01/02/2015 Live Update

[Cobra]

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For now, it looks like a bear flag, measured move target at 2035.25, which I'm not sure.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/01 ... ay-update/

[FlowerGirl]

Looking to long NUGT when GDX ~17.90

SVXY doing well...
viewtopic.php?f=2&t=1533#p180127
Let's put aside our prejudices...Work to make money...

[cletus]

Pretty tame open for a first trading day of the year but heading in the right direction...up. If it's typical it should close at least +1% or more on the day.

[fehro]

SPX … possible bullish falling wedge of sorts… red line resistance, as VIX tries to find support

[fehro]

INDEXes quite the pop in UUP ..GLD down

[Out of Bounds]

Short SPY 206.60

[fehro]

SPX speculative.. a tad early… but yellow triangle.. we didn't quite tag the red resistance / VIX green support..

[FlowerGirl]

Looking to long NUGT when GDX ~17.90

SVXY doing well...
viewtopic.php?f=2&t=1533#p180127
Let's put aside our prejudices...Work to make money...

Out of SVXY..
5% gain...looks likea good start for the year...

[fehro]

AAPL almost tagged the 50d and reversed

[Cobra]

members only update at 10:07 am
http://www.cobrasmarketview.com/2015/01 ... ay-update/

[cletus]

Fear still dominates the tape but this is certainly not going to be a big up day for the bulls, which isn't a great early omen for 2015 like I was hoping. It doesn't mean it's doomed but it would have been better to get a bigger up day.

[fehro]

for the very bearish inclined.. possible messy H&S (pick your orange neckline).. with a possible shallow small RS being made now… SPX 60m

[Heck]

Very rare +145% INDEX opening long undervalued calls/puts = BUY DIPS

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

[Out of Bounds]

Lifelock (LOCK) downgrade from Zacks - getting hammered.

[cletus]

JNUG got rejected near the 20 MA. Still not a buy.

[cletus]

Ironically, although there are very few data points, when the S&P closes down 1% on the last day of the prior year bulls would be better off seeing red today, at least looking out one month.

[fehro]

http://www.aaii.com/sentimentsurvey/sen ... ts?adv=yes

[Out of Bounds]

Russell new LOD below 1200

[Out of Bounds]

SPY and Russel breadth negative