Re: 10/03/2012 Live Update
Posted: Wed Oct 03, 2012 3:29 pm
In HPQ maybe 14.50-14.60 can produce a bounce
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If it is a gap higher tomorrow I would strongly favor a gap and go. 4 intraday reversals seems very unlikely.BullBear52x wrote:here is fun chart on Fib fan, bears need to trade back in yellow or bulls will take the ball from here.
todays ADP = goodfehro wrote:Employment number may be a little surprise upside... or neutral.. but only time will tellMr. BachNut wrote:Agree.uempel wrote:I posted quite a few charts today - but I believe the weekly is key. No close above 1448 and the market will dip
Employment number on Friday. A good one could give bulls the ammo they need...or vice versa.
Last week's close was below the prior week's low. So, the balloon just gets heavier if this thing doesn't start tracking smartly to new highs.
http://www.ritholtz.com/blog/2012/10/nf ... 5-3-in-q3/
u 'da man stustucap wrote:Looks like someone is leaning rather heavily on that buy button in front of the debate tonight. Lookie me --- oil is down, market is up? Who's the man?
check this for what it's worthAl_Dente wrote:todays ADP = goodfehro wrote:Employment number may be a little surprise upside... or neutral.. but only time will tellMr. BachNut wrote:Agree.uempel wrote:I posted quite a few charts today - but I believe the weekly is key. No close above 1448 and the market will dip
Employment number on Friday. A good one could give bulls the ammo they need...or vice versa.
Last week's close was below the prior week's low. So, the balloon just gets heavier if this thing doesn't start tracking smartly to new highs.
http://www.ritholtz.com/blog/2012/10/nf ... 5-3-in-q3/
doesn’t that usually frontrun Fridays NFP?
= bullish
(correct me if I’m wrong, pls)
UsuallyAl_Dente wrote: todays ADP = good
doesn’t that usually frontrun Fridays NFP?
= bullish
(correct me if I’m wrong, pls)
stucap wrote:Looks like someone is leaning rather heavily on that buy button in front of the debate tonight. Lookie me --- oil is down, market is up? Who's the man?
NQ has a bigger H/S in play.fehro wrote:SPX 5m .. possible small H&S. could be setting up for a nasty gap down...if it plays out tomorrow
At what time is it starting guys? youtube have a live stream maybe I will check out today´s showAl_Dente wrote:u 'da man stustucap wrote:Looks like someone is leaning rather heavily on that buy button in front of the debate tonight. Lookie me --- oil is down, market is up? Who's the man?
still not end of day... but AAPL volume is below it's avg at this point... so up on decreasing vol ≠ bullish.Al_Dente wrote:thanks fehro
also, AAPL hod might stick
I will pay attention to 144.6 line here for bull move.SB73 wrote:If it is a gap higher tomorrow I would strongly favor a gap and go. 4 intraday reversals seems very unlikely.BullBear52x wrote:here is fun chart on Fib fan, bears need to trade back in yellow or bulls will take the ball from here.
Cobra wrote:indeed pullback is over. this rebound should have another small leg.
Any guess up or down? We are still stuck in this triangle.TraderGirl wrote:Well, there was a strong turn down on Monday, and tomorrow is another turn, so up or down, could be pretty big...??