10/24/2016 Live Update

[Out of Bounds]

Trading this.
Short 44.75

[BullBear52x]

Chart for the road: I am leaning bearish over all, the Up/Dn volume agreed with me, no heavy buying to counter the heavy selling that I can call to. so.....bearish until more buying shows up. Peace!

[fehro]

SPX.. worth watching how that daily closes… leaning a little to the toppy side looking. 20w /20d 2149 / 2146 the two levels to watch again

[Eddie]

End of day ramps have been lacking lately. Let's see if today is any different.

[brokebybernacke2]

2060 level seems quite doable...no daily diverenges and mac d lookin guten....get above 2076 or so and looks quite clear..2060-2076 nut needs crackin...

[Cobra]

members only update at 3:30 pm
http://www.cobrasmarketview.com/2016/10 ... ay-update/

[fehro]

SPX.. worth watching how that daily closes… leaning a little to the toppy side looking. 20w /20d 2149 / 2146 the two levels to watch again

SPX mind the possible gap up evening star/inv hammer.. we gap down tomorrow.. would be not pretty could be uber bearish… insert news headline here: "____________________ "

/ES daily 60m .. possible pink bearish rising wedge.. break pink, then 2130.. could see sharp down as the yearly daily channel will crack. Otherwise.. up to the yellow trend, then down?

taking a few SPY P and VXX C overnight OTM low risk

[Trades with cats]

Well so much for power hour buying.
Also, now that the regulators are asking questions the 15 minute ramp at 3:30 caused by:
1. Options hedgers squaring their portfolio as they capture option value time decay
2. ETF daily rebalancing
3. A sinister plot by Goldman that you must wear your tin foil hat to be able to see

Well that ramp just isn't happening anymore. So I am thinking it is now the wimpey hour!

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2016/10 ... ay-update/

[Cobra]

well, guess that's it for today. Tuesday tomorrow has been mixed. 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

[Out of Bounds]

Trading this.
Short 44.75

Covered 44.00

[DellGriffith]

Daily SPY:

Another bullish MACD cross, and this one FAILS again! It is ignored according to the rules of my system.