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04/17/2015 Live Update

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gappy
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Re: 04/17/2015 Live Update

Post by gappy »

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‘the petrodollar is our currency and our problem’....Gappy
daytradingES
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Re: 04/17/2015 Live Update

Post by daytradingES »

below breakdown level
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fehro
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Re: 04/17/2015 Live Update

Post by fehro »

Out of Bounds wrote:Just saw some people on StockTwits go long SPY at 209 on full margin. I don't think this will be a good day for them.
hope it wasn't on a market order… :roll:
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gappy
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Re: 04/17/2015 Live Update

Post by gappy »

Hourly.
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daytradingES
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Re: 04/17/2015 Live Update

Post by daytradingES »

retest low??
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Denali92
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Re: 04/17/2015 Live Update

Post by Denali92 »

It has been a slightly odd opex week..... but there might be a nice edge for next week .... if history is any guide...

http://www.cobrasmarketview.com/2015/04 ... ay-update/

-D
fehro
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Re: 04/17/2015 Live Update

Post by fehro »

support /20d/50d holding.. for the moment.. watching hourly candle for a "possible" hammer.. for further direction
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Out of Bounds
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Re: 04/17/2015 Live Update

Post by Out of Bounds »

fehro wrote:
Out of Bounds wrote:Just saw some people on StockTwits go long SPY at 209 on full margin. I don't think this will be a good day for them.
hope it wasn't on a market order… :roll:
They were trading leveraged ETFs
...
fehro
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Re: 04/17/2015 Live Update

Post by fehro »

Out of Bounds wrote:
fehro wrote:
Out of Bounds wrote:Just saw some people on StockTwits go long SPY at 209 on full margin. I don't think this will be a good day for them.
hope it wasn't on a market order… :roll:
They were trading leveraged ETFs
sorry..need more coffee… thought long SPY 209 Puts.. never mind.. move on..
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Cobra
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Re: 04/17/2015 Live Update

Post by Cobra »

guess the rebound target is ema20 blue line at least.
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fehro
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Re: 04/17/2015 Live Update

Post by fehro »

careful.. VIX holding.. could be a little bear flag… 8 mins for hourly candle.. could swing in the last minute
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JFR
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Re: 04/17/2015 Live Update

Post by JFR »

DOW 30.

GE swimming against the tide.
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fehro
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Re: 04/17/2015 Live Update

Post by fehro »

fehro wrote:careful.. VIX holding.. could be a little bear flag… 8 mins for hourly candle.. could swing in the last minute
yup hourly not pretty = lower low
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JFR
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Re: 04/17/2015 Live Update

Post by JFR »

Gaps down on ES NQ YM.
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Cobra
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Re: 04/17/2015 Live Update

Post by Cobra »

100% mm, need break the blue line below to confirm.
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JFR
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Re: 04/17/2015 Live Update

Post by JFR »

Excerpt from IBD ...
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fehro
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Re: 04/17/2015 Live Update

Post by fehro »

SPX possible support.. cautiously..hedge long for a lunch time drift up / consolidation.. maybe up to 50d/20d 2084 minor div VIX no new high.. SPX new low
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JFR
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Re: 04/17/2015 Live Update

Post by JFR »

Sharp drop to the MA50.
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Mr. BachNut
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Re: 04/17/2015 Live Update

Post by Mr. BachNut »

While it is prior to the close, I am marking April 6 as the NYMO up cycle high with today confirming a down cycle.
The benchmark for the down cycle is the April 6 high of SPX 2086.99. The price low at the bottom of the NYMO down cycle should be below that.
We're a few handles below it now.

The lowest target for the recent up cycle was hit at the high day before yesterday.
It conformed to resistance on an emerging symmetrical triangle marked in turquoise with grey extensions.
I have a down cycle target marked at triangle support around SPX 2055.
I have also marked a higher target between the middle keltner band and a rising bottoms trend line marked in blue with an orange extension.
I am partial to the blue trendline target (around 2069) as it may be part of an ascending wedge that would suggest a post target rally to a new all time high for an important top.
However, I have no clue what will happen, and its possible the NYMO down cycle could take this deep. We'll just have to see what happens.
NYMO 041715.jpg
fehro
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Re: 04/17/2015 Live Update

Post by fehro »

'could' see a pullback in OIL = further weakness SPY? .. as profit taking hits oil companies? minor H&S 60m right chart..
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