09/14/2015 Live Update

[silicon_beaver]

NO RATE HIKE:
According to the 30-day Fed Funds futures prices, which have long been used to express the market's views on the likelihood of changes in U.S. monetary policy, the probability of a September rate hike is only 25%
As of today

914no hike.png.png

Another sign, GOLD is up.

[fehro]

key time.. 21 day uptrend... cracks.. look out below!! SPY 15m left, 60m right

[fehro]

INDEX days.. NDX/USO testing 20d +VIX

[Daniel]

up/down volume continues to deteriorate on both NYSE and Nasdaq

[Al_Dente]

NO RATE HIKE:
According to the 30-day Fed Funds futures prices, which have long been used to express the market's views on the likelihood of changes in U.S. monetary policy, the probability of a September rate hike is only 25%
As of today

Another sign, GOLD is up.

[Cobra]

I consider H&S top successful. now wait to see if bulls can make a double bottom here. key time.

[fehro]

SPX .. VIX 1m continues.. to act strange with very wild swings.. with sharp pop, and pullback 15m shown here.

[Cobra]

members only update at 12:18 pm
http://www.cobrasmarketview.com/2015/09 ... ay-update/

[MrMiyagi]

Hmmm... will double bottom hold or not...

It's looking like a triple bottom, if it holds.

[fehro]

New moon Friday.. fwiw.. SPY 4hr

[fehro]

tighter and tighter into the vortex of the triangle.. = break less meaningful .. (possible chop) probably morph into another pattern..

[Al_Dente]

Declining stocks are 1.7 x advancing stocks (NYDEC/NYADV)
Declining volume is 2.0 x advancing volume (NYDNV/NYUPV)
Bear bias

Declining stocks are 2.19 x advancing stocks
Declining volume is 2.69 x advancing volume
Bear bias

[Al_Dente]

[Unique]

ES: I'm long 1939, stop = 1936. Same kinda trade like on Friday. Risk 3 for 15-20. Target 1950-1952.

FYI, this isn't as high of a probability than the Friday trade just so you know.

[Cobra]

possible double bottom, but vol surge here so might be a pullback first then we'll see.

[Trades with cats]

On the Dec ES contract I have VWAP at 1945.50. With the low volume this week you would think they could at least get it up 2 to that target.

[fehro]

SPX into resistance again..

[Unique]

AMZN: The puts nearly doubled, I nailed the HOD is in prediction. Nothing much to do here. 519 friday low target already reached, closed all my shorts for intraday

GOOGL: If we end well today 655-656, think we gonna gap up tomorrow/ continue to grind up to 667- 674 region this week

TSLA: If bulls end well today 253-255, seems like we gonna gap over 255 tomorrow and go for 259-261 immediate target. Easy money train I guess. If uber bull then 271 is gap fill for later this week.

Keep it simple, pretty easy day today. I'm out again, gotta run!

[fehro]

SPX.. still looking LOD, new LOD, yellow, gap fill

[fehro]

SPX descending wedge 5m.. break LOD measured move 194.50 "IF" it goes..