12/12/2016 Live Update

[fehro]

SPX bounce level.. SPX weak bounce.. and stalls again at 2256 possible H&S then if LOD goes target 2243

[uempel]

Shaishen: nice

[KENA]

The liquidity is high. It must start dropping for any meaningful pull back. Lets see if it pulls back.

chart by stocktiming

[JFR]

How low will it go? Just watching and wondering, not speculating on it.

Day trades in growth stocks taking a bit of a hit today.

[BullBear52x]

support around here.

[BullBear52x]

Bears wishful thinking.

[KENA]

The mkt reversed back up but now the small red and blue lines are again about to cross. If they do, then if liquidity starts dropping we could see a nice drop in the mkt. But for the bears lets see.

chart by stocktiming

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[uempel]

Andrews Fork on daily SPX linear:

Another view - I find Pitchfork fascinating but never manged to make it work to my advantage

Here the two Andrews from Shaishen and me:

[Al_Dente]

12/12
Rob Hanna
Weak odds today (day 1, orange box), BULL odds thereafter
OPEX Friday is day 5 (green arrow; yellow highlight)

[BullBear52x]

Clockworks, second sell, this is new for bears in a long time

[BullBear52x]

new LOD is the plan.

[fehro]

AAPL holds the 50d SMA at LOD 5m.. pbar

[Al_Dente]

AAPL
BIG up P-Bar?

[Al_Dente]

Some percentages since Trump Day
Hourly
Hard to tell but there are a few lower lows VERY SHORT TERM: IWM cyan, BANKS red, TRAN gray

[BullBear52x]

last sell was no go. oy...

[BullBear52x]

back on southbound train once more. bear flag still intact.

[fehro]

SPX mind the LOD, open gap. 5m VIX nHOD cracks the 13- 13.25 could move up sharply

[BullBear52x]

bear flag with ascending in mind.

[Al_Dente]

LAST WEDNESDAY “an unknown buyer … purchased around 16,000 E-mini S&P 500 futures contracts at 1:21 p.m.” ET
A week later, the WSJ summarizes … that "$1.8 billion futures trade that fueled buying in the U.S. stock market on [last] Wednesday was the biggest transaction of its kind all year… and comparable in size to the “fat finger” trade said to have set off the May 2010 “flash crash.” [except this was the opposite of a “flash crash” becausec it was buy longs not sell].
“Wednesday’s order sparked a frenzy of superfast trading as other market participants piled in and a total of $3.4 billion worth of E-minis changed hands within two seconds, including the original transaction.”
ES folks should read this:
http://www.zerohedge.com/news/2016-12-1 ... mini-trade
The real bullsite is this: “"it is unclear who stood behind the trade.” The CME knows exactly the source of the order(s) but as usual, won’t/can’t disclose it.
“most likely … an algorithm”

[BullBear52x]

What I learned in the past few years on info.

Financial news people turn to Zero Hedge
Politic news people turn to FOX
all others people turn to You tube.

sad time for propaganda networks.

to me there is no real news on any channel including FOX.

Folks we are screwed on the media bias.