02/03/2015 Live Update

[fehro]

UUP pulling back.. Index days..

[Cobra]

double bottom indeed. here's target.

[uempel]

Next resistance is 2044

[fehro]

possible minor div.. SPX new HOD, NDX lags..+VIX not a new low … yet

[BullBear52x]

Always sell 2x top
intraday counter trend selling to test the water, wait for next sell wave. tick tock tick tock.

[BullBear52x]

Sell sell sell.

bears last chance maybe????

[MrMiyagi]

SPY having a hard time to break $204, if it does though, then I could see $204.50+

[fehro]

SPX 50d …2044.21 will it make it… minor divg 5m/ pos div 15m VIX… if it plays out

[BullBear52x]

SPY having a hard time to break $204, if it does though, then I could see $204.50+

50 band.

[uempel]

BPs are too strong today to suggest a reversal to the downside. Only weakness is in BPNDX.

http://stockcharts.com/freecharts/candl ... BPENER|B|0

[MrMiyagi]

Come on you sonavabitch, one push over $204, go go go...

[fehro]

Index SPX/COMPQ 50d tag

[Cobra]

vol surge, might be a pullback here 1st which likely would be bought.

[fehro]

nearing gap above.... SPX

[BullBear52x]

looking back three days bar on /ES, bullish stick sandwich. I know bulls got some beef on that sandwich, short term momentum are with the bulls no doubt, but first thing first for me until she sings.

[Cobra]

target met. still expect a pullback here which likely would be bought.

[champix]

I posted this Crude chart at the end of January... Those with titanium guts made the deal !
+8.5% again today on Crude ! wow.....

[Trades with cats]

So I don't see any reason for oil to rally, but like the great man said many years ago, markets can stay irrational much longer than I can stay solvent. But oil is the reason for the dollar to decline against commodity currencies today, pushing the market up. The test I think comes in 15 minutes when oil closes for the day.

[MrMiyagi]

So I don't see any reason for oil to rally

*US Dollar going down.
*Shorts covering.
*Future outlook that the more rigs that shut down, the less the output and therefore lower supply.

[Unique]

CL Trade alert 3

CL beyond 52 target now, trailing - "free" profits now. Only have 1/4 position left. No need to be greedy, just a fun intraday trade.
CL daily 50sma = 55.9~ and hourly rsi overbought at 81 for now (easy squeeze)
This wave could extend to as far as the intermediate targets of 55.7 and 58 since the 52 immediate term target has been reached.

Sidenote, for those that are still short from 100-90 on weekly scale, like noted previously if this week close above 52 then I'm getting out my weekly shorts all together.