02/12/2016 Live Update

[Out of Bounds]

Short with a 184.80 target (ES 1842)

[josephli]

market so far. lingering around top resistance. direction not clear. crude strong, USDJPY strong. will need to see the 2pm move. meanwhile, if the market is neutral, as my current judgement, then today should end with a doji

[fehro]

very very sloppy minor H&S in the SPX 5m.. target 1841 if it goes…

yeah.. sloppy is right.. fwiw.

[BullBear52x]

USO short term is bullish bias, but price pays level must be above 8.5 with support of positive histogram.

[Heck]

All Three ISE Indices = BUY
https://www.ise.com/market-data/isee-index/

any chance you can explain why it is a buy? it seems contrarian should think it is a sell given the value is high?

Depends on whether option implied volatility premia are overvalued (sell) or undervalued (buy)

Indices and ETF Index the big swing producer

Rare all three get in synch like this

hmm... giving it a second thought, so by sell you mean sell volatility ( sell put/call with delta hedge)? or you are referring to directional trade, sell as in short?

Please look at extensive multiple past posts on this topic, thank you

[BullBear52x]

Bull flag with a support at grid line. I still think HOD is possible.

[fehro]

SPX probing upper channel 60m .. above HOD looking for 1870, 1880 20d 1884 if it gets crazy

[fehro]

/CL.. you could say there's a very stealthy RS in there seems doubtful .. would = explosive move into the close.. other wise.. over the weekend.. then gap up Tuesday.. after Monday's close */CL 20d sma 30.30

[Trades with cats]

Not all buying is bullish. 2nd oil spike due to (once again) levered ETF liquidations. Such large moves counter to fundamentals and with no new rumors looked like manipulation, but no it is capitulation. And once again (i'm a broken record) I don't understand why someone would dump millions of position all at once unless other parts of the portfolio were in real trouble. Anyway go there for the charts.
http://www.zerohedge.com/news/2016-02-1 ... oil-market

[BullBear52x]

Not all buying is bullish. 2nd oil spike due to (once again) levered ETF liquidations. Such large moves counter to fundamentals and with no new rumors looked like manipulation, but no it is capitulation. And once again (i'm a broken record) I don't understand why someone would dump millions of position all at once unless other parts of the portfolio were in real trouble. Anyway go there for the charts.
http://www.zerohedge.com/news/2016-02-1 ... oil-market

there's pro sitting on both side of the table of all time, one of them will win/lose it's zero sum game.

[Trades with cats]

BullBear you are right, but on the other hand pro's with large positions go to algos and dark pools so you can't see their large trades. I think when I see these huge fast spikes that look like major news it must be algos fishing for us minnows. But now I have to think bear market rules, no it is a fund blowing up and the banks (brokers) who they borrowed from are closing the accounts now because margin clerks are not known for finess

[Heck]

Not all buying is bullish. 2nd oil spike due to (once again) levered ETF liquidations. Such large moves counter to fundamentals and with no new rumors looked like manipulation, but no it is capitulation. And once again (i'm a broken record) I don't understand why someone would dump millions of position all at once unless other parts of the portfolio were in real trouble. Anyway go there for the charts.
http://www.zerohedge.com/news/2016-02-1 ... oil-market

there's pro sitting on both side of the table of all time, one of them will win/lose it's zero sum game.

...

[BullBear52x]

BullBear you are right, but on the other hand pro's with large positions go to algos and dark pools so you can't see their large trades. I think when I see these huge fast spikes that look like major news it must be algos fishing for us minnows. But now I have to think bear market rules, no it is a fund blowing up and the banks (brokers) who they borrowed from are closing the accounts now because margin clerks are not known for finess

We minnows can use one of us as a bait to fish for Shark, hello any volunteer for the team?

[fehro]

SPX .. creeping up… not exactly exploding up.. yet.. VIX acting a tad strange.. and very tight..

[BullBear52x]

Chart for the road: my prediction today LOL, it makes sense for MM to park here, just to confuse short term trend,in range trap. Peace!

[BullBear52x]

In cash is a position.

[josephli]

resistance break.

[fehro]

SPX 1881 hammers the weekly.. .diamond anyone? *60m?

[Wallstreetrader]

Time to reverse longs to short

[MrMiyagi]

!!! POWER HOUR !!!