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11/16/2015 Live Update

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MrMiyagi
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Post by MrMiyagi »

Closing some of my intraday SPY calls. Keeping some, just in case...
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Cobra
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Re: 11/16/2015 Live Update

Post by Cobra »


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MrMiyagi
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Post by MrMiyagi »

Intraday NYMO has climbed 30 points from -64 to -34.
Trades with cats
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Re: 11/16/2015 Live Update

Post by Trades with cats »

The best wave counter I follow had Friday as a 3 down or a B down, If this is a 4 up their purpose is to confuse people into thinking the counter trend move is a new direction. I don't know the character of a C wave but I am guessing something similar.
The two ES traders I follow, Unique and Coolbizone are both trying to short today's high.
We had BOJ intervene in the markets after bad economic news last night followed by a low volume algo-fest. I am guessing it was the bots today as the market really didn't go anywhere until after Europe had closed. And they are hammering the VIX as usual.
Joke of the day was the headline that crude was bouncing on middle east instability worries. How about a dead kitty bounce after prices drop into the 30's for the first time since Feb 2009.
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Cobra
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Re: 11/16/2015 Live Update

Post by Cobra »

well, guess that's it for today. Tuesday has been a little bit bear friendly recently. thank you guys, I'll see you tomorrow.

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DellGriffith
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Re: 11/16/2015 Live Update

Post by DellGriffith »

Still see nothing wrong. bull train for hours. choo choo.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
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MrMiyagi
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Post by MrMiyagi »

DellGriffith wrote:Still see nothing wrong. bull train for hours. choo choo.
Another bombing would put this market at 2300 :roll:
fehro
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Re: 11/16/2015 Live Update

Post by fehro »

SPX closes at HOD.. well you are on your own for the rest of the week, travelling so chart posting may be limited. Good luck! Mind the moving averages and open gaps!
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Al_Dente
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Re:

Post by Al_Dente »

MrMiyagi
can you confirm a monster P-bar SPY down to 202.63
it just came across my schwab platform at 16:00
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
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Re: 11/16/2015 Live Update

Post by Daniel »

fehro wrote:SPX closes at HOD.. well you are on your own for the rest of the week, travelling so chart posting may be limited. Good luck!
All shall miss your excellent navigation, framing, and streaming "play by play".

Travel safely.

:)
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MrMiyagi
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Post by MrMiyagi »

Al_Dente wrote:MrMiyagi
can you confirm a monster P-bar SPY down to 202.63
it just came across my schwab platform at 16:00
No problem, posted earlier as well.

spy
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Daniel
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Re: 11/16/2015 Live Update

Post by Daniel »

For institutions, SPY closing comfortably above its simple 200day MA will be either comforting or eye-catching... with Santa Claus showing his red costume not too far down the road.

:shock:
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