07/11/2012 Live Update

[stucap]

QQQ and IWM are weak.

iwm is very weak considering it started this bounce with its double bottom. ES can't seem to rollover.

[ballatines]

desecending triangle on AAPL ?

[Cobra]

ok, forget about ascending triangle. the direction is not clear now, a little little little little bit favors bears FOR NOW. let's wait.

[Petsamo]

The DAX set two white candlesticks in a row. They want to rise. It's hard to imagine we set two red candlesticks in a row.

[stucap]

desecending triangle on AAPL ?

don't get why we're not rolling over......AAPL looks weak, IWM looks weak, SPY keeps pushing up.

[TraderGirl]

XIV in triangle....

[Cobra]

retest the rebound high, key time, no failure allowed for bulls.

[uempel]

The DAX set two white candlesticks in a row. They want to rise. It's hard to imagine we set two red candlesticks in a row.

Yeah, DAX want's to rise, with a little help of weak €

[agunther]

Just how corrupt can we get? Anyone going to jail?


FBI warned Labor Department data might be leaked: report

http://www.reuters.com/article/2012/07/ ... 1N20120711
(in part)

"The apparent root cause for the issues driving this assessment is the presence of algorithmic traders in the press lockup facility," the report said.

That in itself is not surprising. Surprising is that the press would report on it.

[ClarkW]

TraderGirl. What do you think about NUGT? Little move up
[EDIT: adding chart}

[stucap]

retest the rebound high, key time, no failure allowed for bulls.

no one wants to short this puppy in front of FOMC minutes. risk reward is for the bulls here on the double bottom. bears can only hope for a test of 1330-1335. it appears we drift up until 2.

[grachu]

cobra please please apple update?

[Petsamo]

The DAX set two white candlesticks in a row. They want to rise. It's hard to imagine we set two red candlesticks in a row.

Yeah, DAX want's to rise, with a little help of weak €

My EWP (Spain) is very happy

[Tabby]

FBI warned Labor Department data might be leaked: report
That in itself is not surprising. Surprising is that the press would report on it.[/quote]

This remind me of when FBI was late on paying their phone bills in 2009 ( I think it was 2009) and AT&T cut their connection due to delinquency and it was in press.

[swayne99]

WOW-what the heck happened on TLT - any rumors?

[Cobra]

very small double top here. not sure. overall, still a little little little little favor bears. lunch time, will be back.

[MrMiyagi]

WOW-what the heck happened on TLT - any rumors?

Someone slipped on the keyboard; all back to normal now..

[CognitiveDissonance]

Anybody see these p bars?

[jdow]

new auction on 10 yr. < 1.5%

WOW-what the heck happened on TLT - any rumors?

[SWalsh]

"Maybe" an a-b-c with wave c as an ED has completed. All of the moves today have had algos and HFTs involved: