02/05/2016 Live Update

[MrMiyagi]

qqq

spy

[TraderGirl]

I have an afterhours at 191.6 also....

[josephli]

Two/Three ISE Indices = UP
https://www.ise.com/market-data/isee-index/
Buying $SPX > 1880.47

I realize you may be a contrarian trader then?

Yes
Contrary to ST Sentiment to enter with primary trend

I see thanks. so ISEE index how often do they refresh?

[MrMiyagi]

Intraday NYMO down to +22.59 but off day low.

[BullBear52x]

intraday bears are in control.

[uempel]

Update:

Daily SPX showing support at blue channel approx 1890 and at lower band of green BB 13/1 approx 1876

1 min SPX showing nice bearflag (blue) and a bearish wedge too (in pink, check John Murphy's drawing)

Bearish wedge as we see on the 1 min chart, © John Murphy

[fehro]

Intraday NYMO down to +22.59 but off day low.

yup TRIN flat... trying to creep up SPX daily pretty ugly at this point..

[josephli]

Intraday NYMO down to +22.59 but off day low.

does that satisfy your M shape tope?

[Heck]

Two/Three ISE Indices = UP
https://www.ise.com/market-data/isee-index/
Buying $SPX > 1880.47

I realize you may be a contrarian trader then?

Yes
Contrary to ST Sentiment to enter with primary trend

I see thanks. so ISEE index how often do they refresh?

Every 20 minutes

Indices contrary when premia overvalued
Correlative when undervalued

https://www.ise.com/market-data/isee-index/

[fehro]

Weekly candles.. need help.. still 3 hours to go.. NDX the worst

[Out of Bounds]

[MrMiyagi]

does that satisfy your M shape top?

No, it would at +2/-10 area, SPX possibly at 1855-1862. But of course that's just from previous prints. "They" can change this come Monday.

[Al_Dente]

[Out of Bounds]

25heat.png.png

I've been watching that WMT chart. There's a case to be made for bulls there.

[tsf]

Scott Nations
@ScottNations February 5, 2016 2h2 hours ago

That jobs number was the worst of all possible worlds.
Not enough growth to rally stocks and not weak enough to hold off the Fed.

[Al_Dente]

25heat.png.png

I've been watching that WMT chart. There's a case to be made for bulls there.

hi boss

[josephli]

does that satisfy your M shape top?

No, it would at +2/-10 area, SPX possibly at 1855-1862. But of course that's just from previous prints. "They" can change this come Monday.

thanks.

[josephli]

Even though intraday momentum favor the bear, we are still in a very large range. I see bull may have a potential to push back 10 pts to close in a more neutral way. but swing bias still down.

[Cobra]

higher low? so far no straight down days so bears should be careful here.

[MrMiyagi]

WE'RE
NEVER
EVER
GOING
UP
AGAIN!!!!

EVARRRRRRRR!!!