09/02/2015 Live Update

[fehro]

SPX hourly.. reversal of the first hour.. almost.. cover partial shorts here.. mind the gap.. also could RS and bounce 5m

[fehro]

SPX... soooo close to that gap... "should' get filled.... but RS .. pink line to the upside = invs H&S should we reverse up sharply.. fwiw..

[Heck]

All Three ISE Indices = BUY

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

[fehro]

SPX... soooo close to that gap... "should' get filled.... but RS .. pink line to the upside = invs H&S should we reverse up sharply.. fwiw..

dabble long here

[Al_Dente]

Al_D
You mentioned 'Rule 48' yesterday. Here is some info on it.

NYSE on Tuesday sent out a trader update providing an overview of Rule 48.

http://www.businessinsider.com/nyse-riv ... urd-2015-9

thanks

[Unique]

ES Quick Update: Keep It Simple Stupid Part x

As mentioned before, yesterday was daily large bear bar. So far today is just an inside bar consolidation
for more, aka resting before straight continuation down. Remember yesterday once we broke the 1934 support, the immediate targets were 1900, 1893, 1885, 1865.
The targets are still effective as long as we do not retake 1966.
Stay objective, play it level by level. See charts

[Unique]

TSLA quick update: Sold 25% intraday shorts, guaranteed green trade now. +20%

Same target, same stop.

TSLA Quick Update: Intraday shorts all closed now. +40% ~ but target intraday target still remains at 238- 238.64 gap fill.

Gotta head out for some appointments, good luck all. Please keep miracle bulls away guys.

(SWING shorts untouched, same target 228)

[fehro]

SPX... soooo close to that gap... "should' get filled.... but RS .. pink line to the upside = invs H&S should we reverse up sharply.. fwiw..

dabble long here

not sure.. here in between.. chop till after lunch.. late in the session. sidleline the longs.. still short other position

[fehro]

VIX new LOD

[Cobra]

mm on both side, no idea about direction now.

[Denali92]

September Turning Point Preview can be found here

http://www.cobrasmarketview.com/2015/09 ... ay-update/

I got the outlier right in August...... lets see if the September scenario plays out.

-D

[Daniel]

Up/Down volume is negative for NYSE, positive for Naz. Quite a large disparity. QQQ very strong today, RS sector-leader.

XLE, XOP weak again.

[fehro]

SPX .. slipping lower looks like it wants to fill gap.. but also a possible bullish falling wedge.. for the RS, and possible late day pop.. or.. break down to pink traingle

[Cobra]

members only update at 12:15 pm
http://www.cobrasmarketview.com/2015/09 ... ay-update/

[gappy]

INDEX days.. + 2011 pullback/correction Redux

Capture.PNG

[Cobra]

mm up can be eliminated but we'll have wait to see if bulls can make double bottom.

[Al_Dente]

“The Federal Reserve's latest assessment of the US economy (The Beige Book) will be released at 2 p.m. ET.
Traders will be parsing the release closely, looking for any indication the Fed might look to hike its benchmark interest rate later this month.”

[Trades with cats]

Knocking on the door to down at the PP (1918 ES) for the second time this morning. Last bounce from this level only got to VWAP not up to overnight high levels around the R1 pivot.

But Kuroda San has done his job with the Yen back at 120 and the carry trade is no longer threatened. Oil isn't exactly supporting things as several known possible negatives have all happened at once. Longer term these lower energy prices could enable further Asian currency wars or mitigate some of the world pain when the Fed raises rates and strengthens the dollar. Also I can not think the Saudis would blink now that they can see the financial destruction of unconventional North American oil this winter.

[MrMiyagi]

qqq

[MrMiyagi]

Chinese markets closed until Monday. Maybe some stability on this side for a bit...