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Gleno
Bloomberg: "U.S. stocks dropped and Treasuries rallied after Federal Reserve Chairman Ben S. Bernanke said the economic outlook remains “unusually uncertain” even as the central bank prepares to eventually raise interest rates."
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PS
Remember it was Clinton who was in office when NAFTA came to be. This has been a Dem vote producing machine ever since.
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YRT1
China released its CPI 2.9% & GDP11.9%
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Nope
Broke up out of that headlock. Looking like the same pattern we've been seeing since Monday, shake em up a bit,some sideways and then more up.
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blasher
You might be right. The ES's are stuck between two MA's that I use and that usually happens prior to a drop. Although the daily chats still have room for up, we are OB on most other time frames and need to reset.
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blasher
Dont think we will test that level today, possibly tomorrow or Thursday. Looks like some more up from here.
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blasher
I think we will have a little down tomorrow and then a run to 1090 - 1110 level by Wed. Max pain on the SPY's is around 110 - 111. Probably settle around 108 for the week.
JMHO
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Repeat after me.
NEVER SHORT A DULL MARKET!!!!
<g>
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Gleno
Have you crossed over to the dark side???? With a number replied to Foots first post of this thread, it would seem you are sending a coded missive. Did you start working for GS recently???
LMAO
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smartone
And SPY's is 111
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denmo
Do you still see rez on the ES at the 1079 area?
TIA
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Harleyboy
"SPY will hit the 20dma around 107.73 and then flush out. "
You might be right for the day as it is a Friday after a nice move up this week, but all in all I think the 50sma would be more likely possibly by next Tues or Wed.
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Trans = Dow Jones Transportation Average
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blasher
"until we Close above $SPX=1070 "
OK Now what?????
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True That!!!!
O blasherful one <g>
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VIX
Almost closed gap from yesterday at 27.06 watch that area for reversal.
Also the ADV / DECL model I use is starting to turn back up.
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blasher
Watch the TRANS. Usually when its a cash rally the TRANS leads the SPX, when its got legs, they are usually in lockstep.
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Hey 2bit
Great to see you posting, look forward to your ADV / DECL ideas.
On your chart, re you looking at the purple TL as 1st resistance? I see that same area, 1080 - 90 as major hurdle.
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denmo
What are your "R" levels on the ES's Im seeing 1052. I remember that the 1079.5 was very strong rez a little over a week ago.
TIA
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Gleno
Looks like we just might rampo into the close.
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Gleno
Have you tried the simplest possibility? Can it be that you have the speakers plugged into the mic port?
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Gleno
I do not know about by Fridays close, but the pits in Chi town are expecting a 20 handle up day real soon.
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desert
Im not understanding. Click on the image button in file type, then browse your pc for the file. Once its uploaded, copy the entire line in the image code for forums and message boards, and then paste it in your message to this thread. Hope it helps.
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Ahhhh an amendmant,
figured it would have to be something a lawyer dreamed up lol
No offense attorneys of this thread.
No were in the original constitution did it separate Church and State.
Christianity was the religion of the majority of our settlers, and founding fathers.
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bridge
Oh please provide some proof to that claim! And not something from some bleeding heart liberal.
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desert
http://tinypic.com/
Pretty simple
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nope Ive been watching the same thing and now the ES are below one of the MA's that I use as a first stop. Time will tell if this is just a hiccup or the MF's have left the building on this Monday.
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denmo
Thanks, I thought it might have been all the congestion in that area.
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denmo
What is giving you that 1079.50 number as strong resistance?
TIA
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Gleno
Link please.
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LMAO good one
denmo
probably so as da boyz like keeping us guessing. Have a great weekend.
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denmo
so with such a strong resistance at 1079.xx, wouldnt it make sense that they would gap it up over that level on Monday?
Just my 2cents
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EDIT:Well watching the futes, then again maybe not lol
Gleno
I noticed and as usual, great job and many thanks for your daily insight.
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denmo
You must be right about that "iron ceiling" they have been selling the ES anywhere near 1078.
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Thank You
denmo
"needs to move over ES 1073 to get anything going on the upside"
Would that need to be on a closing basis in your pinion?
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Gleno
I guess he hasn't!
http://www.msnbc.msn.com/id/37866754/ns/us_news-military/
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experttrader1
This is not a barb in anyway, just a question. How often has your signal produced a result as it has from yesterday until the current time? And what is the longest that the signal has stayed at that high of a level before the markets (if) responded?
TIA
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expert
When you said a high of 32, were you referring to a reading from today, or is that the highest its ever been?
TIA
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