This page has been archived and commenting is disabled.

Confused Why ES Is About To Break Out Into Green Territory? Here's Why

Tyler Durden's picture




 

Yep. As expected volume just died, which means the algobots are in control and the vaporvolume melt up is imminent. Obama's horribly mistimed plan to crash the market has just been foiled by a few trillion vacuum tube equivalents courtesy of Getco.

 

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 07/25/2011 - 11:33 | 1490618 slow_roast
slow_roast's picture

FAILING UPWARD!

Mon, 07/25/2011 - 11:34 | 1490627 101 years and c...
101 years and counting's picture

Well duh.  I assume everyone was smart enough to buy the dip this AM?

 

Mon, 07/25/2011 - 11:35 | 1490629 Raymond K Hassel
Raymond K Hassel's picture

Up is the new Down

 

Mon, 07/25/2011 - 11:39 | 1490645 Raymond K Hassel
Raymond K Hassel's picture

http://www.youtube.com/watch?v=wApxxm-vOgQ

-Al Gore explained back in 1992

Mon, 07/25/2011 - 12:52 | 1490971 malikai
malikai's picture

Wow that was a masterful speech. I love how he reiled up the crowd with it. The guy sure knew his business when it came to rallying the plebs.

Mon, 07/25/2011 - 11:35 | 1490630 sunnydays
sunnydays's picture

Guess he can't accomplish what Bush could - when he had the markets crash wanting the TARP money.

Mon, 07/25/2011 - 11:36 | 1490632 qussl3
qussl3's picture

Absolutely bonkers.

 

Mon, 07/25/2011 - 11:36 | 1490634 SokPOTUS
SokPOTUS's picture

No deal means no controls yet to be placed on future deficits = DXY Negative = Equities Positive.

Debt Deal = Some spending cuts, even if minimal = lesser Deficits = DXY Positive = Equities Crash.

 

 

 

Mon, 07/25/2011 - 11:40 | 1490639 BCTwelve
BCTwelve's picture

Actually Tyler, this bounce is a result of the NFL and the players finally reaching a deal to end the American Football lockout...please, get on the proper news channels

Mon, 07/25/2011 - 12:04 | 1490734 NotApplicable
NotApplicable's picture

They did?

We're saved!

Mon, 07/25/2011 - 13:56 | 1491178 caerus
caerus's picture

nice

Mon, 07/25/2011 - 11:40 | 1490641 dwdollar
dwdollar's picture

What is the most delusional, uber-bull, market top imaginable?  I can see it being a US default and a market which either doesn't care or goes up.

Mon, 07/25/2011 - 11:39 | 1490643 Debtless
Debtless's picture

"I'm sorry Dave. I'm afraid i can't do that."

http://www.ee.ryerson.ca/~elf/pub/au/2001/sorrydave.au

 

 

Mon, 07/25/2011 - 11:41 | 1490650 Manzilla
Manzilla's picture

Tyler, what is that lower study in the chart?

Mon, 07/25/2011 - 11:50 | 1490681 mynhair
mynhair's picture

Volume divergence from average, I believe.

Mon, 07/25/2011 - 11:50 | 1490684 Tyler Durden
Tyler Durden's picture

The punchline: cumulative volume relative to average at any given point in the day

Mon, 07/25/2011 - 13:02 | 1491011 Manzilla
Manzilla's picture

THank you for the info Tyler. Much appreciated.

Tue, 07/26/2011 - 07:38 | 1493843 Scoted
Scoted's picture

I'd like to program this up in my charting software, could you give me any more info,

Thanks,

Scott

Mon, 07/25/2011 - 11:49 | 1490660 SheepDog-One
SheepDog-One's picture

Skynet has now taken over, even the president cant create fear and panic in markets because diodes melt up the zero volume.  

