02/06/2015 Live Update

[jway888]

morning hourly black bar.

I doubt it still work out this way unless the stats is still high that we close red or lower? dont recall last time when this stat works out well.

[Cobra]

members only update at 10:15 am
http://www.cobrasmarketview.com/2015/02 ... ay-update/

[uempel]

Crude: chart courtesy CS

[Mr. BachNut]

Let's see how things close and if there is follow through next week,
but the currency tell has broken above the recent trading range.

This should be supportive of continued progress in equities, pullbacks and such notwithstanding.

[Cobra]

morning hourly black bar.

I doubt it still work out this way unless the stats is still high that we close red or lower? dont recall last time when this stat works out well.

Cannot you read the chart? The green circle means it doesn't work. Now tell me, how many green circle you see? Remember, this is 60 min chart, it doesn't tell you the daily closes green or red, only to erase the hourly gains is enough.

[silicon_beaver]

Break out. XIV 28.5 UVXY 24.75 ES 2060.
No clue for next. watching, , ,

[jway888]

morning hourly black bar.

I doubt it still work out this way unless the stats is still high that we close red or lower? dont recall last time when this stat works out well.

Cannot you read the chart? The green circle means it doesn't work. Now tell me, how many green circle you see? Remember, this is 60 min chart, it doesn't tell you the daily closes green or red, only to erase the hourly gains is enough.

There isn't any green circle on your chart

[cletus]

Clear triangle forming on VXN. Another test of the lower boundary is coming which will determine if the VXN is finally heading towards p-bar at 9.66.

[K447]

There isn't any green circle on your chart

Precisely.

Note the word 'all' in the chart explanation text

[Cobra]

morning hourly black bar.

I doubt it still work out this way unless the stats is still high that we close red or lower? dont recall last time when this stat works out well.

Cannot you read the chart? The green circle means it doesn't work. Now tell me, how many green circle you see? Remember, this is 60 min chart, it doesn't tell you the daily closes green or red, only to erase the hourly gains is enough.

There isn't any green circle on your chart

Right, so it means this one so far works 100% of the time. At certain point it sure will fail, maybe today. But what I want you to know is: it works and if you read the chart you'll know it works which is the point why I bother to post chart, instead of just telling you the result. You'll have the chart, you'll see for yourself whether it works or not.

[fehro]

SPX still wedging.. could go higher green trend.. slightly wider wedge.. with a *couple more wiggles to the upside.. ABCDE… or sloppy cyan wedge.. with a crazy target of a gap fill if it breaks.. seems doubtful that would happen today.. more likely a consolidation early next week?.. that would be a nasty sell-off if it hit today.. VIX weakish but not totally falling apart either..

[Cobra]

There isn't any green circle on your chart

Precisely.

Note the word 'all' in the chart explanation text

now longer time span, you can see a few green circle indicating a failure.

[Cobra]

There isn't any green circle on your chart

Precisely.

Note the word 'all' in the chart explanation text

No green circle means no failure.

[jway888]

There isn't any green circle on your chart

Precisely.

Note the word 'all' in the chart explanation text

now longer time span, you can see a few green circle indicating a failure.

since we don't know what will happen before 11:30am EST, does that simply means the stats is showing 62/65 accuracy ratio base on this morning hourly black bar study (within a year)

[fehro]

INDEX days TLT under pressure.. rotation out of TLT into other classes

[uempel]

Bullish Percentages don't suggest a correction ...

[Royal Flush]

There isn't any green circle on your chart

Precisely.

Note the word 'all' in the chart explanation text

No green circle means no failure.

Cobra, Isn't the 1st 60 min bar on SC's chart a 30 min bar so the track record is the erase of the gains made in the 1st 30 min?

[Mr. BachNut]

The high for the year so far is SPX 2072.36, which was set on the first trading day of the year.

A Friday close above that would be a win for the bulls.
The bears need to hold the line...

[uempel]

BP momentum keeps on zooming to the upside:

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

[fehro]

http://online.wsj.com/mdc/public/page/2 ... nav_2_3021