01/20/2015 Live Update

[uempel]

We see it again and again - the importance of MA 13 and BB 13/1:

[uempel]

My currency tell looks bullish at the moment while equities are acting like they didn't get the memo.

Currency Tell 012015.jpg

BachNut, BPs are flat to very slightly negative, only BPNDX looks bullish ...

[fehro]

SPX.. VIX needs to move.. bear flag… /SPX bullish minor falling wedge..

[grandeG]

Market still a little week but I'd be careful about being too bearish here...

https://www.tradingview.com/x/QdQZaySP/

https://www.tradingview.com/x/cyndLakB/

[grandeG]

I like that chart... Thanks Uempel

I'm waiting for a bounce in BPSPX before playing the long side on SPX. So far no signal to buy

BPSPX2.png

[gappy]

2 day fib'd and fork'd.

Capture.PNG

[dog3442]

hi, great board, can anyone tell me what the moving avg is on Cobras 5min chart SPY? is it 20 EMA or something really close to that? thanks

[Junior Buffett]

Tomorrow is VIX option expiry date...fire work??

[gappy]

1 minute double bottom. Ironcloud resistance.

Capture.PNG

https://www.youtube.com/watch?v=DVdojmdQK1U

[Al_Dente]

Tomorrow is VIX option expiry date...fire work??

VIX futures have been rolling into February contracts all last week at LOWER prices.
Lower VIX favors higher SPY but that is only one of many factors….
http://cfe.cboe.com/data/dailyvxfutures ... fault.aspx

Hi dog3442: welcome, it’s 20ma

[DellGriffith]

REVISION.

Yesterday, I posted a NYMO chart presenting a higher high and suggesting the down cycle was done.
This morning when I updated my data, the chart was changed.
Not sure what happened, but NYMO has not moved into an up cycle yet.
It appears to have made a corrective move to the zero line and is making a coil under zero.
Price has made a corresponding tag of the middle Keltner.
Bulls need to break NYMO out of the coil and above zero.
Apologies to anyone who looked at yesterday's chart.

NYMO 012015.jpg

hah i dont think anyone here is trading on someone elses signals. were just sharing stuff.

[uempel]

I'm waiting - too early to long, too early to short

[gappy]

15 minute.

Capture.PNG

[Mr. BachNut]

My currency tell looks bullish at the moment while equities are acting like they didn't get the memo.

Currency Tell 012015.jpg

BachNut, BPs are flat to very slightly negative, only BPNDX looks bullish ...

Yeah. I'm flat for now.

BPs are weak. Until things improve on that front, I am inclined to anticipate that any rally is corrective.

I know a couple of long only asset managers. As a matter of practice, they resist cashing up in January because it is so seasonally bullish.
They have scar tissue from getting left behind on January rallies gone by.
I don't think this philosophy is unique to them but applies to a lot of these guys. It is now starting to get late in the month.
I am thinking that if the bulls don't get something going soon, the patient money may start taking some chips off the table in February.
It's just mental nose picking for now, but if the BPs stay weak, we may see weakness beget more weakness.

[fehro]

SPX .. VIX still under resistance..

[fehro]

NFLX may feel some heat into earnings .. shoulder in? or not? Complex H&S http://www.investing.com/earnings-calendar/

[gappy]

Capture.PNG

[uempel]

My currency tell looks bullish at the moment while equities are acting like they didn't get the memo.

Currency Tell 012015.jpg

BachNut, BPs are flat to very slightly negative, only BPNDX looks bullish ...

Yeah. I'm flat for now.

BPs are weak. Until things improve on that front, I am inclined to anticipate that any rally is corrective.

I know a couple of long only asset managers. As a matter of practice, they resist cashing up in January because it is so seasonally bullish.
They have scar tissue from getting left behind on January rallies gone by.
I don't think this philosophy is unique to them but applies to a lot of these guys. It is now starting to get late in the month.
I am thinking that if the bulls don't get something going soon, the patient money may start taking some chips off the table in February.
It's just mental nose picking for now, but if the BPs stay weak, we may see weakness beget more weakness.

No signal, slightly bearish bias in my view.

http://stockcharts.com/freecharts/candl ... BPFINA|B|0

[Cobra]

members only update at 12:13 pm
http://www.cobrasmarketview.com/2015/01 ... ay-update/

[uempel]

I posted this chart two hours ago and nothing has changed Should BPSPX shoot up into today's close might change my mind