11/18/2016 Live Update

[Trades with cats]

Looking for support at yesterdays VWAP. There could be a second run up in the ES before it rolls over. Seems like lots of folks are looking for a 30 point or so pull back before we charge on up. Me, I'm just confused about at what point the risk parity funds start dumping like they always do. The RBC guy said it was a retooling of their rules and strategy after the last sell-off. Be that as it may they are hurting and at some point they will start selling whatever will sell as the margin calls come in. Unless of course anyone thinks the Fed can back down from their December date with destiny.

[BullBear52x]

Educational purpose only:
This chart of trend following (clockworks) once the normal trend following failed, I know the wind of change is at hand, I will switch my trend following setup to range trade until the consolidation phase takes me one way or the other.

for the range trade setup, LL from here will confirm the change from up trend to down trend short term.

[BullBear52x]

/NG is bullish bias now short term, I am anticipating for a winter bounce from here.


Short term UNG chart. bullish bias.

[fehro]

SPX .. mind the VIX 15m dangerously close to a sharp up break out …. target if VIX goes 16.25!

SPX 5m.. sloppy H&S pink 5m would co-ordinate with VIX break out

RS here.. if it sticks.. LOD goes .. 2171.. or just gap it should we close flat

careful LOD goes .. could see a 10 point drop .. more likely a gap on monday..

[Trades with cats]

Yes that Nat Gas is sort of like oil with 4 seasons per year. It sure looks like time to start withdrawals, if the weather gets cold.

[BullBear52x]

Yes that Nat Gas is sort of like oil with 4 seasons per year. It sure looks like time to start withdrawals, if the weather gets cold.

Look at the past 4 years since the crash of oil and gas industries last two years the bounce was not all that impressive I hope we get better bounce this year, or resume its down trend??

[Trades with cats]

Chesapeake is pretty much gone and Chernie Energy has exported around 15 LNG tankers this year. They are building more liquefaction trains at a billion plus. So yes at some point in here you would think we hit a durable bottom. As long as our stuff sells for less than half the world price exports will grow, unless Washington says no. It is the timing on the thing that is a problem to me.

[Al_Dente]

HAPPY HOUR

[BullBear52x]

Chart for the road: For the week bulls seems to get their ways, looking at $NYSI bad news still can be bad for the market, >0 will be better, at this level I can not let the guard down, not to be overly bullish. Peace!

[Cobra]

100% mm possible

[JFR]

Big picture.

"winking at the brim," to quote John Keats. It looks like it wants to go up, but it is at resistance. Need a breakout. Crazy times --- Up is no guarantee.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2016/11 ... ay-update/

[Cobra]

well, guess that's it for today. Monday has been a little bit bear friendly recently. thank you guys, I'll see you in another thread soon.

please don't forget our weekly sentiment poll which will be posted right after the close.

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

[BullBear52x]

Papabull is so in love, took two kisses, well, if he is back for the third kiss on Monday, Papabull is here to stay, there will be a wedding.

[Cobra]

Our weekly sentiment poll is here:
viewtopic.php?f=9&t=2258