03/16/2016 Live Update

fehro · Post by **fehro** » Wed Mar 16, 2016 2:47 pm

SPX resistance.. level.. here.. see if it sticks..

kongen · Post by **kongen** » Wed Mar 16, 2016 2:52 pm

Filled gap, then pulled back.

josephli · Post by **josephli** » Wed Mar 16, 2016 2:54 pm

kongen wrote:Filled gap, then pulled back.

seems penny short from filling

fehro · Post by **fehro** » Wed Mar 16, 2016 2:56 pm

brokebybernacke2 · Post by **brokebybernacke2** » Wed Mar 16, 2016 2:59 pm

how bout some overly bullish final rocket wave to top before brexit/summer time top??

fehro · Post by **fehro** » Wed Mar 16, 2016 3:00 pm

josephli wrote:
kongen wrote:Filled gap, then pulled back.
seems penny short from filling

Dec 31. got 203.88 close.. gap.. SPY HOD 203.72

MrMiyagi · Post by **MrMiyagi** » Wed Mar 16, 2016 3:01 pm

!!! POWER HOUR !!!

fehro · Post by **fehro** » Wed Mar 16, 2016 3:03 pm

RUT still weak… no new high compared to yesterday. vs SPX/NDX/INDU

Wallstreetrader · Post by **Wallstreetrader** » Wed Mar 16, 2016 3:04 pm

2032 as natural target almost hit

Daniel · Post by **Daniel** » Wed Mar 16, 2016 3:06 pm

Emerging markets, commodities, hi yield are all pushing at daily highs

Banks, esp. regionals, not so happy.

fehro · Post by **fehro** » Wed Mar 16, 2016 3:07 pm

fehro wrote:SPY cracks 201-ish uptrend from Feb 11… look for a possible sharp drop - measure wedge move is to 190.. with support at 195.

now 201.50ish.. the key level to the downside.. it goes.. target still the same. ish 190.50

josephli · Post by **josephli** » Wed Mar 16, 2016 3:13 pm

TLT flip back to positive. USD still being sold, but stall.

Post by **Cobra** » Wed Mar 16, 2016 3:26 pm

let's see if bears can make double top here as usually FOMC day closes weak (not saying down, just weak close).

fehro · Post by **fehro** » Wed Mar 16, 2016 3:27 pm

SPX up, TRIN up.. mind the daily candle.. 30m is long long time..

MrMiyagi · Post by **MrMiyagi** » Wed Mar 16, 2016 3:32 pm

NEVER!!!!
EVER!!!!!!
GOING!!!!!
DOWN!!!!!!

EVVARRRR!!!!

brokebybernacke2 · Post by **brokebybernacke2** » Wed Mar 16, 2016 3:35 pm

ok , now in the michael douglas zone.. can stay there for a while before a turn...

http://money.cnn.com/data/fear-and-greed/

Daniel · Post by **Daniel** » Wed Mar 16, 2016 3:36 pm

Naz comp HOD

fehro · Post by **fehro** » Wed Mar 16, 2016 3:38 pm

SPY trying to fill Dec 31 gap, and close green for the year.. 203.88 is the number

fehro · Post by **fehro** » Wed Mar 16, 2016 3:39 pm

Daniel wrote:Naz comp HOD

200d/100d 4421/27

Wallstreetrader · Post by **Wallstreetrader** » Wed Mar 16, 2016 3:41 pm

Cobra's Market View