02/11/2014 Live Update

[Cobra]

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Don't know what pattern it is, I see nothing wrong on the chart though, NORMALLY, this morning dip would be bought.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/02 ... ay-update/

[koolblue]

The rally continued overnight , but there are some warning signs.. Yellen speaks again at 10:00est. i have today as a cycle high then lower into the end of the week,fwiw

[johnnywa]

Trannies and rut not reading...big red flag

[gappy]

Vote the Cobra, chairman of ethics. Hightower yen take, weekly view and today. For fun only. glta

yen.PNG

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spx.PNG

and gold before this am's dip...

gold.PNG

[fehro]

SPX 15m

[koolblue]

im a seller up here for a 2 handle scalp.. heres hopin!

[uempel]

Intraday higher than the 1803 threshold. Note that there is a time signal around noon today (not visible on this chart, only on the 60 min)

[koolblue]

FILLED SHORT AT 1801.75. and just exited 1800.00.(tho we could easily see lower) Nice start to the day...

[fehro]

SPX 15m... 50d SMA 1809.25, 61% retrace 1808.11... invs H&S pretty much disappearing... breaking neckline with out RS...

[Mr. BachNut]

Neutral.

My summation signal is up for the S&P and neutral for the R2K. It turned neutral last night and up a few minutes ago.
My composite trend signal is down.

While my summation signal is now up for the S&P, the model also appears set to flash overbought today or tomorrow if breadth stays solid.
So, careful trading as it could be bull trappy ahead.
The Dow has been looking good, which is encouraging, but the R2K has been lagging.
I may lightly trade my summation signal as the day develops but on a tight leash and maybe not for long.
I'll be interested to see how today's close shakes out.

[uempel]

For bulls it's essential that SPX stays above the upper band of daily BB13/1. A break down under this threshold into the close is bearish.

[Al_Dente]

Text of Yellen’s remarks:
http://www.federalreserve.gov/newsevent ... 40211a.htm

[Cobra]

members only update at 10:16 am
http://www.cobrasmarketview.com/2014/02 ... ay-update/

[Heck]

Overvalued opening long Equity calls/puts and undervalued opening long ETF/Index calls/puts consistent with a higher market

http://www.ise.com/market-data/isee-index/

[Cobra]

vol surge, may see pullback here first which likely would be bought.

[fehro]

Dailies... SPX almost at 50d, DOW close... RUT lags.. VIX close to tag as well

[uempel]

Time signal on the 60min points to 12:00 a.m. - as it's a 60 min the precise time could be between 12:00 a.m. and 1:00 p.m.

[uempel]

Update:

[Rezito]

The rally continued overnight , but there are some warning signs.. Yellen speaks again at 10:00est. i have today as a cycle high then lower into the end of the week,fwiw

I think you're bang on!