07/25/2012 Live Update

[Cobra]

Cobra ,, 3rd leg up beginning ???

you mean 2nd leg up? too weak, so hard to say.

[Al_Dente]

so techs catching up on the downmove and fincls rallying, trans and iwm trying to go higher....
Wise AL: any oversold indication from staples vs toys ratio?

Smarty Pants Joe
“Toys to Staples” Ratio
…..beats me… I thought she’d bounce, as her downtrend channel (wedge) is a bit steep
Her momo says positive diverg but nobody cares
[ps: u are NOT allowed to draw a bird, a butterfly, or a honey badger on this chart]

[knock]

is es a cup and handle?

[TraderGirl]

Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

[brandyjoco]

Anyone have a chart on NUGT,XIV, UVXY? Thanks...

[heavenskrow]

Hi,
From what I read, it trades like a stock, moving with buyers & sellers, not the vix..

yeah it definitely does not track the $VIX 100%. It's like playing with the devil.

HK, were you around when the whole TVIX issue happened?? CS stopped supporting the etf, the shares tumbled....

http://www.businessweek.com/news/2012-0 ... -low-price

http://www.marketwire.com/press-release ... 664061.htm

wow i had no idea whatsoever. maybe that's why my other friend was saying he preferred UVXY than TVIX. thank you so much for sharing

[heavenskrow]

Anyone have a chart on NUGT,XIV, UVXY? Thanks...

XIV

[uempel]

Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

TraderLady, you're into abbreviations: what's an F chart, Ford?

[fehro]

little messy... red bullish descending wedge or blue rising bearish wedge? ( ABC correction? ) still within the red channel. 50 SMA day 1332.70

[heavenskrow]

Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

Tradergirl, look at GM too breaking down from support today.
Also Ford had a weekly close below the red weekly candles giving us an earlier hint

[Al_Dente]

crude oil oy

[Petsamo]

NFLX getting slammed

[TraderGirl]

Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

TraderLady, you're into abbreviations: what's an F chart, Ford?

Yes, sorry, Ford....

[KeiZai]

euro breakout

[joe-gamma]

so techs catching up on the downmove and fincls rallying, trans and iwm trying to go higher....
Wise AL: any oversold indication from staples vs toys ratio?

Smarty Pants Joe
“Toys to Staples” Ratio
…..beats me… I thought she’d bounce, as her downtrend channel (wedge) is a bit steep
Her momo says positive diverg but nobody cares
[ps: u are NOT allowed to draw a bird, a butterfly, or a honey badger on this chart]

725toystostaples.png

not that creative, call BullBear.....hmmm buy toys or buy toiletpaper? =toy:tp indicator

[Petsamo]

Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

Tradergirl, look at GM too breaking down from support today.
Also Ford had a weekly close below the red weekly candles giving us an earlier hint

If you guys wanna short F, be careful. It's very oversold relative to IWM.

[TraderGirl]

Anyone have a chart on NUGT,XIV, UVXY? Thanks...

Here is GDX, still think we may get a lower low for a potential wave 5....currently trading in a descending triangle...

[Al_Dente]

Al, do you remember your baby... I use it daily
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250236810

Oy, what a handsome chart
btw: My intraday renko says the flag turned down at downward sloping MA resistance... again
INTRADAY ONLY; CAN CHANGE QUICKLY
[“My” chart stolen from benandlloyd]

725renko.png

Al, I like your intraday Renko, here a daily with exotic settings - not my idea, but it was love at first sight
PS: What are the settings of your Renko?

Renko1.png

uemp
Just send me a PM.
Am happy to share my settings with any on board who practice “mutual respect” (like u do).
I’m not posting settings any more on board as I don’t really want the “haters” and negative folks to find any value in my posts….…so there……

Old Al Dente strategy: block folks who can’t comprehend what “mutual respect” is.
But Cobra’s blocking feature is inadequate, so ….
New Al Dente strategy: block anyone who responds to mean-spirited posts
I apologize in advance to all nice folks for missing your posts….just quit replying to negative soap-opera loops already…
Pretty soon I’ll have everyone blocked except Cobra ! ………hmmmmm……actually not a bad idea

[TraderGirl]

Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

Tradergirl, look at GM too breaking down from support today.
Also Ford had a weekly close below the red weekly candles giving us an earlier hint

GM sitting at support created by the Oct and Dec 2011 lows....

[heavenskrow]

Here is an updated F chart....5th wave now below 3rd wave (sometimes 5 waves could be double zig zag as well). Looks like some support at 8.60-8.70, seeing pos d...but overall looks like could be forming a large H&S...

Tradergirl, look at GM too breaking down from support today.
Also Ford had a weekly close below the red weekly candles giving us an earlier hint

GM sitting at support created by the Oct and Dec 2011 lows....

our charts are different =[
you can see the 2 previous days holding onto that support..but today breaking down