08/18/2015 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

========================================================================================================================================================================

Generally the pullback should be bought.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/08 ... ay-update/

[marcueus]

Today should be top for intermediate term - Around 2107 i guess - that would give double top for e-mini also

[fehro]

SPX mind the 20d/50d for a pullback 2095 20w 2102 above. VIX holding up.

[uempel]

As long as the red trend line holds risky longs are ok ...

[fehro]

not even at 50d/20d 2095 .. take that out with conviciton, 2074 200d, 2060, then lower channel 2040 open gap.. . sounds ridiculous at this point.. but if falls apart.. there you go.... doubtful tho.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2015/08 ... ay-update/

[uempel]

Bullish Percentages flat ...

http://stockcharts.com/freecharts/candl ... BPFINA|B|0

[fehro]

SPX.. gaps so so close just above.. 20d/50d so so close just below.. .. minor very messy H&S should we head south

[fehro]

one gap gone.. one to go

[Cobra]

2nd test of yesterday's high, 40% chances of double top.

[fehro]

20d still holding on NDX/RUT/INDU as resistance..

[fehro]

really.. you are that weak you can't fill that little tiny gap above.. try a short here..

[fehro]

sharp reversal on gold.. USO perking up again

[uempel]

Update:

[jungle trunks]

A potential rising wedge to keep an eye out for.

[fehro]

filling the upper gap.. SPX.. VIX trying to hold a higher low.

[fehro]

SPX .. mind VIX resistance.. break could see a sharper pullback

[Cobra]

members only update at 12:22 pm
http://www.cobrasmarketview.com/2015/08 ... ay-update/

[fehro]

possible complex minor H&S SPX 5m.. looking for 2090 on break... 2095 20d/50d could be tough to get through tho.