02/20/2014 Live Update

[Cobra]

bears may finally see a little hope here (say 51.005%) the problem is no time left.

[BullBear52x]

Chart for the road.
$VIX
Bears want RSI >50
Bulls want RSI <50
Bearish bias for equity here, but for it to confirm ViX need to trade above the green mountain.

[Cobra]

well, guess that's it for today. OE tomorrow, Dow up last 4, according to stock trader's almanac. thank you guys, I'll see you tomorrow.

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

[TraderGirl]

Here is another potential wave count...nice reversal at the end of the day...

[TWT]

$SPX: The wave (B) should be in place

[DellGriffith]

Here is another potential wave count...nice reversal at the end of the day...

"nice" depends on how you are positioned haha.

[lewald]

What do others think about shorting UNG as the use of natural gas should be less going forward? The chart looks pretty overbought.

[xfradnex]

What do others think about shorting UNG as the use of natural gas should be less going forward? The chart looks pretty overbought.

Average daily UNG gain in each month over 1500 days. Short on Wed Close if history mean anything
Month 1 = -0.16%
Month 2 = 0.06%
Month 3 = -0.25%
Month 4 = 0.09%
Month 5 = 0.16%
Month 6 = 0.10%
Month 7 = -0.24%
Month 8 = -0.53%
Month 9 = 0.06%
Month 10 = -0.11%
Month 11 = -0.31%
Month 12 = -0.11%
Day 1 = 0.11%
Day 2 = -0.11%
Day 3 = -0.02%
Day 4 = -0.41%
Day 5 = -0.10%

[TWT]

$VXX: If 42.38 holds a s/t bottom should be in place

[TWT]

$VIX: So far weekly bullish Harami. Line in the sand 15.80