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12/03/2016 Weekend Update

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Cobra
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12/03/2016 Weekend Update

Post by Cobra »

Smart money shorted a little, not extreme, so not case 1 yet, might be still some up room.


How I use the chart:

I don't care what's the logic behind the chart. I found it works in the following two cases:

1.) When market up huge, if I see smart money huge short, best if new record short, then I know a short-term pullback is due soon.
2.) When market down, if I see smart money suddenly rises sharply from very negative value, then I know the pullback was over.

So I only use this chart for the above 2 cases. Besides those 2 cases, it means nothing to me. i.e. the absolute value of this chart means nothing to me, I only care if it rises sharply or drops sharply.
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Cobra
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Re: 12/03/2016 Weekend Update

Post by Cobra »

our weekly sentiment poll is here: viewtopic.php?f=9&t=2276

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Cobra
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Re: 12/03/2016 Weekend Update

Post by Cobra »

No stock picks for the next week. Scan only found 272 strong stocks which is ok but not for we're near all time high
viewtopic.php?f=10&t=2278

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fehro
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Re: 12/03/2016 Weekend Update

Post by fehro »

Weekly Daily Candles. Weekly NDX/COMPQ/IWM all ugly. VIX looks bullish.
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Weekly
Weekly
Daily
Daily
fehro
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Re: 12/03/2016 Weekend Update

Post by fehro »

Industry % INDEX weekly
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fehro
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Re: 12/03/2016 Weekend Update

Post by fehro »

T2 http://www.worden.com/TeleChartHelp/Con ... rs_T2s.htm
Swing buy signal weakening… no sell on SPX leaning indicators.
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Screen Shot 2016-12-03 at 2.33.59 PM.png
fehro
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Re: 12/03/2016 Weekend Update

Post by fehro »

Yields
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Screen Shot 2016-12-03 at 2.35.53 PM.png
fehro
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Re: 12/03/2016 Weekend Update

Post by fehro »

Yields v2.0

IRX (13-week Treasury) new multi year highs.. back to 2008 late summer
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BullBear52x
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Re: 12/03/2016 Weekend Update

Post by BullBear52x »

From it is what it is department:

Good money flow to suggest that bulls are doomed. Money talk eh?
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 12/03/2016 Weekend Update

Post by BullBear52x »

Short term common chart pattern.
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Zoomed in, 2195 on SPX is a must to regain for bulls or things will not go as smooth as hoping for.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 12/03/2016 Weekend Update

Post by BullBear52x »

Italy scare will really move the Dollar, soooooo. a Yes vote will tank the dollar while the No Vote will sky rock it.

That's my plan for how to trade the green, so, tonight will be very volatile future market. :geek: :ugeek: :arrow: :ugeek: :geek: :o :arrow: :shock: :arrow: :?
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Al_Dente
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Re: 12/03/2016 Weekend Update

Post by Al_Dente »

A historic short squeeze in Treasuries may be about to unfold, as shorts in bond futures are the largest in over 6 years with positions short across all bond futures maturities; One small change: shorts in very long dated bond futures are being trimmed from extremes, added in other parts of the curve.
[Deutche Bank via zh]
124record short bond.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 12/03/2016 Weekend Update

Post by fehro »

http://www.zerohedge.com/news/2016-12-0 ... ro-slides?

SPX slips 11 points at the open to 2182ish… buckle up :roll:
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Re: 12/03/2016 Weekend Update

Post by fehro »

DXY pressing higher..
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Re: 12/03/2016 Weekend Update

Post by fehro »

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Coldcold
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Re: 12/03/2016 Weekend Update

Post by Coldcold »

Again? Gap down then up and up?
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Out of Bounds
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Re: 12/03/2016 Weekend Update

Post by Out of Bounds »

Coldcold wrote:Again? Gap down then up and up?
It's gold that has me confused.
...
fehro
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Re: 12/03/2016 Weekend Update

Post by fehro »

fehro wrote:http://www.zerohedge.com/news/2016-12-0 ... ro-slides?

SPX slips 11 points at the open to 2182ish… buckle up :roll:
dabble short with tight stop.. on auto pilot.. looking for possible lower channel should cyan crack.
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Screen Shot 2016-12-04 at 9.59.41 PM.png
Coldcold
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Re: 12/03/2016 Weekend Update

Post by Coldcold »

Great, even FTSE MIB is green. Unbelievable.
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