10/20/2014 Live Update

[Junior Buffett]

If the 1995 area can be broken to the upside SPX is back in the blue channel.

gbk.png

YEYEYE...broken and sitting above 1895...

[Cobra]

false breakdown then breakout, so the breakout has better chances, here's target in numbers.

[uempel]

Some people here in the forum are fixated on a bearish flag - but if we look at the bigger picture the short term indicators are up. May I add that the small caps are doing fine and this suggests the market is not going to tank near term. It might make sense to hedge longs into apple earnings after the close, but overall this thrust to the upside has further to go ...

[Eddie]

SSO 30 min chart. Can you feel the tension?

[fehro]

SPX 2m

[fehro]

SPY 5m.. break or not a break

[uempel]

Warren, wait for the close. Unlikely that 1995 resistance can be taken without a zoom up tomorrow at the opening. Only if apple reports subpar earnings - a deep fall from the Half Dome

By the way, I uploaded Yosemite yesterday. So far I'm quite content. I've just got to get used to all the devices ringing when somebody calls me (phone, tablet and computer all start chiming ). But I guess I can switch that off

[Eddie]

As much as people might expect a retest of the recent lows in the near future, if you look at the short term pattern of SSO above, there is a series of higher highs and higher lows. An uptrend. If you are a swing trader, as I am, the market is now in an uptrend. The higher lows give a good location for stops, so risk can be quantified. Have to assume the market moves higher - until it doesn't. I appreciate that many of you may day trade ES, so a move of a few days doesn't do much for you.

[KENA]

Liquidity update..Notice the cross overs.This will bring increased liquidity...Breaking 1895 now brings 1905 into the near term picture. Lets see

chart by stocktiming

chart by stocktiming

[Cobra]

1st target met. 2 more.

[gappy]

Hourly.

Capture.PNG

[BullBear52x]

Entering come2papa 3 on mid to long term entry setup.

[MrMiyagi]

Entering come2papa 3 on mid to long term entry setup.

Long or short side?

[jway888]

1st target met. 2 more.

don't ever trade against the cobra..........

[BullBear52x]

Entering come2papa 3 on mid to long term entry setup.

Long or short side?

sell the rips

[MrMiyagi]

sell the rips

hmmm

[BullBear52x]

sell the rips

hmmm

I thought they are going to push it up to 20 DMA but bulls are a little on the slow side.

[champix]

a break of 1894 eminis&p could open a move to 1900

[BullBear52x]

some simple chart to look at.

[MrMiyagi]

qqq