10/11/2016 Live Update

[Al_Dente]

Russian website Znak published today:
Russian state officials and government workers were told to BRING BACK THEIR CHILDREN STUDYING ABROAD IMMEDIATELY, EVEN IF MEANS CUTTING THEIR EDUCATION SHORT AND NOT WAITING UNTIL THE END OF THE SCHOOL YEAR, and re-enroll them in Russian schools
[source is zh and needs confirmation]

[Cobra]

15 min ema20, let's see any sellers here. it's so typical for downtrend day to rebound big near close. straight down day is rare.

[Shaishen]

SPX cover some shorts from yesterday here.. 2148-45 SPX ish goes look for a very sharp drop to 2130s

impressive..

`

Thanks.. but not really… doesn't always work.. but major 4week support fails. with VIX two week downtrend breaks.. "should" be a big fast move.
support holding ish here.. 2141.57 20w upside resistance.. bulls will want to close above it .. VIX 200d SMA 16.32 holds
close weak.. then daily 2112 could be next cyan lower channel

60m trying to hammer fwiw.

Thanks for details. Closing above 2141 (SPX) not much time left but possible. VIX not cooperating with the bears

`

[fehro]

another invs H&S fwiw SPX 20w 2141.61 very close.. bulls want > close

[Cobra]

members only update at 3:53 pm
http://www.cobrasmarketview.com/2016/10 ... ay-update/

[Cobra]

well, guess that's it for today. Wednesday tomorrow has been generally bear friendly but was up 3 of the last 3. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[Daniel]

SPY already up 40cents in the aftermarket, from the close.

Still seems like controlled selling, on the macro level. Dips get purchased.

Very sideways macro market. UUP is within 1% of where it was 2years ago, for example.