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11/17/2016 Live Update

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BullBear52x
Posts: 29601
Joined: Tue Feb 22, 2011 3:47 pm

Re: 11/17/2016 Live Update

Post by BullBear52x »

Clockworks, not time to waste but here food for bears.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Denali92
Posts: 526
Joined: Wed May 25, 2011 3:39 pm

Re: 11/17/2016 Live Update

Post by Denali92 »

And the longest Hourly OB period for the MIDcaps comes to an end after 27 hourly bars at 2:30pm. It was also the second biggest rally in point terms. Only beaten by a rally in October 2014. 5 of the 6 largest Hourly OB rallies in terms of point gains have now occurred in 2016. :roll: :roll: :roll:

There should eventually be some re-trace - in the past, these monster rallies have tended to re-trace 40 to 80% of the point gain which would be 18 to 38 points in the MID - now trading at 1604.

-D
fehro
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Joined: Fri Sep 02, 2011 2:06 pm

Re: 11/17/2016 Live Update

Post by fehro »

SPX .. VIX still holding up .. as VXX caters.. nLODs.. DXY still near HOD 100.95
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Cobra
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Re: 11/17/2016 Live Update

Post by Cobra »


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Cobra
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Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/17/2016 Live Update

Post by Cobra »

well, guess that's it for today. Friday tomorrow has been a little bit bear friendly. thank you guys, I'll see you tomorrow.

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