04/20/2016 Live Update

[Cobra]

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40% chances of double top, let's see.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2016/04 ... ay-update/

[fehro]

SPX minor gap up to 2102, still in key resistance zone.. as VIX still bullish falling wedge .. as VIX expiration today.
key down level 2095 range.. break that could see deeper pullback, upside 2108 next resistance. ATH 2134.71.
Full moon tomorrow. fwiw.

[fehro]

VIX goes for the gap fill Junior Buffet..

viewtopic.php?f=2&t=2009&p=220461&hilit=vix#p220456

[fehro]

NDX weak.. TLT green

[Junior Buffett]

SPX minor gap up to 2102, still in key resistance zone.. as VIX still bullish falling wedge .. as VIX expiration today.
key down level 2095 range.. break that could see deeper pullback, upside 2108 next resistance. ATH 2134.71.
Full moon tomorrow. fwiw.

Thanks Fehro, looking at the VIX future price, I believe VIX Spot is reacting to expiration today and should come back up by end of the day or tomorrow...Can we see a bottom in VIX for next couple of months?

[MrMiyagi]

KO down 5.3% on earnings, BA down 2.8% on downgrade.

[fehro]

SPX wedging .. dabble small position short… hourly hammer, hangman.. speed up to the downside.. add on the way down.

[fehro]

SPX minor gap up to 2102, still in key resistance zone.. as VIX still bullish falling wedge .. as VIX expiration today.
key down level 2095 range.. break that could see deeper pullback, upside 2108 next resistance. ATH 2134.71.
Full moon tomorrow. fwiw.

Thanks Fehro, looking at the VIX future price, I believe VIX Spot is reacting to expiration today and should come back up by end of the day or tomorrow...Can we see a bottom in VIX for next couple of months?

Would seem that way.. looking for divergences… VXX/VIX/SPX

[Cobra]

members only update at 10:06 am
http://www.cobrasmarketview.com/2016/04 ... ay-update/

[fehro]

Sharp reversal VIX.. goes green

[Trades with cats]

More VIX chatter- they think everyone is positioning for ECB action and Fed inaction.
http://www.zerohedge.com/news/2016-04-2 ... t-dec-2014

[Trades with cats]

Crude sort of flat waiting for inventory. Dollar back up to yesterday's opening highs.

[Cobra]

very narrow range, waiting for inventory report at 10:30.

[Junior Buffett]

Sharp reversal VIX.. goes green

Why I don't see green yet? Still down by 3%!

[fehro]

Sharp reversal VIX.. goes green

Why I don't see green yet? Still down by 3%!

need to keep a chart open.. you blink.. and it is back down.. unless you saw the spike on the chart.. sneaky… VIX 1m

[Trades with cats]

CL 2 million build in line with expectations. My opinion is who knows for next week it depends on if they can unload in Houston this week. Gasoline demand up 3.9% compared to same 4 week period last year. Will see if people keep spending into the summer.

[Trades with cats]

Guess between housing and oil we might as well test overnight lows.

[Al_Dente]

Strongest sector XLF is also the most overbought (STO/9 = 99.10)
Red arrows point to the selling of defensives to buy the aggressives

Banks may be a bit over-their-skis, having spent too much time at and above the top of their bolingers.

[fehro]

SPX buckle up.. 2095-2093 goes.. crash helmets may be required .. measure move 2075