12/16/2016 Live Update

[Trades with cats]

Once again at the 1/2 past the hour time market stops dropping. I am getting weirded out by this !

[DellGriffith]

Daily SPY:

Still short. I expect a big gap down either monday or tuesday. Something pretty big. Might just gap down to like SPY 222 and head lower.

[MrMiyagi]

Obama conference live. If you care.

[Eddie]

You can tell the bulls have lost their mojo when you get a good entry, indicators are lined up nicely, but price goes nowhere.

[Eddie]

HAHA. Just as I say that we get a pop.

[Eddie]

That didn't last long. Smells a little like distribution.

[Al_Dente]

Obama conference live. If you care.

thanks boss
starts now

[Al_Dente]

Second day in a row that the SMALL CAPS popped into bull territory and couldn’t keep it together by the end of the day.
Looked so promising with higher lows and higher highs. Now just needs to hold that pink line (on another higher low) to encourage the bulls once again.
… else bear…
1min

[te_fern]

Second day in a row that the SMALL CAPS popped into bull territory and couldn’t keep it together by the end of the day.
Looked so promising with higher lows and higher highs. Now just needs to hold that pink line (on another higher low) to encourage the bulls once again.
… else bear…
1min

1216one.png.png

Thanks Boss!

[Al_Dente]

HAPPY HOUR

[Cobra]

HAPPY HOUR

[Trades with cats]

Waiting for the elusive 3:30 ramp.

[Al_Dente]

… else bear…

Thanks Boss!

[Trades with cats]

VWAP ES 56.25 going to take more money than the last two swings up had.

[Cobra]

if not the close is near I'd say low might be in. too bad it's too late.

[Trades with cats]

Check out the Russell, major sell off into the close.
Apologize for my charts, so ignore all those lines.

[Cobra]

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

[Cobra]

well, guess that's it for today. Monday has been mixed. thank you guys, I'll see you in another thread soon.

don't forget our weekly sentiment poll which will be posted right after the close.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[Cobra]

our weekly sentiment poll is here:
viewtopic.php?f=9&t=2295

[Trades with cats]

I kinda miss the directional closes when the big boys dropped hints for the next day. These high volume whip saw ranges sure don't give a person much insite.

For what it is worth the ES kissed VWAP 1 minute into the extended trading hours.