04/10/2015 Live Update

[Cobra]

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As long as pullback does not dip below the horizontal blue line, bulls are fine.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/04 ... ay-update/

[gappy]

Vote Cobra. glta

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[Cobra]

members only update at 10:03 am
http://www.cobrasmarketview.com/2015/04 ... ay-update/

[JFR]

DOW 30 mostly green.

[JFR]

Small opening gaps filled.

[JFR]

Some excerpts from IBD ...

[cletus]

JNUG +8% and riding high, I'm adding more as I have been all week.

[JFR]

% up leaders ...

[uempel]

This system has kept traders well-positioned these last few days.

[JFR]

% down --> laggards

[cletus]

Bears came out yesterday with more reason to think the rally wasn't for real, like looking at NYMO. They have been proven wrong in early trade with bullish continuation.

[Cobra]

a little pullback here then it's wedge. wait to see.

[JFR]

Permabull nightmare ...

[Cobra]

bigger wedge. i see ii, breakout would be good for bulls.

[Cobra]

ii breakout, good. might be a trend day

[Cobra]

vol surge, maybe a pullback here first which likely would be bought.

[Al_Dente]

NYSE advancing stocks = 1.8x declining stocks
NYSE advancing volume = 2.2x declining volume
1/VIX bull bias
TICK bull bias
SPY relative strength: bull bias, overbought
Probing the box-breakout target

[DellGriffith]

I went long SPY this morning. I do think the long dollar play is absolutely valid but haven't pulled the trigger yet. Good luck guys!

Just closed this long this morning for a decent profit. Was in that position longer than I anticipated but it worked out fine. We're getting close to the upper bb so I got out even before we got there, which I do sometimes.

[Al_Dente]

1x board, intraday
I left the “scooter” technical-strength-ranking column open; it has some surprises