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Post by abdogman on Jul 15, 2010 9:52:28 GMT -5
xlf on 1m bouncing off R at 14.5333 now at 14.51 on 1m
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Post by elle on Jul 15, 2010 9:52:54 GMT -5
You'll be able to get a b/e stop set on the bounce and you can take it from there. Worst case you are out flat today. Just my two cents. Okay, it's done. Leawing for awhile tho', otw if I watch, I'll keep mowing my stop.
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Post by ukarlewitz on Jul 15, 2010 9:53:48 GMT -5
Clinton, you may be right but you can never know. The 200hma is rising and 60' is a series of higher Hs and Ls, so that's the trend until its not the trend. The daily is still a mess. I think we will break north of the 50dma but that's an opinion and personally I'm trying to take all opinions out of the system.
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Post by sp7015 on Jul 15, 2010 9:58:56 GMT -5
AAPL bouncing off lows
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Post by abdogman on Jul 15, 2010 10:00:33 GMT -5
macd on xlf fas on 1m just neg now xlf 14.4999 on 1m BB's still narrow on 1m for xlf fas faz
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Post by ukarlewitz on Jul 15, 2010 10:02:02 GMT -5
Euro continues. 129 is pivot from May. And the 20wma.
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Post by elle on Jul 15, 2010 10:02:40 GMT -5
If we're going to b/t the line we broke Tues, we hawe a way to go yet (1070), say it ain't so.
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Post by maxi on Jul 15, 2010 10:03:17 GMT -5
Couple of indicators my friend watches TLT and FXY.. and his commentary today.... Note the gap up on FXY this morning and then it and TLT sprinted hard and fast at a certain point, much of the move before the market sold off. Also note that the US dollar tanked and the market was pulling back -- another sign of bad things to come. If FXY starts to pull back and TLT pulls back hard then sell off over. But I'm thinking we are headed to at least 1070. But 1080 may serve as the low for today. Watching TLT, FXY, FCX et for further clues on what mkt will do.
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Post by abdogman on Jul 15, 2010 10:05:12 GMT -5
BB's spreading on 1m xlf fas faz fas and xlf on lower channel xlf at 14.46 on 1m
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Post by abdogman on Jul 15, 2010 10:06:16 GMT -5
Eur and Vix on 1m BB's spreading and both are moving up
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Post by abdogman on Jul 15, 2010 10:13:54 GMT -5
xlf 14.47 on 1m macd on 1m for xlf and fas pos last 2m's
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Post by Clinton SPX on Jul 15, 2010 10:14:09 GMT -5
Euro is the only thing holding this market up, when/if it turns, look out below
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Post by ukarlewitz on Jul 15, 2010 10:14:10 GMT -5
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Post by ccash04 on Jul 15, 2010 10:14:14 GMT -5
Couple of indicators my friend watches TLT and FXY.. and his commentary today.... Note the gap up on FXY this morning and then it and TLT sprinted hard and fast at a certain point, much of the move before the market sold off. Also note that the US dollar tanked and the market was pulling back -- another sign of bad things to come. If FXY starts to pull back and TLT pulls back hard then sell off over. But I'm thinking we are headed to at least 1070. But 1080 may serve as the low for today. Watching TLT, FXY, FCX et for further clues on what mkt will do. Also watch the AUD/JPY cross.
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Post by abdogman on Jul 15, 2010 10:20:55 GMT -5
BB's narrowing on 1m for Eur
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Post by ukarlewitz on Jul 15, 2010 10:21:42 GMT -5
Breadth after the dump- Ny 3:1 neg issues, 5:1 neg vol Nq 4:1 neg issues, 6:1 neg vol
S2 holding off the low ticks for the time being.
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Post by ukarlewitz on Jul 15, 2010 10:23:58 GMT -5
vwap at 108.9
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Post by jack on Jul 15, 2010 10:24:20 GMT -5
did jack just call me a girly bottom man? i need to go back to hawaii. Actually DM it was about one's ability (or not) of being able to remain objective based on all data vs being blind-sided by one's own bias....which is something I grapple with. ...wasn't meant to be anything personal.
