01/06/2015 Live Update

[fehro]

VIX daily.. 23.75 seems to be in the cards

[Al_Dente]

intraday 1x
race to “safety” of bonds utilities staples and “illusion of safety” gold
the fact that germany is only slightly down means what? Europe Greece ok now

[fehro]

T2 indicators… TICK -885 LOD… seems not extreme yet (-1099 stock charts)

[DellGriffith]

Goldman Sachs issued this warning yesterday:

Goldman Sachs put out a warning note Monday, cautioning that professional investors may be "unduly bullish."

The bank's Sentiment Indicator is at 100 -- the highest possible level. Historically, that hasn't been good. When the indicator gets that high, it's usually followed by a decline in stocks in the following six weeks.

http://money.cnn.com/2015/01/05/investi ... -fall-oil/

[Al_Dente]

Domes
QQQ at dome base double bottom and AAPL low
Other indices racing to catch-down
No more positive divergence (top panel) on SPY here

[Cobra]

very tight price channel, so it's a strong downtrend, this bear shall still have legs.

[fehro]

VIX 15m into channel resistance atm .. candles starting to look weaker

[FlowerGirl]

Continue to point to a "double bottom" in SPY...

[fehro]

SPY weekly testing 20w SMA *Break and hold below channel = ugliness for weeks..

[soku]

me so mad missed the big down. me so mad to go long here. let's see how it goes. oversold for sure but idk where it heads

[DellGriffith]

Continue to point to a "double bottom" in SPY...

This is a very powerful drop so I think the minimum target will be the lower bb. The lower bb is turning down and dropping so it looks like this drop will surpass the bottom of the last correction.

Once the double bottom fails, its probably a race down to the 200 dma.

[Cobra]

members only update at 12:42 pm
http://www.cobrasmarketview.com/2015/01 ... ay-update/

[Cobra]

mini rebound target, bulls need exceed it to show sign of hopes.

[Al_Dente]

15 min tick is not extremely oversold, still on sell signal
This little intraday bounce should fail until a squeeze trumps ALL

[FlowerGirl]

Continue to point to a "double bottom" in SPY...

This is a very powerful drop so I think the minimum target will be the lower bb. The lower bb is turning down and dropping so it looks like this drop will surpass the bottom of the last correction.
Once the double bottom fails, its probably a race down to the 200 dma.

IMHO, this market is controlled by Algoes...Algoes are out there to go against all logic...Ignoring them is very costly...
A trader only ...cares... how to make money...

[MrMiyagi]

IMHO, this market is controlled by Algoes...Algoes are out there to go against all logic...Ignoring them is very costly...

Have the Algos been buying?

[fehro]

possible minor invs H&S.. as VIX weakens a tad .. 60m possibly trying to print a hammer.. 7mins

[fehro]

.. 60m possibly trying to print a hammer.. 7mins

[Al_Dente]

DellGrif
"""The lower bb is turning down and dropping so it looks like this drop will surpass the bottom of the last correction"""
that's interesting thanks

[FlowerGirl]

IMHO, this market is controlled by Algoes...Algoes are out there to go against all logic...Ignoring them is very costly...

Have the Algos been buying?

I wish I know the answer...I think they use these 100 point SPX moves to trap all retail traders(which are all bearish...all the time)...and then...boom....
How else can you explain all V bottoms?...
All TA is obsolete...