 was a pretty good place to sell.
Today's HOD may be another...

[BullBear52x]

Too stretch
I can not buy from here intraday will only be flat to down. most likely flat into the weekend, this could just be another boring day for day trade.

I don't think this will be a range day. I think consolidate here and further trend up this morning. After that I am out

something like this? this fun chart not that I will bet on it.

[Unique]

BIDU part 2 breakout. Daily+Weekly. Trade first

[BullBear52x]

Too stretch
I can not buy from here intraday will only be flat to down. most likely flat into the weekend, this could just be another boring day for day trade.

I don't think this will be a range day. I think consolidate here and further trend up this morning. After that I am out

100% agree

give me 30 min. I'll tell you if you will be right or wrong about higher close.

[Mr. T]

Too stretch
I can not buy from here intraday will only be flat to down. most likely flat into the weekend, this could just be another boring day for day trade.

I don't think this will be a range day. I think consolidate here and further trend up this morning. After that I am out

100% agree

give me 30 min. I'll tell you if you will be right or wrong about higher close.

I'm out. Good profit

[Daniel-David]

IWM above 5, 10, 20, and 50day MAs now, and showing green Elder bar.

-um.. that was a minute ago.

[user13]

Great, AMTD has been down and I haven't been able to get into my chatting program this morning...FFS

[Unique]

BIDU part 2 breakout. Daily+Weekly. Trade first

Charts looking good

[BullBear52x]

IWM above 5, 10, 20, and 50day MAs now, and showing green Elder bar.

-um.. that was a minute ago.

IWM has been strong over all unlike SPY. talking ELder bar, SPY will get one today too. on a daily chart that will be really bullish.

[Al_Dente]

Bull internals
If bulls could hold nyadv >2000
They should be ok

[Mr. BachNut]

Neutral.
Closed the remainder of short yesterday when the bounce got going.
The bounce was expected in light of a hyper-extended NYMO.
Just missed on setting a long (a rare for me swing trade) and elected not to chase.
Not planning to do anything today.

My summation index signal is down.
My composite trend signal is down.

It is nice to see a bear signal work well. Perhaps we can look forward to a two way market.
As a pretty small correction took NYMO to - extremes, it will be interesting to see how high the market goes as the oscillator move to +.
Unless the rally turns my signals, I anticipate the next trade is a reload on the short side.

[BullBear52x]

BIDU part 2 breakout. Daily+Weekly. Trade first

Charts looking good

I am bored today is not my sell day, and I can not buy at this level. so.... anyways, if you gonna ignore all of the moving averages above it why don't you delete them and just show the chart pattern you know what I mean? it doesn't jibe with the line " charts looking good.

[wayne0708]

good start, this bull may have legs.

Let's see how price action at 20dma, but I do agree this bull has legs.

[Cobra]

this kind of consolidation favors bulls.

[Unique]

BIDU part 2 breakout. Daily+Weekly. Trade first

Charts looking good

I am bored today is not my sell day, and I can not buy at this level. so.... anyways, if you gonna ignore all of the moving averages above it why don't you delete them and just show the chart pattern you know what I mean? it doesn't jibe with the line " charts looking good.

What? We're breaking above resistances not ignoring

[BullBear52x]

good start, this bull may have legs.

Let's see how price action at 20dma, but I do agree this bull has legs.

This bulls will continue to have legs until RSI hit 100