05/08/2015 Live Update

[finman66]

Lest we forget .... Greek debt talks culminate this weekend

Greek PM forecasts 'happy end'; Eurogroup chief cites progress in talks

Greek Prime Minister Alexis Tsipras forecast a happy end soon to fraught negotiations with creditors on a cash-for-reform deal, and the chairman of euro zone finance ministers said talks were making progress, though not enough for a deal next Monday.

However, with Greece's cash reserves dwindling, EU officials said there was no breakthrough in talks with the International Monetary Fund, the European Commission and the European Central Bank on sticking points such as pension and labor market reforms and budget targets.

"The organization and structure of the talks has improved, compared to what it was before, but we are still quite some way away from a situation that you could describe as a final agreement being well in sight," a senior euro zone official said.

[BullBear52x]

waverider special on $BPSPX, seriously? stay down a day like today?

[fehro]

it's going to close flat for the week.. SPX/SPY?

[MrMiyagi]

waverider special on $BPSPX, seriously? stay down a day like today?

BPxxx quotes are updated at the end of trading session my friend.

[Daniel]

"Just a note here for those who use breadths to look for intraday turns.
When the breadths start reaching extreme high or lows like we currently see, reversals may not mean as much as when the values are near the zero line."

Very astute observation, OOB. The same can be said for RSI and ROC type pure momo measurers. If they hit the 90th percentile to the upside, or the tenth to the downside, a worthwhile reversal is thereafter to be expected... but not necessarily soon.

Rarely does a price top (topping in particular, which is gradual) ever coincide with a momo peak--especially an extreme one. Usually a divergence first occurs.

[BullBear52x]

waverider special on $BPSPX, seriously? stay down a day like today?

BPxxx quotes are updated at the end of trading session my friend.

I know, you'll be surprised on Renko it moves before EOD.

And here's weekly, see RSI for long term. not so healthy here either.

[hunterman]

Fwiw I believe we go into close moving higher based on bears not doing anything harming current trend sideways. More important to me is what happens Monday! Looks to me like next week will be good opportunity to short at a little higher pricetag...9urrent position full in RUT (which hasn't kept pace today) since open on thursday.

Glta

[BullBear52x]

Intraday next sell wave, see TSI.

[Cobra]

testing price channel upper boundary. usually should break it.

[MrMiyagi]

!!! POWER HOUR !!!

[Cobra]

!!! POWER HOUR !!!

[MrMiyagi]

^^^LOL!!!^^^

[BullBear52x]

Looks like mid term sell will have to wait, not today Oy,

Papa bull score again today.

[jway888]

a - 543 tick didn't even manage to move SPY down $0.10

[champix]

!!! POWER HOUR !!!

lol cobra ! You are providing funnier and funnier stuff... You make me laugh a friday night, thanks a lot !

[BullBear52x]

Chart for the road, You don't see M1 lower lows usually, where is all the money to pump up this market? See CMF also, they are all negative.

[Cobra]

members only update at 3:33 pm
http://www.cobrasmarketview.com/2015/05 ... ay-update/

[finman66]

BUH BYE !!

the-waving-bears.gif (1.32 MiB) Viewed 3162 times

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2015/05 ... ay-update/

[Out of Bounds]

We'll see Monday. I am still short.