08/01/2016 Live Update

[Mr. BachNut]

TLT one more chance if there is Pos D while MACD still positive here.

Longer term counter trend set up.

Ben can't be happy. Ten year tsy yields went up 5% today. If QE is supposed to keep rates low, he is going to need a bigger helicopter.

[fehro]

SPX daily.. green channel, and magenta channel...

[BullBear52x]

TLT one more chance if there is Pos D while MACD still positive here.

Longer term counter trend set up.

Ben can't be happy. Ten year tsy yields went up 5% today. If QE is supposed to keep rates low, he is going to need a bigger helicopter.

it's only a key board away push enter, BAM! the magic happen, take it now it's your kids money so you can give it back to them later

[Mr. BachNut]

TLT one more chance if there is Pos D while MACD still positive here.

Longer term counter trend set up.

Ben can't be happy. Ten year tsy yields went up 5% today. If QE is supposed to keep rates low, he is going to need a bigger helicopter.

it's only a key board away push enter, BAM! they magic happen, take it now it's your kids money so you can give it back to them later

And then there's the energy quotes (USO +2.5%, UGA +1.0%)...

[Cobra]

failed ascending triangle breakout, it'd be 3 push up then, so 2 legged pullback here.

[Neroli]

Cobra, what is the target for the pullback?

[joegamma]

SPX daily.. green channel, and magenta channel...

gorgeous charts fehro!

[MrMiyagi]

IWM

[Cobra]

members only update at 3:31 pm
http://www.cobrasmarketview.com/2013/08 ... ay-update/

[Cobra]

Cobra, what is the target for the pullback?

don't bother. usually back to up sharply before the close.

[Cobra]

well, might be the same old trick, came back up sharply.

[fehro]

SPX daily.. green channel, and magenta channel...

gorgeous charts fehro!

Thanks! still don't tell us if the Magenta channel will be hit... looks like it at this rate, or the blue channel for a blow off top event... 1850-1900? Yeah always go much higher, and much lower than you expect!

[skittlesmds]

There seemed to be some "frantic" buying there on the ES.

[Cobra]

volume surge, overshot, so hopefully a pullback here. well, doesn't matter anyway.

[Cobra]

well, guess that's it for today. NFP tomorrow nowadays is bull friendly. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp

[BullBear52x]

another losing day for da bear, if you think you can be cute shorting /ES after 20 points gain, think again.


Over all, now I got buy in all time frames. Peace!

[joegamma]

another losing day for da bear, if you think you can be cute shorting /ES after 20 points gain, think again.


Over all, now I got buy in all time frames. Peace!

tough to be a bear.....but WHO is doin all the selling? Is it pros adding to longs up here?
McClellan? said (i think) fast money trades opens, smart money trades on close...