07/31/2014 Live Update

[zudec]

Nice graph Al - thx

[Al_Dente]

Nice graph Al - thx

[Heck]

Almost six puts for every call on Index opening long undervalued options suggests moar down she wrote

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

[L_T]

15 min delay but pretty bearish out there.

[Out of Bounds]

TRIN 0.65
S&P a/d -426 (LOD)
Might be reaching extremes.

[user13]

Market is pretty low bellow the BB here on the 60 min, I am guessing we should pause soon.

[Royal Flush]

ISEE All Indices & ETF Only 17% VERY BEARISH
That's 22% Tue., 26% Wed. and 17% today
http://www.ise.com/market-data/isee-index/

[jack black]

This is exactly the point when I fail a lot. Not sure when to take profit, hesitate and it melts away later. My initial target was VIX reaching BB on weekly charts; not there, but close.

[Mr. BachNut]

For what it is worth...

I have a P Bar fossil from late June at SPY 194.58.

There are fossils from mid-June in the mid 193s.

[Al_Dente]

15 min delay but pretty bearish out there.

INTERNALS:
Declining volume = 5.8x advancing volume (just spiked again to 7x) edit: just pulled back to 3x
Declining issues = 8.9x advancing issues (now 9x) edit: still 9x

[fehro]

SPX 60m.. as someone once said.. Bulls take the stairs, Bears use the elevator...

[Out of Bounds]

-1288 TICK Whoa! You might see that at the open but not usually this time of day. Sellers are committed.

[Cobra]

vol surge, biggest red, hopefully it means rebound here first then we'll see, probably another leg down.

[gappy]

Capture.PNG

[DellGriffith]

Market is pretty low bellow the BB here on the 60 min, I am guessing we should pause soon.

BBs are so tightly wound on daily that I think that type of signal is weak. At this point, we can't even move without breaking out of a BB somewhere.

[gappy]

Capture.PNG

[fehro]

-1288 TICK Whoa! You might see that at the open but not usually this time of day. Sellers are committed.

something I read a couple days ago... meant to post it.. but didn't get around to it..
“The Tick readings I am seeing (-1100 and -1200) is like an accelerator on the floor that is pressed for an indefinite amount of time,” Cook says. “Eventually the motor will run out of gas. Now, anything that comes out of left field will create a strain on the market.” Since the CCT is a leading indicator, prices have to catch up with the negative Tick readings.

“Think of a dam that has small cracks that are imperceptible to the eye,” he says. “Finally, the dam gives way. Eventually, prices will go south, and the Tick numbers will be horrific.”

http://www.marketwatch.com/story/stock- ... genumber=1

[tsf]

Now all in cash
YTD: SSO 18,9%, XIV 43%, Cumulative: 22%
viewtopic.php?f=2&t=1379&p=167621#p167621

sso buy sell.png

See you in September

Good timing. Have a great vacation !

[jack black]

In retrospect, this was a perfect storm.
Institutions started to pull money in July, wars raging in Europe and middle east, Argentinian default, and finely some are front running the poor August seasonality. My guess is this mini correction will eventually be bought and this was not THE TOP yet.

[Mark]

iwm has a upward p-bar at 13.68 this morning