09/04/2012 Live Update

[uempel]

All relative strength is in RED

94relative.png

Yes Al...

[victorm]

This site proposing a turn date for Silver of Sept 6....
It is a similar to the turn on June 21....

http://planetforecaster.blogspot.com/20 ... ptune.html

Thanks TG, in the comments "What I am looking for in the big picture is a triple top of the S&P. (I think May '13 is a likely time for this.) Could you please comment on that triple top? Thanks.

[Cobra]

Lunch for Cobra, but it might be too small

5.png

guys, let's vote, do you think this is a personal attack?

[BullBear52x]

UNG

[Al_Dente]

blablabla ding ding ding....

welcome back boss. missed u

[gappy]

This site proposing a turn date for Silver of Sept 6....
It is a similar to the turn on June 21....

http://planetforecaster.blogspot.com/20 ... ptune.html

Lookin for overnight selling, when Europe and Asia have had a bad day this often happens. Someone jacked it up last night at the Hong Kong open but don"t expect a rerun though.

[Harapa]

Vixies Update:
Vixies are in the company of BEARS!

[Al_Dente]

Lunch for Cobra, but it might be too small

The attachment 5.png is no longer available

guys, let's vote, do you think this is a personal attack?

Honey is munching on Cobra’s cousin, NOT Cobra:

[BullBear52x]

blablabla ding ding ding....

welcome back boss. missed u

The attachment chewie.png is no longer available

Thanks, why him?
a roll down from here will really disappoint me. the bulls I used to know ain't giving up this easy.

[Harapa]

Momentum Block Update:
US equities lost momentum they were holding onto since Thursday/Friday of last week and are now in line with the global markets.

[Al_Dente]

everything shows that triple bottom, even INTRADAY renko
bears have this in their favor:
nydec 1834 (wuss)
nydnv:nyupv 2 to 1 (meh)
no crazy covering ….. (yet)

[TraderGirl]

This site proposing a turn date for Silver of Sept 6....
It is a similar to the turn on June 21....

http://planetforecaster.blogspot.com/20 ... ptune.html

Thanks TG, in the comments "What I am looking for in the big picture is a triple top of the S&P. (I think May '13 is a likely time for this.) Could you please comment on that triple top? Thanks.

I thought maybe we would be up into 1Q of 2013 as well, but there are some cycle charts that suggest we either saw the high on Aug 21st or the next high on Sept 18-21st would be the high until elections...

I was expecting more of a double top...these cycle charts suggest we see another high in January (higher high or lower high I don't know, looks like a lower high), and then we are down into March...

There is a Merriman cycle that suggests we lose 20% of market value before the first half of 2013, so these cycle charts could support Merriman's cycle work....

I guess we will see what happens....

[noob]

so far, I don't see strong rebound, but this could change anytime, so nervously watching as day bear I'm now.

Cobra, no sides this time?

day bear for now with breakeven stop loss. 90% chances the breakeven stop loss would hit, so usually I don't hope much.

thx, this is a tough market. Seasonality was on the bulls side today, let's see if afternoon we can see a bull leg.

[Al_Dente]

blablabla ding ding ding....

welcome back boss. missed u

The attachment chewie.png is no longer available

Thanks, why him?...

WHY chewie? Why WTF? Just check out all his wisdom bub:

[MrMiyagi]

Ugh.. enough already....

[TraderGirl]

This site proposing a turn date for Silver of Sept 6....
It is a similar to the turn on June 21....

http://planetforecaster.blogspot.com/20 ... ptune.html

Thanks TG, in the comments "What I am looking for in the big picture is a triple top of the S&P. (I think May '13 is a likely time for this.) Could you please comment on that triple top? Thanks.

I thought maybe we would be up into 1Q of 2013 as well, but there are some cycle charts that suggest we either saw the high on Aug 21st or the next high on Sept 18-21st would be the high until elections...

I was expecting more of a double top...these cycle charts suggest we see another high in January (higher high or lower high I don't know, looks like a lower high), and then we are down into March...

There is a Merriman cycle that suggests we lose 20% of market value before the first half of 2013, so these cycle charts could support Merriman's cycle work....

I guess we will see what happens....

I must say though, that the most reliable chart that I have has a high in 1Q of 2013, so the cycle chart I mentioned above only goes to March 2013, and only shows highs and lows, so the levels are unknown...A low in March could still equate to a high in May 2013, I will not rule it out....

[uempel]

Daily signal I posted last week. I'm not sure about today's action, don't know if this is a bear trap or the real thing. I guess tomorrow and Thursday (ECB) will be more illuminating...

[Mr. T]

Ugh.. enough already....

No, no, no Miyagi!!!!! No!!!!

Need ghost bars to the down side.
Is that chart upside down???

[Cobra]

maybe a little descending triangle. not sure.

[SB73]

UNG

nice chart...I am seeing the same on UNG