10/06/2016 Live Update

[fehro]

INDEXes dailies.. mind the tri-star pattern on USO.. should the DXY above start to take off to the upside.. http://www.investopedia.com/terms/t/tri-star.asp

[Cobra]

the low was in?

[Trades with cats]

I totally agree that a public outlook from Goldman can never be taken at face value. Whatever their game it is usually written up by someone after the fact.

[Trades with cats]

That had to be a ' bang the close' !

[Trades with cats]

Behold the power of a central banker talking. Somebody with ECB (Constancio) just said no to he taper that they will print until there is inflation.

[fehro]

SPX fills the morning gap

[Cobra]

this bull may have legs.

[QED]

Somebody with ECB (Constancio) just said no to he taper that they will print until there is inflation.

Keep an eye on gold and silver!

[fehro]

Somebody with ECB (Constancio) just said no to he taper that they will print until there is inflation.

Keep an eye on gold and silver!

yup.. especially if the USDollar explodes up.. DXY daily… could see serious pain in the metals.

[fehro]

Somebody with ECB (Constancio) just said no to he taper that they will print until there is inflation.

Keep an eye on gold and silver!

yup.. especially if the USDollar explodes up.. DXY daily… could see serious pain in the metals.

DXY monthly über long term.. fwiw. testing 20month SMA here

[fehro]

SPX at 60m downtrend again,and horizontal resistance 50d just 6 points higher 2167.39

[Out of Bounds]

Quick post
Daily, hourly, and 15 minutes w/ HI/LO and pivot points.

[Al_Dente]

Quick post
Daily, hourly, and 15 minutes w/ HI/LO and pivot points.

are u going to evacuate boss?
stay safe

[Cobra]

pullback from here to ema20?

[DellGriffith]

Daily SPY:

outside of a couple gyrations, SPY has been stuck in a trading range for about 3 months. This still appears to be a correction tho, and we're still in a very stubborn wave C down.

[DellGriffith]

Last 3 months are starting to look more like a broad head and shoulders pattern on Daily SPY

[parker]

maybe better not to trade and wait?

[Shaishen]

Last 3 months are starting to look more like a broad head and shoulders pattern on Daily SPY

if resolving as such it would only result in a ~ 10% drop as per ta rules, nothing really earth-shattering.
A Trump election could extend the down move with more vehemence which would be a generational buying opp imo.
If Hillary is the chosen one markets will explode up leaving no chance for the regular folks to BTFD.

-

[Cobra]

pennant, bias is up.

[fehro]

SPX at 60m downtrend again,and horizontal resistance 50d just 6 points higher 2167.39

SPX 60m trend, horizontal.. holds.. so far.