07/22/2013 Live Update

[auger]

We are almost at S&P 1700. Anyone think this is time to buy hold or sell?!

trailing stop and go to the beach.

Make sure you're going the right way though

[Cobra]

i'm neutral. hard to call, wait.

[auger]

[fehro]

We are almost at S&P 1700. Anyone think this is time to buy hold or sell?!

Some long term trendlines near there. fwiw.

[Al_Dente]

Breadth and volume show the paucity of selling since 24 June

[Omnilayer]

1 PM: Signal updates still upwards bias but weakening

60 min Long Stop loss under 168.74

60 min Short signal under 168.74

120 min Short signal under 168.43

[Heck]

We are almost at S&P 1700. Anyone think this is time to buy hold or sell?!

Since it has been more than 10 trading days from the below 0.40 reading to the above 0.615 reading, the latest instance does not qualify as an official Zweig Breadth Thrust signal. But it would qualify as an Appel continuation signal, as shown in the lower chart. The problem is that a lot of these supposed continuation signals have turned out to be just blowoff tops. In fact, most of the recent signals have carried that meaning rather than conveying a message of upward continuation

We are operating now in an era when the Federal Reserve seems intent on having its way with the market, and with vanquishing any and all illiquidity dragons. The question for analysts and investors is whether $85 billion a month worth of stimulus is enough, and whether the renewed excitement over the punchbowl not being pulled away is real or just another blowoff. Recent history suggests that the blowoff scenario is more likely

http://www.mcoscillator.com/learning_ce ... st_missed/

FM at 2:16 PM EDT may shed some more light on whether we have a tradable market turning point...

[joegamma]

We are almost at S&P 1700. Anyone think this is time to buy hold or sell?!

YES!!,


but not sure which at this moment

seems a bit overdone short term,
see bullish I/T and Bullish L/T in market breadth,
my gut cannot believe the market's faith in Ben.

Tom McClellan sees "real longterm funadmentals" as simply:
Is there cash to Invest? and HOW Willing is it to be invested?

[joegamma]

nice for a room with a view Auger!
http://www.youtube.com/watch?v=nM8uRndlZIA

[fehro]

SPX 5m

[MrMiyagi]

GLD

[BullBear52x]

bulls or bears alike, next buy will determine the fate of short term move.

Intraday = Buy the dip

[BullBear52x]

What I see.

[Al_Dente]

Scalp internals have been on a SCALP “exit longs” signal since just after noon

And this is the second time today XIV turned away testing her high
XIV high was 25.69 (15 April)
Normally I would call this a double-top sell
But I’ve been brainwashed by the Bull and also by the Snake who might call this “consolidation” with a bull bias….. hmmm....

[fehro]

careful.. getting close to cyan uptrend line.... could be a sharp down break

[springheel_jack]

Nice looking broadening ascending wedge:

http://screencast.com/t/AA6QJQ6Ieu

[BullBear52x]

Scalp internals have been on a SCALP “exit longs” signal since just after noon

And this is the second time today XIV turned away testing her high
XIV high was 25.69 (15 April)
Normally I would call this a double-top sell
But I’ve been brainwashed by the Bull and also by the Snake who might call this “consolidation” with a bull bias….. hmmm....

722xiv_png.png

Always selll double top for extreme counter trend. the question is how extreme are you?

[joegamma]

Scalp internals have been on a SCALP “exit longs” signal since just after noon

And this is the second time today XIV turned away testing her high
XIV high was 25.69 (15 April)
Normally I would call this a double-top sell
But I’ve been brainwashed by the Bull and also by the Snake who might call this “consolidation” with a bull bias….. hmmm....

722xiv_png.png

decent pomo Tue $3-3.5bln , big $4.5+ bln pomo Thur, normally sees good frontrunning bid in london, fwiw...

[Cobra]

this pullback may have small legs at least.

[tigerjim]

bulls or bears alike, next buy will determine the fate of short term move.

Intraday = Buy the dip

Always like your charts - thought you usually use RSI 14 - this looks more like RSI 8??