01/06/2015 Live Update

[Al_Dente]

INDEX dailies TLT candle needs to be watched.. with increasing volume

dang boss those are two "runaway gaps" I would post Bulkowski link here but I didn't

possible island top? .. testing previous years' highs in 2012 with vol?.. profit taking?

Won’t know if island until tomorrow
Pretty impressive but now pulling back a bit as folks sell TLT to chase a lazy SPY squeeze-ette
Bond market closed with $TNX at 19.6 (1.96% yield), sheeesh

[fehro]

SPX .. VIX possibly could be making a messy H&S , broke wedge and retesting.. SPX a broader .. but messy invs H&S.. orange neckline.. should it tag and pull back to make a RS.. measured move near upper gap.. "IF" it plays out..

[Mr. BachNut]

INDEX dailies TLT candle needs to be watched.. with increasing volume

dang boss those are two "runaway gaps" I would post Bulkowski link here but I didn't

possible island top? .. testing previous years' highs in 2012 with vol?.. profit taking?

Speaking of island tops...
Technical target is the December low less the December SPY dividend.
Another wave down would do it.

[cletus]

No red bar in VXN, so probably a little more turbulence ahead before the Nas 100 bottoms. The spike up was definitely an early warning it could roll over here on volatility.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2015/01 ... ay-update/

[Cobra]

guess that's it for today. Wednesday tomorrow, no clear edges. thank you guys, I'll see you tomorrow.

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

[MrMiyagi]

She ain't gonna hold, Captain....


Wednesday is FOMC at 14:00est

[Mr. BachNut]

TRIN has been cooling off.
Isn't signaling the all clear yet, but the down move is losing energy.

[KENA]

Short squeeze,bears must be getting nervous.

[Cobra]

members only update at 4:00 pm
http://www.cobrasmarketview.com/2015/01 ... ay-update/

[MrMiyagi]

Short squeeze,bears must be getting nervous.

Short squeeze not holding, Bulls pooping themselves.

[Al_Dente]

Ok closing is lower low SPY and HIGHER selling volume
So that cancels my earlier bla bla about a “classic” bottom is near…. not yet…

[Mr. BachNut]

INDEX dailies TLT candle needs to be watched.. with increasing volume

dang boss those are two "runaway gaps" I would post Bulkowski link here but I didn't

possible island top? .. testing previous years' highs in 2012 with vol?.. profit taking?

Speaking of island tops...
Technical target is the December low less the December SPY dividend.
Another wave down would do it.

SPY Island.jpg

NEVERMIND. It looks like this SPY chart is missing a bar of data.
Got corrupted.

[Al_Dente]

NEVERMIND. It looks like this SPY chart is missing a bar of data. Got corrupted.

Thanks for the correction boss; I could not see that on the stockcharts platform even when I used unadjusted SPY (symbol: underscoreSPY)

[Cobra]

by now, the visits are just 2806, still no panic.

[Out of Bounds]

KBIO just cut by more than 50%. Teeny company but a warning nonetheless as to what can happen in these crazy speculatives.