05/24/2016 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].

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

Measured move up or broadening top (blue lines)? I don't believe it's broadening top though.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2016/05 ... ay-update/

[fehro]

Opening at/near the SPX 20d/50d 2063/61. Last Tuesday's open gap 2065-67 a tad higher.
Mind the messy invs H&S /ES 30m at neckline/downtrend (from mid Apr Hi's) measured +35 points target 2093 SPX.
Got the big gap today
Anyhow, SPX 2073-75 upper edge of the bull flag daily. Above that level look for possible new ATH.
Bears H&S pattern under pressure to be broken, 20d/50d holds then mind Friday's gap 2043-40.

[fehro]

SPX pre-open mind the gaps.

[fehro]

MInd your oils/gold DXY nears downtrend

[fehro]

Tradingview SPX500 CFD /ES ish like.. in shape not price 30m invs H&S sloppy. fwiw. *minor green channel adjustment

[Wallstreetrader]

GM

nice move but gap up is not my way what you think ?, I am following that megaphone+donwtrend channel also Cobra

Any idea about Brexit pressure could put in market ?

[BullBear52x]

Wow good news?

first things first, sell @ 57

[BullBear52x]

next dip will be bought thou.

[Wallstreetrader]

Wow good news?

first things first, sell @ 57

with you

[fehro]

SPX mind last Tues gap 2065-67 SPX >20d/50d RUT >20d/50d/200d

[BullBear52x]

a day like today will be sooooo boring for day trade, gap up and stay up flat all day is the classic signature.

[finman66]

SPY p-bar at $206.85 from May 17 met

[Out of Bounds]

Downtrend broken?

[Cobra]

members only update at 9:48 am
http://www.cobrasmarketview.com/2016/05 ... ay-update/

[Out of Bounds]

a day like today will be sooooo boring for day trade, gap up and stay up flat all day is the classic signature.

No gap and run?

[Wallstreetrader]

it seems,

HS vs IHS !!!

[mkdundee]

nyse trin 1.84 basdaq trin 1.40 should give some play to downside

[fehro]

SPX over 2076ish , looking for possible ATH.. daily bull flag break. Resistance close here

[Out of Bounds]

Sold yesterday morning's long at 61.25

Going for breakfast