05/08/2015 Live Update

Out of Bounds · Post by **Out of Bounds** » Fri May 08, 2015 12:55 pm

Russell is weakening, other majors are not joining though.

BullBear52x · Post by **BullBear52x** » Fri May 08, 2015 12:56 pm

crystal ball. a failed on the red line papa bull will be challenge.

fehro · Post by **fehro** » Fri May 08, 2015 12:59 pm

jademann wrote:thanks fehro, looks like my uvxy entry is vix=11.9, if bulls oblige.

weekly... fwiw.. crazy candle.. inverted hammer/ doji ??

MrMiyagi · Post by **MrMiyagi** » Fri May 08, 2015 1:02 pm

Out all long SPY, I'll re-evaluate Monday.

jademann · Post by **jademann** » Fri May 08, 2015 1:03 pm

fehro, I buy uv when vix touches bottom green line, which isn't very often lol
http://stockcharts.com/h-sc/ui?s=%24VIX ... 7771878321

BullBear52x · Post by **BullBear52x** » Fri May 08, 2015 1:04 pm

fehro wrote:
jademann wrote:thanks fehro, looks like my uvxy entry is vix=11.9, if bulls oblige.
weekly... fwiw.. crazy candle.. inverted hammer/ doji ??

If you long $VIX or UVXY I am 99% you will win next week, but to minimize the stress level I would wait out a little. I am only 99% sure

Post by **Cobra** » Fri May 08, 2015 1:13 pm

2nd test of day high, key time, 40% chances of double top.

BullBear52x · Post by **BullBear52x** » Fri May 08, 2015 1:16 pm

I think cobra say sell.

first papa bull challenge of the day.

jway888 · Post by **jway888** » Fri May 08, 2015 1:16 pm

Cobra wrote:2nd test of day high, key time, 40% chances of double top.

How about change that quote to "60% chances of breaking out, or 160% for shureeee it will breakout?"

Haven't seen any -1000 tick, amazing day.

Post by **Cobra** » Fri May 08, 2015 1:18 pm

vol surge, maybe a little pullback here then we'll see.

Out of Bounds · Post by **Out of Bounds** » Fri May 08, 2015 1:18 pm

I'm not sure this thing will work any longer.

QED · Post by **QED** » Fri May 08, 2015 1:29 pm

Out of Bounds wrote:I'm not sure this thing will work any longer.

Try another one!

BullBear52x · Post by **BullBear52x** » Fri May 08, 2015 1:36 pm

counter trend short term is in force.

bulls need to wake Aunty up.

jademann · Post by **jademann** » Fri May 08, 2015 1:43 pm

BB yeah backwardation takes care of those buying uv too early
http://stockcharts.com/h-sc/ui?s=$VIX:$ ... 5766149057

BullBear52x · Post by **BullBear52x** » Fri May 08, 2015 1:56 pm

jademann wrote:BB yeah backwardation takes care of those buying uv too early
http://stockcharts.com/h-sc/ui?s=$VIX:$ ... 5766149057

I hope so.

Post by **Cobra** » Fri May 08, 2015 1:56 pm

pullback can be seen as bull flag, so still not bearish.

chetas · Post by **chetas** » Fri May 08, 2015 2:02 pm

Cobra wrote:pullback can be seen as bull flag, so still not bearish.

or rounding top ? ha ha no such luck for bears huh

BullBear52x · Post by **BullBear52x** » Fri May 08, 2015 2:06 pm

looking back this week of all the ups and downs intraday, the big structure is still favor bears until 2121 can be regained by the bulls.

Post by **Cobra** » Fri May 08, 2015 2:16 pm

vol surge, maybe a rebound here first then we'll see.

BullBear52x · Post by **BullBear52x** » Fri May 08, 2015 2:24 pm

Late day sell off will Re-trigger mid term sell. will be interesting close today.

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