01/31/2017 Live Update

[te_fern]

Got the break higher, the moving averages have switched back bullish. Now need a pull-back in the STO and we'll have a buy!

[Junior Buffett]

Just one observation, VIX has moved above it's 50 days MA and stayed there all day...which is kind of put S&P in a small time sell territory...

http://www.zerohedge.com/news/2017-01-3 ... eculators?

fREKING ZINX IT...DAMN...BELOW NOW..

[Trades with cats]

ES pausing at yesterday's point of control or ending VWAP. Next up the daily high then yesterday's close 5 points away, and more daunting, it is sitting at the top of the 20 day average daily price range. Going to need some hard working algo's.

[fehro]

SPX >20d SMA @ morning gap

[Cobra]

members only update at 3:30 pm
http://www.cobrasmarketview.com/2017/01 ... ay-update/

[fehro]

Monthly Candles close today… DIA, IWM iffy… DXY looks bearish..

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2017/01 ... ay-update/

[Cobra]

well, guess that's it for today. Wednesday tomorrow has been up 4 of the last 4. FOMC day has been down 4 of the last 5 though, so mixed. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[Trades with cats]

I was wondering why the smalls were on fire today.

[Trades with cats]

Added evidence this afternoon was a short squeeze, they can't hold the gains into the regular close as the smalls drop back into yesterday's range.

[Junior Buffett]

rut 1.31.png

I was wondering why the smalls were on fire today.

BEARS have no balls...it's BULLS all the way to 2350!!!

[Daniel]

Yesterday I commented regarding the persistent bid under multiple asset classes, in recent years; little money units have to go Somewhere, so every asset has a bid under it.

After my departure, K447 asked: “What are little money units?”

I don't know if there even is a term for what is created when fiat capital is ‘created’ by Central Banks. It simply exists as a ledger-entry somewhere. This capital has to then be invested in some asset, in order to exist in a ‘monetized state’.

Either a currency, or an asset convertible to a currency in a regulated market in accordance with a recognized price fixing.

As long as fiat capital is being created, balanced Portfolios will be buying a little bit of everything with incoming cashflows.

[daytradingES]

Cl chart
It's not really clear if it will break 51.59 - but I think it will