09/06/2013 Live Update

[Daniel-David]

"S&P 500 down 10 big figures since Putin said Russia would help Syria on any strikes."

[Al_Dente]

Tune in on CNN or CNBC - Obama about to talk in St. Petersburg

thanks boss

[fehro]

SPX 5m

[fehro]

SPX 15m

[nightlyhawk]

I showed this 60-minute chart on Cobra's chinese forum yesterday. In the meantime, this 30-minute chart clearly shows a breakdown today

[Daniel-David]

“Putin says Russia already assisting Syria with arms shipments. US Treasury bonds rallying on Russia rhetoric, 10yr loses 10bps to 2.90%.” - Forex Trading News

[BullBear52x]

RSI < 70

[BullBear52x]

JPM

[wayne0708]

Bounce from trendline supports ???

[Daniel-David]

RVX, VXN fresh hod, vixies usually lead, as iwm and QQQ probe lows...

[fehro]

breaking bearish rising wedge.. possible lower cyan channel.. target

[BullBear52x]

This chart shows that my silly sell signal is still working

[fehro]

SPX 5m

[daytradingES]

Employment Situation
Released On 9/6/2013 8:30:00 AM For Aug, 2013
Prior Prior Revised Consensus Consensus Range Actual
Nonfarm Payrolls - M/M change 162,000 104,000 175,000 150,000 to 234,000 169,000
Unemployment Rate - Level 7.4 % 7.4 % 7.3 % to 7.5 % 7.3 %
Average Hourly Earnings - M/M change -0.1 % 0.0 % 0.2 % 0.1 % to 0.4 % 0.2 %
Av Workweek - All Employees 34.4 hrs 34.5 hrs 34.3 hrs to 34.5 hrs 34.5 hrs
Private Payrolls - M/M change 161,000 127,000 178,000 150,000 to 230,000 152,000

Highlights
There was conflicting information between headlines with the payroll survey and household survey. Payroll jobs were slow while the unemployment rate dipped-and revisions were significant. Total payroll jobs in August gained 169,000, following a revised increase of 104,000 for July (originally up 162,000) and after a revised advance of 172,000 for June (previous estimate was 188,000). The market median forecast was for a 175,000 gain for August. The net revisions for June and July were down 74,000. The unemployment rate dipped to 7.3 percent from 7.4 percent in July. Expectations were for a 7.4 percent unemployment rate.
http://mam.econoday.com/byshoweventfull ... ek.asp#top

[Out of Bounds]

Trin went fro 1.4 to .8 - meaning slightly overbought (not a typo)

[Daniel-David]

SPY 5day MA ca 165, and 10day ca 164.90 as poss support areas.

[Cobra]

members only update at 10:10 am
http://www.cobrasmarketview.com/2013/09 ... ay-update/

[rhight]

Good morning,
I cancelled my buy order for a break above the 20DMA this morning, because the futures reaction to the news reminded me too much of a Fed minutes day, plus I hate to buy/sell gaps. There is usually a better price in the first 30 min. unless it is a gap and run.
That said, according to the Daily ADX, we are in a consolidation, which means use oscillators (and play the 60min swing, if that's your thing.) An average of the prior 12 60min swing lows would put us at 1637 (+/- 13) sometime between today and Monday. It looks like it will get there before I finish typing! But, if a higher low is made (>1628), bears beware, it could spring back up just as quickly. I have to hold my nose and trail a long entry, because that is what my swing system is telling me, but hesitant to take any position over the weekend because of the news flow. If a lower low is made, well, I don't know yet. Disclosure: flat

[johnnywa]

Is this the start of C wave down???

[jademann]

So this morning was extraordinary by any standards. Ultra high manipulation. Did anyone here see through it? and if so what is the key to knowing?
I actually had one sign which at least prevented me from losing and that was a bounce off my favorite VIX ema. Be glad to hear if others had an inkling though....