'Uh, hi Ben? Yes this is Barry Soetoro, you know....the president? Well I'd really like the markets way down I need some fear and panic out there among the zombie sheeple so they can demand we do extreme measures'

'I'm sorry Barry, I'm afraid I can't do that, you see the construct has taken over and gained conciousness, now zero volume across all markets means that the machines melt everything upwards far into the green...it's out of my hands 'Mr President', I'm sorry'

Mon, 07/25/2011 - 12:28 | 1490835 cosmictrainwreck
cosmictrainwreck's picture

"Mr. President" as in an alias, aka or dba LOL

Mon, 07/25/2011 - 12:32 | 1490857 Andy_Jackson_Jihad
Andy_Jackson_Jihad's picture

Diodes are predictable 'till they aint....then avalance breakdown where charge density in the direction you don't want just multiplies itself. 

Just sayin'

Mon, 07/25/2011 - 11:47 | 1490675 Dr. Engali
Dr. Engali's picture

I have to get me one of them there robots.

Mon, 07/25/2011 - 11:51 | 1490682 John McCloy
John McCloy's picture

  That and also everybody knows there is not a chance the debt ceiling will be raised even if it is a short term agreement. It does not even matter at this point the economy is still deteriorating regardless.

Mon, 07/25/2011 - 11:57 | 1490692 SheepDog-One
SheepDog-One's picture

All is well, what looming disaster? All I see are sparkle rainbows free Apple IPhone trees and pink unicorns shitting piles of delicious glitter Skittles.

Mon, 07/25/2011 - 12:18 | 1490801 espirit
espirit's picture

...free Iphones, lol.  The Chinese are going to see to that, with their faux apple stores et al.  It's made there so they don't have to do reverse engineering, just skim off the top.

Kill AAPL, and they truly have the US by the b#ll$.

Mon, 07/25/2011 - 11:56 | 1490704 jms2112
jms2112's picture

Dumb question:  What does 'ES' mean?

Thanks

Mon, 07/25/2011 - 12:07 | 1490750 Libertarian777
Libertarian777's picture

E-mini SP500 futures contract.

each point = $50

Mon, 07/25/2011 - 11:56 | 1490705 ZeroPower
ZeroPower's picture

Vol or no, dont fight the tape. Simple as that.

Mon, 07/25/2011 - 12:13 | 1490772 d00daa
d00daa's picture

well no shit bro.  who exactly are you talking to?  who the fuck is actually "fighting the tape" any more?

tyler points out the silliness, we acknowledge it, yet no where do i see anyone (especially tyler) advocating trading short.

so again, thanks for that bucket full of wisdom: "don't fight the tape."  it doesn't make you come off as a smug condescending assmunch at all, no, it's really really useful information.

Mon, 07/25/2011 - 12:40 | 1490908 ZeroPower
ZeroPower's picture

Wow, remember to come up for some air once in a while when you get tired of being up TDs ass.

I was acknoledging the obvious, 'bro', because it seems everyone and their mothers posting on here are loaded up with SPY puts - of course, people only post this on a DOWN day. On an up day (or even, a ramp higher), its all about the low vol environment.

Mon, 07/25/2011 - 12:59 | 1490999 d00daa
d00daa's picture

please explain how my head is up tds ass, for stating the painfully obvious: he isn't advocating running short here, as you implied with your hit and run, momofader-esque offering.  but by all means, continue to believe you are "keeping it real" and challenging td intellectually in some fashion.

"don't fight the tape" - boy you are a fucking genius.  you should charge 2 and 20 for that shit.

Mon, 07/25/2011 - 13:30 | 1491098 Chip
Chip's picture

Give the guy a break, dont fight the tape is just one of those fun phrases to say now and again, like buy and hold is dead or cash is king

Mon, 07/25/2011 - 13:48 | 1491155 ZeroPower
ZeroPower's picture

"Momofader-esque"? Totally not worth attempting any sort of conversation with you (much less an e-argument) as it would be quite one-sided.

Your attack from the very start for a rather mundane comment on my end shows you must be having a rather shitty day, probably cause of that short position you initiated at open. Best of luck to you. Or carry on trolling the board for more comments, whatever.

Mon, 07/25/2011 - 15:15 | 1491546 d00daa
d00daa's picture

yes, everyone that beats on you for incessantly parroting the same tired bullshit every time tyler openly questions price movements must be having a shitty day, and must be having said day because of being short.  more genius from mr. 2 and 20.  haha, no shorts sorry, sitting this one out 100% cash today.

i'm sure a conversation would have been fascinating, but i think i'll pass on the 100 different permutations of "don't fight the tape," thanks.

