04/16/2012 Live Update

[Cobra]

ok, indeed more down, now the cliche, anytime revisits the previous extremes, there's a chance of reversal, so bears no failure allowed here.

[BullBear52x]

Yes, too bearish is not good look at the leader, run away gap?

I don't see that gap on my charts.

TOS doesn't show either but Stockcharts 5 and 10 min did. I also check prophet. Hmm? don't know

[KENA]

Here the daily chart which suggests a strong move tomorrow. I don't believe today's action is going to be interesting and I'll check back before the close... And by the way, I'm hungry

6.png

Uempel are you saying the move will be dn tomorrow??

[TraderGirl]

spx ...??

[uempel]

Here the daily chart which suggests a strong move tomorrow. I don't believe today's action is going to be interesting and I'll check back before the close... And by the way, I'm hungry

The attachment 6.png is no longer available

Uempel are you saying the move will be dn tomorrow??

I don't know what the move will be, but I do see that there's unfinished business up in the 1390/1400 area. And I also know that the move will be biggish...

[fehro]

Triangle for options week?

[BullBear52x]

the bounce off the trend line didn't take out to new hide coming back the second time is bearish, 133ish still looking good.

[Petsamo]

XOP had a double top. Anyone think it is at support?

[MrMiyagi]

Anyone else see a possible technical bounce on AAPL here?

[gappy]

XOP 2nd support 52.03 per Stockcharts.com

[Medman]

The most important thing that everyone on on this great site has taught me is patience. My old habits would have gotten me whipsawed this morning but now I am content to wait for the right entry. Still not sure if it is TZA or TNA is the right choice.
Medman

[Petsamo]

XOP 2nd support 52.03 per Stockcharts.com

Thanks

[BullBear52x]

Anyone else see a possible technical bounce on AAPL here?

little more?

[proteus46]

Anyone else see a possible technical bounce on AAPL here?

I'm waiting until the close to see if there is a sell-off into the close. Looks like $579 is a key level as the 50 Fib line.

This is a buying opp, even if you sell before earnings...I think AAPL will rise during this week..near it's low for the week.

[taggard]

Anyone else see a possible technical bounce on AAPL here?

watch the 23.6 fib of the move up and 50 ema daily--as well as the current bounce off the lower daily bollinger band. as usual i would prefer a move sightly under what everyone looks to for the bounce to wash out weak holders. all that aside holding the lower daily bollenger band firs hit? could be.

[oldpigwang]

AAPL down side target: $550~570.

[snakehead]

XOP had a double top. Anyone think it is at support?

I see next STRONG support at 45.0 (my own opinion).

[uempel]

The most important thing that everyone on on this great site has taught me is patience. My old habits would have gotten me whipsawed this morning but now I am content to wait for the right entry. Still not sure if it is TZA or TNA is the right choice.
Medman

Right you are

[TraderGirl]

Anyone else see a possible technical bounce on AAPL here?

Looks like it's holding at this trend line, but still looks like 570's could be in the cards...

[Cobra]

not sure if it's descending triangle.