11/07/2014 Live Update

[fehro]

SPX mid channel still holding.. VIX new recent low

[uempel]

Update - and my forecast for the very short term might be wrong Apparently the big boys are wussies too ....

[Cobra]

double bottom. we get this every morning.

[Al_Dente]

3% down lolz. this isn't going to land up being a terrible mistake. nope. no precedent for that in modern times.

Off topic, gold, this LOL’d me:

“I really have no ability to forecast gold prices… I have been in the business for 30 years, and it occupies my mind day and night….I don’t care if you are Einstein...It’s impossible to forecast for a week from now and a year from now.”
[Peter Munk, chairman of Barrick Gold ABX, who is set to retire next week]

Forecasts: Michael Haigh, the head of commodities research at SocGen, and Goldman’s Jeffrey Currie, who both correctly predicted the 2013 bullion rout, are sticking with predictions that gold will resume its decline this year. Currie said in an April 13 report that prices will touch $1,050 in 12 months.

[fehro]

INDEX dailies TLT showing some life

[Al_Dente]

Update - and my forecast for the very short term might be wrong Apparently the big boys are wussies too ....

[FlowerGirl]

Honey Making Money

Inspiration:
BLOCK TRADE: $GDX 526,426 shares @ $17.01 [14:20:33]
BLOCK TRADE: $GDX 1,000,000 shares @ $17.90 [15:10:13]

[L_T]

I hope no one here owns SLXP (down 37%) or ICPT (down 27%). Ouch.

[MrMiyagi]

I hope no one here owns SLXP (down 37%) or ICPT (down 27%). Ouch.

SLXP was down 54% last night, accounting irregularities (thieving CEO)

[gappy]

1 minute.

Capture.PNG

[uempel]

Update:

[uempel]

SPX broke to the upside on the 1 min chart

[Cobra]

fib 61.8% of the text book target reached, I consider double bottom fulfilled. this pullback likely would be bought again though.

[fehro]

SPX … other indexes still tight in a range. NDX red..

[fehro]

INDEX candles

[fehro]

SPX 1m.. possible minor H&S

[Heck]

All three ISE indicators on market SELL

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

IWM NOV 14 2014 115.50 P - 11:01:14
Bought to Open @ $0.70

Now available for less

[uempel]

Time signal now - sorry that I'm late

[uempel]

By the way, the small break to the upside on the 1 min was a trap ...

[fehro]

SPX 1m.. neckline retest?