01/18/2013 Live Update

[fehro]

New VIX support?

looks lower... unless this is a head fake.

[Cobra]

rebound as expected.

[TraderGirl]

New VIX support?

looks lower... unless this is a head fake.

Yes, it broke that support...I have drawn a new trendline...

[BullBear52x]

well, if it went back below mid line on this Keltner I would say bearish but I can not tell now unless someone got the way to tell, it will really be a benefit to all of us now before the weekend.

There is a way to tell, Cobra showed me (us);

NYAD with MACD of 19,39,0 and you can just look at the line and figure it out on the NYMO.
Never mind my BBand squiggles.

Nice, I can see it. now I have to modify my early bird, I use both BB and Kelt on MO but never AD.

[Al_Dente]

XIV now up 6% on the day

[TraderGirl]

This trendline support can be fudged...but looks like support all the way down to 12.25ish...

[Cobra]

well, looks like the 2nd part of my wild-est-est-est guess is wrong.

[BullBear52x]

OOPZ....this is what I called failed Neg D. selling .

[Al_Dente]

$VIX fresh new low $12.40
(12.4% volatility)

[fehro]

SPX 60m

[deeko]

OOPZ....this is what I called failed Neg D. selling .

after the reversal this morning, things look to be setting up nicely for a run at 1500 next week. was it the potential debt ceiling extension that turned the market?

[Daniel-David]

QQQ successful test of 5day MA

[fehro]

OOPZ....this is what I called failed Neg D. selling .

after the reversal this morning, things look to be setting up nicely for a run at 1500 next week. was it the debt ceiling extension that turned the market?

caused fear to leave the market... VIX dropped on the news.

[kenttown]

OOPZ....this is what I called failed Neg D. selling .

after the reversal this morning, things look to be setting up nicely for a run at 1500 next week. was it the potential debt ceiling extension that turned the market?

That's about when VIX started to tank.

[deeko]

QQQ successful test of 5day MA

it appears more likely that the divergence between the SPY and IWM versus the QQQ will be resolved by the QQQ rising to meet the SPY and IWM. That said, I think after this occurs, you will see volatility re-enter which should coincide with congressional brinksmanship.

[TraderGirl]

Uh-oh...when everyone on this blog starts turning bullish...watch out!! I should keep track of the odds...

[deeko]

OOPZ....this is what I called failed Neg D. selling .

after the reversal this morning, things look to be setting up nicely for a run at 1500 next week. was it the potential debt ceiling extension that turned the market?

That's about when VIX started to tank.

Thank you for the info.

[BullBear52x]

Mr. M
here's your chart I am taking out the last zero on MACD make it easier to the eye and what say you on the upper band?

[TraderGirl]

SPX made a higher high from Sept/Oct high, now the Dow is trying...when has the SPX ever made a higher high without the Dow following?

[Al_Dente]

Uh-oh...when everyone on this blog starts turning bullish...watch out!! I should keep track of the odds...

TG u know how crowded it can get when everybody heads in the same direction