05/17/2016 Live Update

[BullBear52x]

bears are not very impressive I am on a reverse gear to buy now @56.

[fehro]

SPX holding 50d.. dabble long. sold shorts from yesterday

[BullBear52x]

test HOD at least from here. me thinks.

[Trades with cats]

Numbers are out and the smart money has continued to sell into the 16th week.
Yesterday we learn from Birinyi Associates that corporate buyback announcements are down and buybacks are down.

[BullBear52x]

out at 58, wait for new buy.

[Cobra]

small H&S bottom? I doubt, let's see.

[BullBear52x]

Tricky day today, but I will play it, sell @ 56.5

SPX trend following sell coupon.

[wanteasymoney]

I told you

[Cobra]

H&S bottom text book target.

[fehro]

mind the morning gap.. .RUT green, TRANSports green.. hourly hammering

[daytradingES]

There was a chance at 62.75 at 8:34
I wasn't ready - a few difficulties this AM

Today': H/L est= 2068.00 to 2045.75
=22.25

- not to strong on est today. Pre-opening trading looked like a choppy day.
I'm working on the idea of a down day - but choppy first.

It's been to
2052.75 @ 09:13
so -10pts
in line with first leg down est.
Sadly that's 10 of 19.25 est range --
Need a bounce soon to sell against
perhaps 2061.75?

I'll be happy with that low est.

Well the action is looking towards a narrower range than my HL .. but it who knows in this crazy market.

[daytradingES]

Cl is still powering up 48.17 so it may be holding ES from falling (until/if it turns)

[BullBear52x]

There was a chance at 62.75 at 8:34
I wasn't ready - a few difficulties this AM

Today': H/L est= 2068.00 to 2045.75
=22.25

.

Well the action is looking towards a narrower range than my HL .. but it who knows in this crazy market.

new LOD from here I think bears will have it.

[fehro]

TLT new HOD, TRANsports + 2% + 156 points, RUT green nears 200d.. USO 0.04 short of 200d

[Trades with cats]

Well if the bulls can keep it from falling we are into oil draw down season so they should get a little help from the Algos tomorrow.

[fehro]

yesterday's close… 2066.66 should we be concerned?… 2008 lows 666.79

[K447]

yesterday's close… 2066.66 should we be concerned?… 2008 lows 666.79

Wait until 2666

[BullBear52x]

I should change my name to "Right side of the trend"

[QED]

This market is a psychotic bipolar gonif!

I am up for the day, but I haven't got a clue.

"Everyone has a plan 'till they get punched in the mouth."
— Mike Tyson

[superxy]

Numbers are out and the smart money has continued to sell into the 16th week.
Yesterday we learn from Birinyi Associates that corporate buyback announcements are down and buybacks are down.

is there a link to check? Thanks