08/21/2013 Live Update

[BullBear52x]

BB52, nice chart

Thanks boss.

[BullBear52x]

Paging KeiZai, CLF is about to fail last entry.

[ALdaytrade]

SPX:

Did SPX bounce off the middle of the bollingerband in the weekly chart?

http://stockcharts.com/h-sc/ui?s=$SPX&p ... 7780556532

Or is this a cruel joke, more down to go?

Trader Girl:

Is this a big enough move down to complete the wave 5?

"Let's all hope for another leg down to a lower low..wave (5) ...that is a nicely bearish move giving us an impulsive leg down...."

another weely look posted at my corner.

When you have time, do you think you could post it here? Thank you. (Can not handle so many things at one time...slow computer, slow brain, slow reaction time!)

[gappy]

Foreign markets slide. http://www.elliottwavemarketservice.com ... -declines/

Gappy - What is the " FT world EX-USA" ?? - 3rd chart there. Thanks!

All indices except the US markets. But note that European markets look quite good... Yes, some. http://www.tradingeconomics.com/forecast/stock-market

[BullBear52x]

SPX:

Did SPX bounce off the middle of the bollingerband in the weekly chart?

http://stockcharts.com/h-sc/ui?s=$SPX&p ... 7780556532

Or is this a cruel joke, more down to go?

Trader Girl:

Is this a big enough move down to complete the wave 5?

"Let's all hope for another leg down to a lower low..wave (5) ...that is a nicely bearish move giving us an impulsive leg down...."

another weely look posted at my corner.

sure maybe this weekend will be a good time to talk weekly stuff.
When you have time, do you think you could post it here? Thank you. (Can not handle so many things at one time...slow computer, slow brain, slow reaction time!)

[Al_Dente]

Might be the first time VIX opened and closed plus full-candle above the bolinger since june (blue arrows)
We’ll see….
MUST WAIT FOR THE CLOSE

[BullBear52x]

I don't know if anyone here trade Qs. intraday sell the rip.

[Cobra]

volume surge, biggest bar (the bar before) so hopefully a pullback here first which if indeed would mean the 1st up leg is near over. There still could be 2nd up leg.

[TraderGirl]

SPX:

Did SPX bounce off the middle of the bollingerband in the weekly chart?

http://stockcharts.com/h-sc/ui?s=$SPX&p ... 7780556532

Or is this a cruel joke, more down to go?

Trader Girl:

Is this a big enough move down to complete the wave 5?

"Let's all hope for another leg down to a lower low..wave (5) ...that is a nicely bearish move giving us an impulsive leg down...."

IMHO...not enough....

[Al_Dente]

60 min
Another bullish divergence on RSI (4 and 14) may need to play out ....

60 min. Heikin Ashi, I will look for black bar follow by white bar to signify some sort of bottom while RSI at this low.

Thanks boss can u post that chart when u have time

here you go

sweet, thanks

[TraderGirl]

SPX:

Did SPX bounce off the middle of the bollingerband in the weekly chart?

http://stockcharts.com/h-sc/ui?s=$SPX&p ... 7780556532

Or is this a cruel joke, more down to go?

Trader Girl:

Is this a big enough move down to complete the wave 5?

"Let's all hope for another leg down to a lower low..wave (5) ...that is a nicely bearish move giving us an impulsive leg down...."

IMHO...not enough....

ADT, I mentioned to you on Monday of this week that the overall trend is down until Thursday...and that we could see a low of some kind at that time...

[Al_Dente]

FED time

oy vey.png (80.66 KiB) Viewed 4182 times

[L_T]

Random chart of the day: Brazilian small caps are not where you want to be long.....

[Cobra]

minute is out. I really don't understand actually, it's old news, why market takes it seriously.

[BullBear52x]

how I see them (SPY)

[L_T]

minute is out. I really don't understand actually, it's old news, why market takes it seriously.

Anyone got the text from the minutes yet?

[Richarab]

minute is out. I really don't understand actually, it's old news, why market takes it seriously.

Whatever direction it initially shoots.. It then will go make a nice strong move the opposite direction.. Hence I am long now

[Al_Dente]

•*A FEW ON FOMC URGED PATIENCE, OTHERS FAVORED QE TAPERING SOON
•*FOMC MINUTES SHOW BROAD SUPPORT FOR BERNANKE TAPERING TIMELINE
•*FOMC PARTICPANTS SAID SEQUESTRATION 'CLOUDED THE OUTLOOK'
•*FOMC PARTICIPANTS PREDICTED GDP TO PICK UP IN 2ND HALF 2013
•*ALMOST ALL FOMC PARTICIPANTS BACKED 'CONTINGENT OUTLOOK' FOR QE
•*FOMC SAID JUNE PAYROLL REPORT SHOWED 'CONTINUED SOLID GAINS'

[Junior Buffett]

http://www.marketwatch.com/story/highli ... atest_news

[Cobra]

100% mm target. too late I know.