01/29/2016 Live Update

[Daniel]

Weird janking moves. Sold longs.

Possibly this meant "tanking moves"..? Or is it a technical term, for an indicator used by the aforementioned Snoggeroth Model?

[Al_Dente]

Adding correction, clarification:
“”””Overbought could persist another day, possibly two””””
Should read “overbought could persist today, possibly through tomorrow” before a bit of a pullback
60min

For long term overbought it could run up more until RSI 5 hits 70 then another long term sell will kick in.

https://www.youtube.com/watch?v=FsSd6mNDbNs

[uempel]

January 2016 versus January 2008 - update: (correction: breakout up to 1920 the very moment I posted this. MA 20 at 1923)

January 2016 - check SPX staying in the green BB 13/1 like in 2008. So far no breakout to the upside.

January 2008 - focus on green BB 13/1 and the futile breakout to the upside

[fehro]

gap fill.. SPX … 20d just a tad higher.. 1923.85 dabble small short here

[Al_Dente]

NY advancing stocks are 5.2 x declining stocks
NY advancing volume is 4.1 x declining volume

NY advancing stocks are 10 x declining stocks
NY advancing volume is 9.5 x declining volume

[fehro]

TLT a dime short of recent 127.92 highs… SPX nears 20d both green, both near HOD

[Cobra]

members only update at 12:03 pm
http://www.cobrasmarketview.com/2016/01 ... ay-update/

[Out of Bounds]

Weird janking moves. Sold longs.

Possibly this meant "tanking moves"..? Or is it a technical term, for an indicator used by the aforementioned Snoggeroth Model?

Janking is a science unto itself

[BullBear52x]

TLT a dime short of recent 127.92 highs… SPX nears 20d both green, both near HOD

Happy and unhappy charts long term.

[Cobra]

triangle breakout sometimes means the last push up, sometimes, I have no idea if it's the case today, let's see.

[f-stop]

Weird janking moves. Sold longs.

Possibly this meant "tanking moves"..? Or is it a technical term, for an indicator used by the aforementioned Snoggeroth Model?

Relax... It's Spanglish...
Kinda think Tony Montoya school of investing...

Ju gotta phroblem? eh?

[finman66]

SPY p-bars at $191.98 from Jan 15 just tagged

QQQ's at $103.14 met earlier this morning ... $103.77 from Jan 25 still open

[Out of Bounds]

Weird janking moves. Sold longs.

Possibly this meant "tanking moves"..? Or is it a technical term, for an indicator used by the aforementioned Snoggeroth Model?

Relax... It's Spanglish...
Kinda think Tony Montoya school of investing...

Ju gotta phroblem? eh?

He's just joking with me.

[BullBear52x]

People refinance their house at 3% for 30 year loan thinking they got a deal of a century, I think we can do better than that.

[fehro]

SPX top of gap.. got 1921.24 fwiw. 20d 1923.87

[fehro]

SPX .. SPY tags 20d.. SPX still short by 0.50

[Daniel]

"Lunchtime" bull run across many sectors.

QQQ, semis leading the charge, fresh HOD.

[Daniel]

He's just joking with me.

==================

USO pulling off its LOD has been helping this intraday rally breakout... but one always suspects midday moves on a "snapshot day"-- EOM, EOQ. Much temporary positioning, on these last days of a month.

[fehro]

SPX bulls want/need a close > 20d 1924ish .. we pullback support in the 1910-1900 range

[fehro]

USO pulling off its LOD has been helping this intraday rally breakout... but one always suspects midday moves on a "snapshot day"-- EOM, EOQ. Much temporary positioning, on these last days of a month.

USO test and holding above 20d 9.42