03/01/2017 Live Update

[BullBear52x]

bulls stop out now, dip will be bought until then.....

[BullBear52x]

Break time.
https://www.youtube.com/watch?v=1UUYjd2rjsE

[BullBear52x]

Clockworks,

[Cobra]

As from where I am sitting I don't see anything like this. Cobra, you in Canada, any storm brewing?

The attachment Storm.jpg is no longer available

No everything is fine and I start to dream of my yacht again. This time it has to be this one:

Very nice, great swimming pool. I imagine you sitting there, drinking tea and hosting the forum with your satellite connection.

The attachment 1.jpg is no longer available

No, I'm swimming now...

[Cobra]

the pullback is buy if not already bought.

[BullBear52x]

No new high from here you know the rules, a reversal will be called out if last buy failed. that's on page 1 of keep it simple of trend trading for dummy.

[Al_Dente]

NY advancing stocks = 2.1 x declining stocks
NY advancing volume = 3.2 x declining volume

NY advancing stocks = 2.3 x declining stocks
NY advancing volume = 3.9 x declining volume

NY advancing stocks = 2.3 x declining stocks
NY advancing volume = 4.4 x declining volume

[Al_Dente]

Founder Ray Dalio stepping down from management at Bridgewater, the whale hedge fund.
Bridgewater's Rubinstein [co-ceo, the hardware engineer from next and apple] to leave after less than a year

Goldman's top FX strategist Robin Brooks is quitting

[multiple sources]

[jungle trunks]

Beige book in about 15 min, market will probably not do much until it digests fed sentiment. If sentiment suggests no March interest rate hike then the market will likely react negatively. The consensus is there will be a hike.

[uempel]

Bollinger Bands on SPX daily:

[Mr. BachNut]

Per earlier post, price is way above upper keltner band.
Today's current high is a little more than 2.0% above the upper band.
Very rare.
Last 10 times things got this stretched are as follows:

5/21/13
3/19/12
2/18/11
1/16/04
1/08/04
6/17/03
1/06/99
4/03/98
3/20/98
6/13/97

One or more of those points may analog to what lies ahead.

[Al_Dente]

IWM two targets
Because IWM is psycho, she could pop back down into the horizontal channels without blinking,
just for a bit of rest and relaxation before hitting the upside targets…
60m

[BullBear52x]

Who to say we are not going to the next FIB fan line? you are not going to make money with this chart but it's fun to look at

[BullBear52x]

What will surprise me the most is if /DX can regain above 101.75 today. swing it's on a sell mode under 101.75 so......let see what the king green back got.

[BullBear52x]

/DX regain >101.75 we get new high on the SPX.

[Al_Dente]

5m
Momentum is easing a bit on smalls
“Should” be a 3rd push up
Higher lows
Raise stop

[uempel]

The three most recent dates given here by Mr. BachNut ...

Per earlier post, price is way above upper keltner band.
Today's current high is a little more than 2.0% above the upper band.
Very rare.
Last 10 times things got this stretched are as follows:

5/21/13
3/19/12
2/18/11
1/16/04
1/08/04
6/17/03
1/06/99
4/03/98
3/20/98
6/13/97

One or more of those points may analog to what lies ahead.

[Al_Dente]

[brokebybernacke2]

The three most recent dates given here by Mr. BachNut ...

Kelt.png

Per earlier post, price is way above upper keltner band.
Today's current high is a little more than 2.0% above the upper band.
Very rare.
Last 10 times things got this stretched are as follows:

5/21/13
3/19/12
2/18/11
1/16/04
1/08/04
6/17/03
1/06/99
4/03/98
3/20/98
6/13/97

One or more of those points may analog to what lies ahead.

ha, yes. 2400sp hit, time to start being cautious, now that remaining puts have been slaughtered...

[Cobra]

vol surge, maybe a pullback here first then we'll see.