05/29/2012 Live Update

brandyjoco · Post by **brandyjoco** » Tue May 29, 2012 10:53 am

Thank you Cobra - for info on NUGT...

Richarab · Post by **Richarab** » Tue May 29, 2012 10:53 am

NYA now +100
7634
Party near
VIX needs to acquiesce

Post by **Cobra** » Tue May 29, 2012 10:58 am

by the way, we're close to the ascending triangle target now.

Richarab · Post by **Richarab** » Tue May 29, 2012 11:08 am

Richarab wrote:NYA now +100
7634
Party near
VIX needs to acquiesce

Nya 7623
Dropping some
Can't regain 200ma...
Not good

Petsamo · Post by **Petsamo** » Tue May 29, 2012 11:09 am

Huge p-bar on SPY

Post by **Cobra** » Tue May 29, 2012 11:09 am

wow, we should all knew the target now.

Post by **Cobra** » Tue May 29, 2012 11:11 am

volume surge, hopefully it means the pullback is over. overall, still should be another leg up.

Richarab · Post by **Richarab** » Tue May 29, 2012 11:16 am

Lest NYA and VIX cooperate I don't buy it - and they are not capitulating

MrMiyagi · Post by **MrMiyagi** » Tue May 29, 2012 11:17 am

Confuse-us say:

Richarab · Post by **Richarab** » Tue May 29, 2012 11:21 am

MrMiyagi wrote:Confuse-us say:

VIX pbar analysis please

CarlosDK · Post by **CarlosDK** » Tue May 29, 2012 11:23 am

Cobra ,, if mkts fails here at SPX 1335 ,, is this still confirmed as "the higher high" or bounce ?

CarlosDK · Post by **CarlosDK** » Tue May 29, 2012 11:23 am

We got pretty close to SPY 134 looks like mkts failing going higher now

Al_Dente · Post by **Al_Dente** » Tue May 29, 2012 11:23 am

20 days
(sometimes volume ratios work by the end of the day, sometimes not, depends on how much more the bears need 2 cover)

Tonight, Bob Dylan will be awarded the “Medal of Freedom,” our nation’s highest civilian honor.
Dylan was 22 years old when he “opened” for Dr. Martin Luther King, Jr.’s “I Have a Dream” speech on August 28, 1963.
http://www.youtube.com/watch?v=WLwHnNyb ... re=related

Richarab · Post by **Richarab** » Tue May 29, 2012 11:26 am

Nya dropping like a rock and VIX about to go green

EvilTrader · Post by **EvilTrader** » Tue May 29, 2012 11:28 am

Sentiment was too bearish, perfect fuel for the market to pop and get the money out of those muppets (i mean retail investors)

Post by **Cobra** » Tue May 29, 2012 11:29 am

1st touch of EMA20, let's see if any H2 Long here.

knock · Post by **knock** » Tue May 29, 2012 11:32 am

MrMiyagi wrote:Confuse-us say:

Friday also had a p-bar on thinkorswim to 131.xx. Hmmm...

miyagi's iwm p-bar is in line with the spy bearish pbar. also 15min chart shows more down ahead before next pop. i think we know the range now.

MrMiyagi · Post by **MrMiyagi** » Tue May 29, 2012 11:35 am

Richarab wrote:VIX pbar analysis please

I don't see one.

CarlosDK · Post by **CarlosDK** » Tue May 29, 2012 11:35 am

Markets Weak !

Petsamo · Post by **Petsamo** » Tue May 29, 2012 11:35 am

I hate those p-bars. They screw up my charts

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