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Thanks Steve and flmaia

EURJPY

Posted by angela on 24th of Jun 2010 at 03:53 pm

Thanks so much to both of you

EURJPY

Posted by angela on 24th of Jun 2010 at 03:24 pm

The EURJPY started to pullback and roll over from it's highs of the day at 2PM, that's when the market accelerated this last waterfall down to new lows for the day.  I don't have a stockcharts.com membership...can someone please show the recent euro to yen 1 minute chart?

XLE got to 61% fib

XLE 60min

Posted by angela on 24th of Jun 2010 at 11:53 am

It got down to the 61.8% fib, or a few cents below at 52.38, before turning around and leaving a hammer candle on the 5 minute, now 40 cents higher.

Or

Anyone just feel that earthquake up here in Canada in ...

Posted by angela on 23rd of Jun 2010 at 02:28 pm

or she should Start drinking, she just might after that

EURJPY, EURUSD popped big just now

Posted by angela on 23rd of Jun 2010 at 02:21 pm

bodes well if they're leading for a pop in the market, but just like futures big swing one way, then the other, then the other..down big now, just wait 2 minutes, it'll be the other direction, and so on.  Going to wait to trade until tomorrow.

EURJPY rising

Posted by angela on 23rd of Jun 2010 at 12:40 pm

On the 5 minute the 144 stochastics just got over 20, and the RSI is rising.  Still expect it to be choppy until after the FOMC meeting announcement at 2:15.

yes

OT - half time world cup football scores

Posted by angela on 23rd of Jun 2010 at 12:35 pm

you're right of course.  They've shown so many scenarios over the last few days, wasn't sure if we were in or still had another game with England, but since they beat Slovenia, that put Slovenia behind us, as they should be because that was another terrible call that negated the late goal that would have had us beating Slovenia instead of tying them.

Great!

OT - half time world cup football scores

Posted by angela on 23rd of Jun 2010 at 12:04 pm

A tie was one of the scenarios where we could get through, but thought if we tied, we had to play England again for a tiebreaker, thought no more than 2 get through from any group.   We deserve to get through, that one ref the last game we had against Slovenia cheated us out of a win, made a bogus call to nullify the winning goal so we tied them, then wouldn't explain who it was on or what happened.

not good for US

OT - half time world cup football scores

Posted by angela on 23rd of Jun 2010 at 11:20 am

I think there are a ton of different scenarios, but best case we want to win and have England lose to get into the next round.  Not looking good so far.  Thanks for showing the halftime scores, biketastic.

Uncanny!

Posted by angela on 23rd of Jun 2010 at 11:12 am

Steve, you are amazing and uncanny!  GDX reversed at just under the projected target of 51.5, and is already a dollar higher over the last hour.  Just like SDS yesterday, where do you guys keep the crystal ball? 

filling the gap now

GDX, GDXJ, and SLV

Posted by angela on 23rd of Jun 2010 at 10:54 am

look at the GDX 15 minute chart on Matt and Steve's useful dynamic stockcharts page, GDX is just now filling the gap, let's see what happens when it does.  Blew right through the gap with no hesitation, 60 stochastics are in the 70s already on the 5 minute chart.  Possible meeting some resistance now at the top of the BB, RSI turning down.  Would like for it to pull back quite a bit to get in.

GDX, GDXJ, and SLV

Posted by angela on 23rd of Jun 2010 at 10:45 am

GDX rebounding on 5 minute charts, slow stochastics 60, 89 and 144 in the last few minutes got over 20, gdxj just behind, SLV, SSO are lagging.  Also gdx broke out of a bullish flag in last 10 minutes, hoping for a little pullback to the line to get in, has been charging up the last 15 minutes or so.

Thanks BPT!!

GDX short

Posted by angela on 23rd of Jun 2010 at 10:18 am

I'm with you dallassteve, Matt and Steve are the best!  I also waited until today and made money on some GDX and SLV puts near the open.

Same with gold and silver futures

BIG move still coming soon

Posted by angela on 23rd of Jun 2010 at 01:46 am

Silver futures-@YI at tradestation, and especially gold futures-@YG, also have very tight Bollinger Bands with the BB inside the keltner channels on the daily charts, very tight on other timeframes too, mainly the 60 minute on gold futures is extremely tight.  

It's almost like there was an announcement coming very soon which could affect the money for the country, and currencies, commodities, and the way markets react to such an announcement.  yeah, as if that could happen....

