05/20/2014 Live Update

[Cobra]

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Consolidation here (between blue lines) generally favors bulls.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/05 ... ay-update/

[gappy]

Vote Cobra. glta

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[fehro]

SPX 5m.. a tad messy.. mind the open gap just above.. and the pink channel, green bull flag channel

[fehro]

SPX 5m.... mind the am gap

[uempel]

Blue cycle points to tomorrow as a turn date?

[fehro]

VIX 15m.. near resistance

[Cobra]

members only update at 9:48 am
http://www.cobrasmarketview.com/2014/05 ... ay-update/

[fehro]

SPX 5m.. slipping below 20d SMA 1879.13 a tad

[L_T]

Al you out there? So that performance list you posted yesterday with smallies on top and utilities on bottom? I bet that's reversed this morning......

[Cobra]

vol surge, may see rebound here first then we'll see.

[uempel]

Update:

[Heck]

Undervalued opening long Index puts three times calls = Selling any Rips

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

[Heck]

Adding to puts on retrace

QQQ MAY 23 2014 88.00 P
- 10:17:14

Bought to Open @ $0.38

[fehro]

SPX 5m.. trying to hold near hear.. 20d SMA

[arne reabel]

i like this scenario ;^-) im short a few points lower thx al who is on this board am learning alot

[Cobra]

double bottom or not, need follow up the next bar.

[uempel]

Update:

[Mr. BachNut]

Partial long. No change.

My summation signal is neutral.
My composite trend signal barely tipped up yesterday. Not much vigor.

Stuck in the heinous trading range.
This morning's action looks like it may start shaping a small head and shoulders in the S&P with a neckline around last Thursday's low.
Watch VIX today as tomorrow's opening is expiration.
I am focused on other things today.

[gappy]

15 minute.

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