12/16/2014 Live Update

[Cobra]

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3 push down? Judging by the 3rd push down strength, could still be 4th push down before a good rebound?

[fehro]

/es 4h/60m lower cyan channel tagged.. yellow/pink resistance holding

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/12 ... ay-update/

[cletus]

The horizontal line is the Dow's 2013 close. A 600-700 pt drop by year's end would put it in the red to fulfill the january barometer's prediction of a weak or down year. It's unlikely to be a big down year if it happens. Seems like a stretch, but you never know the way things are moving.

With the S&P currently up 7% on the year, as long as it is less than 10% it is a sub-par year, so the january barometer has had some worth this year at giving an early warning that stocks weren't going to do all that well.

[FlowerGirl]

(HSCB says) the index of world equities rose 25pc on average over the twelve months following a 30pc drop in oil prices, comparable to the latest slide. Equities rose 19pc in real terms.

oil_equities_3121765c.jpg (33.05 KiB) Viewed 6533 times

http://www.telegraph.co.uk/finance/oilp ... lasts.html

[fehro]

SPX some lines fwiw.

[grandeG]

The horizontal line is the Dow's 2013 close. A 600-700 pt drop by year's end would put it in the red to fulfill the january barometer's prediction of a weak or down year. It's unlikely to be a big down year if it happens. Seems like a stretch, but you never know the way things are moving.

Interesting. Good catch.

[FlowerGirl]

You know whom I am talking to...

[FlowerGirl]

NUGT will be my next pray...
I traded long NUGT AH that I exited this AM...something I won't advertise

[fehro]

SPX first level of possible support

[cletus]

This morning's drop has at least fulfilled the Down Friday/Down Monday prediction of further weakness.

The VXN red bar signal seems cancelled for the moment unless it closes red two days in a row.

[fehro]

INDEX dailies.. TLT takes out Oct spike high GLD back up over 20/50d

[FlowerGirl]

Power of T-Series (FreeStockCharts) Indicators
c.1987

T SERIES 87.png (3.9 KiB) Viewed 6296 times

What are they saying now?..Inquiring mind would like to know!

[cletus]

USO hit a major measured move this morning and exceeded it, so I'm not sure it's going to work. Volume is rising though. Feels like some capitulation should be near as it is at March 09 levels. Deflation is roaring, will the Fed act?

[Cobra]

members only update at 9:42 am
http://www.cobrasmarketview.com/2014/12 ... ay-update/

[cletus]

TLT:TIP is at 1.13, near March 09 levels. Will the Fed use this as a signal for more QE, as it did when these levels were hit in 09?

[FlowerGirl]

NUGT will be my next pray...
I traded long NUGT AH that I exited this AM...something I won't advertise

The Field...

[fehro]

SPX .. may fill morning gap.. VIX data.. still " hair on fire" http://www.optionpit.com/blog/vvix-down ... -hair-fire

[Denali92]

Opex is doing its job.... just like in Oct 14.... June 13 .... and quite a few other months....

Here is what I am pondering

http://www.cobrasmarketview.com/2014/12 ... ay-update/

-D

[Cobra]

mini rebound target. bulls have hopes if exceed it.