04/16/2014 Live Update

[fehro]

SPX 5m... messy little triangle? bull flag? .. chop chop

[Auole]

Yah, ugly gray chart, but it's just one way I read and like on these moves how the double Sto reads. YM very similar to the ES. says top here. Note all the indicator lower highs. the upvol is moving up but just barely. Per traderMoe fellow am noting the small megaph formation and its counts.

[Cobra]

3rd test of blue line, breakout is more likely.

[MrMiyagi]

Not wanting to hold here, is it....

[user13]

Can anyone recommend some good Trin intaday inflection points

-Thanks

[fehro]

INDU over it's 20d ... RUT / NDX weak atm... INDEX dailies

[MrMiyagi]

Can anyone recommend some good Trin intaday reflection points

TRIN is a bit delayed reaction meter.
I only use it end-of-day.

If it closes 2.5 or higher, next day market being green is high percentage, higher when TRIN closes above 3.00
If it closes very low, 0.60 or less, usually within the next two days market will go down,

Just my experience with it.

[user13]

Can anyone recommend some good Trin intaday reflection points

TRIN is a bit delayed reaction meter.
I only use it end-of-day.

If it closes 2.5 or higher, next day market being green is high percentage, higher when TRIN closes above 3.00
If it closes very low, 0.60 or less, usually within the next two days market will go down,

Just my experience with it.

Thx mrmiyagi
- yea I have the same experience using it at the end of the day. I was trying to see if there were any good intraday signals for it too.

[MrMiyagi]

Thx mrmiyagi
- yea I have the same experience using it at the end of the day. I was trying to see if there were any good intraday signals for it too.

On occasion, when it rockets very high, I have seen it reverse intraday and send market up but I can't pinpoint when and where it may decide to do that.

[DellGriffith]

still bearish here, as SPY still needs to form a lower low. we broke the first downtrend line for this correction today on day 9. which seems to occur about halfway thru a correction as of late which suggests a bottom in two weeks.

[BullBear52x]

Can anyone recommend some good Trin intaday reflection points

TRIN is a bit delayed reaction meter.
I only use it end-of-day.

If it closes 2.5 or higher, next day market being green is high percentage, higher when TRIN closes above 3.00
If it closes very low, 0.60 or less, usually within the next two days market will go down,

Just my experience with it.

Thx mrmiyagi
- yea I have the same experience using it at the end of the day. I was trying to see if there were any good intraday signals for it too.

bottom pannel for Trin, use moving average. 5 MA, in this one min. chart 5 MA = 233 MA

[Cobra]

breakout as expected. tinted area the target.

[soku]

LNG any one? Mid-term position trading. FA TA anything welcome

LNG daily fwiw, I don't follow it.. so do your own due diligence. Short term may see weakness under 20d,mid BBand... minor divergence RSI and histogram MacD?.. so may see lower levels.. blue channel should offer good support.. mind the pink possible "neckline" of a possible future H&S should a lower high be made.. highly speculative. Long term from the scant news I've heard about it sounds good.. so maybe traders push it down in the near term .. only to scoop it up and press it higher in the years to come?

thanks. i will put together my dd later today.

[MrMiyagi]

!!!! POWER HOUR !!!!

[BullBear52x]

Yawn....

[Tutti]

Yawn....

My trading partner takes exception!

[BullBear52x]

MO/NYAD will close in green today and that is......bad news for da bears.

[BullBear52x]

Yawn....

My trading partner takes exception!

019.JPG

cute.

[FlowerGirl]

Team Green is just a (pBAR) step away from their first target but yellow or blue lines are the hurdles to overcome. May be they will jump the creek by gaping up tomorrow

[BullBear52x]

And for bears corner, VIX ratio sell mid BB