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11/21/2016 Live Update

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Cobra
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11/21/2016 Live Update

Post by Cobra »

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clearly a rising wedge. I don't read rising wedge as bearish pattern but it is not a bullish pattern either. I mean this rally falls into a rising wedge too quickly.
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Cobra
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Re: 11/21/2016 Live Update

Post by Cobra »


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fehro
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Re: 11/21/2016 Live Update

Post by fehro »

SPX nears ATH 2193.81 VIX 15m bullish falling wedge on support
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Screen Shot 2016-11-21 at 6.31.46 AM.png
Trades with cats
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Re: 11/21/2016 Live Update

Post by Trades with cats »

Nice spike up for the opening range through the multiday resistance. Low volume holiday shortened market doing what everyone predicted so far. New highs then strong chance of sell off next week.
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BullBear52x
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Re: 11/21/2016 Live Update

Post by BullBear52x »

breakout and up we go.
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Trades with cats
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Re: 11/21/2016 Live Update

Post by Trades with cats »

Adrenalin trading is for sure the oil market this week. Goldman just changed their estimates, Bloomberg and Reuters are covering every utterance. Some are estimated 54 to 56 high as this unfolds. More contracts out than anytime in years and the oil VIX at 7 year high. Could just as well be a bull rider in the rodeo, because the ups and downs are going to be that fast. :D
fehro
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Re: 11/21/2016 Live Update

Post by fehro »

INDEX days.. COMPQ nATH, NDX lags.. SPY nATH, SPX.. almost there.. just 0.50 short with /ES
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Screen Shot 2016-11-21 at 6.55.25 AM.png
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Al_Dente
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Re: 11/21/2016 Live Update

Post by Al_Dente »

1121thanksgiving.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 11/21/2016 Live Update

Post by Cobra »


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Out of Bounds
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Re: 11/21/2016 Live Update

Post by Out of Bounds »

Short 2190 in a rather large way.
...
fehro
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Re: 11/21/2016 Live Update

Post by fehro »

SPX VIX green.. sharp reversal .. SPX just a 0.09 short of ATH :roll:
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Screen Shot 2016-11-21 at 7.03.22 AM.png
fehro
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Re: 11/21/2016 Live Update

Post by fehro »

SPX .. as VIX 15m nears downtrend / breakout of bullish falling wedge still green, with SPX
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Screen Shot 2016-11-21 at 7.26.59 AM.png
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BullBear52x
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Re: 11/21/2016 Live Update

Post by BullBear52x »

Clockworks,
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BullBear52x
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Re: 11/21/2016 Live Update

Post by BullBear52x »

I see an overbought condition but this is fearless market.
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DellGriffith
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Re: 11/21/2016 Live Update

Post by DellGriffith »

One commentator I read says everything is primed for an immediate drop and short a breakdown. He has a counting system and a lot of charts have hit the number where a drop occurs as of friday. Another commentator I read says everything is really toppy. I think I might short a breakdown myself.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
fehro
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Re: 11/21/2016 Live Update

Post by fehro »

SPX 0.09 short of nATH at HOD, /ES 0.25 short
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fehro
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Re: 11/21/2016 Live Update

Post by fehro »

SPX here we go …. pressing nATH or double top :roll:
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Screen Shot 2016-11-21 at 8.18.25 AM.png
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BullBear52x
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Re: 11/21/2016 Live Update

Post by BullBear52x »

in cash, wait for new buy.
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JFR
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Re: 11/21/2016 Live Update

Post by JFR »

Overnight gap up. Trading range. Will it break out? Just scalping longs on pullbacks within the range.
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DellGriffith
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Re: 11/21/2016 Live Update

Post by DellGriffith »

DellGriffith wrote:One commentator I read says everything is primed for an immediate drop and short a breakdown. He has a counting system and a lot of charts have hit the number where a drop occurs as of friday. Another commentator I read says everything is really toppy. I think I might short a breakdown myself.
Well, pretty easy decision to make here. We keep going up, no breakdown, so no short!
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
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