10/01/2014 Live Update

[fehro]

USD/JPY pulling back.. almost taking out yesterday's lows

[MrMiyagi]

qqq

[MrMiyagi]

Wake up Janet... your plan isn't working.....

[flumanchu]

.

The baton has been passed to Draghi - today the markets are saying "If you dispoint and we don't get more POMO, there will be consequences...

.

[Cobra]

members only update at 12:23 pm
http://www.cobrasmarketview.com/2014/10 ... ay-update/

[MrMiyagi]

spy

[fehro]

SPX still looking weak, low holding but barely… 1950 maybe better support

[fehro]

AAPL daily.. loose 50d, mid channel.. look out below.. NDX / AAPL

[uempel]

The channel I drew on the 120 min chart shows the importance of today's low, this chart shows support 1930ish ...

[Cobra]

rang low, 3 push down, so rebound possible.

[uempel]

Back to the 120 min chart - note that RSI is weaker now than 3 hours ago.

[Al_Dente]

My secret grail chart is still loaded with red
Daily, not intraday

[uempel]

rang low, 3 push down, so rebound possible.

Cobra, rebound is always possible but note that RSI is deteriorating.

[jungle trunks]

I'm watching XLF 1-hour, the chart is threatening a potential sizable breakdown

[Cobra]

seems a valid breakdown. here's 100% mm.

[fehro]

RUT nearing spike Feb/May lows.. 1083ish

[fehro]

I'm watching XLF 1-hour, the chart is threatening a potential sizable breakdown

weekly XLF fwiw

[uempel]

A break of the SPX 1955 area would be a damn nuisance to the bulls

[merryme]

9/30/2014
Very unusual Fed action per a $300 billion reverse repo today (a reverse repo withdraws liquidity from the system) since stocks have been down the last few weeks and the average reverse repo has been roughly $150 billion.

from:
http://blog.nowandfutures.com/index.html

some more details:
http://www.zerohedge.com/news/2014-07-1 ... -repo-plan

[FlowerGirl]

Too much fun. I am tired. Need a break.

New Norm:If can't beat them... curse them...