04/22/2016 Live Update

[fehro]

Friday lunch hour over.. martini infused rally coming up? followed by the 2pm hangover into the close?

SPX

[MrMiyagi]

NYADV not giving up ground today, NYMO has stayed positive despite the drop in SPX.

[fehro]

RUT new HOD.

[Cobra]

members only update at 1:56 pm
http://www.cobrasmarketview.com/2016/04 ... ay-update/

[uempel]

USD doing well in the currency pairs.

More bets for a rate increase in the next few weeks?

[uempel]

NYADV not giving up ground today, NYMO has stayed positive despite the drop in SPX.

Bullish Percentages too ... (BPNYA, BPSPX, BPCOMPQ)

[fehro]

talking hangovers.. OUCH!

[Cobra]

the rebound shall have small legs at least if not the low was in.

[uempel]

Last post for today, bye guys, have a great weekend.

P.S. All kinds of signals for Monday, most likely Monday/Tuesday are going to be very interesting

[fehro]

Weekly candle battle time 50w SMA RUT just 4 points higher, NDX 50w SMA at LOD

[Trades with cats]

According to ZeroHedge the record spike in the Yen today was the BOJ rumor mill taking advantage of a record short position. I wonder if anyone has a system for using the COT report to identify potential squeeze conditions because we see this in the Yen, inCL and I would guess others I do not follow.

[MrMiyagi]

Intraday SPY $208.76 $208.95 hit.

[fehro]

SPX .. dabble small short. here… see if VIX support holds

[Al_Dente]

..... I wonder if anyone has a system for using the COT report to identify potential squeeze conditions ....

i like this guy's COT reports
he publishes them every Friday, late ...
http://www.hedgopia.com/

[kongen]

Very elaborate fantasy!

[kongen]

Very elaborate fantasy!

(Referring to Trades w Cats discussion of Janet, President, etc.)

[Al_Dente]

QQQ bounces just shy of H&S target, now back-testing the neckline
IWM “knock three times”
https://www.youtube.com/watch?v=k7Jvsbcxunc

Bearish “Island Gap” on QQQ (void if it fills the gap by the close), and it just broke the H&S neckline
While IWM approaches a triple top
sixty min

[MrMiyagi]

!!! POWER HOUR !!!

[johnnywa]

When they test muotiple times I believe the bias is to the upside

[Al_Dente]

!!! POWER HOUR !!!