04/23/2014 Live Update

[MrMiyagi]

spy

[Al_Dente]

Meanwhile over on the NASDAQ
The internals ratios are 2-to-1 bear
And QQQ prints lower lows

[Al_Dente]

On this narrow view, the only thing holding up is banks
One day only
%

[Out of Bounds]

UH OH
Rally in USD/JPY could kill bears.

[Cobra]

members only update at 2:44 pm
http://www.cobrasmarketview.com/2014/04 ... ay-update/

[fehro]

UH OH
Rally in USD/JPY could kill bears.

maybe just a 50d SMA retest from underneath... @ 102.401 atm

[DellGriffith]

wow. so bullish crosses on spy macd are market tops now? really?

[Al_Dente]

“David Einhorn's hedge fund firm Greenlight Capital is out with is first quarter letter. In it, they talk about how a potential bubble in tech is forming.
As such, they've shorted a basket of momentum names in small size in order to manage risk...”
http://www.marketfolly.com/2014/04/gree ... t+Folly%29

[fehro]

SPX 5m.. trying to hold a base... weak bounce and turn = orange descending triangle.. other wise ... double bottom?

[MrMiyagi]

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

[Out of Bounds]

I don't know what to make of today.

[Al_Dente]

1/TRIN was showing an unexpected bull move
SPY ignored it and continued down
Now it can’t be ignored

[MrMiyagi]

spy

[soku]

Earnings after the bell: $ANGI $AAPL $CTXS $ETFC $FFIV $FB $FTNT $FIO $INFN $LRCX $QCOM $NOW $TXN $ZNGA

[soku]

i get a bullish setup on $ua too. er bmo tomorrow

[fehro]

SPX 5m

[soku]

any gann guy here? i played with the code. can anybody check for me?

[Auole]

This is in part a CoryRosemblum study (et.al.). Looking ominous for a near future (mañana¿) down move.

[Cobra]

members only update at 3:43 pm
http://www.cobrasmarketview.com/2014/04 ... ay-update/

[Auole]

I missed this 1st move but did read last night where GoldmanSachs tooted the miners, though /GC, /SI is not all that positive yet. The background indicator is TRIX. I will be looking for that next higher low on it before buying calls on GDX.