06/01/2015 Live Update

[SERVO]

Where's BB52x today? Waiting for him to say sell the rip here, great R/R scalp ES to 2110, risk 1-2 for 5 handles

5-min Histogram is now in buy the dip mode... (1:39PM EST)

[Trades with cats]

But isn't a good jobs number bad because it won't delay the rate increase? OPEC has to hold the line. If they fold now the frackers will finish the 4,500 drilled wells they are sitting on. US drillers have to restate value of recoverable in the ground in October. I think the SEC requires them to use the 12 month average of the front month contract on the first trading day of the month. So more carnage to their balance sheets (and debt covenant violations) if OPEC holds firm, and if I know it so does everyone. Greece is in bonus round getting more money for their banks, so stalling the inevitable is to their advantage.

[Unique]

Where's BB52x today? Waiting for him to say sell the rip here, great R/R scalp ES to 2110, risk 1-2 for 5 handles

5-min Histogram is now in buy the dip mode... (1:39PM EST)

Oh really? Shall I prepare for this...




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Two 5m top wicked red bars within 30minutes, but no bear follow through. 5m 8ema grind up bull fest. 15m holding high so far, price contraction pattern. Fair

[Trades with cats]

BullBear uses an ossilator to time sell the rip. It follows Williams %R pretty closely. Williams says stay long on the ES for now.

[Daniel]

Taking my cue from the Qs today (pardon the pun), since nasdaq breadth showed such clear early RS superiority.

QQQ near HOD but Naz advancers far from it-- this is not promising for breakout.

SPY also nearing HOD.. which is also (212.11) to the penny the R1 resist.pivot

[BullBear52x]

Where's BB52x today? Waiting for him to say sell the rip here, great R/R scalp ES to 2110, risk 1-2 for 5 handles

5-min Histogram is now in buy the dip mode... (1:39PM EST)

Thanks that is afirmative. I am on a remote location. see no weakness yet either after the reversal bull run this morning.

[Unique]

ES hourly shake fest potential outcome:
100% MM at 2119~
Friday high = 2122.75.

This is a low probability trade compare to this morning's short and sticksave buy at 2100.
Signals suggest this is a bull trap, but at the end of the day price is king

[Trades with cats]

TF isn't going anywhere either, cant get past R1 pivot, buying is fading.

[MrMiyagi]

qqq

spy

[Daniel]

IYT nearing hod, if it prints an even 150 it's there...

Wow. IYT kaboom!

THERE and then some-- fresh HOD 150.74!

[fehro]

VIX possible support.. SPX nearing open gap

[Daniel]

Multi-sector fresh HOD(s), ..but QQQ and IWM, not yet.

[fehro]

USOIL testing my patience.. and my shorts...

[Cobra]

breakout. this bull shall have legs.

[Daniel]

UUP dropping to 25.57 would generate an intraday sell signal (below VWAP) on the ETF, purely as a momentum shorter/longer ema crossover on 5min chart.

[fehro]

INDEX days.. COMPQ/ NDX /RUT .. near break even, hanging man candles.. VIX inverted hammer.. still hour or so to go.. not exactly bullish looking at the moment

[Unique]

USOIL testing my patience.. and my shorts...

Why short USO when daily sticksaved double bottom (CL 56.5) and reclaimed daily 20ema now?
Waiting for ignition bar for second leg up on daily
Also, CL last weekly bar was almost a dragonfly doji sticksave bull
edit: spelling

[Daniel]

Multi-sector fresh HOD(s), ..but QQQ and IWM, not yet. QQQ pushing, pushing, near HOD but Naz advancers far from it-- this is not promising for breakout.

IWM, QQQ, still no breakout, bit of concern to bulls since they led the early surge up off the AM lows.

[MrMiyagi]

breakout. this bull shall have legs.

[Out of Bounds]

Holy cow that is funny