Stock Market Intraday Chat: Apr 2nd - 6th - Page 17

Wow, awful close on the DAX, had every chance to hold above a 3% loss and sliced through it right into the close.

My gut makes a mighty fine contranian indicator the vast majority of the time, especially when it says, "double down!"  S&P support 1387 then 1374-ish.
 

 

Technically, we're still in one hell of an uptrend, though it seems a bit more volatile over the past few weeks. If it keeps doing what it has been doing, we should see a move up to new highs right here.

SOH for me until EOD unless we start flirting with 86 or 03

 

waiting for oil to close over 101.64 for my long signal. 

 

would like to see NQ close over 2736 for longs. 

Quick question: What is ES? Is that related to the S&P500?

 

 

 

Not sayen we can't go up but I agree with Ichi. I have to see 86 or 03.

 

 

 

E mini S&P. /ES on your chart.

 

You don't know my levels chief! 

 

Turn your chart on its side. Much higher probabilities can be seen 

*Tap *Tap *Tap.  I can't tell if my screen is broken.  I want some more wild swings!

 

Dang, even when I agree with you I get nuthen but a bad time. I just turned my chart 90 deg and it is much better.

i dont follow the VIX until recently.

at what point should the vix be before a sigh of relief?  vix now at 17.10, (+9.20%)

Here is my $.02.. I think tomorrow we see another 1% drop. So far our drop followed the drop in Taiwan on Monday and will see if it follows the drop on Tuesday.

 

 

http://finance.yahoo.com/echarts?s=^TWII+Interactive#symbol=^twii;range=5d;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

 

If Ben comes around with that invisible hand then the bull run is still on and continue to climb after all dips which are seen as a buying opportunity but if that hand is out of this market then we can only drop from here and head further south.

 

nothing but a good time!

 

NQ must have just run a load of stops there on that quick dip under 2730... wait now it wants lower. Lackluster bounce, not much in metals, Bonds were not ticking up against the market much this morning but have been drifting up in last hour. Breadth holding in the "I'm drowning" zone... very high danger... if this was a beach the red flags would all be up.

2hr charts

NQ close below my level...still short

same thing with Oil

 

Would like to see both close above these levels and then pullback long.