01/10/2013 Live Update

[rola]

Cobra, what do you think about DAX?

[Cobra]

dollar 100% MM target. I don't believe but I need see a pattern first. I'll keep you updated.
https://stockcharts.com/public/1684859/ ... /276865556;

Are you getting increased page views by having people click on charts this way? Just curious.

Don't know, but should help a lot, instead of I simply asking people to vote for me. I do oil, gold, dollar, bond update regularly nowadays anyway, so should at least let people know.

[Cobra]

Cobra, what do you think about DAX?

Cannot see chart until tonight, so no comments here.

[TWT]

NDX: The EWP off the November 16 low is not over. In the following chart I suggest 2 scenarios

[fehro]

bull flag retest? or head fake?.. possible negative divergence on the MACD

[JFR]

dollar 100% MM target. I don't believe but I need see a pattern first. I'll keep you updated.
https://stockcharts.com/public/1684859/ ... /276865556;

Are you getting increased page views by having people click on charts this way? Just curious.

Don't know, but should help a lot, instead of I simply asking people to vote for me. I do oil, gold, dollar, bond update regularly nowadays anyway, so should at least let people know.

Yes. Good idea to post the references to stockcharts. The more often people go over to stockcharts the more likely they are to vote.

[Harapa]

Harapa, what makes me think that today's weakness ain't significant are the signals I have on daily/weekly/BP charts: they all suggest that there might be a biggish move in approx 2 weeks, e.g. this daily SPX chart. It is not (yet) drawn precisely, but there is no indication of a strong move at the moment, strong meaning > 2 or 3 percentage points.

Concur; I can't ignore posturing of this setup. This EOD setup targets days-weeks time frame;currently in buy mode.

[Cobra]

Cobra, what do you think about DAX?

I see nothing wrong on DAX yet.

[Hubon]

Does this last bar qualify for a bearish engulfing pattern?

[Cobra]

Does this last bar qualify for a bearish engulfing pattern?

You mean DAX? No. It's called last Engulfing bottom, bullish in theory but in reality it mostly means continuation.

[demon]

I'm afraid ES will close near the low of today

[gappy]

nyad.png

[Al_Dente]

AAPL “…is working on a lower-end iPhone… a big shift in corporate strategy as its supremacy in smartphones has slipped”
“In the 2012 third quarter, Apple held only 14.6% of worldwide smartphone shipments, down from a peak of 23% in the fourth quarter of 2011 and the first quarter of 2012, according to IDC. Samsung Electronics Co.'s share, meanwhile, rose from 8.8% to 31.3% from the third quarter of 2010 to the third quarter of 2012.”
“While the iPhone remains the top-selling smartphone in the U.S., Apple's share of the high-end cellphone market has taken a hit in China and remains low in other emerging markets”
http://professional.wsj.com/article/SB1 ... TopStories

testing little triple bottom at 515
(this time on pos diverg?)

[uempel]

Cobra, what do you think about DAX?

Cannot see chart until tonight, so no comments here.

DAX closed precisely on the MA 9. Rola, if you trade DAX check out the BB13/1, BB20/2 and MA 9 on the daily, works pretty well. Bounced on the center line of BB13/1 (which of course is MA 13) yesterday and today

[nightwolf]

I've got a signal on the 60 min for tomorrow afternoon or Monday morning. I don't know what today's move means, perhaps weakness in preperation of a breakout to the upside? Weakness to stimulate the bears to increase positions so that there's more bullish firepower tomorrow? Whatever, I'm still in the bullish camp.

55.png

Harapa, what makes me think that today's weakness ain't significant are the signals I have on daily/weekly/BP charts: they all suggest that there might be a biggish move in approx 2 weeks, e.g. this daily SPX chart. It is not (yet) drawn precisely, but there is no indication of a strong move at the moment, strong meaning > 2 or 3 percentage points.

56.png

Uempel,

Would the move be up or Down 2% to 3%?

[Cobra]

resistance. this rebound does have legs.

[scout_lt]

Cobra, what do you think about DAX?

DAX failed to reached our original upside targets, too weak?

[scout_lt]

http://blog.wavetrack.com/sp-500-13/ - for the description

[Al_Dente]

Following the fruit on the 5m renko
(caveat: anything u add to a renko chart starts looking a bit hinky)

[KeiZai]

Key time for gold, above the yellow line prepare for squeeze below the red likely new low ahead (+-1600)


O: viewtopic.php?f=2&t=789&p=112584#p112584

My dollar chart like this scenario, so key time here too...otherwise it was just simple zig-zag and is going for new lows

current