|
|
Post by abdogman on Jul 2, 2010 9:05:32 GMT -5
xlf macd neg as is fas on 1m
xlf at 13.58 on 1m
|
|
|
|
Post by abdogman on Jul 2, 2010 9:10:45 GMT -5
BB's on Vix 1m started spreading at 1002EDT and vix ran up for 3min then started to drop
BB's on Eur Got narrower then stopped close and stayed narrow
xlf and fas macd on 1m now just pos
xlf at 13.63
|
|
steel
Futures Trader
5th Place - Road to Opex 4
Posts: 370
|
Post by steel on Jul 2, 2010 9:11:01 GMT -5
CashFilly Update:
Just going to have to react to jobs numbers but I believe the media over killed this one. Yesterday should have been a 200-300 point down day but short covering around noon drove prices up... I believe that took place because everyone wants out of NYC for the long weekend. I think that unless the Numbers are just shocking, we should see a relief rally into the long weekend but be really careful. If we do, we will prolly sell off in the final thirty minutes due to profit taking. Longer term than today, I think spx breaks 1000... I like 989. But that's a guess... We're making a new range now and earnings are going to make this crazy along with the delayed fin reg. I don't have cut and dry numbers but could see FAS at 12.50 if earnings r bad. For right now (at least until pre-market I'm holding fas...drn...drv...erx at 22.56..new. Tza.. Vxx. Edz at 44.27...that's all
|
|
|
|
Post by abdogman on Jul 2, 2010 9:16:33 GMT -5
BB's tight on xlf fas faz on 1m
xlf testing PP now
xlf at 13.63-65 on 1m
|
|
|
|
Post by jack on Jul 2, 2010 9:16:57 GMT -5
Bottoming tail last 10min FAS candle(?)
SPYs macd, OBV and momo on the upswing
VIX heading lower and Euro up there
...and my tomato plants are healthy which is the most important thing!
|
|
|
|
Post by drtracyb on Jul 2, 2010 9:17:31 GMT -5
...and my tomatoes are healthy which is the most important thing! I just picked my first tomato yesterday :-) |
|
|
|
Post by abdogman on Jul 2, 2010 9:18:48 GMT -5
Xlf 13.68 on 1m
|
|
|
|
Post by jack on Jul 2, 2010 9:21:48 GMT -5
...and my tomatoes are healthy which is the most important thing! I just picked my first tomato yesterday :-) My plants are more than 6' high now in the cages I made for them (they are over-achievers unlike their keeper). |
|
|
|
Post by ccash04 on Jul 2, 2010 9:24:34 GMT -5
Looks like all the bears/shorts are gone today vacationing early from all the money they made the past quarter  |
|
|
|
Post by jack on Jul 2, 2010 9:25:07 GMT -5
I gonna go way out on a limb here and say that we are (momentarily at least) in the relief rally Cashfilly suggested might occur. Have I included enough caveats to that statement?
LOL!!!
|
|
|
|
Post by ccash04 on Jul 2, 2010 9:27:17 GMT -5
I think you sufficiently managed to qualify everything you just said lol
|
|
|
|
Post by jack on Jul 2, 2010 9:28:08 GMT -5
Parabolic just formed OVER the 1min SPY (a short-lived relief rally I guess!) LOL!
