08/25/2015 Live Update

[Daniel]

IWM probing LOD

[Daniel]

Steady rotation upward in the RS ranks thru the day of XLE and XOP.

Also, internal Money Flow intraday (per TD Ameritrade) is at a multi-hour high in XLE, and well off the low in XOP.

[BullBear52x]

what lift Utilities? Gas distribution leading by GAS

[BullBear52x]

Bears need to show me LL from the next sell.

[Daniel]

UUP, beautiful gap and go. Has held near HOD and above VWAP most of the day.

This is a headwind today for commodities and materials.

[kongen]

Has Power Hour been cancelled? Or did old Mr Miyagi doze off again?

[fehro]

UUP, beautiful gap and go. Has held near HOD and above VWAP most of the day.

This is a headwind today for commodities and materials.

not so sure for oil.. almost 2 weeks down in USD, with Oil down for 9 weeks.. minor disconnect. Also USD testing the underside of the 200d SMA

[Cobra]

Has Power Hour been cancelled? Or did old Mr Miyagi doze off again?

[MrMiyagi]

Has Power Hour been cancelled? Or did old Mr Miyagi doze off again?

I was making a late-day espresso.

!!! POWER HOUR !!!

[fehro]

Has Power Hour been cancelled? Or did old Mr Miyagi doze off again?

I was making a late-day espresso.

thanks for reminding me.. so was I.. got sidetracked tho.. VIX heating up.. careful into the close.. minors loppy invs H&S VIX 2m target 34ish

[Cobra]

Has Power Hour been cancelled? Or did old Mr Miyagi doze off again?

I was making a late-day espresso.

!!! POWER HOUR !!!

[Al_Dente]

[Daniel]

Financials leading to the downside here; KRE sinking deeper into the red. XLF near LOD.

[BullBear52x]

Chart for the road: any time fear index hit >36 SPX were looking to 61.8%, well, will this time be the same? This is 3rd time since 666 low

[Daniel]

UUP, beautiful gap and go. Has held near HOD and above VWAP most of the day.

This is a headwind today for commodities and materials.

not so sure for oil.. almost 2 weeks down in USD, with Oil down for 9 weeks.. minor disconnect. Also USD testing the underside of the 200d SMA

yes, been many such "disconnects". Another example is gold and silver. GLD just today is finally giving a daily stochastic sell signal. SLV has been on one since mid-August. Etc.

[Cobra]

I don't think it'd be double bottom here, market may have decided to go down.

[jademann]

Oh well.. Back to Mondays lows it seems. What is the shorts power hour called?

[fehro]

UUP, beautiful gap and go. Has held near HOD and above VWAP most of the day.

This is a headwind today for commodities and materials.

not so sure for oil.. almost 2 weeks down in USD, with Oil down for 9 weeks.. minor disconnect. Also USD testing the underside of the 200d SMA

yes, been many such "disconnects". Another example is gold and silver. GLD just today is finally giving a daily stochastic sell signal. SLV has been on one since mid-August. Etc.

Monthly candle next Monday will be of interest.. If gold moves up to 1175 by then.. "railroad" tracks/outside reversal = bullish for gold for a few weeks

[fehro]

going for the gap fill

[MrMiyagi]

SPY $189.73 hit