04/01/2014 Live Update

[Cobra]

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I see nothing wrong on the chart. It's gap up every day, then pullback during the normal hours every day except yesterday.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/04 ... ay-update/

[gappy]

fx.PNG

glta

[fehro]

points away from new highs.. SPX 15m

[fehro]

VIX 15m

[fehro]

SPX 60m.. top of the hour a slew of economic numbers... http://www.investing.com/economic-calendar/

[whatdoIknow]

Kiss the Top & Drop
OR
Touch the Sky & Fly
????

[fehro]

INDEX dailies.. NDX, COMPQ recapture 50d... SPX closes to new highs.. and TRAN... everyone else lags atm... VIX still no where near the lows 11.69 (2013) 9.69 (2007)...fwiw.

[uempel]

Miyagi's P-Bar SPY tops were 188.07 and 189.01 - so far SPY hi today 188.04

[Cobra]

members only update at 10:03 am
http://www.cobrasmarketview.com/2014/04 ... ay-update/

[Cobra]

this bull shall have legs.

[Mr. BachNut]

Short. No Change.

My summation signal turned neutral for the SPX yesterday. Still down for R2K.
It could turn up for the SPX today and neutral for the R2K.

My composite trend signal turned neutral yesterday. It is not close to turning up but a bad day or two could turn it down.

If my summation signal turns up today, I'll end up neutral with longs and shorts at some point. Some shorts will be closed for a loss.
The signal has a wide birth given that we are still in the month end period.
I'll respect my signals, but want to see trade later in the week before drawing firm conclusions.
That said, it looks like we are headed for a bullish resolution of the recent trading range.

[rhight]

The last two days threw the 60 min cycle for a loop, speeding up and shortening at the same time, what with end of quarter window dressing, etc. The Daily Stochastic turned up, and the Weekly may also, depending on how this week ends. As feared, technical negative divergences, and even the rotation into defensive sectors, is giving a bum technical steer, unless this turns out to be a Bull trap. Currency crosses are favorable. Here is an updated 60 min cycle chart, with pivots as indicated and current area for a bear reversal. The retrace can't be calculated until a high is in. The current Hi to Lo average is about 8 hours down and -1.6%.

[uempel]

This chart has been quite reliable lately:

[rhight]

The price range for a 60min cycle top is (1870 / 1882 / 1893) (-1 std dev / Average / +1 std dev) of cycles shown on chart

[fehro]

SPX 60m, 15m, possible resistance zone here.. made a new all time high..

[1der]

I have two PBars still open at 188.73 and 189.02. Downside 184.66 and 185.52

[Out of Bounds]

SNOG turned green today - decisively. Sold shorts - lost money

[uempel]

Bears won’t like this: Intraday Bullish Percentages gaining strength, BPNYA +0.26%, BPCOMPQ +0.96%, BPSPX +0.63% and BPNDX +5.45% - the others are flat.

[Heck]

Must be April Fools' Day with New Highs

Undervalued opening long Index puts three times calls suggest market down on Turnaround Tuesday

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