04/14/2016 Live Update

[wanteasymoney]

OMG IS a Crash in the MARKET !!!!!!

[Al_Dente]

SPY shall rollover and back-test the breakout
U hear me: rollover dammmit
Quit dickin’ around and backtest that breakout already
I AM GUMBY, DAMMMIT

[Cobra]

members only update at 3:52 pm
http://www.cobrasmarketview.com/2016/04 ... ay-update/

[Al_Dente]

OMG IS a Crash in the MARKET !!!!!!

what is wrong with you ?

[Cobra]

well, guess that's it for today. Friday tomorrow has been bull friendly recently. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[MrMiyagi]

What is wrong with you ?

LOLsies!!!!!

[DellGriffith]

Daily SPY:

Today WAS a breach of the upper bb. The first one in years. This is a bearish formation and shortable. 5 of the last 11 called the high TO THE DAY.

[Al_Dente]

Daily SPY:........... 5 of the last 11 called the high TO THE DAY.

So, 5 of 11.....
you're saying that 45% were a top
and 55% not a top

[DellGriffith]

Daily SPY:........... 5 of the last 11 called the high TO THE DAY.

So, 5 of 11.....
you're saying that 45% were a top
and 55% not a top

Its amazing that one single candle formation can call the day to the day at a 45% clip in one series. But on top of that, its similar to Cobras "morning hourly black bar" where prices end up lower eventually. Its a bearish formation with a decent shot at immediate payout.

[K447]

Daily SPY:

Today WAS a breach of the upper bb. The first one in years...

Does it matter (for your historical data) whether the breach was caused by the Bolly narrowing or the chart spiking up?