fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Feb 18, 2015 1:46 pm
nearing neckline.. that line can be tweaked still…. VIX still kinda of dormant
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BullBear52x
Posts: 29574 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Feb 18, 2015 1:51 pm
fehro wrote: nearing neckline.. that line can be tweaked still…. VIX still kinda of dormant
Fear is high at overbought, as long as RSI stays above 50 bulls will have a hard time.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Daniel
Posts: 3482 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Wed Feb 18, 2015 1:57 pm
$XBD, XOP, Homebuilders, EWG, ILF (Lat.America) all fresh LOD
Not sure what if any intermarket correl. there is, it's just what is..
Last edited by
Daniel on Wed Feb 18, 2015 2:01 pm, edited 1 time in total.
Daniel
Posts: 3482 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Wed Feb 18, 2015 1:59 pm
TLT successfully held its LOD (ca 126.50), coming up off it now..
However, JNK fresh HOD.. implies that the junk bond market isnt exactly "fleeing risk".
Last edited by
Daniel on Wed Feb 18, 2015 2:05 pm, edited 1 time in total.
BullBear52x
Posts: 29574 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Feb 18, 2015 2:04 pm
Daniel wrote: $XBD, XOP, Homebuilders, EWG, ILF (Lat.America) all fresh LOD
Not sure what if any intermarket correl. there is, it's just what is..
While XLB push for new high, the banks hit LH resistance and IYR is continue its fall from the peak.no balance here
My comments are for entertainment/educational purpose only. NOT a trade advice.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Feb 18, 2015 2:05 pm
holds for the moment.. VIX intra-day still flat-ish
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Daniel
Posts: 3482 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Wed Feb 18, 2015 2:07 pm
Sometimes, when the Market is noodling about, waiting for a news release, it can be interesting to watch sub-sectors as they drift about.
Underlying relative strength can reveal itself at such times. Movement is due to the sector's own rationales, not general market movement.. which is listless.
BullBear52x
Posts: 29574 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Feb 18, 2015 2:09 pm
watch next selling wave, I am expecting a new LOD, 2x bottom fight will be heavy there at LOD.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Daniel
Posts: 3482 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Wed Feb 18, 2015 2:11 pm
USO is not waiting to hear from the Fed Minutes.
Decisively pushes to new LOD, on heavy volume.
Last edited by
Daniel on Wed Feb 18, 2015 2:24 pm, edited 1 time in total.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Feb 18, 2015 2:13 pm
not liking the look of /es.. holding Dec highs.. but wedge break/retest.. now possible Head of H&S (4-5days).. 60m.. 2088 key.. if the H&S plays out.. target 2070ish parallel up channel..fwiw
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Feb 18, 2015 2:26 pm
Daniel wrote: USO is not waiting to hear from the Fed Minutes.
Decisively pushes to new LOD, on heavy volume.
USO 60m/ daily… in between.. possible triangle/ascending triangle.. H&S.. mind the gaps!
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Daniel
Posts: 3482 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Wed Feb 18, 2015 2:30 pm
Nazdaq advancers showing some life here, watch the Qs, XLK...
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Feb 18, 2015 2:32 pm
INDEX days.. still RUT only index taking out yesterday's low.. but flat with NDX .. GLD weakest
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fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Feb 18, 2015 2:47 pm
SPX.. neckline still holding.. some firework levels.. should there be any with the FOMC release..
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BullBear52x
Posts: 29574 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Feb 18, 2015 2:48 pm
Bear is no match for the bull as usual.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29574 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Feb 18, 2015 2:52 pm
chart pattern still favor continuation down.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29574 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Feb 18, 2015 2:55 pm
Come2papa sell still at hand.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
soku
Posts: 1893 Joined: Fri Mar 25, 2011 10:02 am
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by soku » Wed Feb 18, 2015 2:55 pm
Out of Bounds wrote: PANIC!
Capture.PNG
The goal is not uniformity. It is understanding and idea exchange.
Cobra
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by Cobra » Wed Feb 18, 2015 2:58 pm
2 min to show time.
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