06/04/2015 Live Update

[fehro]

SPY 15m ...retesting underside of descending wedge.. weak...

[Al_Dente]

is anyone seeing a HUGE up Miyagi-Bar on spy 5min right now
looks like it goes above 211.8

[Cobra]

is anyone seeing a HUGE up Miyagi-Bar on spy 5min right now
looks like it goes above 211.8

Yes, it's on stockcharts

[SERVO]

is anyone seeing a HUGE up Miyagi-Bar on spy 5min right now
looks like it goes above 211.8

Yes on TOS

[Al_Dente]

thanks, oy

[Out of Bounds]

It's gone from stockcharts. Rumor is that it's just a bad print & did NOT show on IB.

[ALdaytrade]

thanks, oy

I have four pbars to 211.86 today.

[ALdaytrade]

SPY 15m ...retesting underside of descending wedge.. weak...

Going with this trade for now.

Thank you fehro!

[MrMiyagi]

spy

[Cobra]

double top? I see vol surge though, so not sure.

[Al_Dente]

It's gone from stockcharts. Rumor is that it's just a bad print & did NOT show on IB.

boss I still show it on stockcharts
looks like it happened on the ONE MINUTE bar, with about 900k volume in it and the bar was RED
problem is: it will screw up all the moving averages and price-based indicators if stockcharts doesn’t eliminate it tonight (sometimes they do)
MrMiyagi please report in [edit: just saw MrM's post, thanks]

[fehro]

SPY 15m ...retesting underside of descending wedge.. weak...

Going with this trade for now.

Thank you fehro!

Just be careful as we tag the 20w SPX .. especially tomorrow.. end of week SPX .. ugly weekly candle.. bulls will want /need to save 2088

[MrMiyagi]

MrMiyagi please report in, thanks

Also on my RBC platform

spyR

[Out of Bounds]

It's gone from stockcharts. Rumor is that it's just a bad print & did NOT show on IB.

boss I still show it on stockcharts
looks like it happened on the ONE MINUTE bar, with about 900k volume in it and the bar was RED
problem is: it will screw up all the moving averages and price-based indicators if stockcharts doesn’t eliminate it tonight (sometimes they do)
MrMiyagi please report in [edit: just saw MrM's post, thanks]

It's back on stockcharts. Was gone for a few minutes. Strange

[fehro]

INDEX days.. some heavy lifting needs to be done quickly.. to save these.. NDX now <20d.... RUT trying to hold 50d

[ALdaytrade]

SPY 15m ...retesting underside of descending wedge.. weak...

Going with this trade for now.

Thank you fehro!

Just be careful as we tag the 20w SPX .. especially tomorrow.. end of week SPX .. ugly weekly candle.. bulls will want /need to save 2088

Yes, thank you, thinking that as well.

[fehro]

AAPL.. do or die.. <20d.. 50d next.. if it can't hold this level

[zudec]

MrMiyagi please report in, thanks

Also on my RBC platform

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On Fidelity Active Trader too

[ALdaytrade]

Yesterday's chart, SPX failed to break higher at blue resistance.

But I guess it's not the technicals which drive the market today and tomorrow. Greece will have to pay back loans on Friday and I guess that's the key element for this week's trading - not only in Europe, all around the world.

A failure to pay back the 300 million € to the IMF might unleash an uncontrolled chain reaction - and that's what scares everybody. It's not failure to pay a relatively small amount (of 300 million), the problem is that a non-payment would send a very negative signal to all the banks and institutions holding 318 billion € Greek debt.

As far as I recall the problems of Long Term Capital Management in 1998 were only 5 billion - and the markets corrected 22 percent. Of course there was a Russian financial crisis simultaneously, but the total $$$ amount which led to the huge 1998 correction was much, much smaller than 318 billion...

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Do you have a CIT tomorrow around noon on any charts?

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2015/06 ... ay-update/