09/09/2013 Live Update

[quientuves]

A look at $UTIL, still on the sell

Don't utilities do well, when interest rates rise?.. remember reading something about that awhile back... so at that time a disconnect?

Utilities require a lot of investment. So they usually are heavily indebted. So, if rates jump their profits slide...

[wayne0708]

iWM seems bullish so far.

[fehro]

A look at $UTIL, still on the sell

Don't utilities do well, when interest rates rise?.. remember reading something about that awhile back... so at that time a disconnect?

Utilities require a lot of investment. So they usually are heavily indebted. So, if rates jump their profits slide...

Thanks.. couldn't remember which way it was.. now that makes sense.

[Al_Dente]

messy
just focus on the aqua inverted-head-and-shoulders on spy
it may test and re-test, but if it can hold solidly above the neckline (dashed aqua line), then the target is a brand new high (aqua box)
(drawn per Bulkowski rule-book: http://thepatternsite.com/hsb.html
[edit: fixed chart]

[Cobra]

bias still is up.

[BullBear52x]

iWM seems bullish so far.

short term momentum is strong but LH is clear. need to take that out.

[BullBear52x]

so far here's how I see it and why it's important at this juncture. bulls are the challengers not the bears if one to be honest in pricing analysis

[Harapa]

Happy Trading!

[gappy]

Happy Trading!

Same to you!

[MrMiyagi]

MR T!!! We're NEVER going down again!!!!

[wayne0708]

SPY about to penetrate resistance

[essessme]

Just a heads up -1669.25(Sept ES) is high of hourly contract highest volume candle 7/31 now 2nd highest volume behind Friday's extreme whip-saw. Should be of some import...

hey rhight - I also look to tick and breadth for 'guidance' - no time too post now though - Al cum. tick maybe H.B. but is my best proxy for a gapless spx

[Al_Dente]

EEM is 60% Asia (China)
Last 20 days, only 4 assets here are above 0% (japan just lifted above this morning: won the Olympic bid; GDP revised up)
CHINA is pink
CHINA is strongest, again
http://www.bloomberg.com/news/2013-09-0 ... casts.html

Overbought on the daily, and piercing the upper bolinger again; needs a breather [?]

[Apple]

[Al_Dente]

... Al cum. tick maybe H.B. but is my best proxy for a gapless spx

Hi ess
she's not really HBadger, more like Sharknado
pls explain this later when u have time """best proxy for a gapless spx""

[BullBear52x]

I am playing consolidation phase, sell high here and will see how 163 holds, or got taken out, stop is 168.00

[BullBear52x]

SPY intraday = buy the dip, this is when counter trend intraday take place for me.

[Al_Dente]

unbelievableincredibleoy
7 to 1 up/dn volume ratio is not usually sustainable without a breather INTRADAY ONLY
But nyadv=2300 giant bull at the mom…….

[BullBear52x]

let see how bullish or bearish play over price pays

[Al_Dente]

“Last Hour Sell-Offs Becoming The Norm”
http://www.bespokeinvest.com/thinkbig/2 ... -norm.html

“Over the last month (22 trading days), the market has declined in the last hour of trading 18 times (82%) for an average change of -0.14%.
More recently, the index has now declined in the last hour 8 of the last 9 trading days, and even this week [edit: last week] when the market rose,
it sold off in the final hour 3 out of 4 times!
Traders are just doing whatever they can to get stocks off their hands by the time the 4 o'clock close rolls around.”