03/01/2013 Live Update

[nightlyhawk]

Short-term: while market falling today, the black line didn't go up. So, I guess big bears aren't doing anything today.

[Cobra]

members only update at 12:17 pm
http://www.cobrasmarketview.com/2013/03 ... ay-update/

[fehro]

a very strong bullish move on the horizon?... invs H&S.. prefer them at lows... but here is one. Or chop around in the red/cyan triangle. watch for that to break, or the neckline. SPX 15m

[tkvprasad]

My short term swing set up, Buy the dip is good, the next step is sell the rip.

Should we not cautious go sell if we the price hits above 152.86 with higher high though RSI reaches at70 and MACD is negative

[gappy]

Dow $ flow negative? http://online.wsj.com/mdc/public/page/2 ... nav_2_3021

[Cobra]

challenge the day high, key time. bull has chances. tinted area the 100% MM target. As usual I'd believe Fib 61.8% target.

[skittlesmds]

a very strong bullish move on the horizon?... invs H&S.. prefer them at lows... but here is one. Or chop around in the red/cyan triangle. watch for that to break, or the neckline. SPX 15m

Can't fight the Fed.

[TWT]

$SPX: If this back and forth contiunues price could be forming a Triangle

[BullBear52x]

My short term swing set up, Buy the dip is good, the next step is sell the rip.

Should we not cautious go sell if we the price hits above 152.86 with higher high though RSI reaches at70 and MACD is negative

sell/buy until it fails. so far it hasn't so I will keep at it.

[ClarkW]

Break through or another lower high?
We'll know soon enough

[BullBear52x]

XIV bulls want to see volatility indexes to move higher, or bear will roam again.

[Unique]

Never seen this before...

[BullBear52x]

TLT must break down below its 50 SMA before bull can move on, for now continue to fasten the seat belt.

[Unique]

SLV Daily looks interesting to me. Possible support soon with confluence of 1.618% and 1.27% of previous moves

SLV...possible count....

Thanks peeps, I'm keeping an eye on the possible bullish divergence on the hourly, awaiting a price confirmation.

[TraderGirl]

Merriman has a turn date of March 4th for currencies...so this may affect commodities in general....

UCO looking like a potentially close to a wave completion...may bounce soon... looking at the $27.42 area....

[TraderGirl]

Reversal in the Dollar soon??

[Unique]

If the Dow continues to be a leading indicator...then next few sessions seems instrumental

[Harapa]

UCO looking like a potentially close to a wave completion...may bounce soon... looking at the $27.42 area....

Yes, but is not yet ready.
My code: All green buy. All red sell.

[tkvprasad]

TLT must break down below its 50 SMA before bull can move on, for now continue to fasten the seat belt.

Now we know what to look !!!!

[tkvprasad]

TLT must break down below its 50 SMA before bull can move on, for now continue to fasten the seat belt.

What about $USDJPY currency pair, it is kind of showing strength and supportive of this upside