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Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 11:21 am
by TraderGirl
UCO....following the bounce and pullback so far...there is a turn for oil on Nov 9th....
It's possible we see a low in the markets around that time as well....
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 11:32 am
by Me XMan
Good eye!
Cobra wrote:might be 3 push down here, so 2 legged rebound due?
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 11:33 am
by Cobra
very weak 2 leg up. no good.
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 11:34 am
by Me XMan
More time needed for the bounce?
Cobra wrote:very weak 2 leg up. no good.
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 11:35 am
by Petsamo
Da bulls have nothing to worry about. Yesterday's low on SPY is a long way down
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 11:36 am
by SigmaEcho
Cobra wrote:very weak 2 leg up. no good.
SPX hft ramp up coming or daily sma 20/sma 50 cross?
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 11:37 am
by Al_Dente
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 11:47 am
by Cobra
bulls need do more, still not good looking.
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 11:48 am
by uempel
Very long term weekly shows all the trouble up above 1450. But to quit the bullish game at 1434 is somewhat early
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 11:53 am
by Al_Dente
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 11:55 am
by victorm
uempel wrote:Very long term weekly shows all the trouble up above 1450. But to quit the bullish game at 1434 is somewhat early
jj.png
it's not the end of the day... hopefully we will see 1445 spx on monday...
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 12:02 pm
by KENA
The Institutional Holding Index is shaping up like last April-May area where the mkt could be on verg of a sharp dn turn after this next up move fails.We will just have to wait and see.
- Chart by stocktiming
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 12:11 pm
by Cobra
consolidation, still not good for bulls.
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 12:11 pm
by fehro
possible competing H&S patterns.. take your pick.. depending on which neckline breaks. H&S on 60m SPX possible target 1343ish. Another inverse H&S on the SPX15m, light blue one hit it's target, now a green one forming target 1465ish.
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 12:14 pm
by Al_Dente
bears need to push more here........ otherwise........boom
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 12:22 pm
by uempel
victorm wrote:uempel wrote:Very long term weekly shows all the trouble up above 1450. But to quit the bullish game at 1434 is somewhat early
The attachment jj.png is no longer available
it's not the end of the day... hopefully we will see 1445 spx on monday...
Problem is the 55 moving average at 1432.82. If prices rise and break that level it's a bullish signal. I presume not enough traders are convinced that they can pull the bullish move through...
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 12:23 pm
by Al_Dente
THANKS COBIE 4 reply
btw: this is what happened to the last guy who forgot to listen to the Cobra
- cobra bites.png (268.46 KiB) Viewed 3049 times
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 12:23 pm
by ClarkW
Sold some DUST 1.5 hours ago because going into meeting and didn't want GDX to ramp up, now I see she's at -3.56%, holy smokes. Regret for selling out but one would have to think a bounce is near, right?
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 12:24 pm
by uempel
Al_Dente wrote:bears need to push more here........ otherwise........boom
112five3.png
Yes...
Re: 11/02/2012 Live Update
Posted: Fri Nov 02, 2012 12:25 pm
by Mr. T
Is it nap time or something???
