04/14/2014 Live Update

[Al_Dente]

Bigger picture: we are still under the 5 day moving average; bulls won’t be taken seriously until that changes
(cough) dow up +150 points

only post I can understand today, is it the bloody moon thingy?

Boss I’ll admit it that bloody moon thingy scared me

[flrtrader]

Bigger picture: we are still under the 5 day moving average; bulls won’t be taken seriously until that changes
(cough) dow up +150 points

only post I can understand today, is it the bloody moon thingy?

So Boss We Are Now In Buy The Dip Mode?

I to am having a hard time today!

Yes, intraday is now buy, one buy coupon at least.

Thank you Sir...

Hourly sell (New) is larger timeframe I assume

[MrMiyagi]

Bull action this month reminds me of Bear action all last year.

[BullBear52x]

Bigger picture: we are still under the 5 day moving average; bulls won’t be taken seriously until that changes
(cough) dow up +150 points

only post I can understand today, is it the bloody moon thingy?

So Boss We Are Now In Buy The Dip Mode?

I to am having a hard time today!

Yes, intraday is now buy, one buy coupon at least.

Thank you Sir...

Hourly sell (New) is larger timeframe I assume

yes, overnight trade setup.

[Out of Bounds]

Reading internals, I don't see any imbalances in either direction - all very orderly.

NOT going to hold these longs overnight - I have no conviction

[Al_Dente]

SCALP INTRADAY ONLY:
Volume ratio just did a nosedive sell signal
It can recover, but no new longs until it does
Nyadv is holding 2200

[q2model]

morning hourly black bar.

Cobra:

I was able to get 30 minutes data going back to 1997. There are 812 black morning bars, out of 714 times, the 30 mins bar would have a lower close than the 10:00am price within next 15 bars. So, within next days' close, 88% time, you would get a lower price, 90% of time within next 2 days. This is amazing.

With this information, how is the best way to design a trade if it is possible?

Thanks,

[fehro]

SPX 5m.. first support MA

[merryme]

FLOWER GIRL,
Thank you. I find your analysis very interesting. I appreciate your effort to explain things to us.

[MrMiyagi]

She ain't gonna hold is she????
Feels weak...

[fehro]

Should things really fall apart.. über bearish view with extra strong bear goggles on.. SPX 60m

[Al_Dente]

morning hourly black bar.

Cobra:
I was able to get 30 minutes data going back to 1997. There are 812 black morning bars, out of 714 times, the 30 mins bar would have a lower close than the 10:00am price within next 15 bars. So, within next days' close, 88% time, you would get a lower price, 90% of time within next 2 days. This is amazing.
With this information, how is the best way to design a trade if it is possible?
Thanks,

Great stuff thanks
Only difference is cobra uses hourly bars
Are ALL your numbers (88/90% etc) based on 30 min bars?

[Out of Bounds]

morning hourly black bar.

Cobra:
I was able to get 30 minutes data going back to 1997. There are 812 black morning bars, out of 714 times, the 30 mins bar would have a lower close than the 10:00am price within next 15 bars. So, within next days' close, 88% time, you would get a lower price, 90% of time within next 2 days. This is amazing.
With this information, how is the best way to design a trade if it is possible?
Thanks,

Great stuff thanks
Only difference is cobra uses hourly bars
Are ALL your numbers (88/90% etc) based on 30 min bars?

That first bar is 30 minutes so results should be the same

[L_T]

Green across the board today (so far).

[BullBear52x]

Intraday buy on /ES, need to see new high for the day if not bulls are ways too weak.

[q2model]

morning hourly black bar.

Cobra:
I was able to get 30 minutes data going back to 1997. There are 812 black morning bars, out of 714 times, the 30 mins bar would have a lower close than the 10:00am price within next 15 bars. So, within next days' close, 88% time, you would get a lower price, 90% of time within next 2 days. This is amazing.
With this information, how is the best way to design a trade if it is possible?
Thanks,

Great stuff thanks
Only difference is cobra uses hourly bars
Are ALL your numbers (88/90% etc) based on 30 min bars?

That first bar is 30 minutes so results should be the same

Yes, they are 30 minutes bar. The question is how to design a trade based on this information.

[Al_Dente]

thanks OOBoss and Q2 boss

[BullBear52x]

intraday /ES is in a shaking ground now., well, one more dip on the cash, come to papa buy the dip. until then.....

[fehro]

SPX Daily... 1785ish is the uptrend from the Oct 2011 lows 1800ish.. uptrend from Jul 2013 lows 200d SMA 1762ish

[Cobra]

didn't expect triple top as it's rare. anyway, no argue, here's the text book target.