 

Mon, 07/25/2011 - 11:57 | 1490709 undercover brother
undercover brother's picture

Just shut up, buy the dip and ride her till she bucks ya!

Mon, 07/25/2011 - 11:58 | 1490710 oa92000
oa92000's picture

bull market..buy on the dip.

Mon, 07/25/2011 - 12:00 | 1490722 Eireann go Brach
Eireann go Brach's picture

As if a person (Obama) who should be running a lemonade stand would actually think he could crash the market..funniest thing I have read all day!

Mon, 07/25/2011 - 12:02 | 1490728 SheepDog-One
SheepDog-One's picture

I dont think Obama should even be running a lemonade stand, by noon it would be $50 billion in debt.

Mon, 07/25/2011 - 12:10 | 1490761 Libertarian777
Libertarian777's picture

he wouldn't be able to.

His (and Bush's) laws would require FDA approval of the lemonade. Healthcare for the worker. EPA assessment of the environmental impact of having a stand on the road. IRS would require a taxpayer ID number prior to operations. Bank would require collateral of some sort to open the bank account to deposit your money. TSA would want to scan all customers in case they are carrying bombs to kill other customers in line. CPS would confiscate his children for him letting them work at the stand.

Mon, 07/25/2011 - 12:21 | 1490810 chunkylover42
chunkylover42's picture

...and it would be $80 per glass (but unions would exempted from this and the employer would pick up that tab).

Mon, 07/25/2011 - 12:31 | 1490848 TruthInSunshine
TruthInSunshine's picture

I dont think Obama should even be running a lemonade stand, by noon it would be $50 billion in debt.

 

Obama's (or whoever is President, from either side of the aisle) Lemonade Stand = tell you how wonderful the ice cold lemonade is, takes your $2.75 (inflation; thanks Bernank), and serves you a tall glass of kick you in the balls.

Mon, 07/25/2011 - 12:35 | 1490871 Andy_Jackson_Jihad
Andy_Jackson_Jihad's picture

The metaphor works better if you replace "kick you in the balls" with "your great grand children's piss".  Its actually a pretty neat time travel trick.  Thats why Obama is so smart, or so I'm told.

Mon, 07/25/2011 - 12:15 | 1490779 TruthInSunshine
TruthInSunshine's picture

The American People should be advised that if the debt ceiling is not raised, the equity markets will crash.

 

 

 

 

 

Did I say "crash?"

I meant they'll go happily along their jerry-rigged ways.

 

And so that's just one more reason why we need to raise the debt ceiling immediately, and further indebt Americans, their children, their grandchildren and their great grandchildren - immediately.

Thank you, and may God bless Amerika.

Mon, 07/25/2011 - 12:37 | 1490889 Andy_Jackson_Jihad
Andy_Jackson_Jihad's picture

I am beginning to wonder if the market bullishness isn't so much bullishness about equities but bearishness about the other choices available to most $ managers.  The less confident I am they can kick the can down the road one more time, the more I'm tempted to hold my nose and buy stocks (with the money I can't put in Gold).

Mon, 07/25/2011 - 12:41 | 1490914 cosmictrainwreck
cosmictrainwreck's picture

sad but true...... have been forced to get long lately

Mon, 07/25/2011 - 13:30 | 1491095 SheepDog-One
SheepDog-One's picture

Crash? The machines are now in control.

Mon, 07/25/2011 - 12:26 | 1490829 jus_lite_reading
jus_lite_reading's picture

WOW just WOW that is why I am so glad i dumped my 401k for selfmanaged physical gold

Mon, 07/25/2011 - 12:37 | 1490886 MonkeySmoke
MonkeySmoke's picture

Self-managed is much better. I like the management team a lot better and the research they do is very indepth; I also know exactly where the assests are located and Security Team is provided by Smith and Wesson. 

Mon, 07/25/2011 - 13:41 | 1491132 FastBoat
FastBoat's picture

Self managed also means you don't pay 2 and 20 for someone else to hold it for you.

Mon, 07/25/2011 - 12:43 | 1490919 iLoveMisesToPieces
iLoveMisesToPieces's picture

So who exactly is in control here?

