01/12/2015 Live Update

[Cobra]

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Chart pattern can be either up or down, so I'm neutral. Good news for bears is it's not gap up above Friday's high like the previous 2 times...

[fehro]

/es 4hr / 60m… diamond pattern holding.. bullish falling wedge back to retest questionable invs H&S neckline.. fwiw… break lower watch red.. up.. green lines

[fehro]

GOOGL daily .. on important support

[Out of Bounds]

short SPY ~ 204.30

[cletus]

A short-term short may or may not work but there is definitely fear in this market. Shorting would be safer in the greed zone.

[fehro]

SPX .. mind open gap

[fehro]

INDEX days

[Out of Bounds]

A short-term short may or may not work but there is definitely fear in this market. Shorting would be safer in the greed zone.

I want the panic zone.

[fehro]

SPX

[cletus]

A down day today would set up a down friday down monday, which used to be decent at predicting downside tuesday - thursday, but lately have only appeared at bottoms

[Cobra]

members only update at 9:45 am
http://www.cobrasmarketview.com/2015/01 ... ay-update/

[fehro]

SPX .. going for the gap fill … VIX into resistance of sorts.. .. mind larger orange channel 60m.. should it continue sharply down..

[fehro]

SPY daily… key time.. http://thepatternsite.com/diamondtp.html

[Out of Bounds]

Covered short SPY ~ 202.30

edit: fixed price

[fehro]

possible support here… but now next lower gap in range…

[Trades with cats]

I am hanging on trying to not over trade, but the hair on the back of my neck is straight up because you know there is going to be a very violent bounce and my shorts will be crushed. But I have to admit I am addicted to trading these fast drops, WaHoo!.

[cletus]

Interesting note: the ratio of TLT to TIP is at 1.16. The last time it was this high was late 2008. Extraordinary times. This is due to dollar strength. Will the Fed want the dollar this strong or not? In the past they weren't so keen on deflation.

[Cobra]

members only update at 10:05 am
http://www.cobrasmarketview.com/2015/01 ... ay-update/

[Out of Bounds]

Long tails on 5 minute SPY forming. Breadth has stabilized

[Cobra]

vol surge, should be a rebound here first which likely would be sold.