01/31/2015 Weekend Update

Post by **Cobra** » Fri Jan 30, 2015 6:17 pm

The institutional buying and selling chart (courtesy of stocktiming) shows a little more distribution than accumulation, that might be helping on bear case, because technically we're in range, but you can see from the chart that even when rebounds from range low to range high, the distribution is mostly larger than accumulation, so the chart I read as bearish biased.

Post by **Cobra** » Fri Jan 30, 2015 6:34 pm

summary of the week's stock picks.
viewtopic.php?f=10&t=1560&p=182951#p182951

MrMiyagi · Post by **MrMiyagi** » Fri Jan 30, 2015 6:40 pm

Have a good weekend everyone, I'll be super annoyed hearing nothing but Superbowl crap (nah.. not a sports fan..)

fehro · Post by **fehro** » Fri Jan 30, 2015 7:22 pm

Candles Monthly/Weekly/Daily

fehro · Post by **fehro** » Fri Jan 30, 2015 7:23 pm

T2 /Yields

fehro · Post by **fehro** » Fri Jan 30, 2015 7:24 pm

Industry Indexes % Weekly

fehro · Post by **fehro** » Fri Jan 30, 2015 7:43 pm

another Yield chart fwiw.. longer term.. 5/10/30.. all I can plot on TC2000.. anyhow… bottom charts same scale. 30yr … new multi-year lows… lower than 2008 spike lows.

fehro · Post by **fehro** » Fri Jan 30, 2015 8:05 pm

fehro wrote:Industry Indexes % Weekly

Seems a lot of red on those boards… below Industry Indexes in no particular order.. with less <10/20/50/200 etc..

Post by **Cobra** » Fri Jan 30, 2015 8:32 pm

preview of the next week's stock picks.
viewtopic.php?f=10&t=1567

JTrader · Post by **JTrader** » Fri Jan 30, 2015 9:53 pm

Someone posted this relationship a while back. USB:SPX

This chart is screaming to get long. Either that, or something really bad is about to happen. An implosion of great magnitude. I'm building longs for the bullish case.

http://stockcharts.com/h-sc/ui?s=$USB:$ ... 2937292665

Unique · Post by **Unique** » Sat Jan 31, 2015 1:11 am

Copy pasting from what I posted on cobrasmarketview:

Here's the daily/weekly/monthly SPY charts. Easy money bears? Yeah.

Daily candles show Jan 28 large bear close on lows, Jan 29 was stick save at support, today bear engulfing continuation. Thus, Monday/Tuesday high probability of red/breakdown.
This is even more apparent on the Weekly SPY chart, bear engulfing week. Continuation next week bears or bust.
Gallery link: http://imgur.com/a/VAhDS

In addition to what was posted previously.
It's important to note that for those unprepared this time if 200DMA breaks convincingly on the daily scale then the momentum for weekly and monthly scale hinders significantly. It would open up a bloodbath for short/intermediate-term bulls(this is 7th year bull market already). Eh, more volatility the better - easier to make money.

Chart album: http://imgur.com/a/fYo4S

fehro · Post by **fehro** » Sat Jan 31, 2015 1:19 am

JTrader wrote:Someone posted this relationship a while back. USB:SPX
This chart is screaming to get long. Either that, or something really bad is about to happen. An implosion of great magnitude. I'm building longs for the bullish case.
http://stockcharts.com/h-sc/ui?s=$USB:$ ... 2937292665

very interesting… couple different looks on another chart longer time frames... $USB:$SPX vs $SPX.. log scale, and arithmetic… and same deal with GOLD/USD/WTIC/FED RATES… Arithmetic top / log scale bottom..

seems the curve up in the pink area is a little concerning… more noticeable top chart bottom panel.. log scale.

nysefloortrader · Post by **nysefloortrader** » Sat Jan 31, 2015 8:14 am

love the fact that bears are looking for a SELL off or CRASH here.

Do not be surprised if we see them get hung out to dry in FEB, just a guess.

DellGriffith · Post by **DellGriffith** » Sat Jan 31, 2015 8:42 am

DellGriffith · Post by **DellGriffith** » Sat Jan 31, 2015 1:08 pm

So, crash on monday?

It sure seems like it.

The powerful close at the lows says to expect more down. More down will push past resistance at the lower bb and open the floodgates. Right at monday's open.

Eddie · Post by **Eddie** » Sat Jan 31, 2015 1:28 pm

It seems all bloggers are expecting the trading range to break down, and a correction to ensue. The fact that so many people are expecting it simply makes me wonder if Mr. Market might have tricks up his sleeve.

brucekeller · Post by **brucekeller** » Sat Jan 31, 2015 1:33 pm

We are screwed guys... just saw this on my FB:

johnnywa · Post by **johnnywa** » Sat Jan 31, 2015 5:58 pm

DellGriffith wrote:So, crash on monday?

It sure seems like it.

The powerful close at the lows says to expect more down. More down will push past resistance at the lower bb and open the floodgates. Right at monday's open.

Del ,gap down to 1973 bounce from there then test around 1900?

DellGriffith · Post by **DellGriffith** » Sat Jan 31, 2015 11:49 pm

added 5 waves down ABCDE. Basically that is the bull case. That we now have ABCDE and the drop on monday will be the capitulation low, followed immediately by a roaring rally.

DellGriffith · Post by **DellGriffith** » Sun Feb 01, 2015 11:36 am

brucekeller wrote:We are screwed guys... just saw this on my FB:

Being a trader is a lot like being an Air Force test pilot. There are moves to make that are highly profitable, but most people avoid them because they require a strong constitution to prevent vomiting.

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