03/04/2016 Live Update

[JFR]

Base. Breakout. Pullback. Will the breakout hold? One would think so. But one never knows ... LOL

[Al_Dente]

“…In short, I am not in the bear market camp anymore and now consider the market cup to be half full….” [Art Hill]
Contrarians are waiting for ALL of the bears to throw in the towel…
http://stockcharts.com/members/articles ... ggers.html

Al_Dente, this is a very important post. I'll offer you a drink later on at the Totò. I hope it's open today

Boss in my world The Toto Bar is always open, especially when you’re buying

OFF TOPIC FOR ANYONE:
On the 5min isn’t this the second push up TODAY and can we expect a third push up?
serious question

[Out of Bounds]

Baker Hughes rig count long term for perspective.
I realize this doesn't account the size of the holes or the quality or the reserves underneath, but you can see the boom and bust for the drillers nonetheless.

[Cobra]

5th test of EMA20, so should break it this time, maybe 2 legged pullback.

[fehro]

little profit taking going on.. gap holds.. VIX close to going green, with SPX . … VIX never made a new LOD as SPX made a new HOD

[JFR]

Failure at the top.

[BullBear52x]

Intraday one more buy.

[Cobra]

pullback too sharp, confirms it should be 2 legged pullback at least.

[BullBear52x]

The Come2papa bulls 5 min. short term is still sitting pretty and over 5 DMA.

[fehro]

SPX on cyan uptrend.. support.. and one more push up to fill 2011-15 gap… or does it crack..

[MrMiyagi]

spy

[BullBear52x]

expected a new HOD from here. until she said no more.

[fehro]

expected a new HOD from here. until she said no more.

not so sure.. VIX never made a new LOD.. as SPX new HOD.. and +3% for the week.. some profit taking? VIX green, SPX green now

[BullBear52x]

expected a new HOD from here. until she said no more.

not so sure.. VIX never made a new LOD.. as SPX new HOD.. and +3% for the week.. some profit taking? VIX green, SPX green now

we should have a correction 2 days ago, that's why I like to keep at it until it fails.

[MrMiyagi]

Intraday NYMO now red at +101.83. Day high was over +110.

[fehro]

SPX cyan cracks on the 5m.. support here.. does it stick.. inverted hammer / evening star SPX near here daily

[Cobra]

maybe 1st down leg ends here.

[BullBear52x]

My take on the peak (if it is peak)
1. intraday dip buying has to fail. (it is)
2. short term dip buying has to fail ( it is not)

for correction to occur bears need chart pattern like this, a pivot at 2006.

[JFR]

Support level.

[JFR]

Movin' on down.