01/22/2014 Live Update

[MrMiyagi]

!!!!! POWER HOUR !!!!!

[KeiZai]

USDJPY with the SPX overlay, good to keep an eye on it

[uempel]

Just checking where the danger zone starts...

[Cobra]

Looks like an ascending triangle so chart not bad.

[Mr. BachNut]

USDJPY with the SPX overlay, good to keep an eye on it

Totally agree. I am tracking EURJPY also. When these start trending, SPX will go along.

[koolblue]

yeah, Master Snake... hope ur right ..im long from 1839.25 looking for 2 handles as im guesing we slowly work higher into the close. 3 handle range since 12:15 today!.. now u guys see why i usually quit trading by 11 or 12! lol

[uempel]

/ES hugging along 5 DMA.

Minimum requirement for e-wave was met so could be done but if is gonna be in 3waves I will take the long trade at c (triangle trendline support) with tight stop...good R/R

ES-t2.png

indecision on VIXies, still can swing hard on either side.

I see indecision everywhere one is for sure big move is coming...now just to figure out the direction

look at /ES grids .

The move is down - but we don't yet know when and I presume there will be an agonizing Bull Trap. It's sure not going to be an easy trade.

[koolblue]

bingo!..out at 1841.25! another 2 handles ..beer money! See ya later boardies!

[1der]

bingo!..out at 1841.25! another 2 handles ..beer money! See ya later boardies!

I do not show a 1841.25 hit in the past two hours. Highest was 1841.00. That being said, I have had trades execute outside of quotes, so happy for ya!

[BullBear52x]

Good thing I plan on going fishing this week.

Peace!

[KeiZai]

USDJPY with the SPX overlay, good to keep an eye on it

Totally agree. I am tracking EURJPY also. When these start trending, SPX will go along.

EUR JPY.jpg

Yes agree I like USDJPY a little more actually the whole 2013 year was about JPY, I was pointing out that we are at the small resistance here and is starting to pulling back a bit what could drag SPX...the MT picture is still bullish but in the bigger picture this leg/cycle is very very mature and will top out sooner than later

[KeiZai]

Good thing I plan on going fishing this week.

Peace!

Have a good one I would go with you but it's too cold

anyway I am cancelling that 1836.50 order let's see what tomorrow brings...peace all

[Cobra]

members only update at 3:49 pm
http://www.cobrasmarketview.com/2014/01 ... ay-update/

[BullBear52x]

/ES hugging along 5 DMA.

The move is down - but we don't yet know when and I presume there will be an agonizing Bull Trap. It's sure not going to be an easy trade.

[/quote]
My mid to long term is on sell, that will not change until new bullish cross on my setup.

Intraday momentum is good now, sideways like this is good it gives both bulls and bears equal hope.

[BullBear52x]

Good thing I plan on going fishing this week.

Peace!

Have a good one I would go with you but it's too cold

anyway I am cancelling that 1836.50 order let's see what tomorrow brings...peace all

Thanks boss.

[Cobra]

well, guess that's it for today, pretty boring day, I just hope it's not for Jan 28 FOMC otherwise, still lots of boring days left. Thursday tomorrow has been bear friendly recently. 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

[KeiZai]

If we are waiting for the JPY weakness then I think tomorrow could be the day

[koolblue]

Guess im in the minority (just the way i like it) but i believe we are probably done with mish mash sideways and ready for lift off. seasonals are strongly up tomorrow, so perhaps that will help. time will tell!

[ALdaytrade]

Guess im in the minority (just the way i like it) but i believe we are probably done with mish mash sideways and ready for lift off. seasonals are strongly up tomorrow, so perhaps that will help. time will tell!

Yes,I am with you in thinking that the market will go up, for a few days!
Can you share your seasonals per day or is there a site I can look these up?
Thank you!

[DellGriffith]