05/20/2015 Live Update

[Al_Dente]

I asssume that the picture of Leonardo DeCapriCAT and his babe on the prow is meant to imply the market is like the Titanic and an iceberg is ahead..?

boss that was not my thought

[Daniel]

DJT fresh LOD

[fehro]

212.50 key support coming up.. close on it?.. gap tomorrow.. leaning down. SPY 15m

[Daniel]

I asssume that the picture of Leonardo DeCapriCAT and his babe on the prow is meant to imply the market is like the Titanic and an iceberg is ahead..?

boss that was not my thought

But I did catch the pictoral reference yes? And... the implication is clear, even if maybe subconscious...

[Al_Dente]

I asssume that the picture of Leonardo DeCapriCAT and his babe on the prow is meant to imply the market is like the Titanic and an iceberg is ahead..?

boss that was not my thought

But I did catch the pictoral reference yes? And... the implication is clear, even if maybe subconscious...

here’s my thought:
breakout, breakdown, today is an OUTSIDE DAY (regardless of the close).
inverted VIX still in divergence
but as long as the purple-circle support level holds, bulls still have a chance

[MrMiyagi]

I asssume that the picture of Leonardo DeCapriCAT and his babe on the prow is meant to imply the market is like the Titanic and an iceberg is ahead..?

DeCatprio & Cat Winslet.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2015/05 ... ay-update/

[Cobra]

well, guess that's it for today. Thursday tomorrow has been bull friendly recently. 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

[quientuves]

Still waiting to break MM200 @30min.

[jway888]

I asssume that the picture of Leonardo DeCapriCAT and his babe on the prow is meant to imply the market is like the Titanic and an iceberg is ahead..?

DeCatprio & Cat Winslet.

apologise for the late pic

[Al_Dente]

“China's Richest Man Sees Half His Net Worth Wiped Out In Seconds After Bubble Stock Instacrash”
http://www.zerohedge.com/news/2015-05-2 ... ichest-man

[Al_Dente]

Is an NYAD divergence important or trivial?
Well, considering it has called colossal tops and bottoms in the last 16 years, I would call it important.
Seriously, check the red circle and divergence call in October/November 2007, just as one example… hello.
This is long-term WEEKLY, and our current NYAD divergence is tiny and can easily be cured on another ramp up, so NOTHING to worry about yet.
I just wanted to point out that an eventual CONFIRMATION on the NYAD is indeed crucial.