12/01/2016 Live Update

[BullBear52x]

This is good looking for mid term dip buying.

[Al_Dente]

GDX has been trying hard to form a base ... depends on the dollar.......

[ALdaytrade]

Reminder:

jj.png

Thank you for the chart. My chart indicates 1982 as support!

1982?

Sorry, need some coffee. That should read 2182.

2155 looks good for weekly support too.

[Al_Dente]

Some percentages since Trump Day
Hourly
Tech QQQ black slipped underwater today

[Al_Dente]

I don’t yet see a bounce in the smalls
Maybe in the last hour?
[edit: Pence just started]

HAPPY HOUR

[BullBear52x]

Chart for the road: fearful market, buying with tight stop is mandatory, no new LOD will give bulls some hope of reversal, a new LL will in crease a chance of shakeout to 20/50 DMA. Peace!

[ALdaytrade]

Um, the math works out to something under $700 per employee, no?
Article said $636 or close to that, I think

OOOOOPS THANK YOU VERY MUCH

http://www.wsj.com/articles/indiana-giv ... 1480608461

[Al_Dente]

smalls have a chance at a double bottom here
1min

[Cobra]

breakdown more likely.

[fehro]

SPX weak.. looking for possible 2182-85 Nov 21/22 gap fill

[ALdaytrade]

smalls have a chance at a double bottom here
1min

121one iwm.png.png

Just finished building a bear flag for the $SPX

[Cobra]

members only update at 3:30 pm
http://www.cobrasmarketview.com/2016/12 ... ay-update/

[Cobra]

I don’t yet see a bounce in the smalls
Maybe in the last hour?
[edit: Pence just started]

The attachment 121one min.png.png is no longer available

HAPPY HOUR

The attachment fox.png.png is no longer available

[ALdaytrade]

PEOTUS live link at Carrier plant:
http://www.zerohedge.com/news/2016-12-0 ... nt-indiana

PEOTUS is late but here’s my math:
So it cost Indiana taxpayers $7,000 per employee per year to keep Carrier open
($700,000 per yr for 1,000 employees)
I suppose if you put that into perspective: it costs what? $25,000 or $32,000 per inmate per year in prisons nationally… so I guess that’s a good deal…
1400 were supposed to be fired…. The current arrangement is for 1,000 folks to keep their jobs.

Total number is 7 Million: https://www.washingtonpost.com/news/won ... ec7b245547

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2016/12 ... ay-update/

[Cobra]

well, guess that's it for today. Friday tomorrow has been bear friendly recently. it's also nfp day which has been mixed recently. 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

[K447]

Cobra, possible typo in members only intra-day update, did a bull flag become bear flag?

[Trades with cats]

Not much of a bounce into the close. Don't forget the big action is at 8:30 eastern tomorrow.

[Cobra]

Cobra, possible typo in members only intra-day update, did a bull flag become bear flag?

Fixed, thanks.

[mikeyellowpine]

Can anyone think of a way in charts of when bulls continue to buy stocks (risk) ATH vs. rising rates, the width of disparage (divergence) and the aftermath? Do bonds always win?
GLTA
Long time listener!
Hope to retire some day!
Vote Cobra!

Smalls in Idaho