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Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 12:21 pm
by BullBear52x
BlackThought wrote:Vxx holding strong..
XIV is very weak for any surprise to the upside .
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 12:23 pm
by Daniel-David
Astonishing island reversal in SLV. All of yest gains are now the stuff that dreams are made of. Complete 100% retrace.
Posted: Wed Sep 04, 2013 12:24 pm
by MrMiyagi
RUT is at the 10sma. Anyone think it can go over it today?
Posted: Wed Sep 04, 2013 12:25 pm
by MrMiyagi
Daniel-David wrote:Astonishing island reversal in SLV. All of yest gains are now the stuff that dreams are made of. Complete 100% retrace.
It's like yesterday did not exist.
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 12:41 pm
by BullBear52x
Pick your flavor
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 12:45 pm
by uempel
Should this be a bearish formation (I doubt it) the red line is my sell sign...
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 12:48 pm
by BullBear52x
uempel wrote:Should this be a bearish formation (I doubt it) the red line is my sell sign...
66.png
you draw a red line

Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 12:57 pm
by Cobra
this kind of consolidation favors bulls.
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 12:58 pm
by Richarab
Has twerking lost it appeal? Already?
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 1:00 pm
by uempel
BullBear52x wrote:uempel wrote:Should this be a bearish formation (I doubt it) the red line is my sell sign...
The attachment 66.png is no longer available
you draw a red line

BB52, not sure if it's a bearish rising channel or a wedge, but it is bearish unless SPX zooms up in the next hour or two
As to the red line: Obama really put himself into a weak position by saying that. There would have been so many other ways to threaten Assad
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 1:04 pm
by L_T
5 minute chart of IWM is weakening. SPY to follow or keep diverging?
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 1:06 pm
by Al_Dente
L_T wrote:5 minute chart of IWM is weakening. SPY to follow or keep diverging?
thx
IWM is the only one who didn’t fill the gap

Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 1:12 pm
by rhight
TraderGirl wrote:Does anyone know about the Fed releasing minutes today at 2pm?
It's Fed's Beige Book day, not minutes day. I've decided not the trade Minutes days, (unless I go crazy, of course.) Beige book days shouldn't be as wacko. Famous last words. Todd Harrison always says, on Minutes days, that the first move is the false move (beginning at 2pm - or slightly before - depending on how well connected you are.)
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 1:14 pm
by Al_Dente
We may touch the snake’s blue line 20ma for the first time today, but no red Elder yet…
Bulls need a good squeeze here to take out all the stops, but they may not get it…..even XIV is flat……
Everyone is waiting for the “Beige Book” release …the “Evelyn Wood” traders may awaken………..
In the meantime: paint drying
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 1:19 pm
by fehro
SPX 5m
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 1:20 pm
by Al_Dente
oy
squeeze it is ??
HOD
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 1:22 pm
by jarbo456
odd lack of vol participation today.
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 1:23 pm
by BullBear52x
Al_Dente wrote:oy
squeeze it is ??
HOD
Neg D boss
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 1:23 pm
by Cobra
breakout as expected. this bull still have legs.
Re: 09/04/2013 Live Update
Posted: Wed Sep 04, 2013 1:23 pm
by jposner
jarbo456 wrote:odd lack of vol participation today.
Rosh Hashannah starts tonight. A lot of market participants go home early today and take some or all of the next two days off.
Next Friday, volume should also taper off in the afternoon as Yom Kippur approaches.