01/03/2014 Live Update

[Cobra]

now at support area.

[Cobra]

members only update at 11:28 am. now I talk more about trade setup.
http://www.cobrasmarketview.com/2014/01 ... ay-update/

[fehro]

SPX 15m.. filled the morning gap.. watch neckline!

[Al_Dente]

OIL:
The most accurate oil forecasters in 2013 see a second year of losses for long [oil] investors in 2014, Bloomberg reports. "“We’re expecting a surplus,” said David Bouckhout… who was tied with two others for most accurate forecaster. North American “supply growth is going to remain robust and cover the expected increase in demand. The biggest concern for 2014 on the supply side is going to be Iran, while Iraq is another producer that certainly wants to see its production grow.”
http://www.bloomberg.com/news/2013-12-3 ... ing%20Bell

[joegamma]

thought the smalls might squeeze out a 11480 print...seems 11275 more likely before 11575 next day or so...

[flumanchu]

-
No POMO until Mon / Tue - should find support then (Turnaround Tuesday?)...

.

[Cobra]

target met, this bear might have small legs.

[fehro]

INDEX 5m... COMP teasing it's open gap below

[Al_Dente]

target met, this bear might have small legs.

nice call on the H&S

[fehro]

SPX 15m... careful.. on the neckline..

[fehro]

VIX 15m.. lagging a tad.. hasn't filled it's morning gap and still red..

[fehro]

SPX 60m... not a pretty candle....

[KENA]

AT THIS POINT THE SANTA CLAUSE RALLEY HAS BEEN TAKEN OUT..BEARS ARE WORKING..LETS SEE IF THE CLOSE IS LOWER.

[Heck]

Overvalued option sentiment ratios = market down
http://www.ise.com/market-data/isee-index/ …

[Al_Dente]

60 min STO-21 momentum
Banks and miners and long bonds are the only ones green
It’s a bit slow, as I wait for a centerline cross for confirmation

[Al_Dente]

PAGING: ROYAL FLUSH

[maldini]

Nice call

failed h2 means H&S Top, now almost at target.

[fehro]

YINN YANG daily

[Travelfrog]

Any P bars today?

[Cobra]

this rebound may have legs. there're chances the entire pullback low was in yesterday because it's the 2nd test of the yesterday's low forming a higher low.