10/22/2013 Live Update

[Cobra]

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Kind of consolidation range breakout so the chart is bullish biased. NFP day usually open high go lower or open low go higher, let's see.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/10 ... ay-update/

[stlwater]

Open market volume pre-9:00am....

[gappy]

Hightower for fun only. glta.

gold.PNG

[fehro]

SPX 15m

[uempel]

This system suggests resistance at 1755 and 1775 - so let's look for 1755

[fehro]

SPX 15m close-up

[fehro]

SPX 15m.. possible channel tag coming up shortly.

[uempel]

Now let's see if SPX 1755 holds

[fehro]

SPX daily *added closer view

[wayne0708]

Cobra:
Please print us an exhaustion candle soon

[Heck]

Just bought QQQ and SPY puts on LODs
Volatility premiums low
ALL ISEE high
EQ ISEE below 200%
http://www.ise.com/market-data/isee-index/
Also, Cobra comment NFP Opens high and drops
And second leg
Time will tell

[fehro]

VIX moving up with the indices. 5m ... also divergence from yesterday's highs

[Cobra]

nothing to say. this bull has legs.

[Mr. BachNut]

Neutral.

My summation signal is up.
My composite trend signal is up.

I missed my entries last week and have been sitting this move out. Ugh!
Still not inclined to chase this.

One of my McClellan Oscillator figures is now in peaking territory.
Chart shows the prior peaks this year.
May had a blow off to a top with a negative divergence post MO peak.
July had a gentle bleed to a high with a negative divergence post MO peak.
September was a top.
In all cases indexes eventually traded below levels at the MO peak.
Certainly, Mr. Market could do something different this time, but I suspect we see a scenario similar to one of the cases above.
Given a SKEW that isn't cooling off and a TRIN that seems poppy even though the bulls are in control, I am inclined to anticipate something like May or September.
That is an exhaustive move that still has a ways to go and another week or two, or a top is imminent.
I'll get some popcorn and watch the show.

[wayne0708]

VIX and SPY are flying up

[Cobra]

members only update at 10:20 am
http://www.cobrasmarketview.com/2013/10 ... ay-update/

[Apple]

[Al_Dente]

It looks like volatility has not joined the bull party yet this morn
(XIV is straight; all other volatility is inverted)

[Heck]

It looks like volatility has not joined the bull party yet this morn
(XIV is straight; all other volatility is inverted)

1022vola.png

VIX the dog that didn't bark