04/23/2015 Live Update

[BullBear52x]

Last sell, if no new LL, bulls are not ready to give up just yet.

[BullBear52x]

This is when TSI comes in handy. one last sell for today.

[fehro]

SPX break cyan on 1m.. could have more retrace…

[BullBear52x]

I called this first sight of negative price revresal, but need to have LL to confirm. not easy to challenge Papa bull on his buy day.

[Out of Bounds]

shorting this market is just like laying on the rail track with your legs open wide..............

Why you think so? Today is great opportunity to short this market with SL at 2119,6 - you can loss 1 or 2 points and earn up to 90 For me great risk reward ratio

marcueus, what do you mean by " SL at 2119,6"?

[jway888]

shorting this market is just like laying on the rail track with your legs open wide..............

Why you think so? Today is great opportunity to short this market with SL at 2119,6 - you can loss 1 or 2 points and earn up to 90 For me great risk reward ratio

marcueus, what do you mean by " SL at 2119,6"?

should be referring to SPX at 15:10 high

[BullBear52x]

bears need to close flat, doji, a hanging man follow by doji dragon fly. Oh yeah!

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2015/04 ... ay-update/

[Cobra]

well, guess that's it for today. No clear edges Friday tomorrow. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[SERVO]

SPY daily hit top BollingerBand

[Out of Bounds]

shorting this market is just like laying on the rail track with your legs open wide..............

Why you think so? Today is great opportunity to short this market with SL at 2119,6 - you can loss 1 or 2 points and earn up to 90 For me great risk reward ratio

marcueus, what do you mean by " SL at 2119,6"?

should be referring to SPX at 15:10 high

Thanks

[marcueus]

shorting this market is just like laying on the rail track with your legs open wide..............

Why you think so? Today is great opportunity to short this market with SL at 2119,6 - you can loss 1 or 2 points and earn up to 90 For me great risk reward ratio

marcueus, what do you mean by " SL at 2119,6"?

should be referring to SPX at 15:10 high

Thanks

I meant ALL time high from 25.02.2015 and it was broke as the matches

I belive still that we have false breakout but we will continue to go high for few more days probably till 2035 or sth like that

[grandeG]

I belive still that we have false breakout but we will continue to go high for few more days probably till 2035 or sth like that [/quote]

2035 or 2135?

[jway888]

I belive still that we have false breakout but we will continue to go high for few more days probably till 2035 or sth like that

2035 or 2135?[/quote]

Just drop the 2, make it
3135

[DellGriffith]

GDX is an interesting short candidate here.

GDX has gone 23 consecutive days with a positive MACD histogram, which is about the limit for this current gold bear market. Pair that fact with the fact that the rise over those 23 days has been anemic, almost flat. GDX has gone from 19.00 to 19.78 over those 23 days. Not much of a rally at all. The tiny size of the rally over the past 23 days makes the GDX rally feel corrective in nature, and suggests another strong thrust down is coming. GLD has in fact already rolled over.