02/09/2016 Live Update

[fehro]

SPX.. resistance.. over yesterday's afternoon high.. 1873-1880 may have a chance at a gap fill… bearish rising wedge.. if it's slow chop up.

[Cobra]

members only update at 10:03 am
http://www.cobrasmarketview.com/2016/02 ... ay-update/

[uempel]

Waiting for Yellen's talk in Washington tomorrow:

Daily SPX linear

[Cobra]

morning hourly hollow red.

[Trades with cats]

We are supposed to see buying exhaustion happening sooner as the money dries up. All the buyback cash is now a limited pool as the credit markets are freezing up. Have to adjust perceptions, but patterns that have been successful for the last several years are hard to forget and the new patterns aren't proven so they come with doubt.

[fehro]

NDX strong , new HOD again

[Out of Bounds]

Switching from long to short

[fehro]

yesterday's gap bigger resistance zone. horizontal resistance.. 60m middle chart…. dark yellow

[uempel]

Bullish Percentages down again today after yesterday's plunge. In my opinion BPs are not a very good indicator these first days in February. I think SPX is too volatile while the BPs tend to react much slower.

http://stockcharts.com/freecharts/candl ... BPENER|B|0

[brokebybernacke2]

theta day, ready for next move down...

[josephli]

USDJPY shows signs of possible bottoming process. most likely there will be another leg down. then we will see.

[DellGriffith]

Wow that was easy money if you bought that open.

[josephli]

Wow that was easy money if you bought that open.

it wasn' easy. very hard to foresee such strong move with big down gap.

[DellGriffith]

Wow that was easy money if you bought that open.

it wasn' easy. very hard to foresee such strong move with big down gap.

My system was screaming a buy at yesterday's close so, anything below that price point was amazing. we should be going even higher. imo of course.

[gappy]

15 minute. Cloud butt, overbought, above the bolly, but out of the channel. Place your bets.

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Vote Cobra. glta

[Out of Bounds]

Cover short. Flat now.

[Tutti]

We are supposed to see buying exhaustion happening sooner as the money dries up. All the buyback cash is now a limited pool as the credit markets are freezing up. Have to adjust perceptions, but patterns that have been successful for the last several years are hard to forget and the new patterns aren't proven so they come with doubt.

=recency bias

[uempel]

DAX making moves of nearly 2 percent in 90 minutes. Up at the US open, down more than 1 percent in the last 30 minutes ...

[fehro]

SPX lower channel.. possible support… otherwise lower trends dabble small long here.

[gappy]

Silver. 15 minute.

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Will reconsider if momentum returns. The low hanging fruit has been picked.