07/30/2013 Live Update

[MrMiyagi]

Tomorrow there is no POMO, they replaced it with FOMC shenanigans.

[BullBear52x]

Dailly look,
Bears got NYMO/NAMO, VIX, TICK, TRIN

and...after market will tell the tale of CPC, BPSPX, and MACD to confirm if LL will be possible in a day to come

[fehro]

should be support on 1678ish.. but could get ugly if we slice through..

[Al_Dente]

XIV usually leads………BUT NOT ALWAYS

vix

Thx boss
I was talking about XIV
Here’s my VIX

730vixb_png.png

Thanks, I know you talk about XIV, just want to show VIX to support your view.

[joegamma]

nice doubletop in 60min IWMrenko, thinking about getting more short on a break below 08/10 level here...

[Cobra]

revisit yesterday's low, key time. this pullback should have legs. didn't expect big move today, got to be some news.

[fehro]

VIX daily.. day far from over... but...

[BullBear52x]

AAPL 200ma resistance finally intraday support that view, so far LL is tradable to the down side.

[Al_Dente]

SECTORS
NOT intraday:
Discretionary XLY and energy XLE appear the weakest sectors
Only XLE has made lower lows
Arguably trans IYT was the first to breakdown on the 22nd…. so……it is to be watched carefully

[Cobra]

members only update at 1:59 pm
http://www.cobrasmarketview.com/2013/07 ... ay-update/

[Heck]

revisit yesterday's low, key time. this pullback should have legs. didn't expect big move today, got to be some news.

Nervous Nellies re taper?

[fehro]

revisit yesterday's low, key time. this pullback should have legs. didn't expect big move today, got to be some news.

Nervous Nellies re taper?

market throwing a temper tantrum... we want more QE, we want more QE.. want to scare the FEDs..

[Heck]

SPX IT target still +15% to amazing 1940

FB IT target now +78% to 66

Buying dips and selling rips with trailing stops in and out with the trend

[Heck]

revisit yesterday's low, key time. this pullback should have legs. didn't expect big move today, got to be some news.

Nervous Nellies re taper?

market throwing a temper tantrum... we want more QE, we want more QE.. want to scare the FEDs..

Bingo

Gives smart money another chance to get long

[BullBear52x]

IWM, MACD bearish cross, bear flag, support line bleeched, what not to like if you are a bear, if you are a bull it will be too stubborn not to recognize it. it is what it is, Peace!

I think the low is in today for any good daytrade, checking out....

[MrMiyagi]

[Cobra]

I hope it's bear flag. so far very difficult to call bear flag, nowadays bears have only one leg.

[fehro]

minor bear flag... Bulls looking at possible invs H&S.. don't like the shape of it.. but there it is.. still think lower 1678ish

[Al_Dente]

Q: What is weighing the market down?
A: Best guess:
Tapering fears
VIX
And possibly, whatever is going on with Japan and the Yen

[geezez]

No POMO tomorrow. This is market's little fit.