08/25/2014 Live Update

[Cobra]

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I see nothing wrong, could be a rising wedge but wedge is not necessarily a bearish pattern.

[Cobra]

weekly stock picks are here: http://www.cobrasmarketview.com/2014/08 ... ock-picks/

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/08 ... ay-update/

[fehro]

as per Friday's comment.. gap.. mind the triangle target... SPX 5m.. and the open morning gap

[user13]

Vix is oddly up 2%

[DellGriffith]

SPY 11 days up without so much as a breather. Strong!

[Cobra]

members only update at 9:48 am
http://www.cobrasmarketview.com/2014/08 ... ay-update/

[fehro]

SPX 60m nearing resistance.. doji candle next hour?

[Cobra]

The open is strong, I thought it'd do some gap fill at least but no.

[fehro]

SPX 5m... 0.29 short of SPX 2000

[Al_Dente]

new home sales just reported (red)
Minus -2.4% vs estimates of +5.7% mom (month over month)

[fehro]

INDEX Dailies.. quite the pop NDX/COMPQ ... TLT green

[Cobra]

members only update at 10:07 am
http://www.cobrasmarketview.com/2014/08 ... ay-update/

[Heck]

27% ISE Index opening long undervalued calls/puts, puts four times calls, suggest at some point today market may go seriously down

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

[Daniel]

$fvx (5yr note yield) closed Fri above its daily 88-ema.

Yet $tnx (10yr yield) is still struggling, below all major MAs.

Hm.

[Al_Dente]

AAPL starts to fill the morning gap

NY Advancing volume = 3x declining volume
NY advancing stocks = 3x declining stocks

[oldpigwang]

Is spx 2000, spy 200 strong resistance?

[Cobra]

Is spx 2000, spy 200 strong resistance?

SPX 2000 yes.

[Al_Dente]

[Cobra]

consolidation here favors bulls.