01/10/2014 Live Update

[Cobra]

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Kind of 3 Push Up, so the bias is down? As always, I'd like to give bulls more credit so still one more push up? but may not make new rebound high.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/01 ... ay-update/

[gappy]

fx.PNG

oil.PNG

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http://www.bls.gov/news.release/empsit.nr0.htm

[StudentBill]

Anyone else see the P-Bar on VXX up to 42.25?

[DumbMoney]

Anyone else see the P-Bar on VXX up to 42.25?

I see it，too

[fehro]

SPX 5m possible pink triangle... mind the gap

[L_T]

Fun Friday chart: Biotech madness! They have some liver drug that has proved it's efficacy.

[StudentBill]

Something screwy is going on. I think we drop hard from here. Can't post charts now but Vix looks like it is a support and that VXX P-bar is weird and I don't recall seeing those too often. I look and XIV and VXX daily.

[Al_Dente]

6.7% unemployment rate (green)
Ben and Janet use 6.5% as the threshold for MORE TAPER

Non farm payroll 74k vs estimate 196k (red)
Wow? It came in that low?

[Cobra]

members only update at 10:04 am
http://www.cobrasmarketview.com/2014/01 ... ay-update/

[fehro]

SPX 5m... filled gap.. watch lower triangle trend...

[fehro]

still can't pretty the bear with lipstick... still a bear flag... SPX 60m

[Al_Dente]

Anyone else see the P-Bar on VXX up to 42.25?

I see it，too

VXX pbars show on freestockcharts.com this morn [thanks for posting]

[fehro]

NDX 60m.. GOOG getting close to support... AAPL undercut Tuesday's LOD, AMZN weak

[Cobra]

pullback may have legs.

[fehro]

GDX weekly, GDX 60m... possible base on 60m.. complex invs H&S... blue lines are the July 2012 lows.. as show on the weekly.. so not so sure....

[johnnywa]

Possibly put in top today and finish green,market does not seem phased about NFR,tranies strong so watchout bears

[Mr. BachNut]

Neutral.

My summation signal went to neutral at the close yesterday. Lower lows could turn it down today.
My composite trend signal is up.

I have been staying out of the chop all week. Probably a good thing as I am not a day trader.
Some of you swing traders have probably had a productive week.

The SPY 184.57 P-Bar was tagged in the pre-market before NFP.
I don't know if we can call that an official tag, but it was probably a nice tell to short.

I have been looking for a nice low to buy. Things may be more complicated now if I get a sell signal from my summation model.
I need to see how the open session goes, particularly in the afternoon. I could end up short or long or both in coming days.

[fehro]

SPX 5m... didn't quite touch the lower line.. retesting red channel, cyan...

[Cobra]

L1, not sure if it'd work, so I didn't take the trade.