05/29/2015 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

========================================================================================================================================================================

ascending triangle? If bulls are able to test the blue line above again, a breakout is likely.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/05 ... ay-update/

[fehro]

SPX mind the trends and gaps.. yesterday's morning to the upside.. 2100 to the downside

[gappy]

"Unless the growth data is revised to a show a contraction of 1 percent, the market will not be too surprised," said Jeremy Stretch, head of currency strategy at CIBC World Markets. "Any dip in the dollar will be a good entry level to go long, given we are still expecting some good payrolls numbers next week."

fx.PNG

Vote Cobra. glta

[fehro]

SPX ... cover portion of yesterday's shorts .. here

[gappy]

10 minute. Fractal.

Capture.PNG

[fehro]

INDEX days.. RUT testing 50d , TLT gaps up over it's 200d.. SPX near 20d.. takes it out.. looking for 50d ... gold moving

[quientuves]

10 minute. Fractal.

Capture.PNG

If that's true... now we can expect a power sell-off!!

[gappy]

10 minute. Fractal.

Capture.PNG

If that's true... now we can expect a power sell-off!!

History can rhyme, but que sera...sera.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2015/05 ... ay-update/

[fehro]

RUT takes out 50d.. 20d next.. SPX close to 20d..

[Unique]

Oops, posted in yest thread

Lots of easy money breakouts today, TSLA + NFLX. Ride it till it dies. It's Friday monthly closing boys.
Picture perfect weekly candle would be TSLA 258-260 major res, and NFLX need to hold well next two 15min bars

[Out of Bounds]

SPY below yesterday's low which was support from early Wednesday.

[fehro]

SPX possible support.. but looks weak.. VIX lags a tad intra day.. no new highs yet..

[Out of Bounds]

S2 was 211.28

[fehro]

INDU takes out both 20d/50d

[grandeG]

So much for a boring day...

[Trades with cats]

Yes, past tense for S2. All of the bad news today must actually be bad, unless the plan is to bait the bears until the Friday Jobs report next week.

[DellGriffith]

Today should remove all doubt. This is definitely a correction now.

[fehro]

VIX testing 3 week downtrend.. covering shorts here.. leaving a small portion to run