01/07/2014 Live Update

[Cobra]

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I'm neutral. kind of stuck in a range between two blue lines. Breakout would be Double Bottom.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/01 ... ay-update/

[gappy]

Cobra and major board members made us good coin yesterday per usual. Thanks and vote Cobra. glta.[attachment=2]Flux.gif[/attachment][attachment=2]Flux.gif[/attachment][attachment=0]fx.PNG[/attachment]

[joegamma]

russl stuck 11340/60 to 11440/60

watch pink and green fans

[joegamma]

I/T vix uncertain

[joegamma]

new hgh to advancers says bounce / consoldate a few days

But trickentrindicator says I/T down for a while,

Good lucka all boardies and THANKS KINGSNAKE!

[flumanchu]

.

POMO Time! - Based on the schedule (appr $9 billion over the next 4 days), it should hold the market up and then some since it's over $2 billion / day.

Tue, Jan 07, 2014 Wed, Jan 08, 2014 Outright Treasury Coupon Purchases 02/15/2021 - 11/15/2023 $2.25 - $3.00 billion
Wed, Jan 08, 2014 Thu, Jan 09, 2014 Outright Treasury Coupon Purchases 02/15/2036 - 11/15/2043 $1.00 - $1.50 billion
Thu, Jan 09, 2014 Fri, Jan 10, 2014 Outright Treasury Coupon Purchases 11/15/2024 - 02/15/2031 $0.60 - $0.90 billion
Fri, Jan 10, 2014 Mon, Jan 13, 2014 Outright Treasury Coupon Purchases 10/31/2019 - 12/31/2020 $2.50 - $3.50 billion

.

[KENA]

PB up to 183.47 now met..marvelous how these work out

[TraderGirl]

That was more exaggerated than what I drew yesterday...but still the same direction....

There is a long term resistance line at 1830-1840 on SPX...has been trying to break out, but wondering if it could end up being resistance for a while??

[Cobra]

good start, so this bull might have legs.

[Cobra]

range top, expect consolidation here. a direct breakout usually would be fake.

[Cobra]

members only update at 10:17 am
http://www.cobrasmarketview.com/2014/01 ... ay-update/

[fehro]

SPX 15m, broken H&S .. reacts as violent as the pattern itself as usual... possible channel resistance near here

[Mr. BachNut]

Neutral.

My summation signal is up but could go neutral for the R2K today depending on how things go.
My composite trend signal is up.

I have been looking to long but waiting for a nice price perhaps with some oversold conditions.
With the rally back to the top of the recent rectangle, perhaps the low is in and a little oversold is not to be.
One thing about this bull is that it has consistently undershot downside corrective potential.
So, I am on the sideline for now and will see how things develop.
The market will tell me what to do in due course (my twitchy mouse finger notwithstanding).

[Mr. BachNut]

Off Topic but good enough to share:

http://www.linkedin.com/today/post/arti ... -stupidity

[fehro]

SPX 60m

[fehro]

VIX 60m... filled the Dec 31 gap this morning and reversed back up sharply

[Mr. T]

"We're never going down again!!!"

[Heck]

Option sentiment overbought and overvalued = Time to sell
http://www.ise.com/market-data/isee-index/ …

[Cobra]

this pullback might have small legs, so dip buyer might want to wait for h2 at least.