09/24/2014 Live Update

[MrMiyagi]

What about 2000 Dr. Miyagi?

SPY has pBar targets up to 202.50$ with 5-6 days on the clock.

[Cobra]

2nd leg up as expected, target at galaxy far far away, so I don't think so, will need see more bars.

[uempel]

Update:

[MrMiyagi]

qqq

[gappy]

[quote="Daniel"]Despite strong housing number, TLT continues to press new highs on flight to safety.

Capture.PNG

pebblewriter.com

[fehro]

SPX 15m

[fehro]

SPX 60m... into the underside of the trend.. possible resistance near here

[uempel]

These scenarios have a certain similarity - but note the dud end of May

[cletus]

Although I was expecting the rally to begin yesterday, the market is rallying into the new moon exactly as suspected. Could be heading for another short term top around the new moon, but as predicted, everyone who shorted Monday is now feeling trapped and will probably be taken out on stop sweeps.

[cletus]

Crude oil is taking forever to rally up but I still believe this thing is going much, much higher. At least today the crude bulls have some hope.

[Cobra]

now we see the Galaxy far far away is 200.15.

[uempel]

Update:

[uempel]

Update:

ui.png

[cletus]

The McClellan Oscillator went from overbought to oversold while the market traded higher!!!

Just more fuel for the bulls here. The bears couldn't correct that indicator with any downside! I think the market can run a bit, but beware October. I will be looking for another top in October that might produce better downside than this moment.

[MrMiyagi]

Crude oil pop, any news?

[Cobra]

vol surge, Fib 61.8% mm, so might see pullback here first then we'll see.

[MrMiyagi]

!!! POWER HOUR !!!

[user13]

For a 160 point up day internals are not as strong as I would expect

[JFR]

Crude oil pop, any news?

Dunno, but I usually watch USO, and managed to catch a bit of the move up.

[fehro]

INDEX dailies... SPX retesting 20d SMA