08/03/2012 Live Update

[Cobra]

Cobra can you say anything about the VIX so low ? ( I am actually looking at the VXX)

I don't care about VIX actual value. I only care if SPX makes a higher high whether VIX makes a lower low, if not, then something wrong. So right now too early to say.

[grachu]

yes you are right . I still think that your evil plan will play out and this is just a rebound.

[EvilTrader]

A shot @139.2 top before crashing ?

[xfradnex]

For Europe, this is what was driving the markets: http://finance.yahoo.com/news/spain-inc ... 51448.html. If Spain asks for help, then this triggers Euro QE.

[SB73]

shorts too scared to do anything...riding the bull train since open. Hold on tight though as once again we are bumping the bollinger. Maybe a pop above on Monday will signal a top. Overall, awfully volatile and do not plan to hold positions overnight as has been the case for the last several weeks.

[jdow]

QQQ 60 day hi

[TradingJackal]

Small p-bar in DJIA for 130.89?

[xfradnex]

There's a reliable historical pattern for Employment data days, very well known.

If Big gap up, we top in the morning then trend down to close.

If Big Gap down its the reverse play.


Isnt that correct ? Someone may add some new info, cobra ?

Im fading it.

Not updated this year, but you get the gist..

10 Strongest NFP days Intraday.JPG

Thanks for sharing.

[Al_Dente]

1min
Nyadv >2500 “bull trend” day, as long as she can hold >2000

[EvilTrader]

There's a reliable historical pattern for Employment data days, very well known.

If Big gap up, we top in the morning then trend down to close.

If Big Gap down its the reverse play.


Isnt that correct ? Someone may add some new info, cobra ?

Im fading it.

Not updated this year, but you get the gist..

10 Strongest NFP days Intraday.JPG

yeah. Thanks !

Thats the high probability play, let´s see if we are lucky this time.

[OverUnder]

Thanks for that article, didn't see it earlier.

For Europe, this is what was driving the markets: http://finance.yahoo.com/news/spain-inc ... 51448.html. If Spain asks for help, then this triggers Euro QE.

[Cobra]

global ES is testing the previous high now. key time. so far the market is unbelievably strong.

[Mr. T]

A shot @139.2 top before crashing ?

Yes, as a matter of fact.....

We're just playing that old game, "Crush the Muppets!!!"

[Mr. T]

Miyagi!!!! Hit the...... oh nevermind.

[xfradnex]

QQQ 60 day hi

Broken red trend line. Still in a large Bear channel(at top); There is more down potential than up (now).

[OverUnder]

VXX new all time low!

[TradingJackal]

Lot of stops where the market is heading. Have a feeling that the market is front running the 'all but certain easing in September'.

[Al_Dente]

Double top was at spy 139.34 from 7/30

[fehro]

still a tad higher?

[Unique]

About to enter SPY swing shorts...I see a very high probability set up

Good luck