have been pumping since late last night ~ $1.50 on CL and

100+ pips on USDJPY no wonder this is a up trend day. The

correlation is uncanny

regonize that number at 11:30 for a 6 point pop

oddly enough time of European close..SPX and ES

fallowing crude like an obedient puppy on a lease

again

IMHO there is not a 1 to 1 translate from long signal in a uptrend for the fallowing reasons

1-the market still has an upward bias via CB intervention

2-even if your trigger did trigger you still have to manage the trade

3-you can't look at it in a vacuum

4- i'm not sure of Q's but on 5 min SPX the overbought short on

SPX was preceded by a higher low which is a powerful signal especially

at a pivot of S2 via the chart below

I am thinking Matt's sto buy signal in a uptrend may have a inverse signal in a downtrend on the chart  ( 5 min SPX ) notice red arrow on sto 10 overbought while sto 60 has been below 20 since yesterday afternoons initial dump. Todays first low at 2060 was divergent via RSI and bounced to 2069 where the overbought sto 10 gave an excellent short signal.

may negate the neg effect of APPL miss on market

more crude #'s at 10:30 am then of course momma

Yellin in the afternoon.. is your seat belt fastened?

dive dive... run silent run deep >100

not one mention of the intrusive nature

of central banks...in fact perhaps the 2nd

megaphone may be a creation of central banks

just sayin'..I believe  in TA but what would 

those charts look like without world CB's

CL + USDJPY = controlled selloff to sell in May for big boys?

Just a thought... if hedge funds and PM's want to quietly

get out before political uncertainty ( summer ) then this

would be a great way to do that....I know I'm drifting

a bit from strictly TA but CB's make you do that!

CL or WTI and USDJPY. I only mention these two as possible indicators because this is a TA site. And indicators tend to " indricate " or "influence" price. Even tho Cl has been kinda struggling all day USDJPY has been pushing all day. The result being SPX has been holding 2085 ish +7 of course

and they like these nose bleed seats

ES=any tick below 2072, which is anything with a 2078 handle on the cash. Which just so happens to be yesterdays lows.

regardless of your opinions on the fed this should be interesting Yellen Bernancke Greenspan Volker the live link on zero hedge

on this news: US layoffs surge to 105,696.

why: further evidence Fed won't hike 25bp in Sept

the market lives in a bad news is good news world

Dhragi listening to a live version of "Hotel California"..."you can check in anytime you like but you can never leave"...Schnable doesn't get it....hey the market is closed soon..what's a day without a laugh.

mission complete, took awhile..volume on ES LOW this is buy and hold your nose not buy and hold..volume has been dropping since Wed last week.. deal is not a done deal yet I agree Mia 

turn to the City Club of Cleveland where we will be told everything is awesome but just not awesome enough to raise rates 25 basis points just yet

On a Greek proposal that looks alot like the 6/26 EU deal