12/16/2014 Live Update

[fehro]

INDEX dailies… USO trying ..

[Al_Dente]

little bounce in oil (bottom panel) filled this morning’s gap
5min

[Cobra]

members only update at 11:30 am
http://www.cobrasmarketview.com/2014/12 ... ay-update/

[Cobra]

vol surge biggest bull bar, so might see pullback here first which likely would be bought later.

[FlowerGirl]

Next rebound will be very tricky...will be missed by most...except

[Cobra]

members only update at 11:35 am
http://www.cobrasmarketview.com/2014/12 ... ay-update/

[Heck]

A-Top mirror to V-Bottom:
106% Equity opening long overvalued calls/puts
and
19% Index opening long undervalued calls/puts
suggest market DOWN from here:

https://www.ise.com/market-data/isee-index/

[marcueus]

hehe how standard today close on max and tomorrow harami for fed with testing 2025(or 2040) and we can go to hell again

[Trades with cats]

Just look at the five minute bars on CL this morning.

[fehro]

SPX.. getting a little cleaner.. (yeah right fehro ) VIX slips below one trend.. but another is close.. retest of the 50d 2002ish.. would make a nice RS of invs H&S .. which should it play out.. measure to upper 2nd gap

[Al_Dente]

The volume pattern on 60min showed decreased selling at the lows, which is often good for a bounce (selling dries up). I thought it would just bounce to kiss the underside of the overshoot channel, and relieve the oversold conditions. But no, this is a full blown honey badger that won’t stop until the bears finish covering their shorts.

[Al_Dente]

NY advancing volume = 5.2x declining volume
NY advancing stocks = 2.6x declining stocks

Intraday, mostly straight no juice
We haven’t seen this in a while:

[Al_Dente]

So Russia raises rates ...

boss weren't you talking about long oily calls
yesterday or day before
you know...... when we all laughed at you
oy

[DellGriffith]

Extrapolating future events and I think there's a good chance that the next daily SPY MACD bullish cross (whenever it comes) will NOT be #40. It won't meet criteria and have a good chance of failing. I have a method of screening those bullish crosses that is 39-0 going back 10-15 years.

My "feel" is that this isn't going to be the typical Santa Rally winter nor an uptrend in the usual November - May time frame.

[grandeG]

Next rebound will be very tricky...will be missed by most...except

Any chance you can provide some guidance on this one?

[L_T]

So Russia raises rates ...

boss weren't you talking about long oily calls
yesterday or day before
you know...... when we all laughed at you
oy

Yes but a couple of days early. I think you pointed out that oil was something like 3 standard deviations below it's average. I was just trying to say that it will rebound soon and probably with gusto once it starts (snap-back is the term I see often).

PS your memory/recognition of people's posts is very refreshing.

[Cobra]

pullback too large, so could be 2 small legged then we'll see if another big leg up.

[L_T]

Anyone else like the looks of BABA here? If we get that Santa rally everyone talks about I like its near-term prospects based on the chart.

[Al_Dente]

........ PS your memory/recognition of people's posts is very refreshing.

I always keep an eye on u boss
A bounce is just a bounce: https://www.youtube.com/watch?v=olvaDzUi8c8

[K447]

Anyone else like the looks of BABA here? If we get that Santa rally everyone talks about I like its near-term prospects based on the chart.

Santa rally, or Chinese New Year's (Feb 19, 2015) rally? Slightly different time frames.

http://en.wikipedia.org/wiki/Chinese_New_Year