05/08/2013 Live Update

[BullBear52x]

Neutral.

Trend signal is up.
Summation signal is up.

Not trading as I am heading out of town.
I am staying cautious for now.
NYMO was overbought yesterday.
Some cycle folks have been looking for a high tomorrow +/- days.

As treasuries have gotten beaten up, today's 10 year auction at 1PM is worth watching.
Sometimes moves kick off using the results as a trigger.

this time is different and will be the only time with no sell off when NYMO and NAMO reading this high. I'll say one more day max if not today.

[Unique]

Grab your helmets cuz we're popping the roof, wait what roof?

GOOG

[Out of Bounds]

Stay on the inside today... The southwest wind and the gulfstream will pound your knees and back something fierce on the outside... (sea sick at the thought)

Inside forecast is smooth water - too ealry in season for a 21 footer to run to Bimini.

[Unique]

Now, we're at the Major Channel Resistance of E-mini S&P. Above it and sustainability comes to mind. Don't be complacent

[Unique]

Grab your helmets cuz we're popping the roof, wait what roof?

GOOG

Gotta love free money

[BullBear52x]

normally the day like today these guys will move up also.

[Unique]

Grab your helmets cuz we're popping the roof, wait what roof?

GOOG

Gotta love free money

61.8% has been reached. Time to party, peace.

[joegamma]

MR ROUBINI: thank you so much for your very kind and thoughtful words,
it was not enough to offset the pomo bid this morning...I have been squeezed outa the overnight puts
GL

[Al_Dente]

Under the hood is a bit of weakness:
Hedging for bear-spy are: XIV, VIX, VXD
Already gone bear is: RVX
(This could all change in a blink)

[BullBear52x]

selling /es 1625

lets pray

[toddymc]

VIX Holding rising trendline/wedge forming? Doesnt look bullish so far..
Could see a sharp reversal here ...vs. ES that is!!

[BullBear52x]

VIX Holding rising trendline/wedge forming? Doesnt look bullish so far..
Could see a sharp reversal here

I am thinking of selling XIV overnight but not now.

[Darkmatter]

lol sad but true, though I wouldn't get squeezed out just yet.

[Unique]

Now, we're at the Major Channel Resistance of E-mini S&P. Above it and sustainability comes to mind. Don't be complacent

ES Update 2
Be Fearful When Others Are Greedy and Greedy When Others Are Fearful

[Cobra]

nothing to say, this bull has legs.

[BullBear52x]

from this chart it's long way home for bears, no reversal unless da bears make one today

[Unique]

from this chart it's long way home for bears, no reversal unless da bears make one today

161.8% ES is 1631.47 so we got room still with this perma bull run until sustainability issue really starts kicks in...

[Al_Dente]

Volatility smoothed and inverted

[BullBear52x]

from this chart it's long way home for bears, no reversal unless da bears make one today

161.8% ES is 1631.47 so we got room still with this perma bull run until sustainability issue really starts kicks in...

using the same fib extensions since yesterday that will be 261.8% mark, sure, 278% is next

[fehro]

SPX 60m making its way to the blue trend line, slight divergence possibly showing up on the MacD