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Post by abdogman on Jul 15, 2010 10:24:24 GMT -5
vix BB's on 1m spreading now and vix has been dropping over last 15 m on 5m
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Post by ukarlewitz on Jul 15, 2010 10:30:41 GMT -5
TNX - this is the bigger problem. Got rejected at 3.1% (top line) and the risk is falling into the big zone below. Still weak. Uploaded with ImageShack.us
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Post by abdogman on Jul 15, 2010 10:34:39 GMT -5
BB's narrowing on xlf fas faz 1m macd just neg on xlf fas Vix on 5m level last 10 m xlf 14.50 on 1m
BB's coming in hard on vix 1m
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Post by abdogman on Jul 15, 2010 10:36:24 GMT -5
UK ....Congrats on ur 200 th Karma point
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Post by ukarlewitz on Jul 15, 2010 10:45:19 GMT -5
Senate, by a Vote of 60 to 38, Clears Way for Final Passage of Far-Reaching Financial Bill
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Post by abdogman on Jul 15, 2010 10:47:07 GMT -5
BB's spreading on Eur 1m now and it is dropping some xlf 14.49 on 1m
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Post by abdogman on Jul 15, 2010 10:59:54 GMT -5
BB's narrow on vix 5m and 1m xlf 14.47 on 1m
**time for Dog(s) and lunch back appx 1400 Good Luck **
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Post by ask2lern on Jul 15, 2010 11:32:05 GMT -5
From www.optionmonster.com.................... Potential bearish pattern on Apple chartJuly 15, 2010 Thu 10:36 AM CT There is a potential bearish pattern on Apple's daily chart ahead of tomorrow's scheduled press conference. The AAPL pattern is one that I would rank as speculative, given that the market reaction to that conference could be positive, in which case, the pattern will never trigger. Yet as I have mentioned a few times with "head and shoulders" patterns, those that are never activated can actually have very strong upside reactions. So regardless of your view of Apple, therefore, the presence of the potential pattern is important. Uploaded with ImageShack.usThe pattern will only become active on a break below the $243 area, shown by the sloping red line. Downside potential for the pattern, if it triggers and completes, is to the $205 area. That would break the 200-day moving average, which is long-term uptrend support. If there is no break, there is no active pattern. The 10-day moving average is first important resistance, at $253.14. (Related story on Inside Options) (Chart data provided by Thomson Reuters) By: Bryan McCormick ...........................GLTA
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Post by deadmoney95 on Jul 15, 2010 11:32:31 GMT -5
More from my dealer: 1.bp.blogspot.com/_sL6ril9lDkw/TD80GQXGFZI/AAAAAAAACVY/0bGdGBKhNvI/s1600/100715+1215+pm.jpgHere is an hourly chart showing 24 hour trading in the e-minis. The market has bounced off the initial target near the descending red trend line around the 1100 level. It has dropped about 23 points from its high this morning made after the initial employment claims number came out. This is just a tad less that the previous biggest reaction of 25 points (blue rectangles). Today's low (thus far) is just a couple of points above the rising green dash trend line. So I think the market is going to be supported near 1075 (lower green oval) and then begin another swing upward. The next upside target is roughly 1130 (higher green oval). That level is near the top of the rising trend channel and at the level of the June 21 high of 1129.75 (horizontal red dash line). It is also worth noting that 1127 is the midpoint of the 2007-09 bear market which dropped prices from 1587 to 666. I think the ES is in the very early stages of an extended up move. I think this move upward will last into the first part of 2011 and carry the S&P 500 to at least the 1340 level. Cos: changed to link for the graphic, was stretching screen
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Post by cosmic on Jul 15, 2010 11:37:20 GMT -5
Symmetrical triangle on the 10 minute - different volume structure than before. Interesting to see which way it breaks.
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Post by maxi on Jul 15, 2010 11:39:25 GMT -5
More from my board...... For now ignore the dollar. The $tnx and tlt run the show. The TLT hit the 60 min 200da moving average. We are now in a new uptrend fork on the tlt. We should have a slight pullback on tlt and then the tlt will run near the top of the fork. Previous expansion 96-102.50 (2 weeks) so 98.25 +6.50= 104.75. So i look for a pullback to end of july then an end of month rally stockcharts.com/h-sc/ui?s=TLT&p=60&b=5&g=0&id=p96980712330&a=203838189 (the forks don't come thru on this but the chart does)
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Post by jack on Jul 15, 2010 11:46:30 GMT -5
MAYDAY MAYDAY MAYDAY!!!
Is DM's chart causing the last 60 to over extend?
Thx
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