02/10/2015 Live Update

[Cobra]

members only update at 2:56 pm
http://www.cobrasmarketview.com/2015/02 ... ay-update/

[grandeG]

2015-02-10
BLOCK TRADE: $SPY 501,256 shares @ $204.67 [12:48:50]
BLOCK TRADE: $SPY 1,002,512 shares @ $204.67 [12:37:57]2x+100
BLOCK TRADE: $SPY 501,256 shares @ $204.67 [11:53:17]
BLOCK TRADE: $SPY 501,256 shares @ $204.67 [11:47:15]
BLOCK TRADE: $SPY 501,256 shares @ $204.67 [11:33:40]
BLOCK TRADE: $SPY 1,002,512 shares @ $204.67 [11:28:31]2x+100
BLOCK TRADE: $SPY 1,002,412 shares @ $204.67 [11:25:46]2x
BLOCK TRADE: $SPY 1,002,412 shares @ $204.67 [11:16:15]2x
BLOCK TRADE: $SPY 501,206 shares @ $204.67 [11:14:21]
BLOCK TRADE: $SPY 501,206 shares @ $204.67 [11:12:43]
BLOCK TRADE: $SPY 501,206 shares @ $204.67 [11:12:04]

Funny....

[Cobra]

exhaustion bar, so probably a pullback here which likely would be bought.

[fehro]

SPX bears last hope?… sloppy diamond top… seems doubtful.

[Cobra]

members only update at 3:17 pm
http://www.cobrasmarketview.com/2015/02 ... ay-update/

[Cobra]

pullback weak, bias still up

[fehro]

VIX trying to hold channel by the skin of it's teeth.. ..now over the last two months we have popped out of the bearish rising wedge.. only to reverse hard down the next day.. I wouldn't be surprised.. but it's getting a little too predicable.. or is it telling us we near some sort of major turning point.. only time will tell..

[fehro]

XIV still in it's bullish falling wedge.. possible Right Shoulder stage.. /minor bear flag of sorts..

[Cobra]

members only update at 3:48 pm
http://www.cobrasmarketview.com/2015/02 ... ay-update/

[soku]

http://blog.kimblechartingsolutions.com ... um=twitter

[Cobra]

well, guess that's it for today. no clear edges Wednesday tomorrow. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[Junior Buffett]

VIX trying to hold channel by the skin of it's teeth.. ..now over the last two months we have popped out of the bearish rising wedge.. only to reverse hard down the next day.. I wouldn't be surprised.. but it's getting a little too predicable.. or is it telling us we near some sort of major turning point.. only time will tell..

Fehro,

Your S&P chart here shows resistance at 2071..how strong that is?

thanks

[Xian]

XIAN
A must read: AAPL floated bonds denominated in Swiss francs
http://www.aboveavalon.com/notes/2015/2 ... raise-debt

here’s our fave aapl renko; sorry the lines and circles keep slipping but u get the gist of it

210aapl renko_png.png

Thanks Boss

Good days work in orchard. Tomorrow, like always I will be weary of any gap ups. If not tomorrow, then maybe some chop by Thurs? Also want to check tonight to see how many of next weeks 120s got rolled up today.

[fehro]

bear flags? descending wedges?.. very doubtful..

[Xian]

Tim Cook speaking live right now

http://events.apple.com.edgesuite.net/1 ... index.html

[Xian]

Tim Cook: "Apple Pay moving much faster than I thought (it would)"

[fehro]

VIX trying to hold channel by the skin of it's teeth.. ..now over the last two months we have popped out of the bearish rising wedge.. only to reverse hard down the next day.. I wouldn't be surprised.. but it's getting a little too predicable.. or is it telling us we near some sort of major turning point.. only time will tell..

Fehro,

Your S&P chart here shows resistance at 2071..how strong that is?

thanks

Depends on how much credence you would like to give to the red line (could be tweaked/or thicker to hit all the points) with the top left chart... same chart closer view to right.. SPX dailies.. and depends on how strong parallel trend lines/channels are.. fwiw. If there was a turn here in the markets medium term.. 3-6 months.. at this point.. it wouldn't surprise me..

[nysefloortrader]

2 things from the floor here.

1) Bears, and many blogs kept saying we would just go sideways here before a big crash EARLY 2015.

2) Bears will not like what is coming, someone send them a VOMIT BAG please. ,

[nysefloortrader]

bear flags? descending wedges?.. very doubtful..

I love that fact that many bears are turning very bullish charts, moving lines, and trends, adn shifting patterns to make them look BEARISH.....to please themselves

Even if we are up 30 points from here on ES< we are still at fair value. One has to remember that.