guess not  ... these bull HFT algos are tuff

Lot of these stocks have had no real bid this week , just some prints and then fade.  There  are open intraday gaps in these stocks gong  back to Friday. Smellgene broadening low tapped out recent range right up into old lows, whole biotech sector did that.   Intradays on many issues much worse than the dailys look, don't see anything taking us higher here.   Really liking the TZA , for skimming off /es reversals easier to stomach than 6 tick stops on the /es.  AA, inverted hammer today , reminds me of the gold fakeout .  Gapping higher,   vulnerable underneath.

seemed to be the major issue taking us higher ... 3 push running out of gas a bit $41 , old highs held earlier.  AA coming back through breakout for a rest.  GOOG bear flag played out after pop.  AMGN no follow thru today.  GIS and WDC pounding higher . TZA giving another entry .  Doesn't feel all that bearish  but I don't see what can take us higher either

futs weakening , tza wedge play activates, Roger's heart pounding as his account soars ... AA, this is only 2nd time up into this area, and it's right arounda major fib line ... looks like little multiple rising wedges , gap and fib line down at 11.03 ... look like range trade short here

Some of those bios a long way away from the 9 dma yet, like GILD and Celg, REGN tapped it Friday, pretty weak today.  Intraday not really good consolidative patterns on those bios .  TZA givin another low risk wedge setup at 15.78 from Friday ... would like to see another little futures pop first

Not a single biotech was green Friday.  AMGN bear flag, everything else in sector already at or near bottom of pattern.  Looks like last month or so could be a head on a lot of h/s patterns upcoming. LMT, little bear flag developed this week, $146 in play again.  SBUX, complex fan pattern went back up to neckline, looks like $67 now after hard hit last week.   AMZN was also just a bear flag , $293 tgt. For quite a while, it looks like last summer's base will get undercut on most stocks. QQQ has all the biotech, NLFX, PCLN etc in it, h/s top forming, biotech flush upcoming should take tis back to neckline at 83.74 and bounce back to where we are now, then long hot summer.  KSS has a little pop coming after flag on flag pattern built a little inverted h/s this ernins season, tgt decadal highs around 60plus.  Strenth in  JNJ WDC CLX T ACI

lnkd, goog, pcln all look solid and just too many thin areas above in a lot of stocks ... es looks like very short term bullish to repop these highs, then bearish up there at 1865 ... stocks were too extended going into these lows methinks ... GOOG obvious bear flag

No paint here, only cash registers ringing

There were shocking washouts yesterday and a few this morning.  ABX broadened lower, and has recaptured the shortterm battle and broadening tgt is 18.99 or so.  ABX has no prominent gaps, GG does just underneath.  Short term is up.  ANV very good here.  AUY probably undercuts 8.90 then higher, but did not fill 8.63 gap quite ... 8.65 lows.  Definitely some lows to tap out out there.  TZA, hits wedge symmetry target at 16.15

still some intraday open gaps above so I expect this to backtest , but overall lots of thin high wedges out there with no intraday support and gaps under open ... es looks totally unsupported.  There should be a good inverted h/s setting up here, though I look to buy milli vanilli right on that bottom trendline given the es situation and the great daily support on the tza ...

Very thin trading on a lot of spy stocks, gaps all over on the 1 minute and we're right up into resistance. TZA right here wedging into support.  LMT, for example , gap open, 25c gap at 160.25, very common intraday today

Very low risk entry after tweezer bottom taking out premarket and intraday lows in bull wedge.  Signed , steve and matt

stocks.  Targets are much lower.

/ES taking out alerts, down we go

 I suspect we'll see a magical broadening up of this bottom since downside tgts only have 50c or so to 17.76, upside targets near 19 flat to 19.75 ... straight down would be too easy no matter how bad these look today ... seems to have started already ... WDC, another big  telecom breaking out , held major fib line at double bottom around 85, tgt $100 or so

I see no leadership in the SPY at all.  Momentum all gone and these wild earnings gaps from last quarter have to fill - now is that time.  Lots of logical fib lines coming into play on a lot of those charts.  New momo play is T, which should say a lot.  MSFT is fine, CAT new yearly highs, JNJ looks great on the breakout.   TSLA, NFLX, CMG, all that stuff falling down hard.

The midpoint of yesterday's bar (3/23) is the line in the sand and these leading stocks have lost the battle.  Only reason we're up overall is the overextended nature of the selloff.  CMG didn't make a nudge today, GOOG weak tap higher and has yet to fill even first gap.  NFLX same thing.  The biotech's are still among the SPY pct leaders year to date, and they look terrible, BIS (double short volume) even higher.  The bios get some hellacious tails, but they look like toast.  TRIP is the best performer in the SPY this year ... is this stock going up?  Airlines about the only thing giving some "lift"

GLD may wedge up here, is into gap from mid feb, hard to see it filling it today.  LSG tailing back after milli vanill gap buy at 60c