01/29/2016 Live Update

[fehro]

Remember when they used to kick AAPL around to move the market?

Hmmm ...

still do.. imho.. AAPL could still "hammer" that weekly.. if they jam it up into the close, or it pukes into the close.

[BullBear52x]

Remember when they used to kick AAPL around to move the market?

Hmmm ...

still do.. imho.. AAPL could still "hammer" that weekly.. if they jam it up into the close

Best is Island reversal on daily.

[BullBear52x]

talking Island reversal. Japan again......

[josephli]

bear need to close 121.0 to remain alive.

[Cobra]

1st test of ema20 in 2 hours, probably would be bought.

[BullBear52x]

Chart of the day.

King of GAP, first gap filled since ........wayyyyy back.

[fehro]

SPX 20d test 1924.20, then 1918 Wed HOD, then 1910.. if any the above fail .. worst case 1900

[josephli]

internals are weakening.

[BullBear52x]

If you missed AMZN they are replacing it with FB for the new king of GAP.

[BullBear52x]

another one, brain dead simple.

[DellGriffith]

Trying not to watch. I know I've got the right map. Don't overthink it at this point. Just keep riding for now.

[josephli]

key time, if push then bull can bull till the end of day to 195.

[DellGriffith]

Watching this too close will just might make me sell, which is the only mistake. This is a big ramp up. Catch the wave. These don't come along too often. Enjoy.

[BullBear52x]

Watching this too close will just might make me sell, which is the only mistake. This is a big ramp up. Catch the wave. These don't come along too often. Enjoy.

your new signature need an update?

with disclaimer: past performance is not indicative of future results.

[brokebybernacke2]

Head fake in progress .

[DellGriffith]

Consecutive trading days without hitting / approaching upper bb
ALL of SPY history

-- anything 45+ days happened during an economic bust (until 2015 unless it turns out we are in a recession already in future revisions to government data) --

45 days from Feb - Apr 2001 (dot com bust)
46 days from Mar - May 2002 (dot com bust)
48 days from Jan - Mar 2000 (dot com bust)
48 days from May - July 2008 (credit bubble bust)
49 days from Dec 2007- Feb 2008 (credit bubble bust)
57 days from Nov 2015-??? (China economic collapse + US rate hike + poor earnings) (CURRENT)
58 days from June - Sep 2015 (China economic collapse + end of QE3 + threat of US rate hike)
60 days from May - Aug 2002 (dot com bust)
82 days from Sept - Dec 2008 (credit bubble bust)

So we need to reach the upper bollinger band in within 3 more trading days or this is the 2nd-longest run of all time for SPY. The upper bb currently sits at 202.43!!! (but is falling sharply now)

[DellGriffith]

Watching this too close will just might make me sell, which is the only mistake. This is a big ramp up. Catch the wave. These don't come along too often. Enjoy.

your new signature need an update?

with disclaimer: past performance is not indicative of future results.

[uempel]

Blue channel ...

[jademann]

Negative interest rates? I don't get the sense that all is well..

One doesn't simple go long at the tipping point of a stock bubble

[uempel]

There's also a red "Hello 2 ..."