12/15/2016 Live Update

[Al_Dente]

Fern:
Edit: look at the red ema on the STO: you can see where somebody LIGHTNING FAST like bb52x would have longed the TNA at 1:00 ET (where you saw the buy signal) but out quick when the red ema crossed to OUT …. I’m just not quick enough for that… are you?
Only you know how to make it work for you…..

[te_fern]

Is fern here today?

Been in and out today running errands with the wife. Almost bought some TNA around 1:00, but held off. Thx!

This is what I meant by trading with the trend
IWM only, 1m, intraday only…
Yes the 34/89 crossed to bull but can it last out the day before flipflopping back to bear… IDK

1215one.png.png

""""""""Almost bought some TNA around 1:00, but held off"""""""
1:00 would have been a "cover short" point, but that's only if you were still trading a bear trend...that's just me... grain of salt... FWIW...

Boss, you are right about trading with the trend, I would have been stopped out if I had bought at 1:00. Thanks!

[Cobra]

Happy hour?

[Al_Dente]

HAPPY HOUR

[fehro]

SPX ..daily candles index wise.. very wicky to the upside. … possibly toppy

[Al_Dente]

Quad-witch tomorrow
Rob Hanna’s odds were BULL
Any other chatter?

[Trades with cats]

Need to start calling power hour "nap time'.

[DellGriffith]

I kinda thought we'd sell off at the close as the big seller would dump but maybe not.

[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. 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