04/04/2014 Live Update

[FlowerGirl]

Note how April Fool's Day pBAR set has played out.
Since March 20th , almost all intraday corrections has followed the slop of purple diagonal bars (all these line are parallel to each other). Today may not be different.

The title of this post is not a taunt or challenge to some ones intelligence. I believe Big Boyz use these pBARs to train their juniors/emerging talent. pBARs specifies the limits, just as you would do with your kids.
Enjoy the game!

[Mr. BachNut]

Neutral. No position. Yesterday's order to buy was below the low of the day.

My summation signal is up for the SPX and neutral for the R2K.
My composite trend signal is up but weak and unconfirmed by an important sub-indicator.

Nothing new to say. Trend is up with some issues.
There remains potential (not required) for some kind of pullback before going to its ultimate destination.

[uempel]

Intraday Bullish Percentages are going up - remarkable gains these last 30 minutes: BPNYA +0.21%, BPCOMPQ -0.31%, BPSPX +0.81%, BPOEX +2.70%, BPINDU and BPFINA are flat.

[fehro]

VIX 15m... pressing the LOD

[L_T]

Interesting A / D

[fehro]

SPX 5m... bulls hoping for a green bull flag... but NDX pressing new LOD,.. RUT pressing 20d

[fehro]

SPX 60m... couple of tall wicks on the hourlies.. trying to hold support here..

[fehro]

NDX/COMPQ = ugly dailies

[Cobra]

vol surge, biggest red bar, so might see rebound here first then we'll see (as it's already 2nd bear leg, so hard to say if bears still have legs.)

[Mr. BachNut]

If yesterday's lows are broken, a pullback into the recent trading range scenario is in play.
Potential targets would be to the middle or even the low end of the range perhaps by next week.
Reference NYMO cycle chart posted yesterday.
Not a prediction just a possibility.

[MrMiyagi]

Again.. as soon as I wake up, market drops...

[DellGriffith]

Gold is enjoying a strong upthrust. Is the decline over?

[MrMiyagi]

Market feels very weak... what happened?

qqq5

[finman66]

Again.. as soon as I wake up, market drops...

Take a short nap .... and dont forget to set your alarm.... we need this market to drop further !!!!

[MrMiyagi]

Was there any news that came out or what?

[finman66]

Was there any news that came out or what?

Other than NFP and the standard open higher and then selloff pattern ...... nothing that I'm aware of.

[EvilTrader]

The historical stats shows that NFP days with gaps/morning gains, those gains are reversed to the closing.

So, following stats, NFP day is a sell day, if up in the early session.

But with the easy money all around who knows what may happen ?

This historical scenario is in play. The odds are the odds.

[MrMiyagi]

Other than NFP and the standard open higher and then selloff pattern ...... nothing that I'm aware of.

Thanks.
Bottomless Friday?

[1der]

News???? PBar at 187.00 is checking in

[fehro]

VIX 15m.. near resistance... breaks up... look out below on the indexes... RUT now testing 50d SMA...