11/15/2013 Live Update

[quientuves]

Snif..!! I was waiting a little bank crash after Moody's downrate of the big 3...

I guess you bring em POMO and everything else a minor issue...

[fehro]

SPX 5m.. yesterday's little triangle target reached.. upper green = yellow on the 60m

[Mr. BachNut]

Neutral.

My summation signal is down for the SPX and neutral for the R2K. The SPX will go neutral today barring a surprise and the R2K needs new highs to turn up.
My composite trend signal is up.

New Fed head promises more QE forever. Santa Claus rally on deck. January effect rally on deck. No threats in sight.
What could possibly go wrong?

[fehro]

VIX 15m.. on possible support.. need to check dailies..

[uempel]

Update on time signals today:

[fehro]

VIX daily.. near an open gap from the Mar lows... Outside the BB band.

[Cobra]

wedge instead of ascending triangle. it's a little little bearish biased.

[1der]

Short 179.41. Even though a/d and TRIN say bull, I don't think the VIX can stay at this low level. Crazy low.

OOB - was that just you doubling your short position - SPY 100,000 shares at the bid 179.60 ?

[TWT]

$VIX: The potential bullish falling wedge

[DellGriffith]

Neutral.

My summation signal is down for the SPX and neutral for the R2K. The SPX will go neutral today barring a surprise and the R2K needs new highs to turn up.
My composite trend signal is up.

New Fed head promises more QE forever. Santa Claus rally on deck. January effect rally on deck. No threats in sight.
What could possibly go wrong?

Nothing! In fact, how about a further correction in precious metals, as people take their money out of that sector and use it to buy equities causing more rally?

[Cobra]

10 60 min up bars in a row means 4 out of 5 the next bar would be in red.

[Out of Bounds]

Short 179.41. Even though a/d and TRIN say bull, I don't think the VIX can stay at this low level. Crazy low.

OOB - was that just you doubling your short position - SPY 100,000 shares at the bid 179.60 ?

No, I am trading the SDS. Not that large a positions either.

[fehro]

Neutral.

My summation signal is down for the SPX and neutral for the R2K. The SPX will go neutral today barring a surprise and the R2K needs new highs to turn up.
My composite trend signal is up.

New Fed head promises more QE forever. Santa Claus rally on deck. January effect rally on deck. No threats in sight.
What could possibly go wrong?

Nothing! In fact, how about a further correction in precious metals, as people take their money out of that sector and use it to buy equities causing more rally?

..if that's the case.....looks like the rally will continue until GOLD hits $1100ish...

[uempel]

Neutral.

My summation signal is down for the SPX and neutral for the R2K. The SPX will go neutral today barring a surprise and the R2K needs new highs to turn up.
My composite trend signal is up.

New Fed head promises more QE forever. Santa Claus rally on deck. January effect rally on deck. No threats in sight.
What could possibly go wrong?

That, dear BachNut, is what keeps me awake at night. Keeps reminding me of 1998, when everything looked so perfect and a "financial crisis in Asia" killed the rally.

(For those readers for whom this is ancient history: The "financial crisis in Asia" turned out to be a minor blip and was over in a few months, but SPX lost 22% in a matter of weeks, afterwards it regained the previous level fast and zoomed on to new highs).

[fehro]

60m SPX close-up. fwiw.

[joegamma]

Neutral.

My summation signal is down for the SPX and neutral for the R2K. The SPX will go neutral today barring a surprise and the R2K needs new highs to turn up.
My composite trend signal is up.

New Fed head promises more QE forever. Santa Claus rally on deck. January effect rally on deck. No threats in sight.
What could possibly go wrong?

That, dear BachNut, is what keeps me awake at night. Keeps reminding me of 1998, when everything looked so perfect and a "financial crisis in Asia" killed the rally.

(For those readers for whom this is ancient history: The "financial crisis in Asia" turned out to be a minor blip and was over in a few months, but SPX lost 22% in a matter of weeks, afterwards it regained the previous level fast and zoomed on to new highs).

1998.png

if Yellen doesn't work out, how about Merrywether for Fed Chair?

[fehro]

Neutral.

My summation signal is down for the SPX and neutral for the R2K. The SPX will go neutral today barring a surprise and the R2K needs new highs to turn up.
My composite trend signal is up.

New Fed head promises more QE forever. Santa Claus rally on deck. January effect rally on deck. No threats in sight.
What could possibly go wrong?

on that note.. how are those debt ceiling talks going?.. seems very very quite on the news front... oh right... we got lots of time... 8 weeks, with two sets of major holidays in between...

[Mr. BachNut]

Neutral.

My summation signal is down for the SPX and neutral for the R2K. The SPX will go neutral today barring a surprise and the R2K needs new highs to turn up.
My composite trend signal is up.

New Fed head promises more QE forever. Santa Claus rally on deck. January effect rally on deck. No threats in sight.
What could possibly go wrong?

That, dear BachNut, is what keeps me awake at night. Keeps reminding me of 1998, when everything looked so perfect and a "financial crisis in Asia" killed the rally.

(For those readers for whom this is ancient history: The "financial crisis in Asia" turned out to be a minor blip and was over in a few months, but SPX lost 22% in a matter of weeks, afterwards it regained the previous level fast and zoomed on to new highs).

1998.png

I want to party like it is 1999!

[Royal Flush]

TRIN MIGHT GIVE A SELL SIGNAL NEXT DAY OR SO, bretz rule needs 5 day avg below 4.0

1115trin.png

For a strong rally, we need a surge in NYADV, or a drop in nyhgh from these levels, normally ratio needs lower

1115hg-adv.png

still looking at these and wondering if we are in a new leg up or not

1115trin-upv.png

and, RARE to see the amex highs have negative slope, not sure what it implies

1115amex.png

Hi joegamma, please explain "TRIN MIGHT GIVE A SELL SIGNAL NEXT DAY OR SO, bretz rule needs 5 day avg below 4.0" the 5 day avg would always be below 4.0 as TRIN is seldom above 4.0

[TWT]

$SPX: Watching if the small wedge establishes a s/t top