03/25/2014 Live Update

[BullBear52x]

The dip buying on /ES intraday turns the cash SPX to buy the dip now too. sorry bears, next dip will be bought, until then......

[Cobra]

possible double top. actually bulls cannot afford to lose battle here.

[MrMiyagi]

spy

[champix]

Well, it seems that European QE is on its way :
BULLET: MNI: --ECB WEIDMANN INTERVIEW: -- Negative Rate.....
25-mars-2014
MNI: --ECB WEIDMANN INTERVIEW:
-- Negative Rate Could Counter Impact Of Strong Euro
-- Seen No Imminent Decision on Negative Rates
-- Still Scope On Conventional Measures But Limited
-- ECB Purchases Of To Rates Private Assets An Option
-- Debate If Classical QE Violates Treaty Ongoing
-- Personal Assessment Of QE Legality A Strict One
-- Currently Not Worried About Money Markets
-- Bond Buys On ECB 'Capital Key' Tantamount To Eurobond

[Cobra]

members only update at 2:50 pm
http://www.cobrasmarketview.com/2014/03 ... ay-update/

[fehro]

http://www.bloomberg.com/news/2014-03-2 ... -says.html

Bitcoin Is Property Not Currency in Tax System, IRS Says

[MrMiyagi]

!!!!! POWER HOUR !!!!!

[rhight]

As the market rings down, more evidence of computers at work?
SPX
Daily 20sma = 1863
Daily 10sma = 1861
Daily 5sma = 1864
60 min 20sma = 1865
15 min 20sma = 1863
Fake out our Break out next?

[Cobra]

pullback since 2 pm looks like a bull flag, so bias is up.

[fehro]

SPX 15m... could go either way here... but break red trendline ... look out below...

[Cobra]

up indeed. now let's see if bulls could make a very strong close today.

[Vaamsy]

up indeed. now let's see if bulls could make a very strong close today.

Isn't that looking like a Cup & Handle??

[Heck]

Market skating on thin ice?
Undervalued bearish Index opening long call/put sentiment as much as three puts for every call

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

[Cobra]

new range. one more test on the upside, then we'll see a breakout.

[Cobra]

up indeed. now let's see if bulls could make a very strong close today.

Isn't that looking like a Cup & Handle??

yes.

[Nrsimha]

In the interest of disclosure, my software is starting to flash a (intermediate/long term) BUY signal on GDX
(parameters -------- > increased likelihood of GDX being higher than it is now at 30 trading days from now.)

I am starting to nibble.

[Cobra]

members only update at 3:47 pm
http://www.cobrasmarketview.com/2014/03 ... ay-update/

[Mr. BachNut]

Still a little while to the close but looking like an inside day for SPX.
Break of high or low tomorrow may provide some directional movement.

Today not exactly the kind of turn-around Tuesday we have gotten used to...

[Cobra]

well, guess that's it for today. Wednesday tomorrow has been mostly bear friendly. 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

[MrMiyagi]

iwm