07/25/2013 Live Update

[Cobra]

here comes the 2nd leg down.

[fehro]

SPX 5m

[MrMiyagi]

!!!!!! POWER HOUR !!!!!!

[Al_Dente]

It takes a 2-to-1+ volume ratio to sustain the bear
But it usually/often takes less to move the bull
(see red and green circles on volume ratios, third panel)

[Auole]

I don’t mean to go all “conspiracy theory” on you, but this smells too: “…four of the six largest players [LME and CME registered warehouses] have been bought by investment banks or traders."
http://www.reuters.com/article/2013/07/ ... CY20130722

Is this a mess, or is it just me?
Oy, I’ll just stick with TA

Love it! LMAO. Totally agree with the oy part. I let J.Sinclair et.few al. do the heavy thinking. A good read yest. & good blogger think tank followup (long). Me thinks if 'they' want us to consider paper gold invalid then this whole entire fiat market is therefore too.
Blogger FOFOA writes today that manipulation of the gold market is starting to be as recognized as manipulation of other markets; that unlike other commodities, gold really doesn’t need a futures market as intermediary between producers and end users; and that the current construction of the gold market, in which manipulators assume the role of intermediary, is likely coming to an end — a prediction made emphatically lately by Jim Sinclair. FOFOA’s commentary is headlined "The Funeral" and it’s posted at his blog here:

http://fofoa.blogspot.com/2013/07/the-funeral.html

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc

[fehro]

bull flag or H&S RUT 60m

[Cobra]

100% mm target I'm not sure.

[wayne0708]

100% mm target I'm not sure.

Make up your mind Cobra

[MrMiyagi]

Fed printing update, may be the market pop reason. Go to the first link.

[Al_Dente]

AUOLE
“””unlike other commodities, gold really doesn’t need a futures market as intermediary between producers and end users”””

What a great point; never thought of that
Thx 4 the link, I’ll study it AH
GL2U
ps: does Sinclair = FOFOA, or do u have a separate link to Sinclair? Thx boss

[BullBear52x]

1680 on /ES
SPY 168.5

trading below this line, bears can go to the bank, not until then....

[Auole]

Yeah, sort of, Sinclair says sort of too end game for paper gold. but maintains the $3500 target. huh¡¿ He is jsmineset.com

[Al_Dente]

Fed printing update, may be the market pop reason. Go to the first link.

Hey that’s a great way to link, bypassing the subscription; I need to remember that
ps that’s our friend Hilsenrath, whom they are now calling “The Fed Mouthpiece”
THANKS boss

[MrMiyagi]

Hey that’s a great way to link, bypassing the subscription; I need to remember that
ps that’s our friend Hilsenrath, whom they are now calling “The Fed Mouthpiece”
THANKS boss

You welcome Al, I have more than one trick up my sleeve .. Google's cache is pretty good for going around that stuff most times.

[daytradingES]

1680 on /ES
SPY 168.5

trading below this line, bears can go to the bank, not until then....

that is a quite a way down given only 45 min left ?

[fehro]

bearish rising wedge? or sloping complex inv H&S?

[auger]

/YM Could see new highs real soon here gang

[Cobra]

members only update at 3:40 pm
http://www.cobrasmarketview.com/2013/07 ... ay-update/

[Auole]

just my toothless 2 cents. Am going to wait for that DoubleSto indicator higher low mañana. ES hourly- see last time we got those 2 weeks of hiccuppy general down direction. prudent people are rarely popular though neither do they get the big Options' woopie.

[BullBear52x]

1680 on /ES
SPY 168.5

trading below this line, bears can go to the bank, not until then....

that is a quite a way down given only 45 min left ?

support is strong, a fail there will signal a trend change on SPY long term also. that's why I mentioned it. the whipsaw will continue until that line break, then.....fast and furious could occur.