01/14/2014 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

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

So far rebound looks like a Bear Flag, so the bias is down.

[Cobra]

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

[KeiZai]

GM, let's see if this is still the wave4 or wave3 was a C-wave of rising wedge (ending diagonal)

Thinking about one moar low buy there and see what happens line in the sand is clear = rising wedge trendline

GL

[gappy]

oil.PNG

fx.PNG[/attachment]Vote Cobra, glta.

[gappy]

GM, let's see if this is still the wave4 or wave3 was a C-wave of rising wedge (ending diagonal)

Thinking about one moar low buy there and see what happens line in the sand is clear = rising wedge trendline

SPX-JAN.png

GL

Here's a count for you KeiZai, can find all kinds of stuff on the "net".

sp.PNG

[KeiZai]

GM, let's see if this is still the wave4 or wave3 was a C-wave of rising wedge (ending diagonal)

Thinking about one moar low buy there and see what happens line in the sand is clear = rising wedge trendline

SPX-JAN.png

GL

Here's a count for you KeiZai, can find all kinds of stuff on the "net".

sp.PNG

Thanks Gappy yeah know the guy Grega is a good trader/waver

[joegamma]

iwm was good buy late yesteray afternoon for brave longs (2% b under zero + dwnvl % tl volume too high)

now, where to sell?

[Denali92]

Just posted extensively on opex and yesterday's price action....

It is in both the outlook and intraday comments..... took some time to pull together as there was a LOT to look at....

http://www.cobrasmarketview.com/2014/01 ... ay-update/

-D

[joegamma]

Just posted extensively on opex and yesterday's price action....

It is in both the outlook and intraday comments..... took some time to pull together as there was a LOT to look at....

http://www.cobrasmarketview.com/2014/01 ... ay-update/

-D

Thanks Denali: its great to have so many skilled and detailed historians on Snake's board!

Looks like the bottom timeframe may fit well with bigpomowednesday too

[Cobra]

morning hourly black bar.

[Cobra]

members only update at 10:06 am
http://www.cobrasmarketview.com/2014/01 ... ay-update/

[joegamma]

its still very early, BUT newhigh to advancer ratio saying do not be short, fwiw--see red histogram, bullish below .04

[Cobra]

volume surge (clear on es chart), resistance, so hopefully a pullback here. so far bulls not looking bad.

[Mr. BachNut]

Net Short. Holding longs and shorts.

My summation signal is down.
My composite trend signal is up with some technical damage done yesterday.

I'm juggling positions around mixed signals.
As much as yesterday was down, I can't conclude that the character of the market has changed.
The VIX tagged new lows yesterday, and the high didn't even break 14.
Thus, it was a very orderly and calm decline yesterday with the fingerprints of the market operations we have been seeing lately but larger.
So, yesterday was bearish but I suspect more ups and downs ahead instead of a clean trend.

I have both summation and trend setups on now with different time horizons and objectives.
I'll be adding and subtracting to these positions as things unfold with a view toward managing through OPEX and Month end.
So, my net position will fluctuate.

I have a guess that we may have to wait until February before the trend clarifies.
Even if the market progresses southward this week, I would think the bulls would still want to attempt a charge for month end.
Everyone will be watching the "January Barometer," which is not looking good at the moment.

[Heck]

Overvalued Equity opening long calls/puts > 100% = Market down

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

[fehro]

SPX 15m at possible resistance near yellow trend

[fehro]

VIX 15m

[fehro]

SPX 60m possible MacD divergence.. retesting bear flag ..within a green bull flag for the bullish inclined

[joegamma]

SPX 15m at possible resistance near yellow trend

Nice charts fehro!
feels kinda like we may have some more shorts to squeeze

[fehro]

Index dailies... 20d SMA retest