11/16/2012 Live Update

[Al_Dente]

I thought GDX could pull off a bounce yesterday but it failed
Higher low is encouraging but not good enough for me… yet… (just me)
We’ll see what today brings

[pezhead9000]

SPY 5min - candle tails. Looks like buyers...

[Cobra]

breakdown indeed, but it's not valid yet, wait.

[jarbo456]

JCP into the 15 handle.

anyone like it yet?

[ken_d17]

August 2011 highs are support ?

[KeiZai]

This is very powerful guys don´t want to sound bearish, but if market will not bounce strong today MINIMUM target can be 1200 and bounce is not looking good at all

You sound like GS, prediction 1250 for the year 2012.

Maybe but it´s based on wave structure and other things, if we rally back bullish case will be fine, until close is soon to say

[fehro]

This is very powerful guys don´t want to sound bearish, but if market will not bounce strong today MINIMUM target can be 1200 and bounce is not looking good at all

You sound like GS, prediction 1250 for the year 2012.

Playing with some trend lines with a strong bear in mind.. just to see where possible targets could be.

[Cobra]

OK, looks like a Measured Move down, so now bulls turn. overall, it's range day, nothing to be excited though.

[pezhead9000]

Spy 5min chart from earlier - long candle tails (buyers)

[Tabby]

This is very powerful guys don´t want to sound bearish, but if market will not bounce strong today MINIMUM target can be 1200 and bounce is not looking good at all

You sound like GS, prediction 1250 for the year 2012.

Playing with some trend lines with a strong bear in mind.. just to see where possible targets could be.

I can't wait to see if they go Hall of shame or fame. They think we go to 1500+ by year 2013.

http://www.businessinsider.com/goldman- ... et-2012-10

[fehro]

This is very powerful guys don´t want to sound bearish, but if market will not bounce strong today MINIMUM target can be 1200 and bounce is not looking good at all

You sound like GS, prediction 1250 for the year 2012.

Playing with some trend lines with a strong bear in mind.. just to see where possible targets could be.

I can't wait to see if they go Hall of shame or fame. They think we go to 1500+ by year 2013.

http://www.businessinsider.com/goldman- ... et-2012-10

Even lower levels. SPX Weekly. 1300, 1250 long term uptrend.. lose that ... 1150, lose that .. 950

[KENA]

Here is a chart I stole and tells a lot of the 3 Peaks and Domed House.Right now it looks like we are going to have a big ralley soon then back dn.

[Al_Dente]

Nyadv 1300
Nydec 1500
Expect “chop” until bears either strengthen or cover

honey girl.png (235.12 KiB) Viewed 4188 times

[rc1269]

Here is a chart I stole and tells a lot of the 3 Peaks and Domed House.Right now it looks like we are going to have a big ralley soon then back dn.

george1.png

great chart Kena! thanks

[KeiZai]

Now it looks good inverse H&S on dax on 1m

[Tabby]

I can't wait to see if they go Hall of shame or fame. They think we go to 1500+ by year 2013.

http://www.businessinsider.com/goldman- ... et-2012-10

Even lower levels. SPX Weekly. 1300, 1250 long term uptrend.. lose that ... 1150, lose that .. 950

Fehro,Nice work.Let's wait to see what happens.

[KeiZai]

Here is a chart I stole and tells a lot of the 3 Peaks and Domed House.Right now it looks like we are going to have a big ralley soon then back dn.

The attachment george1.png is no longer available

Thanks Kena here is from Peter Ghost

[Al_Dente]

TBT has been under vwap for 6 of the last 7 trading days (bear equities)
Today also

[Petsamo]

Did anyone go long GDX ? It hasn't busted yesterday's low, so that's a bull sign.

[ClarkW]

Did anyone go long GDX ? It hasn't busted yesterday's low, so that's a bull sign.

I'm long a little NUGT but it's very short term stop loss set if there's a lower low intraday. Also I've been an idiot on my GDX related trades the past two days...Don't follow idiots