02/29/2016 Live Update

[Trades with cats]

fehro,
Thanks that 50 day took two days of Fed intervention to recover I wonder how hard they will fight to keep it.

[BullBear52x]

Today is last day of the month, so, it's fair to post this chart now, I was thinking the market might push for black Heikin-Ashi but it's not, so the weakness is more than expected. a drag sideways until May so we can sell in may and go away is still in the card.

[MrMiyagi]

Would some one pls post an intraday NYMO?

Intraday NYMO now flat on the day at +76.30, it was up to +85.96 two hours ago and day high was just about +88.

[MrMiyagi]

SPX at 50sma "support", overhead 10Bband was caressed earlier.

[BullBear52x]

Fun chart, not trade by it. for eyes' candy.

[josephli]

so far, TLT neutral, crude up, USD up. mostly bullish.

[josephli]

Would some one pls post an intraday NYMO?

Intraday NYMO now flat on the day at +76.30, it was up to +85.96 two hours ago and day high was just about +88.

thanks.

[brokebybernacke2]

super tuesday launch?

[BullBear52x]

Chart for the road: Back to bearish bias now that Come2papa bear managed to make LL. 61.8% is sitting at 1935.5. Peace!

[Trades with cats]

super tuesday launch?

Not talking politics, just market. If Trump wins wouldn't that bring great uncertainty, same with Sanders. Cruz wife is Goldman and Clinton is their favorite speech maker so you would think either of them would ease market maker uncertainty.

[josephli]

retesting key 1950 level. not sure.

[MrMiyagi]

!!! POWER HOUR !!!

[fehro]

SPX lower high today, and lower lower.. now <50d VIX perking up

[Out of Bounds]

Last day of the month so last hour could be crazy

[fehro]

still looking for that 50 tag 1942.25 * still triangling/wedging sideways.. in the 5m

almost there SPX 50d 1942.08 then 1938 trend line support.. cyan

ding ding 1938.. cover some shorts here from Friday .. support possible 60m.. orange trend bottom left .. looking for pause, bounce.. maybe

[fehro]

SPY 30m, "W" bottom, invs H&S under jeopardy……. as per last week… viewtopic.php?f=2&t=1958&start=40#p216512

key level.. looks like bears are trying to break it.. could see sharp down, or gap down.. monthly candles under pressure (Feb Open) 1936.94 close = doji on the SPX monthly

[Daniel]

Odd anomaly..

IWM punched to a clear higher high today, but QQQ did not, reversed well short of it.

Not clear what to make of it. EOM and EOQ days sometimes hold clues for the sector rotation of the coming month, but also have alot of meaningless shortterm windowdressing type adjustments.

[fehro]

SPX support.. bulls may counter attack.. and need a close around 1946 or higher to hammer the monthly candle? .. 50d 1942

[brokebybernacke2]

super tuesday launch?

Not talking politics, just market. If Trump wins wouldn't that bring great uncertainty, same with Sanders. Cruz wife is Goldman and Clinton is their favorite speech maker so you would think either of them would ease market maker uncertainty.

sorry, did not imply political influence, although possible, just the specific day, tomorrow, as a possible turn of some sort..posted while back that feb 29 not good day historically to invest dough, poor 5 day return, many know this, so thinking trappy...but since u brought up, trump winning adds more certainty, to the nomination bid pic, breifly, at least

[Al_Dente]

Odd anomaly..
IWM punched to a clear higher high today, but QQQ did not, reversed well short of it.
Not clear what to make of it. EOM and EOQ days sometimes hold clues for the sector rotation of the coming month, but also have alot of meaningless shortterm windowdressing type adjustments.

hi boss: note the "Four Main Food Groups" on the daily
The Dow ($INDU) leads........... right?