10/17/2016 Live Update

[Cobra]

must make decisive new day low to avoid double bottom. key time.

[Daniel]

FXY hod
This is not good news for fans of Risk On.

However, IBB and QQQ are starting to show intraday RS, which is bullish.

Retail, Financials are the weak dogs.

[BullBear52x]

bear flag or triangle now. boring..........

[DellGriffith]

I have a friend who is brilliant but not even he can jump in and read this stuff. He doesn't understand bull, bear, hawkish, dovish, risk on, risk off. Investing is slowly turning into another language.

[BullBear52x]

The bearish look is weakening, but no bullish.

[BullBear52x]

I have a friend who is brilliant but not even he can jump in and read this stuff. He doesn't understand bull, bear, hawkish, dovish, risk on, risk off. Investing is slowly turning into another language.

Fund managers love Doctors, lawyers, and engineers.

[Cobra]

beware of double bottom. not sure as the rebound is weak.

[Cobra]

sorry, this is correct chart in case you don't see double bottom.

[Daniel]

I have a friend who is brilliant but not even he can jump in and read this stuff. He doesn't understand bull, bear, hawkish, dovish, risk on, risk off. Investing is slowly turning into another language.

Hm. Maybe he isn't brilliant. Maybe he isn't motivated to try. Maybe he understands but doesn't want to be bothered explaining it to others.

Be contrarian! Nothing is at face value.

[Cobra]

members only update at 12:07 pm
http://www.cobrasmarketview.com/2016/10 ... ay-update/

[BullBear52x]

I have a friend who is brilliant but not even he can jump in and read this stuff. He doesn't understand bull, bear, hawkish, dovish, risk on, risk off. Investing is slowly turning into another language.

Hm. Maybe he isn't brilliant. Maybe he isn't motivated to try. Maybe he understands but doesn't want to be bothered explaining it to others.

Be contrarian! Nothing is at face value.

every occupation got their own language that's how expert comes into play, using the language that no one understand make ones feel superior, Human human.......

[BullBear52x]

How many life in this intraday bulls, Boring........lets get on with it, this is when patience counts I guess.

[fehro]

The usual Monday choppiness

[MrMiyagi]

SPX better get its act together, lower Bollinger support is getting tired of lifting.

[Daniel]

..this is when patience counts I guess.

My intraday momentum indicator is reading flat zero right now. No discernible edge nowhere.

[Trades with cats]

Pretzel Logic had a sermon on his Elliot Wave site (PretzelCharts) talking about the risks of overtrading in a boring flat market.
On the other hand (President Truman famously said "can't someone find me a one handed economist") I have seen over the last several weeks that if you don't take the signals that sort of break even you won't be in when the sudden lightning bolt move happens. This is not fun trading, more like grinding it out trading.

[BullBear52x]

TTM_Squeeze agreed with no trend but leaning bearish still.

[parker]

depression and indecisiveness )

[BullBear52x]

[BullBear52x]

The chase down will be fast, tick tox tick tock tick tick