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Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 12:25 pm
by Daniel
5min intraday timeframe, SPY and QQQ are below the 20period MA for the first time since they crossed above yest afternoon.

An excellent low-risk place to put in a feeler short, with a natural stop just above the earlier high of the morning. (Should one be bearishly inclined.)

Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 12:30 pm
by fehro
SPX 5m, mind the inter day gap at 1948ish, = 50% retrace of the pullback from the all time highs 20d @1953ish 50d @1956ish

Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 12:43 pm
by gappy
2 hour.
Capture.PNG
Vote Cobra. glta

Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 12:49 pm
by jag99
Daniel wrote:Quite an odd little flashcrash there in the Brazil stock market. Caused perturbation in all broad Latin Am funds, as well as EWZ and the Bovespa Index.

Brazil presidential candidate presumed dead in plane crash

Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 12:53 pm
by Daniel
jag99 wrote:
Daniel wrote:Quite an odd little flashcrash there in the Brazil stock market. Caused perturbation in all broad Latin Am funds, as well as EWZ and the Bovespa Index.

Brazil presidential candidate presumed dead in plane crash
thx

Price recovered rapidly. Perhaps "presumed" turned out to be rumored? (Otherwise why the sharp reversal to near prior price levels...)

Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 1:07 pm
by jag99
Daniel wrote:
jag99 wrote:
Daniel wrote:Quite an odd little flashcrash there in the Brazil stock market. Caused perturbation in all broad Latin Am funds, as well as EWZ and the Bovespa Index.

Brazil presidential candidate presumed dead in plane crash
thx

Price recovered rapidly. Perhaps "presumed" turned out to be rumored? (Otherwise why the sharp reversal to near prior price levels...)
He did not have a chance of getting elected anyways, so they probably realized there was no reason to sell.

Posted: Wed Aug 13, 2014 1:14 pm
by MrMiyagi
VIX testing day's low 2nd time.

Posted: Wed Aug 13, 2014 1:19 pm
by MrMiyagi
What, no "consolidation is good for Bulls" post Cobra :? :?:

Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 1:32 pm
by Cobra
ascending triangle, bias is up.

Re:

Posted: Wed Aug 13, 2014 1:39 pm
by Cobra
MrMiyagi wrote:What, no "consolidation is good for Bulls" post Cobra :? :?:
consolidation not always favors bulls, a prior strong uptrend leading to the pattern is a must.

Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 1:43 pm
by Cobra
breakout, hopefully it's for real. tinted area the target. don't ask me exact number, every time I have bunch of guys asking me exact numbers which is just a rough idea, not science.

Posted: Wed Aug 13, 2014 1:44 pm
by MrMiyagi
Cobra wrote:breakout, hopefully it's for real. tinted area the target.
Do you have an exact number?

Re:

Posted: Wed Aug 13, 2014 1:52 pm
by ALdaytrade
MrMiyagi wrote:
Cobra wrote:breakout, hopefully it's for real. tinted area the target.
Do you have an exact number?
:lol:

Re:

Posted: Wed Aug 13, 2014 1:52 pm
by Cobra
MrMiyagi wrote:
Cobra wrote:breakout, hopefully it's for real. tinted area the target.
Do you have an exact number?

Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 2:04 pm
by DellGriffith
Cobra can I git an exact number?

Posted: Wed Aug 13, 2014 2:04 pm
by MrMiyagi
VIX has not dropped below 13 today, the 10 Bollinger line.

Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 2:10 pm
by TraderGirl
VXX p-bar up to $32...

Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 2:11 pm
by Cobra
failed breakout, as long as the lower blue line holds, bulls are fine.

Posted: Wed Aug 13, 2014 2:26 pm
by MrMiyagi
vix
vix

Re: 08/13/2014 Live Update

Posted: Wed Aug 13, 2014 2:26 pm
by Out of Bounds
RDN - look at that spike from several days ago. Some option activity in SEP calls today