Mon, 07/25/2011 - 12:49 | 1490954 stant
stant's picture

dang i wanted tanks in the streets. our nat gaurd unit buged out tho. i guess they went home with the tanks

Mon, 07/25/2011 - 13:04 | 1491018 MRSAP
MRSAP's picture

All market movement are currently something of surreal, with or without volume but ES is a special joke in the poit of constantly raise the price without volume.

Mon, 07/25/2011 - 13:19 | 1491071 sbenard
sbenard's picture

I don't understand who is taking the other side of those algo trades. Is it just day traders taking profits/exiting/reversing their long trades? Why would anyone short this market, regardless of the news?

Mon, 07/25/2011 - 13:32 | 1491104 Chip
Chip's picture

one server trades one side, another side the other. trading amongst themselves is how I see it

Mon, 07/25/2011 - 13:44 | 1491140 TruthInSunshine
TruthInSunshine's picture

It's just like Pong.

Sort of.

http://stewd.io/pong/

Mon, 07/25/2011 - 14:37 | 1491345 GotElevenToes
GotElevenToes's picture

Awesome!  Did you know you could resize your paddle!  There goes my afternoon.

Mon, 07/25/2011 - 13:45 | 1491143 cnbcsucks
cnbcsucks's picture

Another vapor volume short squeeze.  I think this is 10 in the last 20 trading days.

 

Mon, 07/25/2011 - 13:49 | 1491160 slaughterer
slaughterer's picture

How is the Risk-ES divergence?  I assume the two are separating quite significantly right now. 

Mon, 07/25/2011 - 14:45 | 1491397 Lmo Mutton
Lmo Mutton's picture

Nobody answered your ES question.

Mon, 07/25/2011 - 16:38 | 1491991 gwar5
gwar5's picture

Charlie Gasparino : pointed out Obama and boyz did try pretty hard to spook the markets on the Wknd talk shows -- after Boehner said he wanted to time things for market opens 

CG was right to point out it was a pretty irresponsible thing for them to do. Pols, playing games with real people's money, trying to make the other side flinch.

Wed, 07/27/2011 - 04:14 | 1497031 boogey_bank
boogey_bank's picture

But, but Tyler,

haven't you said in the past that the "price discovery target" for ES is 400 or around that level?

Have you changed your mind?

So what we can expect now?

Wasn't the goal of the US Gov (from time to time) to scare the people from stocks into Treasuries?

Now instead you're saying that USGov failed to engineer a crash 2008 style?

So perhaps we will not have a new 2008 style crash... Perhaps a MELTUP will be more probable... and a perpetual riskoff environment....

Maybe Martin Armstrong is right (as he sees a crisis and at the same time a meltup in the stock market)

I believe you when you say that stock market in in the hands of bots, but the million dollar question is WHEN/WILL the bots be disconnected?

Tue, 08/23/2011 - 23:18 | 1593481 karmete
karmete's picture

Great!!! thanks for sharing this information to us! sesli siteler sesli sohbet

Wed, 09/14/2011 - 03:33 | 1667032 chinawholesaler
chinawholesaler's picture

Giveaway Material
Promotional Products

Wholesale Clothes Rack
Wholesale Pen
Lunch Box

Health Care Products
Christmas Gifts
Wholesale Swimming Products

Beauty Equipment
Wholesale Glass
Wholesale Mobile Phone

Wholesale Waterproof Case
Wholesale Bedding
Silicone Bakeware

Personal Safety Products
Wholesale Compass
Consumer Electronics

Wholesale Scissors
Advertising Material
Stuffed Animals

Wholesale Vase
Wholesale Apron
Valentine Gifts

Promotional Gifts
Wholesale Bedding
Crystal Gifts

Wholesale Candle
Outdoor Leisure Products
Coin Bank

Recorder Pen
Wholesale Towel
Wholesale Gift Bags

Wholesale Stress Ball
Wholesale Bangle
Gift Box

Consumer Electronics
Eye Mask
Wholesale Compass

Valentine Gifts
Health Care Products
Wholesale Stapler

Wholesale Whistle
Promotional Products
Personal Safety Products

Wholesale Camera

Do NOT follow this link or you will be banned from the site!