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05/19/2016 Live Update

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Cobra
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05/19/2016 Live Update

Post by Cobra »

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double bottom or not, wait and see.
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fehro
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Re: 05/19/2016 Live Update

Post by fehro »

Between SPX 50d 2058 and 50w 2024.
Opening around 2040.. mind the morning gap down. H&S neckline being tested again, and key support. As per yesterday.. cyan bearish rising wedge bottom right, should they want to push this much higher.

VIX 60m.. messy invs H&S still hanging in, VIX 15m bearish rising wedge.
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Cobra
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Re: 05/19/2016 Live Update

Post by Cobra »


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fehro
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Re: 05/19/2016 Live Update

Post by fehro »

SPX prior to open.. mind the channels
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fehro
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Re: 05/19/2016 Live Update

Post by fehro »

DXY nears resistance.. as per yesterday .. FOMC rates hikes.. mind the strong move up in the dollar, and gold/oils hammered.
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Screen Shot 2016-05-19 at 6.25.40 AM.png
Wallstreetrader
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Re: 05/19/2016 Live Update

Post by Wallstreetrader »

GM

Still miss another push up will see ...
... break above(2040) will confirm it ?
fehro
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Re: 05/19/2016 Live Update

Post by fehro »

mind the gap.. VIX trying.. over the 17 range neckline invs H&S 60m.. look out below Indexes.. big time.. SPX would crack neckline.
But still holding. Where is the TLT, Oil, gold money going? Could come back to equities.. crazy thinking.

Dudley speaks at 10:30am fwiw.
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Screen Shot 2016-05-19 at 6.40.18 AM.png
Last edited by fehro on Thu May 19, 2016 9:45 am, edited 1 time in total.
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BullBear52x
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Re: 05/19/2016 Live Update

Post by BullBear52x »

could be a buy day but I don't see a strength I like to see, still weak.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades with cats
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Re: 05/19/2016 Live Update

Post by Trades with cats »

Nice call Bullbear- escalator up, elevator down. Bulls gotta make some calls get the heard gathered by 10:30 for Dudley speech. :lol:
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BullBear52x
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Re: 05/19/2016 Live Update

Post by BullBear52x »

sell@ 36, test the water.
My comments are for entertainment/educational purpose only. NOT a trade advice.
brokebybernacke2
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Re: 05/19/2016 Live Update

Post by brokebybernacke2 »

fehro wrote:mind the gap.. VIX trying.. over the 17 range neckline invs H&S 60m.. look out below Indexes.. big time.. SPX would crack neckline.
But still holding. Where is the TLT, Oil, gold money going? Could come back to equities.. crazy thinking.

Dudley speaks at 10:30am fwiw.
not crazy, no way fed hikes, econ data sucks. Dudley a dove. unreal how many bear opps over last few weeks, squeeze pop after squeeze pop until they can't ...bears must bust yesterdays lows soon or sayonara...
Wallstreetrader
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Re: 05/19/2016 Live Update

Post by Wallstreetrader »

market is oversold(very short term) but it's just an opinion
@long 2031 ... wish target 2054... :ugeek:
Last edited by Wallstreetrader on Thu May 19, 2016 10:15 am, edited 2 times in total.
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Al_Dente
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Re: 05/19/2016 Live Update

Post by Al_Dente »

note WMT (beat earnings)
rare chart formation on DAILY:
yesterday bearish island reversal
this morning bullish island reversal
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
brokebybernacke2
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Re: 05/19/2016 Live Update

Post by brokebybernacke2 »

geez just got major sell , broke low, trap??
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BullBear52x
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Re: 05/19/2016 Live Update

Post by BullBear52x »

a break below 26 will be really bad.
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Trades with cats
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Re: 05/19/2016 Live Update

Post by Trades with cats »

Small Caps not buying into the new low idea.
Trades with cats
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Re: 05/19/2016 Live Update

Post by Trades with cats »

Now they do, with gusto
Wallstreetrader
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Re: 05/19/2016 Live Update

Post by Wallstreetrader »

Don't ignore the div+ just a warning... :ugeek:
Again H&S in bull market 90% chance of fail ...
Last edited by Wallstreetrader on Thu May 19, 2016 10:03 am, edited 1 time in total.
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Cobra
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Re: 05/19/2016 Live Update

Post by Cobra »


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brokebybernacke2
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Re: 05/19/2016 Live Update

Post by brokebybernacke2 »

brokebybernacke2 wrote:geez just got major sell , broke low, trap??
cant believe, got 2010 target, dudley a dud??
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