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Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 10:32 am
by johnnywa
alphahorn wrote:F has been in its wave (4) triangle a bit longer than the SPX. Clearly a corrective pattern, that looks to be completing. Of course it can turn into a complex corrective wave as the triangle is followed by another corrective pattern. But, for now it's showing strength, which provides some life for the bulls
Who is this charltan????????????????
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 10:38 am
by soku
market is choppy. i think we may dip to 86-87 zone. will decide to buy or not there.
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 10:41 am
by Cobra
not a bad looking pattern, now the bias is up.
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 10:42 am
by knurbs
soku wrote:market is choppy. i think we may dip to 86-87 zone. will decide to buy or not there.
I guess we need to assume your referencing SPX? Maybe you feel ES is going to drop 1300 points?
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 10:44 am
by victorm
soku wrote:market is choppy. i think we may dip to 86-87 zone. will decide to buy or not there.
you right, but, 1440 first...
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 10:49 am
by Cobra
mini rebound target reached.
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 10:52 am
by soku
soku wrote:market is choppy. i think we may dip to 86-87 zone. will decide to buy or not there.
dip is not coming. it is not clean rally imo. i am not going to chase it. the plan is still buy dip, still around 86-87 area.
overnight high at 97.75 is the temp resistance for now.
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 10:57 am
by Petsamo
It feels like a Friday, which is typically non-bearish.
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 10:58 am
by Al_Dente
hmmmmmm squeeze BIDU
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 10:59 am
by grachu
COBRA could you comment on your feeling for today... it seems it wants to be bullish but not strength. I think this wants to crash to the down side today... ....
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 11:02 am
by TraderGirl
Dollar doesn't look like it's buyin' into this rebound...
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 11:03 am
by soku
today is kinda strange, the gap did nothing. any thoughts?
Re: .. who is in control
Posted: Thu Apr 05, 2012 11:09 am
by mac769
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 11:09 am
by stucap
soku wrote:today is kinda strange, the gap did nothing. any thoughts?
if we close with a hammer --- we see 1420 early next week. bears are dropping the ball again.
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 11:11 am
by Cobra
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 11:12 am
by Denali92
soku wrote:today is kinda strange, the gap did nothing. any thoughts?
It is / WAS all about the DAX and Europe - the DAX staged a STORMING comeback today and is almost unchanged having been down 100 and in danger of closing below its daily Boll (20, 2) band.
The ES has been trading tick for tick with the DAX since early today and with the big bounce in the DAX and Italian bonds.... all is safe for now.....
It could have been ugly with a REAL 'get me out' trade as Europe is closed on Friday and Monday..... but it did not happen and the European markets are now closing with nice hammers.
-D
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 11:15 am
by Cobra
100% Measured Move target.
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 11:22 am
by uempel
There is a good signal on the 10 min set for noon - quite precise. I closed positons in the early morning, I'll not be doing anything today because we'll be away for 4 days - the lady wants a nice spa and I need lots of sleep
But the 12:00 signal is good, I'd be very surprised if it does not work out.
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 11:22 am
by SWalsh
Denali92 wrote:soku wrote:today is kinda strange, the gap did nothing. any thoughts?
It is / WAS all about the DAX and Europe - the DAX staged a STORMING comeback today and is almost unchanged having been down 100 and in danger of closing below its daily Boll (20, 2) band.
-D
I wonder how much algo activity takes place there. I have read they are trying to restrict them, which means someone with brains sees the nightmare of computers given free reign.
Re: 04/05/2012 Live Update
Posted: Thu Apr 05, 2012 11:25 am
by Al_Dente
Nobody likes the “””bounce””” in gold
GLD = no bats trades in 14 min; no volume [edit: sorry, no bats trades in DGP, DGP]
All the volume is in the SLV “”””bounce””””