06/20/2012 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks!

If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday: http://stockcharts.com/public/1684859, thanks!


Flat open, so any gap will be filled.

Key time for Global ES as it's now testing the 06/19 highs, anytime testing the previous extremes, there's a chance of reversal, so let's wait. The pattern is not large enough to be any real threat though so even the test failed, it might be just a small pullback.

One more thing, don't forget FOMC announcement is 12:30pm, not 2:15pm traditionally.

[Al_Dente]

Greece continued up (black dashed line). If you substitute symbol GREK, same up.
Note the growing spread between $BKX and Europe
[ps Spain’s biggest bank Banco Santander symbol STD was changed to symbol SAN]

http://stockcharts.com/h-sc/ui?s=$BKX&p ... =252469497

[cougar]

Greece continued up (black dashed line). If you substitute symbol GREK, same up.
Note the growing spread between $BKX and Europe
[ps Spain’s biggest bank Banco Santander symbol STD was changed to symbol SAN]

http://stockcharts.com/h-sc/ui?s=$BKX&p ... =252469497

LOL! Isn't that something???
BTW… my EWP short trade is in the toilet! This piece of junk was TAKEN UP…but I am staying with it! This cougar doesn't run away!
MANIPULATION...¿Hasta cuándo?

[cougar]

VIX gave an early and timid BUY signal.
Confirmation => when it crosses 19.99!
Sounds like WS price? Ha-ha!
Charts at closing: Friday and yesterday

[ClarkW]

Greece continued up (black dashed line). If you substitute symbol GREK, same up.
Note the growing spread between $BKX and Europe
[ps Spain’s biggest bank Banco Santander symbol STD was changed to symbol SAN]

http://stockcharts.com/h-sc/ui?s=$BKX&p ... =252469497

LOL! Isn't that something???
BTW… my EWP short trade is in the toilet! This piece of junk was TAKEN UP…but I am staying with it! This cougar doesn't run away!
MANIPULATION...¿Hasta cuándo?

I'm still in EDZ (3x EM bear) as well. Looking to add position soon (today/tomorrow)

[Cobra]

the open.

[Al_Dente]

Tom McClellan on his overbought McClellan Oscillator NYMO
http://www.mcoscillator.com/learning_ce ... scillator/

[cougar]

I am out of both AAPL and AMZN.
=================
This is also a test:
According to these charts, which one would you rather play:
AAPL => day trader
AMZN => swing trader

...I am a swing trader...

[Al_Dente]

Keep an eye on TBT, it just gapped open.
I expected to see a bit more bond selling [edit: TBT should be up a bit more] to fund stock purchases ...
Last time bonds diverged like this, when folks forgot to sell bonds (Feb, blue lines), there were SPY pullbacks and a decent little early March correction.
One or the other happens: spy pulls back, or folks SELL MORE BONDS, can’t have it both ways too much longer….
http://stockcharts.com/h-sc/ui?s=UDN&p= ... =268490126

[KeiZai]

VIX gave an early and timid BUY signal.
Confirmation => when it crosses 19.99!
Sounds like WS price? Ha-ha!
Charts at closing: Friday and yesterday

Thanks cougar great chart...as always!

[Cobra]

possible target.

[KeiZai]

TG if you will have a time can you please post your dollar chart? I found this ?P-bar? this morning and I don´t like it

[TraderJoe]

TG if you will have a time can you please post your dollar chart? I found this ?P-bar? this morning and I don´t like it

Also TraderGirl, please post your chart of NUGT with the Bear Flag and if you have time, post your target if it broke the flag. Thanks again!!

[knock]

TG if you will have a time can you please post your dollar chart? I found this ?P-bar? this morning and I don´t like it

never saw pbar on futures. this is really interesting.

[OverUnder]

Interesting, the yellow and blue channel lines on XIV form a perfect symmetrical continuation triangle for the uptrend.

[TraderGirl]

TG if you will have a time can you please post your dollar chart? I found this ?P-bar? this morning and I don´t like it

I wish this chart said more, there is a chance we have pos d on TSI on the hourly, but it is in a downtrend channel....that p-bar is scary....

[Al_Dente]

Bears start out weak: nydec 1400 now 1300
This is five minute internals
[not on this chart: aud/jpy breakout; eur/usd not]
620five.png

[KeiZai]

Thanks TG!


very strange behavior, bonds down - metals down - commodities down - dollar down - indices down - euro up WTF?

[Al_Dente]

VIX and futures make unusual moves
http://www.optionmonster.com/news/artic ... 70015.html

[SWalsh]

Channel violations like this used to be pure gold....until they fed this into SKYNET too....HFTs doing some selling. But EXPERTS tell me they don't affect the mkt so I won't post the activity: