03/24/2015 Live Update

[Cobra]

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Breakdown would be double top, wait.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/03 ... ay-update/

[JFR]

ES, NQ and YM before the open ...

[JFR]

From IBD ...

[fehro]

SPX mind the channel orange triangle15m should we chop until EOM

[Out of Bounds]

Short SPY average is around 210.10

[JFR]

Flat opening. Nasdaq making a bit of noise up then down.

[cletus]

Cumulative NYAD made a new high ahead of the SPX. From my experience, this has a 100% success rate at predicting coming new highs in the index.

Yet, there will still be bears calling tops. The good news about being a bear is that with new all time highs being made on a weekly basis, there are plenty of opportunities to see it as a "top" if you want to play that game.

[JFR]

DOW 30.

[Out of Bounds]

Cumulative NYAD made a new high ahead of the SPX. From my experience, this has a 100% success rate at predicting coming new highs in the index.

Yet, there will still be bears calling tops. The good news about being a bear is that with new all time highs being made on a weekly basis, there are plenty of opportunities to see it as a "top" if you want to play that game.

Being a permabull is just as dangerous as being a permabear. I realize you are bullish and that has been the winning hand, but after a few YEARS, you might want to start looking for tops just as a sailor looks for storms.

[fehro]

if we don't hold near here for a bit.. mind Friday AM gap.. 2090 range

[uempel]

So far it looks as though the break above red channel was a fake

[JFR]

Early leaders ...

[Cobra]

guess it's another boring day.

[Out of Bounds]

New home sales stronger than expected.

[Cobra]

members only update at 10:03 am
http://www.cobrasmarketview.com/2015/03 ... ay-update/

[Cobra]

morning hourly hollow red.

[fehro]

INDEX days… lower lows all around..

[JFR]

DPLO up 12% ... Early leader on NYSE.

back later ...

[KENA]

The options liquidity may be turning to the dn trend in a couple of days. If so TZA and SQQQ might be a good way to go. Last time it did not work out to good for me. In to late and out to late. Maybe this time will be better.

chart by stocktiming