|
|
|
|
Post by abdogman on Jul 2, 2010 9:30:26 GMT -5
macd neg now on xlf fas
xlf just above PP
xlf now 13.645 on 1m
|
|
|
|
Post by abdogman on Jul 2, 2010 9:37:07 GMT -5
xlf 13.61 on 1m
|
|
|
|
Post by ccash04 on Jul 2, 2010 9:40:33 GMT -5
BIIB running on takeover rumors, high vol. and high option vol. today 20 times normal today
|
|
|
|
Post by jack on Jul 2, 2010 9:42:03 GMT -5
Parabolic just formed OVER the 1min SPY (a short-lived relief rally I guess!) LOL! Parabolic about to switch to BELOW w/ macd's pos and OBV/momo on the upswing Mr VIX, however, just got a parabolic UNDER (pig poop!) |
|
|
|
Post by abdogman on Jul 2, 2010 9:45:54 GMT -5
BB's narrowing to tight on xlf fas faz
xlf at 13.61 on 1m
|
|
|
|
Post by jack on Jul 2, 2010 9:48:42 GMT -5
Parabolic just formed OVER the 1min SPY (a short-lived relief rally I guess!) LOL! Parabolic about to switch to BELOW w/ macd's pos and OBV/momo on the upswing Mr VIX, however, just got a parabolic UNDER (pig poop!) Euro hovering at 1.29 all morning - same action as yest and we fly when the FTSE closes? |
|
steel
Futures Trader
5th Place - Road to Opex 4
Posts: 370
|
Post by steel on Jul 2, 2010 9:51:11 GMT -5
FAS 10' doji @ pp
|
|
|
|
Post by abdogman on Jul 2, 2010 9:52:03 GMT -5
xlf 13.59 on 1m
|
|
|
|
Post by abdogman on Jul 2, 2010 9:53:09 GMT -5
,BB's on 1m xlf fas faz spreading slowly xlf and fas on lower BB channel
|
|
|
|
Post by jack on Jul 2, 2010 9:56:14 GMT -5
,BB's on 1m xlf fas faz spreading slowly xlf and fas on lower BB channel Parabolic OVER formed on xlf... |
|
steel
Futures Trader
5th Place - Road to Opex 4
Posts: 370
|
Post by steel on Jul 2, 2010 9:58:49 GMT -5
,BB's on 1m xlf fas faz spreading slowly xlf and fas on lower BB channel Parabolic OVER formed on xlf... Was hoping we were at LOD for ROD (rest of day) I mean no lower and last time we see it. |
|
|
|
Post by deadmoney95 on Jul 2, 2010 10:00:13 GMT -5
Mr. Sunshine is still seeing brightness "dead ahead":  Carl F: Here is a point and figure chart covering the same period of trading in the September e-minis as the bar chart I discussed yesterday. This chart is a five point box, one box reversal chart of 24 hour activity in the e-mini. One reason I like point and figure charts is that they can offer subtle clues about shifts in the balance of power between buyers and sellers. Generally speaking, sellers are in control when the chart shows more extensive sideways areas at the top of rallies than it does at the bottom of breaks. Buyers are in control when the sideways trading areas at the bottom of breaks are wider that those at the tops of rallies. On this chart I have used red dash ovals to highlight the trading areas that developed while the sellers controlled the market. There was little sideways movement at lows but quite a bit of it at highs. But in June the situation has gradually changed. The market started to show more extensive trading areas near lows than near highs (green dash ovals). In particular the trading range that has developed yesterday and today is growing by the hour and is already almost as big as the one that developed near the June 8 low and will soon be bigger than the one near the June 21 top. Moreover it is developing right at the lower trend channel line defined by the flash crash low and the May 25 low. This is one more piece of evidence that buyers are assuming control of this market and that an extensive rally lies dead ahead. |
|
|
|
Post by abdogman on Jul 2, 2010 10:02:39 GMT -5
xlf 13.55 on 1m
|
|
|
|
Post by abdogman on Jul 2, 2010 10:03:40 GMT -5
Vix running up on 1m
|
|
|
|
Post by jack on Jul 2, 2010 10:05:51 GMT -5
Mr. Sunshine is still seeing brightness "dead ahead": Carl F: Here is a point and figure chart covering the same period of trading in the September e-minis as the bar chart I discussed yesterday. This chart is a five point box, one box reversal chart of 24 hour activity in the e-mini. One reason I like point and figure charts is that they can offer subtle clues about shifts in the balance of power between buyers and sellers. Generally speaking, sellers are in control when the chart shows more extensive sideways areas at the top of rallies than it does at the bottom of breaks. Buyers are in control when the sideways trading areas at the bottom of breaks are wider that those at the tops of rallies. On this chart I have used red dash ovals to highlight the trading areas that developed while the sellers controlled the market. There was little sideways movement at lows but quite a bit of it at highs. But in June the situation has gradually changed. The market started to show more extensive trading areas near lows than near highs (green dash ovals). In particular the trading range that has developed yesterday and today is growing by the hour and is already almost as big as the one that developed near the June 8 low and will soon be bigger than the one near the June 21 top. Moreover it is developing right at the lower trend channel line defined by the flash crash low and the May 25 low. This is one more piece of evidence that buyers are assuming control of this market and that an extensive rally lies dead ahead. Okay but its the "dead ahead" part which bothers me...lol |
|
|
|
Post by abdogman on Jul 2, 2010 10:07:41 GMT -5
BB's closing on vix 5m
vix on 1m ran up from 1056EDT thru 1104EDT then started to come down again
xlf 13.57 on 1m
macd went pos for xlf fas on 1m 2 mins ago
|
|
|
|
Post by ccash04 on Jul 2, 2010 10:10:16 GMT -5
GOOOOALLLLL!!!!
|
|
|
|
Post by abdogman on Jul 2, 2010 10:11:26 GMT -5
BB's narrowing on 1m for xlf fas faz
xlf at 13.56 on 1m
|
|
