04/15/2014 Live Update

[Cobra]

members only update at 11:46 am
http://www.cobrasmarketview.com/2014/04 ... ay-update/

[Heck]

undervalued ISE ISEE EQ c/p +355% says alot about market liftoff:

http://www.youtube.com/watch?v=l55vjzyj0EY 2:39

http://www.ise.com/market-data/isee-index/

[MrMiyagi]

I'm sure there won't be a "V" bounce today... when does Yellen speak? Is it today?

[fehro]

SPX 5m.. a tad lower red trends for a bounce? .. if not pink next level..

[flumanchu]

.

POMO projection for Today is 1814,
-------------------> Thur 1809,
-------------------> Mon 1791

The trend is down...

.

[Al_Dente]

TODAY early this morning
My favorite set up for red
When TRIN spikes radically like that (red circle: machines are dumping stocks as SPY moves up), the minute SPY breaks, she usually moves down
QUICKIE ONLY, as it can reverse in a flash

THE REVERSE IS TRUE but not today
My favorite set up for green
When TRIN drops radically (machines are accumulating stocks SPY moves down), the minute SPY breaks, she usually moves up
QUICKIE ONLY, as it can reverse in a flash

I can’t post it on a timely basis as I’m usually scrambling
Don’t trust me, watch it yourself, it’s been happening (long and short) once or twice a week lately, usually early a.m.

[Cobra]

vol surge, biggest red bar, so might see rebound here first. still could be 3 push down (actually 4 push down) unless sharp down here.

[Out of Bounds]

Broke below yesterday's 10AM low - ouch.

[Mr. BachNut]

TODAY early this morning
My favorite set up for red
When TRIN spikes radically like that (red circle: machines are dumping stocks as SPY moves up), the minute SPY breaks, she usually moves down
QUICKIE ONLY, as it can reverse in a flash

THE REVERSE IS TRUE but not today
My favorite set up for green
When TRIN drops radically (machines are accumulating stocks SPY moves down), the minute SPY breaks, she usually moves up
QUICKIE ONLY, as it can reverse in a flash

I can’t post it on a timely basis as I’m usually scrambling
Don’t trust me, watch it yourself, it’s been happening (long and short) once or twice a week lately, usually early a.m.

Cool. Thank you.

[flrtrader]

.

POMO projection for Today is 1814,
-------------------> Thur 1809,
-------------------> Mon 1791

The trend is down...

.

These can change Daily? I thought them more weekly. Your original forecast this week was 1840's tomorrow?

No... From this weekend.

Thanks

[ALdaytrade]

Added longs 182.50
Good support in this area - hope it holds.

"This is for some of the posters here:
People, look at the price and ignore your charts and predictions. If the price of the market is contrary to your predictions, the your model is wrong.

That's OK. No model is right all the time. But don't ignore the reality to try and make the model right. You just lose money and sound dumb."

I don't understand what you are trying to say.

These are wise words!

[MrMiyagi]

SPY trying to catch up (down?) to the other indexes drop percentage.

[fehro]

COMPQ, NDX dailies... COMPQ nearing 200d SMA, trendline support.. AAPL is also a mere $9 bucks from 200d SMA

[Out of Bounds]

Added longs 182.50
Good support in this area - hope it holds.

"This is for some of the posters here:
People, look at the price and ignore your charts and predictions. If the price of the market is contrary to your predictions, the your model is wrong.

That's OK. No model is right all the time. But don't ignore the reality to try and make the model right. You just lose money and sound dumb."

I don't understand what you are trying to say.

These are wise words!

I thought you were contrasting the message with the stupid trade.

[1der]

SPY trying to catch up (down?) to the other indexes drop percentage.

PBARs at 181.48 may be beckoning ??? Nothing else to downside, except POMO projections for later in the week / next week.

I had a 1806 regular session target that was missed yesterday.

[Al_Dente]

[revised one is better]

[MrMiyagi]

PBARs at 181.48 may be beckoning ???
Nothing else to downside, except POMO projections for later in the week / next week.

Sounds like a possibility..

[finman66]

I'm sure there won't be a "V" bounce today... when does Yellen speak? Is it today?

looks like Yellen speaks tomorrow at 12:15pm et in New York at the Economic Club

[MrMiyagi]

looks like Yellen speaks tomorrow at 12:15pm et in New York at the Economic Club

For some reason I thought she spoke today. Thanks for the info!

[ALdaytrade]

Added longs 182.50
Good support in this area - hope it holds.

"This is for some of the posters here:
People, look at the price and ignore your charts and predictions. If the price of the market is contrary to your predictions, the your model is wrong.

That's OK. No model is right all the time. But don't ignore the reality to try and make the model right. You just lose money and sound dumb."

I don't understand what you are trying to say.

These are wise words!

I thought you were contrasting the message with the stupid trade.

Well, I was wondering why you did not listen to what you just said!