01/15/2013 Live Update

[Cobra]

made the 1st score. overshot, so should see pullback here first.

[uempel]

ATTENTION GOLD
Gold forecasts from “the most-accurate gold forecasters”
Also noted: Soros is accumulating, but they fail to mention that Paulson is liquidating
http://www.bloomberg.com/news/2013-01-1 ... ities.html
Also, gold bugs better read this, re: Bundesbank to repatriate gold
The story has been confirmed by all the reliable news sources……this is the zerohedge twist on it……….so just ignore the conspiracy-theory parts
http://www.zerohedge.com/news/2013-01-1 ... w-york-fed

Update - GLD 1-15-2013.jpg

Here is the update on the wedge on GLD. I still don't think I can say it has decisively broken to the upside yet but it is worth watching if you trade gold at all.

SWEET thanks

I heard/read that the other big guys are squeezing Paulson, who is heavely levereged on the long side, apparently Paulson now owns 5% of the entire gold worldwide The other HFs want to squeeze him down to 1500...

[Mr. BachNut]

Battle at resistance.
A close above 100 hour would quash my inner bear.

ES 100 2.jpg

BachNut - pls, what's the other MA?

26 hour

[uempel]

Sometimes my trading-life is really annoying: I had a nice blue signal yesterday, but I didn't see that strong resistance with a red ellipse An intraday short would have been perfect. In hindsight everything is easy, but this was really negligent.

Looking forward: next move indicated by the ellipses is Tuesday after MLK...

66.png

Thanks Uempel, just so you know,I collect your big picture like this one.

As long as they are correct I don't mind, but if they are faulty: please trash

[uempel]

Battle at resistance.
A close above 100 hour would quash my inner bear.

ES 100 2.jpg

BachNut - pls, what's the other MA?

26 hour

Thanks - quite uncommon but it looks good...

[skittlesmds]

ATTENTION GOLD
Gold forecasts from “the most-accurate gold forecasters”
Also noted: Soros is accumulating, but they fail to mention that Paulson is liquidating
http://www.bloomberg.com/news/2013-01-1 ... ities.html
Also, gold bugs better read this, re: Bundesbank to repatriate gold
The story has been confirmed by all the reliable news sources……this is the zerohedge twist on it……….so just ignore the conspiracy-theory parts
http://www.zerohedge.com/news/2013-01-1 ... w-york-fed

Update - GLD 1-15-2013.jpg

Here is the update on the wedge on GLD. I still don't think I can say it has decisively broken to the upside yet but it is worth watching if you trade gold at all.

SWEET thanks

I heard/read that the other big guys are squeezing Paulson, who is heavely levereged on the long side, apparently Paulson now owns 5% of the entire gold worldwide The other HFs want to squeeze him down to 1500...

It has been one heck of a battle and probably will continue to be for a while.

[Al_Dente]

Relative strength
SPXEW (equal weight) is stronger
Maybe meaning this is a broad based rally (?)

[Al_Dente]

I heard/read that the other big guys are squeezing Paulson, who is heavely levereged on the long side, apparently Paulson now owns 5% of the entire gold worldwide The other HFs want to squeeze him down to 1500...

SWEET
Link me the next time u run across that
I love cat fights

crazy cat.png (274.54 KiB) Viewed 4173 times

[Mr. BachNut]

Battle at resistance.
A close above 100 hour would quash my inner bear.

ES 100 2.jpg

BachNut - pls, what's the other MA?

26 hour

Thanks - quite uncommon but it looks good...

Looks like resistance failed. Squeeze/stop run in progress.

[MrMiyagi]

Hey folks.. I slept in a bit.

[Cobra]

glad I'm wrong. yesterday's high the next target.

[Denali92]

Per previous comment - that to me is the key day - post opex and post holiday!

-D

Sometimes my trading-life is really annoying: I had a nice blue signal yesterday, but I didn't see that strong resistance with a red ellipse An intraday short would have been perfect. In hindsight everything is easy, but this was really negligent.

Looking forward: next move indicated by the ellipses is Tuesday after MLK...

66.png

[Al_Dente]

5 min
Wasn’t that a rising wedge?
It was supposed to break down?
Beware the “throwback” ?
http://thepatternsite.com/risewedge.html

[Al_Dente]

maybe my data is bad today (?)
nyadv 1400
nydec 1400
wha?
50/50

[uempel]

Blue cycle should hit at 1:30 p.m.

[BullBear52x]

Bearish wedge or ED

the big picture, I know many EW expert out there were all got their count base on it longer term, well, look at the last one out come, and guess who's in charge then to make sure the EW count will fail. and I bet the same guy will make sure that K-cycle will never come to fruitful in his life time smart dude, hint: I got this guy's name below the chart.

[cosmos]

cobra apple update?

[Cobra]

lunch time, will be back. normally, the rebound shall have legs.

[Al_Dente]

[deleted: my freestockcharts quote on xiv is bad]

[Cobra]

cobra apple update?

maintain what I said at 10:25 am ET in members only update.