08/06/2014 Live Update

[gappy]

Renko. Renko charts ignore time and focus solely on price changes that meet a minimum requirement. In this regard, these charts are quite similar to Point & Figure charts.

Capture.PNG

Volatility of SPX/VIX seems subdued, like a calm bout of profit taking. Old level of gains are running out though.

[Out of Bounds]

TMUS has some more upside IMO

[fehro]

SPX 5m.. smaller version, as we tag orange channel..

[Cobra]

possible 3 push up so here's my guess for fun.

[Cobra]

Man walk dog is not news, dog walk man is. Proud presenting Chinese style of walking dog, no, man...

[Heck]

EQ opening long undervalued calls three times puts suggest higher prices

http://www.ise.com/market-data/isee-index/

[jway888]

Man walk dog is not news, dog walk man is. Proud presenting Chinese style of walking dog, no, man...

Once again this proves that anything is possible when it comes to China

[jack black]

Out of gold shorts. Not sure why the pop. I guess its going to get even more frothy?

Not sure why the pop either, probably news from ukraine war. I was betting on dollar dipping, but it's not happening yet. Miraculously, my HL long positions didn't get stopped and I have a nice profit, but still short of target. On the other hand, I'm not naive and know it's not going to last, so will be watching closely to take profits and turn bearish on equities again.

Interesting analysis of Ukraine war: http://ukraineatwar.blogspot.com/

[Al_Dente]

https://stockcharts.com/freecharts/alertsummary.html

[Cobra]

so far goes as guessed. if the current push up goes up more then the guess is off. wait.

[BullBear52x]

futures bullish crossed. let see how this pull back goes, the next buy the dip will need to be at new high to show the bulls are serious.

[Cobra]

since it's a clear new day high, so bulls generally should have another push up therefore here's updated guess.

[Al_Dente]

Relative Rotation Graph with just a FOUR WEEK tail
TRAN has been demoted; only OEX (100 lg cap), NDX (100 hot tech) and EEM (Emerging Mkts = 61.8% Asia) are still in the leading quadrant (green) and GDX is catching up
Over the four weeks, all are in the red (% change, below). If I change it to 5 weeks, only GDX is green
http://stockcharts.com/docs/doku.php?id ... rrg-charts

[Al_Dente]

Same Rotation Graph but this one is a SECTOR VIEW (plus GDX and TLT)

[grandeG]

Man walk dog is not news, dog walk man is. Proud presenting Chinese style of walking dog, no, man...

That's great!

[Cobra]

members only update at 11:40 am
http://www.cobrasmarketview.com/2014/08 ... ay-update/

[Cobra]

rebound as guessed. decisive new day high then guess is over, so key time.

[jack black]

I posted that yesterday, but there was no discussion.

OK, I have been puzzled by p-bars since I learned about it here some time ago.
I was googling for fractals in stock markets this PM and this old post caught my attentions: http://www.zerohedge.com/article/fracti ... go-gimmick

What it the P-bars were the algo attempt to trigger some limit orders or stops and move markets in that direction, or at least create some instant volatility to profit?

Discuss?

[BullBear52x]

Last sell today. lets show me the money. 2x top

[BullBear52x]

I posted that yesterday, but there was no discussion.

OK, I have been puzzled by p-bars since I learned about it here some time ago.
I was googling for fractals in stock markets this PM and this old post caught my attentions: http://www.zerohedge.com/article/fracti ... go-gimmick

What it the P-bars were the algo attempt to trigger some limit orders or stops and move markets in that direction, or at least create some instant volatility to profit?

Discuss?

I know someone here use it as a holy grail, I take it as trade imbalance. MM price adjustment. dark pool? why show the trail if it's so dark?