02/14/2014 Live Update

[Cobra]

failed here would be double top, so key time. I'm neutral.

[uempel]

Intraday Bullish Percentages show no weakness: BPNYA +0.77%, BPCOMPQ +0.65%, BPNDX +1.43% and BPSPX +1.52% - the other indices are flat.

[fehro]

RUT daily.

[Al_Dente]

Volatility is still bull-spy on my hourly watch

[Tutti]

The Zweig Breadth Thrust Indicator was triggered
Please verify
(Worden’s T2103 says yes; stockcharts says no. Which one is correct?)

Hey Al - whats the ticker for the Zweig Breadth Thrust on Stockcharts? Is it a custom chart? Thanks

$NYADV:$NYTOT smoothed with a 10 ema

Thanks! Is that daily/weekly/monthly?

[champix]

a long term view on e-miniS&P (ES) with an indicatorI like (Money Flow Index).
Well, hard to believe in a hard drop...

[Cobra]

I read the chart is up biased.

[Al_Dente]

Thanks! Is that daily/weekly/monthly?

DAILY
Tom McClellan and Art Hill both use 10 day ema EXPONENTIAL moving avg, so I do too

OFF TOPIC:
This is one of the new DecisionPoint sentiment symbols, turned into a ratio (bullish-to-bearish)
This is a daily chart, but the sentiment is reported weekly
(Symbol is !IIBULL:!IIBEAR (that’s an exclamation point followed by II for Investor’s Intelligence, etc)

[Tutti]

Thanks! Is that daily/weekly/monthly?

DAILY
Tom McClellan and Art Hill both use 10 day ema EXPONENTIAL moving avg, so I do too

Danka

[fehro]

XLF weekly

[uempel]

Checking RSI on the 60 min:

[Cobra]

Ascending Triangle, targeting $184.16

[uempel]

Cobra, do you have stats for Friday before President's day?

[ALdaytrade]

Cobra, do you have stats for Friday before President's day?

http://blog.stocktradersalmanac.com/pos ... 7s+Almanac+

[Al_Dente]

30 min with currency pairs and emerging and etc:

[uempel]

Thanks! - down before and after President's day

Cobra, do you have stats for Friday before President's day?

http://blog.stocktradersalmanac.com/pos ... 7s+Almanac+

[uempel]

Last update for today:

[ALdaytrade]

Thanks! - down before and after President's day

Cobra, do you have stats for Friday before President's day?

http://blog.stocktradersalmanac.com/pos ... 7s+Almanac+

We can start anytime now, wake up bears! What is the opposite of a rally cap???

[Mr. BachNut]

Clean swift NYMO moves like this from oversold to overbought don't happen often.
I have to go back to 2009 to the early phases of the bull market to find the last ones.

Unfortunately, it doesn't provide much help to anticipate what comes next.
There may be a corrective move down, but there could also be just a pause or even ascension at a slower rate for awhile.

For me though, it does set an important price marker because all the gains after the NYMO cycle high is set are (generally but not always) eventually given up by the next NYMO cycle low.

[Cobra]

almost hit target, this bull might still have legs (i.e. the pullback might be bought)