11/16/2015 Live Update

[nikman]

Marcueus, good call so far (and the last one on the TOP as well)! Did you get the confirmation from today's price action on the short-term bottom that you were forecasting? How long is this bottom good for?

I say the low was in - we just need spx to confirm that and sustain above Friday's LOD

[Unique]

AMZN: LONG 625 calls. Daily 20EMA = 626.08. This is a small starter position, will add OTM calls if it gets to 626 and look for the deadcat bounce.

TSLA: I was filled long at the open, 205 calls.

AMZN: Filled sold half of the 630 calls +75%. Still trailing 625 calls for target 645-647~

TSLA: Still holding for triple-quadruple since I got a lucky stink bid fill. Stock targets 218~

[Al_Dente]

Advancing stocks are 1.5 x declining stocks
Advancing volume is 1.7 x declining volume
Bull bias
But bulls had the advantage earlier today and they gave it up on the dip
BULLS MUST STAY >>>>1.5

Advancing stocks are 1.6 x declining stocks
Advancing volume is 2.5 x declining volume

If bulls can pull this off, we’ll have an unofficial short-term trend change
We need to see more bears covering (on breakout)

[Unique]

SPX gap fill would be 2046...jus sayin'

[DellGriffith]

Still a bull train, see no reason to sell it yet.

[uempel]

Bullish Percentages don't support the bounce ...

http://stockcharts.com/freecharts/candl ... BPFINA|B|0

[Unique]

ES: Just a heads up, almost hourly extreme overbought signal ...will probably arrive when ES hits 2042-2045

[fehro]

USO spikes.. new HOD outside reversal

[uempel]

SPX can go against BPNYA - but the bounce is not sustainable unless BPNYA turns up tomorrow or Wednesday.

Bullish Percentages don't support the bounce ...

http://stockcharts.com/freecharts/candl ... BPFINA|B|0

[Al_Dente]

Bullish Percentages don't support the bounce ...
http://stockcharts.com/freecharts/candl ... BPFINA|B|0

thanks boss
special request: could you add the SPY chart in there, so we could see if there is a zero day/one day lag, or more, in all the BPs
if your answer is no, that is not a problem

[DellGriffith]

SPY either needs to go up quite a bit more very quickly, or just sit in a trading range over a longer period of time to establish a wave B up in this correction.

[Unique]

ES: Script chart

ES: Script chart adjustment

ES: Script chart update, key time since the market is marching towards major resistances.

Results speak for themselves. Pretty decent deadcat bounce bull train so far.

[Cobra]

might finally be a little pullback here which should be bought.

[fehro]

SPX

[Unique]

AMZN: LONG 625 calls. Daily 20EMA = 626.08. This is a small starter position, will add OTM calls if it gets to 626 and look for the deadcat bounce.

TSLA: I was filled long at the open, 205 calls.

AMZN: Filled sold half of the 630 calls +75%. Still trailing 625 calls for target 645-647~

TSLA: Still holding for triple-quadruple since I got a lucky stink bid fill. Stock targets 218~

AMZN+TSLA: PARTIAL EXITS

AMZN: Sold the remaining 630 calls for 100%. Sold half of the 625 calls for 95%. Trailing the rest for 650-655 target

TSLA: Sold 1/4 my 205 calls for 100%. Still holding for triple-quadruple since such a great entry

[fehro]

another wild spike VIX

[Junior Buffett]

VIX is in backwardation...be careful BULLS..

[Unique]

ES immediate target of 2035-2040 has been fulfilled.

Waiting for extension to possible 2045-2051. Daily 20EMA = 2052

[Unique]

ES hourly chart update: Bulls have managed to get back above the declining price channel.

[MrMiyagi]

NEVER!!
EVER!!!
GOING!!!!
DOWN!!!!!
AGAIN!!!!!!!