07/08/2014 Live Update

[Al_Dente]

Lower low is justified by the internals:
Volume ratio = 4.5 to 1 grizzly bear
AD ratio = 2.3 to 1 bear

[Cobra]

100% mm target I don't believe. Fib 61.8% is possible though.

[fehro]

SPX 15m filling the Jul 1 gap nearing channel support

[Cobra]

vol surge, biggest red, may see rebound here first then we'll see, probably another leg down.

[fehro]

SPX 60m closer view

[Cobra]

members only update at 11:38 am
http://www.cobrasmarketview.com/2014/07 ... ay-update/

[tsf]

These BlockTradeAlerts are from Twitter.
panbuk has better info from equityfeed,

BLOCK TRADE: $QQQ 500,795 shares @ $95.39 [10:41:58] actual at the time of posting was around 94.30

BLOCK TRADE: $IWM 504,280 shares @ $119.87 [15:51:57] yesterday July 7

BLOCK TRADE: $IWM 504,263 shares @ $117.75 [11:46:50] actual at the time of posting was around 115.86
BLOCK TRADE: $IWM 504,263 shares @ $117.75 [11:46:01]

BLOCK TRADE: $SPY 2,700,000 shares @ $196.41 [10:57:27]


Wish I knew how to benefit of these alerts

[fehro]

VIX daily

[silicon_beaver]

Recent two pullback.
One was ES 35 pts correction.
Another was ES 20 pts correction.

[Cobra]

double bottom or not break blue line to confirm.

[Al_Dente]

This double bottom gets the first positive TICK divergence of the day
Sometimes it means an immediate bounce, sometimes not… this one should fail…. we’ll see…
7/1 gap fill is 195.79 (we are 5 cents shy)

[MrMiyagi]

spy5

qqq5

[Cobra]

descending triangle, bias still down.

[nightlyhawk]

Let's see if bears can break the support trend line this time while ST signals haven't shown any BUY sign yet

[Varaha]

The itty bitty brain cell committee (CNBS) has their knickers in a bunch.
The sky is falling. They are parading out all the bears.

Time to buy.

[fehro]

SPX 15m.. tagging pink channel

[MrMiyagi]

195.76$ just printed on SPY, target is now hit.

[Al_Dente]

A BIT LONGER TERM:
VIX wedge target = blue box (cough, oy)
Unlikely to reach this target without bounces, and time (a month or two?), and pain

“Percentage meeting price target for upside breakouts: 70%”
“A gap on the breakout day [like today] suggest a better performing wedge”

[quientuves]

Such alarm... if we didn't hit even the first 1% down...

Germany has marked -1,35%, and Spain -1,83%...

come on! let it fall...!!

[Al_Dente]

Unsustainably steep trendline
We will need to fan out a bit here pretty soon
Maybe this current sideways action will do the trick