01/14/2014 Live Update

[Cobra]

so far pullback looks like a bull flag, so likely it'd be bought.

[FlowerGirl]

Hi,Dear FlovwerGirl,could you please tell me where should I watch your charts with so many Pbars?From a software or a website?THX/

Note SPY is currently in the zone where all these pBARs were anchored. Also note last pBAR in this series was on a green candle (end of correction ) .

This chart is courtesy of Mr.Miyagi. The only source for this stuff that I know of. I should have mentioned it.

[Heck]

Overvalued Equity opening long calls/puts > 100% = Market down

http://www.ise.com/market-data/isee-index/

Thanks Heck, isn't the 10:30 est Indicies & ETFs C/P of 100% bullish?

100% right at the bear/bull dividing line for undervalued opening long calls/puts.
Most of the day in bearish territory with +70% more puts.

On the other hand, overvalued Equity calls/puts of 175% bearish.

http://www.ise.com/market-data/isee-index/

Sentiment can be tough to trade

[StudentBill]

We had our needed rally to let off the steam due to the lack of buying volume yesterday afternoon.

[joegamma]

RUT 60m... bear wedge retest??

seems some bull divergnc at bottom of your charts, fwiw (qe has really slowed....

[BullBear52x]

Bears need to keep it under 1836 (61.8%) since VIX is not on bear side now.

[uempel]

Bears need to keep it under 1836 (61.8%) since VIX is not on bear side now.

Dax showed a similar pattern today, broke to the upside 40 minutes before the close

[BullBear52x]

This is /ES hourly. resistance until it's not. it is what it is.

[DumbMoney]

Poor bears...sad.

[fehro]

SPX 60m

[Cobra]

volume surge again, so might be a pullback here which would be bought again.

[BullBear52x]

OK here it is.

[StudentBill]

The blue line starts from the 08 vix top. Vix bottomed right around 12 today and bounced off the blue line. Maybe it's important?

[fehro]

SPX 15m .. wedge/triangle retest

[Al_Dente]

5min internals
Holding “bull trend day” so far...
Worth keeping an eye on NYADV: it toyed with breaking 2000, then this last push moved it back above 2100 (pink arrow)
Volume ratio (shaded green) has been bull all morning (the volume ratio is the key)

[Cobra]

members only update at 12:34 pm
http://www.cobrasmarketview.com/2014/01 ... ay-update/

[BullBear52x]

The blue line starts from the 08 vix top. Vix bottomed right around 12 today and bounced off the blue line. Maybe it's important?

The attachment sc (2).png is no longer available

The fear is low but last two buy signal from $VIX were also fail. LL and LH is cleared on SPY price.

[StudentBill]

The blue line starts from the 08 vix top. Vix bottomed right around 12 today and bounced off the blue line. Maybe it's important?

sc (2).png

The fear is low but last two buy signal from $VIX were also fail. LL and LH is cleared on SPY price.

I agree we could go lower, and likely will as it is hard to time something like that, but I think we are close to some sort of cyclical change in the market and a multi-year gradual increase in volatility. Not just based on that chart but it is a good example of some evidence.

[KeiZai]

GM, let's see if this is still the wave4 or wave3 was a C-wave of rising wedge (ending diagonal)

Thinking about one moar low buy there and see what happens line in the sand is clear = rising wedge trendline

SPX-JAN.png

GL

OK seems like this is the second time in a row I missed the "turning point" swing buy last time it was because of deep pullback (viewtopic.php?f=2&t=1154&p=150510#p150510) this time shallow (viewtopic.php?f=2&t=1180&p=151973#p151973) nice paradox lol

wisdom: the hardest part of trading is to predict the volatility not the direction

still can make a new low later tho, but I would not bet on it as this structure is so choppy and overlapping...so in my honest opinion sooner or later new highs are quiet likely peace

[MrMiyagi]

qqq

iwm