10/21/2016 Live Update

[fehro]

SPX into resistance.. add to short side.. VIX very weak tho. VIX red, SPX red

[Out of Bounds]

Snog has become useless as it searches for a trend and finds nothing.
Relevant lines have been pretty reliable lately and are in a wide range today.

[fehro]

DXY USDollar new HOD..

[silversurfer]

The Dominant alternating cycle

I first mentioned the 47 TD alternating cycle back on September 9 2016, when it was looking for an early September High. The 41-42 week cycle mentioned in that same post, also topped out at the same time and has an average 107 SP decline.

The dominant 47 TD (Trading Days) alternating High and Low cycle has been in the markets since late September 2015 and suggests a 11/08/16 Election Low, with a minimum 2093 SPX channel Target.

1. 09/29/15L - 12/02/15H, Low to High.
2. 12/02/15H - 02/11/16L, High to Low.
3. 02/11/16L - 04/20/16H, Low to High.
4. 04/20/16H - 06/27/16L, High to Low.
5. 06/27/16L – 09/07/16H, Low to High.
6. 09/07/16H – 11/08/16L, High to Low is next!

Also notice 34 TD, after the 47 TD Cycle High or Low is also a CIT (High or Low):
09/29/15L – 11/16/15L = 34 TD
12/02/15H – 01/20/16L = 32 TD
02/11/16H – 04/01/16H = 34 TD
04/20/16H – 06/08/16H = 34 TD
06/27/16L – 08/15/16H = 34 TD
09/01/16L – 10/19/16H = 33 TD

The Dow Jones down channel support touches the 61.8% retrace by 11/8. If we do the same 61.8% in the SPX we will target 2069 SPX at the 200 DMA.

Conclusion: The 34 TD CIT of the 47 TD Cycle arrived 1 day earlier at the 10/19H at 2148.44 SPX, which was a double Top with the 10/14 Apex CIT High at 2149.19 SPX. From the 10/19H, the 47 TD Cycle suggests we see a choppy decline into 11/8 election Low, targeting 2093 SPX or 2069 SPX and a strong rally afterwards.

For more Info, please see: http://timeandcycles.blogspot.com/

[silversurfer]

Intraday, We have an 80% chance we see the Low of day at the Open or in the 1st hour of trading, which is also supported by the intraday cycle, which is a Low am to High pm day.

[fehro]

DXY USDollar new HOD..

DXY Hi of 2016 99.83, 52w Hi 100.51 new HOD again DXY 98.77

[Cobra]

consolidation, bias is up.

[fehro]

NDX > 20d SMA .. as COMPQ pushes up over 50d SMA ..VIX weak nLOD

[fehro]

SPX testing morning gap.. as VIX nears support

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2016/10 ... ay-update/

[MrMiyagi]

I know... been busy lately.. sorry folks..

spy

131.png (10.57 KiB) Viewed 4259 times

[Cobra]

pullback might be bought

[fehro]

Weekly candles.. all I gotta say that USdollar could explode up over the weekend like nobodies busines.. I mean YUUUUGEEEEEE..... oil and gold could get uber slammed... be careful... SPY/DIA/IWM/UUP/ etc, etc.. DIA looks week... hours to go to close the candles..

[KENA]

Up date on liquidity. Its jogging up and dn but moving dn into liquidity contraction. If it moves into this area the mkt may go to 2100 and then Brexit lows. But maybe not until after the elections.

chart by stocktiming

[KENA]

The Dorsey Wright 18 mkt indicators are now showing 10 in bear territory. The BPSPX indicator is showing Bear Alert.Mkt could have some bigger dn moves after elections.

[superxy]

The Dorsey Wright 18 mkt indicators are now showing 10 in bear territory. The BPSPX indicator is showing Bear Alert.Mkt could have some bigger dn moves after elections.

Where to see the indicators?thx


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[Shaishen]

Intraday, We have an 80% chance we see the Low of day at the Open or in the 1st hour of trading, which is also supported by the intraday cycle, which is a Low am to High pm day.

Interesting, how many trading days did you use for this study?
Couldn't find anything at metricsmaestro

Thx

~

[fehro]

http://www.zerohedge.com/news/2016-10-2 ... sy-london?
oh o.. Wikileaks

[Daniel]

Spectacular weakness in the Euro, many days now.

Yet, why is nobody shrieking? Is it because it has threatened parity so many times already?

Have we become immune to panic, and it now actually becomes appropriate? (Think of Fehro's purely technical projection of a possible 10% move in the dollar index... if it comes at the expense of the euro-- there it is, parity.)

Think contrarian! Vote cobra! Good weekend to all.

[KENA]

The Dorsey Wright 18 mkt indicators are now showing 10 in bear territory. The BPSPX indicator is showing Bear Alert.Mkt could have some bigger dn moves after elections.

Where to see the indicators?thx


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