02/07/2014 Live Update

[KENA]

PAGING KENA DOME BOSS
wider domes possibly?
60min, see pink smiles; ignore the rest..
Pls comment
Thanks in advance

27smiles dome.png

Yes wider domes are good. Takes more to damage them. Trading the wider domes is easier but just takes more time and usually you make something as long as you watch and don't let them get to much out of shape. They are a good trend. Yours look good.

[uempel]

Focus on the upper band of monthly BB13/1: Should this level be broken (like in the first days of February) SPX history suggests A) bounce back from 1737 can lead to a new high like in 2007 and B) should the correction be for real the market tanks way lower than 1737 - chart shows declines of 57%, 16% and 19%.

[Al_Dente]

Tick has been diverging for the last hour
Visualize: pushing, pushing, nope, can’t get up there to confirm strength
This usually results in price weakness, before another push attempt
Five minute chart for scalp only

[Cobra]

bias is up. lunch time, will be back.

[KENA]

PAGING KENA DOME BOSS
wider domes possibly?
60min, see pink smiles; ignore the rest..
Pls comment
Thanks in advance

27smiles dome.png

Yes wider domes are good. Takes more to damage them. Trading the wider domes is easier but just takes more time and usually you make something as long as you watch and don't let them get to much out of shape. They are a good trend. Yours look good.

PS.. I stole your charts and will follow them..

[uempel]

Tick has been diverging for the last hour
Visualize: pushing, pushing, nope, can’t get up there to confirm strength
This usually results in price weakness, before another push attempt
Five minute chart for scalp only

The attachment 27tick diverg_png.png is no longer available

Price can't get through because there is this ellipse up there... Note that I've got a signal for Monday (on the 60 min) and a second signal for Tuesday (on the daily). Next week might be exciting

Bye guys and happy weekend, I'm off

[Al_Dente]

.....will follow them..

thx boss
u ‘da man
u ‘da dome king

[Al_Dente]

LUNCHTIME IN ONTARIO
How Chicken McNuggets Are Made:
http://www.businessweek.com/articles/20 ... gn_id=yhoo

MCD has a DIVIDEND YIELD of about 3.5%, and I thought it would get even tastier. It has been on a long-term sell for almost a year ….yummmm……….

[fehro]

Dailies.... 50d SMA's over, close...

[Cobra]

so far so good. this bull shall still have legs.

[flumanchu]

Hmmm. POMO total for this week is $10 billion - avg $2 billion /day (slightly above $1.8 billion required to keep the market even.

Monday (2/3 we started the week at appr 1782 SPX, right now we're ending the week around 1792 (slightly higher) - they saved the POMO for the end of this week.

Next week is light (appr $5 billion) - market will be down. Last 2 weeks are $10 billion and $13 billion - enough to keep the market even to up from the 18th thru 28th (more than $1.8 billion / day).

So, based on POMO, down next week considerably, then market will stablize and be up from that point (appr 18th).

.

[fehro]

SPX 15m... near 50% retrace... 50d SMA 1809ish... wedge too steep ..

[Cobra]

members only update at 2:21 pm
http://www.cobrasmarketview.com/2014/02 ... ay-update/

[BullBear52x]

For mid to long term setup= sell, and super rip we are.

conservative move wait for RSI < 70, but now I got RSI of over 80 time to take a bite.

short term intraday = Buy.

[MrMiyagi]

iwm

dia

spy

[BullBear52x]

$VIX is with the bulls.

[Cobra]

consolidation, so bias still is up.

[fehro]

GLD weekly.. still not convinced..

[BullBear52x]

Vixies, not all agreed, $RVX need to cross over to earn the green line (BUY line)

[MrMiyagi]

GLD weekly.. still not convinced..