09/17/2014 Live Update

[Cobra]

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Double Top or now, wait to see.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/09 ... ay-update/

[daytradingES]

Markets quiet before FOMC at 2pmET with no change in wording expected
CPI came in flat - slightly down - according to bureau of liars
Expecting a choppy day or perhaps a V day -
high, low, high

H/L est 1996.5 1984.75 =11.75
not trading advice

[uempel]

Update:

[fehro]

SPX 5m.. gap filled

[fehro]

INDEX dailies.. new all time highs TRAN / DOW... RUT>50d NDX testing 50d

[uempel]

This is for Warren resp for Warren Junior:

[uempel]

Cobra, the clock in your forum is 1 hour late - or are you on CDT?

[fehro]

couple interesting articles as we wait for FOMC @ 2:00pm ET

Hilsenrath Backs Away From His "Considerable Time" Prediction http://www.zerohedge.com/news/2014-09-1 ... prediction

Today the Chinese government backed Shanghai Gold Exchange (SGE) brought forward the launch date of its international gold trading platform which is hosted in the city’s free trade zone (FTZ). The gold trading platform will be known as the ‘international board’.

In a surprise announcement, the SGE said today that the international board will go-live this Thursday September 18, eleven days ahead of its original launch date of Monday September 29.

Forty members of the Exchange including global banks UBS, Goldman Sachs, HSBC and Standard Chartered, will participate in gold trading on the SGE’s international board, trading 11 yuan denominated physical gold contracts including the large 12.5 kg (400 oz) bar, the ever popular 1 kg bar and a 100 gram contract.

The location of the SGE international board in the Shanghai free trade zone is symbolic in that this location has been earmarked by the Chinese government as part of financial sector internationalisation strategy.

The SGE is also opening a precious metals vaulting facility in the free trade zone with a 1,000 tonne capacity limit. http://www.zerohedge.com/news/2014-09-1 ... e-thursday

[uempel]

Daytrading: I don't think it's a trap - but let's wait and see

[Cobra]

members only update at 10:05 am
http://www.cobrasmarketview.com/2014/09 ... ay-update/

[Out of Bounds]

Cobra, the clock in your forum is 1 hour late - or are you on CDT?

Go to your control panel and check settings. It's fine for me.

[daytradingES]

The location of the SGE international board in the Shanghai free trade zone is symbolic in that this location has been earmarked by the Chinese government as part of financial sector internationalisation strategy.

The SGE is also opening a precious metals vaulting facility in the free trade zone with a 1,000 tonne capacity limit.[/i] http://www.zerohedge.com/news/2014-09-1 ... e-thursday

Just where I would want to store my gold - in the heartland of a totalitarian state without rule of law.

Of course I don't have any gold - but maybe Switzerland?

[uempel]

Daytrading: I don't think it's a trap - but let's wait and see

uu.png

Well, yeah, looks like it was a trap

[Al_Dente]

[uempel]

Daytrading ES, Is the US a democratic state with a rule of law

[DellGriffith]

daily SPY bb width now between 1.2 &1.3. Not sure when its been down there. has to have been quite a few years.

[FlowerGirl]

Something is not right.
While SPY is challenging the ATH, all measures of market strength are weak.
Look at T2100, T2107, T2108, T2104 & T2123 at FreeStockCharts

[Cobra]

nothing to say, we might be like this until 2pm rate announcement.

[fehro]

Since Interest Rate timing is all the rage with this FOMC....... SPX vs FED RATE vs USD vs GOLD vs OIL ... and USD/ Rate / YEN / EURO / CDN / GOLD. 1980-2014 -wanted a longer time frame.. but that was as far as I could go on Stockcharts... and if you really want to geek out on Economic data from all countries.... charts included! http://www.tradingeconomics.com/united- ... indicators