my little gray trend tracking box still neutral, wait fortrades below today's open to confirm intraday weakness ( or over night sellable) and at the same time Daily Doji if close below, let see if cash SPX can stay above the openning.
SPY MACD is weakening but not negative.
ES MACD is negative.
on their Hourly!
Last edited by BullBear52x on Wed Apr 20, 2011 3:32 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
cletus wrote:CPC at 0.97. Too high. This is probably bullish. Too much skepticism of the rally.
well, how come VIX collapsed if too much skepticism?
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KENA wrote:Just found a little stock MOTR that has pulled back off highs and is now looking good for 2-3 points. Got a small position for 13.43. This may be better then waiting for SPY.
PS I ment 2-3 $. Sell for around $16 in a few days.
cletus wrote:CPC at 0.97. Too high. This is probably bullish. Too much skepticism of the rally.
well, how come VIX collapsed if too much skepticism?
I don't understand why the VIX is collapsing but I'll admit the lower it keeps going day after day the higher the S&P will go. Until that changes it appears short term bullish, but today outside BB is a warning. Probably some more upside but likely a major top ahead.
ISEE at 111 today is low. Retail traders aren't very bullish.
cletus wrote:ISEE at 111 today is low. Retail traders aren't very bullish.
ISEE is completely wrong today the latest data is 11:00 am ET which I checked at 3pm ET. For now I cannot connect to ISEE anymore.
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cletus wrote:ISEE at 111 today is low. Retail traders aren't very bullish.
ISEE is completely wrong today the latest data is 11:00 am ET which I checked at 3pm ET. For now I cannot connect to ISEE anymore.
Yeah, giving me trouble today. The current ISEE reading is now 126, which is kind of a neutral reading, but ETF & Index only is at 98 which is kind of high. Not sure if the data is right.
you CI swing short does it only take in direction of your primary trend. I am thinking market is strong and your CI is going short.
I know you have some NYMO based short which does not care about market direction.
cletus wrote:ISEE at 111 today is low. Retail traders aren't very bullish.
ISEE is completely wrong today the latest data is 11:00 am ET which I checked at 3pm ET. For now I cannot connect to ISEE anymore.
Yeah, giving me trouble today. The current ISEE reading is now 126, which is kind of a neutral reading, but ETF & Index only is at 98 which is kind of high. Not sure if the data is right.
the reading now is 12pm, so again it's not the current readings.
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cletus wrote:ISEE at 111 today is low. Retail traders aren't very bullish.
ISEE is completely wrong today the latest data is 11:00 am ET which I checked at 3pm ET. For now I cannot connect to ISEE anymore.
Yeah, giving me trouble today. The current ISEE reading is now 126, which is kind of a neutral reading, but ETF & Index only is at 98 which is kind of high. Not sure if the data is right.
In case you don't see what I see now, here's the screenshot.
Attachments
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you CI swing short does it only take in direction of your primary trend. I am thinking market is strong and your CI is going short.
I know you have some NYMO based short which does not care about market direction.
thanks
Bill
No, no NYMO short yet. don't think about short for now. let's wait and see, the bear's only hope is VIX out of BB but that takes time and the pullback might be shallow so generally should consider the pullback as escape chances.
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AK84 wrote:cobra doesnt today's candlestick on AAPL looking bearish ? we have had aapl up 5% in the past few days.
I won't read much in today's candlestick pattern. A Doji has 50% chances mean continuation.
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