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Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 2:05 pm
by fehro
SPX 5m... messy little triangle? bull flag? .. chop chop

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 2:11 pm
by Auole
Yah, ugly gray chart, but it's just one way I read and like on these moves how the double Sto reads. YM very similar to the ES. says top here. Note all the indicator lower highs. the upvol is moving up but just barely. Per traderMoe fellow am noting the small megaph formation and its counts.
ymce10min16apr14.png

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 2:15 pm
by Cobra
3rd test of blue line, breakout is more likely.

Posted: Wed Apr 16, 2014 2:23 pm
by MrMiyagi
Not wanting to hold here, is it.... :cry:

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 2:24 pm
by user13
Can anyone recommend some good Trin intaday inflection points

-Thanks

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 2:26 pm
by fehro
INDU over it's 20d ... RUT / NDX weak atm... INDEX dailies

Posted: Wed Apr 16, 2014 2:38 pm
by MrMiyagi
user13 wrote:Can anyone recommend some good Trin intaday reflection points
TRIN is a bit delayed reaction meter.
I only use it end-of-day.

If it closes 2.5 or higher, next day market being green is high percentage, higher when TRIN closes above 3.00
If it closes very low, 0.60 or less, usually within the next two days market will go down,

Just my experience with it. :)

Re:

Posted: Wed Apr 16, 2014 2:41 pm
by user13
MrMiyagi wrote:
user13 wrote:Can anyone recommend some good Trin intaday reflection points
TRIN is a bit delayed reaction meter.
I only use it end-of-day.

If it closes 2.5 or higher, next day market being green is high percentage, higher when TRIN closes above 3.00
If it closes very low, 0.60 or less, usually within the next two days market will go down,

Just my experience with it. :)
Thx mrmiyagi
- yea I have the same experience using it at the end of the day. I was trying to see if there were any good intraday signals for it too.

Posted: Wed Apr 16, 2014 2:46 pm
by MrMiyagi
user13 wrote:Thx mrmiyagi
- yea I have the same experience using it at the end of the day. I was trying to see if there were any good intraday signals for it too.
On occasion, when it rockets very high, I have seen it reverse intraday and send market up but I can't pinpoint when and where it may decide to do that.

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 2:50 pm
by DellGriffith
still bearish here, as SPY still needs to form a lower low. we broke the first downtrend line for this correction today on day 9. which seems to occur about halfway thru a correction as of late which suggests a bottom in two weeks.

Re: Re:

Posted: Wed Apr 16, 2014 2:50 pm
by BullBear52x
user13 wrote:
MrMiyagi wrote:
user13 wrote:Can anyone recommend some good Trin intaday reflection points
TRIN is a bit delayed reaction meter.
I only use it end-of-day.

If it closes 2.5 or higher, next day market being green is high percentage, higher when TRIN closes above 3.00
If it closes very low, 0.60 or less, usually within the next two days market will go down,

Just my experience with it. :)
Thx mrmiyagi
- yea I have the same experience using it at the end of the day. I was trying to see if there were any good intraday signals for it too.
bottom pannel for Trin, use moving average. 5 MA, in this one min. chart 5 MA = 233 MA

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 2:54 pm
by Cobra
breakout as expected. tinted area the target.

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 2:55 pm
by soku
fehro wrote:
soku wrote:LNG any one? Mid-term position trading. FA TA anything welcome
LNG daily fwiw, I don't follow it.. so do your own due diligence. Short term may see weakness under 20d,mid BBand... minor divergence RSI and histogram MacD?.. so may see lower levels.. blue channel should offer good support.. mind the pink possible "neckline" of a possible future H&S should a lower high be made.. highly speculative. Long term from the scant news I've heard about it sounds good.. so maybe traders push it down in the near term .. only to scoop it up and press it higher in the years to come?
thanks. i will put together my dd later today.

Posted: Wed Apr 16, 2014 3:01 pm
by MrMiyagi
!!!! POWER HOUR !!!!

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 3:02 pm
by BullBear52x
Yawn....

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 3:06 pm
by Tutti
BullBear52x wrote:Yawn....
My trading partner takes exception!
019.JPG

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 3:15 pm
by BullBear52x
MO/NYAD will close in green today and that is......bad news for da bears.

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 3:15 pm
by BullBear52x
Tutti wrote:
BullBear52x wrote:Yawn....
My trading partner takes exception!
019.JPG
:) cute.

Kid's Play

Posted: Wed Apr 16, 2014 3:15 pm
by FlowerGirl
Team Green is just a (pBAR) step away from their first target but yellow or blue lines are the hurdles to overcome. May be they will jump the creek by gaping up tomorrow :?:
spy pbar_an.png

Re: 04/16/2014 Live Update

Posted: Wed Apr 16, 2014 3:18 pm
by BullBear52x
And for bears corner, VIX ratio sell mid BB