03/26/2014 Live Update

[Cobra]

vol surge, good bull bar, wait for follow up.

[Me XMan]

Full steam ahead!!!

dip buying attempt not went smoothly but no decisive new low so bears are not safe yet, need do more.

[uempel]

Intraday BPs deteriorating since the opening: BPNYA still at +0.12%, but BPCOMPQ now down 0.72%, BPNDX down 3.28% (now at 59 - it’s a critical pivot because further weakness is a sell signal), BPSPX down 0.27% - the other BPs are flat.

[gappy]

[quote="MrMiyagi"]Weak.. made this chart last night.


Winner chart you drew. One thing you can count on, price always moves back to the cloud, and it's long overdue. 4 day chart, 09 bull run;

Capture.PNG

[TWT]

$SPX: Wedging. Maybe a Leading Diagonal if next bounce establishes a lower high

[ALdaytrade]

Intraday BPs deteriorating since the opening: BPNYA still at +0.12%, but BPCOMPQ now down 0.72%, BPNDX down 3.28% (now at 59 - it’s a critical pivot because further weakness is a sell signal), BPSPX down 0.27% - the other BPs are flat.

http://stockcharts.com/h-sc/ui?s=$BPNDX ... 8469431987

[Nrsimha]

Gold got slammed again this morning. really need it to keep dropping too.

I am getting ready to pull the trigger on GDX and NUGT when the Full STO turns up on the daily.

Edit: I am eyeing the Jan 16 gap on GDX at 22.62 ------- > DellG, do you think we'll hit it?

[TraderGirl]

So far the last few days we have seen some sort of low around 9:25am PST...and again today...but this time will the pattern play out the same...I had a signal on the open, and I have another at the close/open again...

[fehro]

INDEX Dailies.. NDX, COMPQ sitting on 50d... and GLD...

[ALdaytrade]

Gold got slammed again this morning. really need it to keep dropping too.

I am getting ready to pull the trigger on GDX and NUGT when the Full STO turns up on the daily.

GDX is following the bollinger band down, also on the full stochastics, it can stay under the 20 for a long, long time. Maybe wait until the 30th or 31st, as gold usually goes up at the end of the month.

[nightlyhawk]

Unless there is a catalyst to bring down market hard, I don't see bears gaining any momentum so far.

[Out of Bounds]

Daily SPY - because I forget to step back sometimes.

[uempel]

Auction of the 3 and 5 year bonds went very well in every aspect - that's why SPX dipped ...

[Zane]

BECAREFULＧＵＹＳ

[fehro]

TLT daily.. volume needs to pick up on the break.. if there is going to be one

[Out of Bounds]

USD/JPN still dropping

[MrMiyagi]

Unless there is a catalyst to bring down market hard, I don't see bears gaining any momentum so far.

Nor do the Bulls have a catalyst

[Denali92]

Just a heads up here on the deterioration in my favoured vehicles the MID and the RUT.

While the SPX is hanging in like a champ right now, the RUT is approaching its lows for the month and its monthly candle now is not looking healthy (subject to change in the next 4 days...)

The MID is slightly stronger, but is also considering a test of its lows for the month at 1356.

The NDX is a bit further above the monthly lows established on Monday, but could easily break them.

Rotation has sustained the market this month and the financials and AAPL seem to be helping the SPX a lot. Later today, there is a significant announcement on the financials with respect to the dividends they are allowed to pay.

While the SPX is looking reasonably strong, the rest of the market is definitely suffering.

--D

[Denali92]

Fed announcement on bank dividends will be the driver. Financials have been outperforming.

Announcements, I would guess, are post the close.

http://news.yahoo.com/u-banks-brace-sec ... ector.html

-D

Unless there is a catalyst to bring down market hard, I don't see bears gaining any momentum so far.

Nor do the Bulls have a catalyst

[Out of Bounds]

Catalyst
Right here