01/25/2016 Live Update

[josephli]

The spread between QQQ/SPY/IWM is very staggering today.

[BullBear52x]

bulls are not done intraday, next dip will be bought.

[fehro]

I agree Fed does not want interest rate to perk up...

Do they really have a choice? If they do not raise rates they loose all credibility. No rate increase (FED has no idea, Market looses all faith in FED) = Market down. imho.

[fehro]

SPX possible resistance here 60m bottom left.,, mind the open gap 1906.28 - .90

[Al_Dente]

I’m also thinking of the “synthetic QE”
FED still “reinvests” proceeds from their maturing bonds
I think they still buy agencies/agency’s with the proceeds
Some trillions [?]…… gappy often posts numbers … is he here today?

[ALdaytrade]

Might be a bear flag here.

Might be a bear flag from 1810...

[Wallstreetrader]

? will be ?market to choppy for short !

[BullBear52x]

This bubble busting could test 2008 peak easily before fat lady sings.

[DellGriffith]

The market is doing a great job of trying to convince me we will get a daily SPY bullish cross tomorrow.

[Out of Bounds]

[josephli]

I agree Fed does not want interest rate to perk up...

Do they really have a choice? If they do not raise rates they loose all credibility. No rate increase (FED has no idea, Market looses all faith in FED) = Market down. imho.

you are very right boss. I feel the same. with all the core inflation and unemployment target clearly spelled out, they really don't have a choice. on the other hand, I feel they have been looking at wrong metrics to assess the condition of economy (they don't put much weight on retail and housing). the coupled with the thought that energy price is transitory with regards to inflation, the decision to raise rate in december seems a mistake to me.

[Al_Dente]

Probability of a FED rate hike on Wednesday = 13% (= no rate hike)
http://www.cmegroup.com/trading/interes ... -fomc.html

[BullBear52x]

Market knows, a trade high enough will triggered sell the rip on mid term, low enough will triggered the chase down or dumping. lets do the sideways action for few more days shall we?

[fehro]

I agree Fed does not want interest rate to perk up...

Do they really have a choice? If they do not raise rates they loose all credibility. No rate increase (FED has no idea, Market looses all faith in FED) = Market down. imho.

..meaning rate increase.. they 4 had scheduled for the year.. 1 per Quarter?

[Al_Dente]

[fehro]

/ES -ish Tradingview SPX500 CFD - wedge break cyan , possible messy H&S orange - 60m

neckline moves.. hourly inverted hammer/ gravestone .. bears trying to get control

[fehro]

help.png.png

LMFAO! that's hilarious!

[BullBear52x]

help.png.png

LMFAO! that's hilarious!

That is good one.

[MrMiyagi]

Market WAS doing ok until this drop a few minutes ago, it had started printing an intraday Bull hammer.

[BullBear52x]

Intraday clock work, buy next dip. got to keep at it until it fails.