BIG move still coming soon

Posted by angela on 22nd of Jun 2010 at 10:42 pm

Had to go to the grocery store, just got home before 10:30 PM EST, and the Bollinger Bands are getting very tight on everything on various timeframes, on the futures-@ES on the 15 minute and daily charts, on the dollar-@DX on the 15, 30 and especially the 60 minute is extremely tight, as well as the daily, similar for the EURJPY on the daily chart.  On all these the bollinger bands also went inside the keltner channels, which precedes a large move once they pull away and get back outside the keltner channels.  On the dollar at least, it seems like it got to a double top of over 86.5 for the day about 9 PM before backing off with a lower RSI.  May be more confirmation of marketguy's showing the weekly Aroon turning up if the dollar has another downturn= EUR up and bullish for the markets.

Yes I remember seeing her on quite a bit during the 07-09 decline, sometimes on Fast Money, and other times in the middle of the day.  Think she stopped being on as much because she was always making bearish calls, but she was right at the time.  Haven't seen her in several months, maybe a year.  

I don't recall ever seeing Carter Worth miss a call, maybe you've seen him more than I have.  He was right in early Feb. when he said the market bounced off the 150 MA and would bounce, and it did, and lots of other calls on individual stocks or sectors have seen him be correct, earlier this year everyone on Fast Money and other analysts were saying Google would go higher, but he showed a similar chart as Apache today, and Google went down like he said, the lone but correct one.  And I have seen a lot of traders and analysts on the show say the market is going to be 1250-1300 or higher by year's end in the last few months.  Definitely don't hear that here, the voice of reason.

Chartologist Carter Worth on Fast Money

Posted by angela on 22nd of Jun 2010 at 08:08 pm

That's what they call him there, but he's actually the chief technical analyst at Oppenheimer Asset Mgmt., unfortunately he's only on every 2-3 weeks, rarely incorrect.  Today he was showing one of his usual MAs he uses for smoothing daily charts, the 150 MA.  First showed APA-Apache, and how after rising and being above the MA for a long time, got well below the 150 MA the last month, dropping from 110 to 85, then rose the last couple weeks with nat. gas and just touched it yesterday.  Once the stock starts to roll, it bends the 150 MA and flattens it out, then starts to pull it down when it goes below.  He said that the people who didn't get out when it took the big drop were happy that it came back to that level, and took advantage of that and got out, started selling at that point, and APA has sold off 7% the last 2 days, reached about 100 Mon. on the retest of the MA, and got down to 93 today.  Here's the APA chart:

http://stockcharts.com/h-sc/ui?s=APA&p=D&yr=1&mn=0&dy=0&id=p18167279125

He said that is what the general market is doing too.  Look at the $SPX, he said it stopped dead cold at it's 150 day MA yesterday, the MA has flattened out, and sellers are coming in, taking advantage of a rise to this level when they didn't get out on the big drop earlier.  But he doesn't expect it to crash to 600, but 980, although the consensus is the markets will be quite a bit higher at year's end, that's why it won't happen, he states.

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p74468916555

yes, thanks

SPX 60 Min. & RUT 30 Min EOD

Posted by angela on 22nd of Jun 2010 at 05:56 pm

Thanks for mentioning that it shows bullish and bearish possibilities.  so That explains it, had me con-foos-ed.

thanks but confusing numbers

SPX 60 Min. & RUT 30 Min EOD

Posted by angela on 22nd of Jun 2010 at 05:10 pm

thanks very much for providing these GET charts peridot.  Guess I'm reading them incorrectly though.  It looks like on the SPX it shows this as a wave 4 pullback, maybe going a few points lower, then pushing up in wave 5 higher, all the future projections are above where we are now.  Just the opposite on the Russell, all the future wave counts are beneath the price, except maybe 4 is at or just above where we are now. They can't both be right, and the the SPX is going to go up a lot of points and the Russell down by a lot at the same time?  That's just how it appears to me, the only numbers shown are 4s now, and 5s well above the current SPX price soon, and the reverse, the 3s and 5s are well below on the Russell.  Can you explain please?  Even given that the Russell is a 30 minute and the SPX is 60, it appears that the drop in the Russell projected would have the SPX pulling back a lot further than what is shown to come close to lining up with it.

great for any kind of trading whatever you're using, cspirit.

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