04/15/2016 Live Update

[ALdaytrade]

I have a dream.

bears have no dream at all

What happened to that H & S? The patterns in the market do not work anymore.

I have an idea that we might reach 2100 next week or higher.

As I reviewed some of the stats on the indicators I followed, it seems non-pattern becomes more and more common, i.e. there is no edge at all at certain phase while "surprise" move becomes more common.

Thank you. Thought I might have been hallucinating and seeing patterns!

[Cobra]

now let's see how many people do think that the up recently is because of the oil product freeze which obviously is a lie. If the up is because of the freeze, then because of meeting on 17, people would dare not hold for the weekend, otherwise, should no selling before the close.

[Denali92]

In reply to a question, I provided a bit more of a view here

http://www.cobrasmarketview.com/2016/04 ... 2625677307

Bottom line - things are still unclear - If SPX had closed down at least 6pts today, then the scenario probabilities would be clearer...

Interestingly, only 11 Tuesday low and Thursday opex week highs in the last 220 opex periods -so a pretty rare week.

-D

[Cobra]

members only update at 3:55 pm
http://www.cobrasmarketview.com/2016/04 ... ay-update/

[Cobra]

well, guess that's it for today. Monday has been mixed. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp