03/25/2014 Live Update

[uempel]

Confusing

[Me XMan]

You have bearish views on SPX?

NYSI, weekly NYMO still indicating downside, maybe 70 to 100 points on the S&P.

Correct me if I am wrong.

[Cobra]

this bull has legs. bears might be game over.

[MrMiyagi]

You have bearish views on SPX?

Based on NYSI; very high still and going down slowly. This may also go down with sideways action.

[Al_Dente]

FXI, known as “The Dow of China” has gapped up three days in a row, probably on expectations that China will “fix” everything soon.
Pre-market news:
“China bank panic. Customers at a small bank north of Shanghai rushed to withdraw their funds after rumors spread about its solvency. "The case highlights the urgency of plans to implement a deposit insurance system to protect investors' deposits in case of bank insolvency, given that Chinese are growing increasingly nervous about the impact that slowing economic growth will have on the viability of financial institutions," Reuters said.”

And the zh spin:
http://www.zerohedge.com/news/2014-03-2 ... e-overdone

[TWT]

$SPX: Weak market but not clear breakdown pattern yet

[ALdaytrade]

$SPX: Weak market but not clear breakdown pattern yet

Good one! Up or Down

[Cobra]

lunch time, will be back. bears need some luck here.

[uempel]

Update:

[uempel]

$SPX: Weak market but not clear breakdown pattern yet

Good one! Up or Down

I guess we have to wait and to be careful. I don't see any other game (is waiting a game ) at the moment. One trading idea is to short the US and to long Europe. This hedge should smooth out general equity risk (such as deteriorating Ukraine) and profit on the long run from better valuations in Europe. But this ain't an intraday game and it binds lots of capital ...

[fehro]

SPX 60m.. closer view.. mind the green trends, open gap below

[ALdaytrade]

I should have explained further!

That is my position as well, up or down!

I am just glad that someone else is as confused as I am!

$VIX backed down from the 50 sma:

http://stockcharts.com/h-sc/ui?s=$VIX&p ... 1805877137

This looks like it could bounce:

http://stockcharts.com/h-sc/ui?s=$BPNDX ... 8469431987

[uempel]

BPNDX has move up from 60, now at 61...

[fehro]

SPX 15m... messy

[nightlyhawk]

Intraday chart shows $SPX approaching OB level and less participation from big money. Chart by Sentimentrader.

[uempel]

I should have explained further!

That is my position as well, up or down!

I am just glad that someone else is as confused as I am!

$VIX backed down from the 50 sma:

http://stockcharts.com/h-sc/ui?s=$VIX&p ... 1805877137

This looks like it could bounce:

http://stockcharts.com/h-sc/ui?s=$BPNDX ... 8469431987

BPNDX might be the key for the next few days ...

[fehro]

VIX 60m... could say it broke out of a bullish falling wedge and is possibly retesting this am... still not clean.. but not super bearish for the VIX.. so not super bullish for the SPX

[TWT]

$SPX: Adiós Double Top ? Reconsidering the Triangle or Ending Diagonal options

[fehro]

AAPL daily... pushing outside the upper BBand... possible break in trendline.. good volume... not lovin' the daily dojis tho.

[fehro]

SPX 15m ... possible resistance here...