09/03/2013 Live Update

[quientuves]

Subscribers were alerted last night and again this morning, ahead of time, that there would be a selloff today..wave counts updated intraday...

TG: It is really irritating when you promote your subscription site on Cobra’s free board, without posting any value here.

Well, she is saying we are going to have a sell-off. I think what we've seen it's only the begining...

Any p-bar till... mmm... 1600 ...

[kongen]

Subscribers were alerted last night and again this morning, ahead of time, that there would be a selloff today..wave counts updated intraday...

Why do we have advertising on this site?

[BullBear52x]

Class take note on bullish gap

[BullBear52x]

Pos D. do or die

fear is not with da bulls.

[MrMiyagi]

[Harapa]

This explains why this morning's spike in SPY is fading;there was no support from the technicals. A break above the green trend lines overrides all bottom indicators - Price is the King.

[Daniel-David]

A break above the green trend lines overrides all bottom indicators.

Harapa, thanks for the post. The chart is very small, and even enlarged it's unclear.. there are two green trend lines. Which is the one you are referencing-- the lower of the two or the upper? I assume you mean price over both, because you wrote "lines"...

thx.

[BullBear52x]

small range on $NYAD, big move coming? but what direction? since trend is down, fear is high, I will say down big tomorrow. guessing AgAin.

[Harapa]

A break above the green trend lines overrides all bottom indicators.

Harapa, thanks for the post. The chart is very small, and even enlarged it's unclear.. there are two green trend lines. Which is the one you are referencing-- the lower of the two or the upper? I assume you mean price over both, because you wrote "lines"...

thx.

Right click your mouse to open chart in new tab. This should enlarge the chart. Regarding the TL, all are important.

[rhight]

Just got back from lunch, did I miss anything?
Anyways, if it doesn't start popping, it might be dropping.
The yen crosses are bullish, and yields are still up, and so shouldn't that be interpreted as short term bullish?

[Daniel-David]

Right click your mouse to open chart in new tab. This should enlarge the chart.

Harapa, I did, I did! Even zoomed in a bit.

I meant, price looked about to break thru the lower trendline, but it was a bit hard to see. I understand the need for the size scale-- your charts are info-packed. They are denser than a uranium atom, god bless 'em.

[fehro]

Morning gap still unfilled SPX 5m

[BullBear52x]

I'll pay attention to the bigger bear flag pattern at this point.

[fehro]

SPX long term trendline from Nov 2012 lows.. being pressed again SPX 60m

[Mr. BachNut]

R2K has pierced it's Friday contract low. Gulp. Could be an interesting power hour today.

[Harapa]

Right click your mouse to open chart in new tab. This should enlarge the chart.

Harapa, I did, I did! Even zoomed in a bit.

I meant, price looked about to break thru the lower trendline, but it was a bit hard to see. I understand the need for the size scale-- your charts are info-packed. They are denser than a uranium atom, god bless 'em.

I hope you can see TLs now.

[Cobra]

range, bias is down.

[MrMiyagi]

Hmmm I'm sniffing a bounce here... either that or it is my coffee.

[Daniel-David]

"Gold spikes on reports of South African mining strikes." - Forex Trading News

[Daniel-David]

Harapa, your charts are unique and truly info rich.

"I hope you can see TLs now."

Let me put on my grannie glasses. Yes, there they are. And price looks like it wants to have nothing to do with penetrating either of them. Also, cf Mr. Bachnut's observation of Russell 2k weakness...