01/22/2016 Live Update

[K447]

... breadths deterioring ...

$ADUSD just reached record 5207

What indicator is showing you declining breadths?

[Cobra]

vol surge, might be a pullback here first then we'll see. if this is range day, the pullback would be sharp.

[K447]

/CL is squeezing.

JPY vs. USD is also pushing rather high

[josephli]

in the past, once break then we will see bull train. not this time.

[kongen]

cup & handle?

Yes it is. Target 197.72

[Heck]

All Three ISE Indices = UP

https://www.ise.com/market-dat...

[superxy]

Is tick going down?

[Pagat]

not trading options
if someone buys february butterfly 187/193/197 what he expect
plain english please

[BullBear52x]

lots of tea cups

[jademann]

XIV is running faster then SPY ? / or it is just me

I sometimes use XIV as a 5x SPY ETF and UVXY as a 10x inverse SPY ETF

[fehro]

SPX resistance again

[BullBear52x]

USO bottom fishing, this is it

[Cobra]

pullback too sharp which means it's just a range day. now going to range low which may not be the day low though.

[BullBear52x]

wait for Cobra said "high volume there might be a spike up then will see" to buy or use TSI

[icman]

not trading options
if someone buys february butterfly 187/193/197 what he expect
plain english please

crap shot. you are betting that price will be near 193 by opex. also, it seems, if you are long butterfly, dropping volatility will be playing against you.

[josephli]

not trading options
if someone buys february butterfly 187/193/197 what he expect
plain english please

long or short? if long then expect market volatility goes up (big down below 187 or be up beyond 197)

[DellGriffith]

Just eyeballing it but at this point, we need a sharp selloff into the close or my SPY renko system will generate a buy signal at the end of the day. As detailed, that thing is like 11-1 in last 12.

That means it will likely fail spectacularly like everything else I post lol.

[BullBear52x]

Why sell the rip on USO this time will fail, because USO bears are so relax that it always works. sell at mid BB just like any thing else on trend following methods it doesn't last but just can not discount it either.

[Pagat]

not trading options
if someone buys february butterfly 187/193/197 what he expect
plain english please

long or short? if long then expect market volatility goes up (big down below 187 or be up beyond 197)

I forgot to mention: calls so should be long

[josephli]

seems like before, most profits are in the gaps. intraday not much action. not so much sell off when down, not so much buying when up.