03/14/2014 Live Update

[rhight]

Someone may have already mentioned this, but a key level we are close to is the January daily closing highs of spx 1848.4 that we closed below yesterday, a close below that today would be a Weekly Close below that High

[fehro]

SPX 15m mind the lower trends...

[Cobra]

vole surge, hopefully it means rebound which likely would be sold though.

[rhight]

2 bearish 60 min candles in a row (long shadows) on spx - shooting stars - would you agree?

[BullBear52x]

The way we are doing now. my comparison of today to Apr-May of 2011 is playing out now that we have lower bar on histogram.so far

[rhight]

I'm not sure if this mornings pattern (from 3pm yesterday) is long enough in time to constitute a bear flag, if so would target 1816, and that would align with support from the December Highs.

[rhight]

The way we are doing now. my comparison of today to Apr-May of 2011 is playing out now that we have lower bar on histogram.so far

So that analogy would target support in the 1740 range for a rip you face off bounce (similar to late June 2011), and that bounce was very similar in angle to the February advance we just had. One note, the July 2011 low was a difficult to trade bottom before the bounce occurred.

[Cobra]

target, if breakdown. not a valid breakdown yet.

[uempel]

Should SPX break I'll be eyeing 1830ish as next target.

[BullBear52x]

The way we are doing now. my comparison of today to Apr-May of 2011 is playing out now that we have lower bar on histogram.so far

So that analogy would target support in the 1740 range for a rip you face off bounce (similar to late June 2011), and that bounce was very similar in angle to the February advance we just had. One note, the July 2011 low was a difficult to trade bottom before the bounce occurred.

I will look at lower fan line here.

[fehro]

SPX 5m .. possible green bullish falling wedge..

[BullBear52x]

And here is my standard fib measurement.

[fehro]

messy VIX 15m.. possible resistance zone.. filled a gap on the daily..

[BullBear52x]

you got to be kidding me? now the buying is reverse positive. /ES intraday fast pace trading. not recommend.

[BullBear52x]

IFbears got lucky we trade to new LOD, LOD now is line in the sand for mid to long term chase it down. soooo for now let see how rip goes.

[BullBear52x]

/ES 5min. intraday = buy
but now it will challenge 5DMA.

[Cobra]

this bull has legs.

[Out of Bounds]

Nice reverse up to kiss the 20 day moving average. Let's see if it was a kiss goodbye or if they're getting in bed.

[fehro]

SPX 15m.... wedge of sorts... mind the interday gap on SPX 1844.50ish on 5m

[fehro]

SPX 5m.. a tad messy.. not the cleanest patterns yet.... mind the open gap..