02/17/2016 Live Update

[Royal Flush]

looking for top in CL today (Wed) or tomorrow (thurs).

Any views on this? When and what price?

IEA report every 2nd week on Wed? (neext on Feb 24?

Hi DTES, with the bear trend line immediately above one could go short with a tight stop 20 points above it. Currently the TL is around 31.15 and CL has a DT at 31.09

[fehro]

SPX new HOD.. VIX nearing channel support.. SPX fill the upper gap with theFOMC fireworks?

[MrMiyagi]

Intraday NYMO at sky-high +63.75.....

[daytradingES]

looking for top in CL today (Wed) or tomorrow (thurs).

Any views on this? When and what price?

IEA report every 2nd week on Wed? (neext on Feb 24?

Hi DTES, with the bear trend line immediately above one could go short with a tight stop 20 points above it. Currently the TL is around 31.15 and CL has a DT at 31.09

The attachment CL 03-16 (120 Min) 2_17_2016.jpg is no longer available

Thks RF

[JFR]

Got some steam left?

[josephli]

Intraday NYMO at sky-high +63.75.....

may i ask what is your view on this?

[daytradingES]

@SHM
BOT HOD AT $24.30

[MrMiyagi]

May i ask what is your view on this?

FOMC minutes today.

Typically, when it reaches this area, it keeps going to +80 or more.
I'm not sure what lies next. See what Fed says.

[MrMiyagi]

spy

qqq

[BullBear52x]

longer term daily is in sell the rip zone, trend following, upper consolidation range. short term very overbought.see RSI, MACD histogram, and Up/Dn volume >10, short term this will be a good place for relief rally longer term like daily RSI(5) is in the sell zone. pick your poison, short term top is here shop properly.

[BullBear52x]

For intraday, see gap and go, for top shoppers will have to wait until gap and no go also known as exhaustion gap, or wait for weak hand intraday, so far I see none.

[fehro]

INDEX days.. SPX 50d closing in .. TLT nears 20d..

[uempel]

There's resistance up at 1927 and at 1929 too

Fib resistance 1927ish on 5 min SPX

Fib resistance 1929ish on daily SPX

[BullBear52x]

Daily, Trend following 101, sell until it fails is entering the zone.

[uempel]

looking for top in CL today (Wed) or tomorrow (thurs).

Any views on this? When and what price?

is the IEA report not every week on Wed?

busy day - oil not near bottom imo, 20$ oil to be seen this year humble opine. can only prop up market with rumors for so long.. eg.
http://www.kvue.com/news/nation-now/rep ... t/45348369

me accumulating a rather big short....call prems gettin greedy....lets see...turn today or tomorrow?

At the moment odds to make money in oil are approx 50/50 - don't see why it's attractive for small traders. Kind of rouge/noir roulette.

[fehro]

SPX.. VIX makes a quick spike down to 22.21 and reverses.

[DellGriffith]

Sold runners 192.94 SPY.

huge white candle getting close to upper bb. so, out!

[daytradingES]

HI RF

CL hit 31.13 and is now falling
Good call!

[fehro]

DXY struggles at 200d.. Yellen and crew utter any words on pause.. could see USdollar tank, and oil/gold spike. DXY /CL at key points.

[BullBear52x]

USO is back in teh buy. 8.5 is taken for a ride, MACD support this run is credible, stop 8.5 no brainer.