02/19/2014 Live Update

[Al_Dente]

Folks were frontrunning EEM yesterday, but they've done that before (arrows) and it recovered..…

My volume (top panel green) and volatility were showing weakness and divergence yesterday; I thought they could recover.
Today all moved into the short term bear camp…

[Out of Bounds]

one thing bear camp missed. for market to come down we would have problem on liquidity side of thing, from M1 point of view it's far from lack of money supply. last weekly read is strongest of them all.

But there is no velocity.

[Cobra]

mini roller coaster show, I'm neutral.

[Junior Buffett]

6.50 it is then...good call budy...

Hello Gang!

Anyone play Natural gas here? NG has risen significantly in past couple of months.

monthly, weekly and daily way overbought and way above their top BB ( sorry I do sometime makes decisions on BB), anyone here have any other thoughts? I am thinking to short NG here..suggestions are welcome!

Thank you

$NATGAS target +16% to 6.5

[MrMiyagi]

How many false moves to be expected again?

[BullBear52x]

one thing bear camp missed. for market to come down we would have problem on liquidity side of thing, from M1 point of view it's far from lack of money supply. last weekly read is strongest of them all.

But there is no velocity.

equity up, PM up, bond up, DBA up, and all other commodities, the velocity is there just not into the hyper mode yet.

[Cobra]

100% mm

[Out of Bounds]

one thing bear camp missed. for market to come down we would have problem on liquidity side of thing, from M1 point of view it's far from lack of money supply. last weekly read is strongest of them all.

But there is no velocity.

equity up, PM up, bond up, DBA up, and all other commodities, the velocity is there just not into the hyper mode yet.

Respectfully, I disagree

[ALdaytrade]

fehro,

Are we forming a head and shoulders on the 15 minute s&p chart?

[uempel]

Update with ellipses on SPX 30 min

[BullBear52x]

one thing bear camp missed. for market to come down we would have problem on liquidity side of thing, from M1 point of view it's far from lack of money supply. last weekly read is strongest of them all.

But there is no velocity.

equity up, PM up, bond up, DBA up, and all other commodities, the velocity is there just not into the hyper mode yet.

Respectfully, I disagree

This is when M1 sky rocketing and M2 flat. could you imagine when it circulate?

Oh here is the chart for M2.

[Cobra]

100% mm not fulfilled, I'm a little bearish biased now.

[fehro]

SPX 5m.. messy green channel holding atm, possible messy H&S...

[ALdaytrade]

SPX 5m.. messy green channel holding atm, possible messy H&S...

Re: 02/19/2014 Live Update
by ALdaytrade » Wed Feb 19, 2014 1:13 pm

fehro,

Are we forming a head and shoulders on the 15 minute s&p chart?
ALdaytrade

Posts: 314
Joined: Thu Apr 04, 2013 10:55 am


It is clear on the 15 minute chart.

[Cobra]

this is the 2nd test of day low if sharp up from here then the low was in, so key time.

[BullBear52x]

Short term trend detector, bearish bias but new low needed to confirm bear trend.

[Cobra]

if bulls can follow up this bar then they have chances. wait.

[Cobra]

no follow up, we wait then.

[BullBear52x]

Someone may take TLT little IHS, me takes, sell first ask question later, show me the money at the neck line.

[Cobra]

bulls not over, still could be double bottom. you don't have to trade every second, if not clear, then just stand sideline like what I'm doing now.