12/21/2016 Live Update

[uempel]

John Murphy at stockcharts.com today, link only for subscribers:

http://stockcharts.com/members/analysis/20161221-1.html

STOCK RALLY REMAINS STRETCHED -- AVERAGE DIRECTIONAL INDEX FOR THE DOW SIGNALS THAT RALLY IS VULNERABLE TO A SETBACK -- THE SAME IS TRUE FOR OTHER MARKET LEADERS -- THE 20,000 MILESTONE FOR THE DOW MAY BE PROMPTING SOME PROFIT-TAKING

[Trades with cats]

An hour and a half down to S1 and an hour and a half back up to the opening price. Should have been baking cookies, then I would have something to show for the day.

[fehro]

SPX 5m wedging.. . possible descending wedge.. TRIN nears HOD.. mind the lower gap..

[Trades with cats]

Article from a guy who is short NAT
http://seekingalpha.com/article/3999484 ... orm?page=2

[Cobra]

members only update at 2:48 pm
http://www.cobrasmarketview.com/2016/12 ... ay-update/

[Cobra]

Happy hour?

[Al_Dente]

HAPPY HOUR

gonna eat it.png.png (364.2 KiB) Viewed 3036 times

[Cobra]

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

[Cobra]

well, guess that's it for today. Thursday tomorrow 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

[fehro]

SPX … mind the VIX daily.. hammers today.. not good for the SPX bulls.. fwiw.