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02/09/2017 Live Update

blufftrader
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Joined: Fri Jan 13, 2017 2:25 pm

Re: 02/09/2017 Live Update

Post by blufftrader »

Hello Mr BachNut...always look forword to your Friday updates. I am sure you have noticed that the McC Osc hasn't taken out the 2/3 nor the 1/25/17 highs yet...a marginal new high Fri. and rejection may spell a short term top plus we get the "bonus full Moon" on 2/11/2117...Unless of course the market breath takes out those McC Osc highs mentioned...If that happens...potential short squeeze...hope not.
uempel
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Joined: Tue Feb 15, 2011 6:38 am

Re: 02/09/2017 Live Update

Post by uempel »

Long term weekly suggests that SPX is at important crossroads. Up or down from here :lol:
Previously I had a chart here with wrong captions, this one is correct
Previously I had a chart here with wrong captions, this one is correct
Last edited by uempel on Thu Feb 09, 2017 4:31 pm, edited 1 time in total.
user13
Posts: 262
Joined: Fri Jul 29, 2011 3:00 pm
Location: New York

Re: 02/09/2017 Live Update

Post by user13 »

I never seen so much divergence everywhere but the market continues to go higher and diverge even more. I just bought some puts on the spike. Lets see.
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Junior Buffett
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Re: 02/09/2017 Live Update

Post by Junior Buffett »

uempel wrote:Bulls fighting to keep SPX above the blue ellipse:
sd.png
Uempel, it will be interesting to see if prices closes above blue ellipse..if it does than GOD saves BEARS...steam engine will become super fast train..lol
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BullBear52x
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Re: 02/09/2017 Live Update

Post by BullBear52x »

Clockworks
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1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Al_Dente
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Re: 02/09/2017 Live Update

Post by Al_Dente »

The last time IWM/TNA/RUT was at this level, the NYAD was at this level
PINK CIRCLES
15min
29ad.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 02/09/2017 Live Update

Post by BullBear52x »

$TICk and $CPC are on the bear side half of the day until now, tomorrow is another day for me. too late now to waste time on 1-2 handles.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 02/09/2017 Live Update

Post by BullBear52x »

Chart for the road: MO is back positive, overbought is YES, bearish is No. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
blufftrader
Posts: 11
Joined: Fri Jan 13, 2017 2:25 pm

Re: 02/09/2017 Live Update

Post by blufftrader »

Hello Al..a few weeks back you asked for a symbol for the IWM for McC OSC...As you said Stockcharts doesn't have one but etfinvestmentoutlook.com has end of day data (free) for that and most etf"s...hope that helps.
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Al_Dente
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Re: 02/09/2017 Live Update

Post by Al_Dente »

blufftrader wrote:Hello Al..a few weeks back you asked for a symbol for the IWM for McC OSC...As you said Stockcharts doesn't have one but etfinvestmentoutlook.com has end of day data (free) for that and most etf"s...hope that helps.
thanks very much, I'll try that :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 02/09/2017 Live Update

Post by Cobra »


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Cobra
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Re: 02/09/2017 Live Update

Post by Cobra »

well, guess that's it for today. Friday tomorrow has been bull friendly recently. thank you guys, I'll see you tomorrow.

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Mr. BachNut
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Re: 02/09/2017 Live Update

Post by Mr. BachNut »

blufftrader wrote:Hello Mr BachNut...always look forword to your Friday updates. I am sure you have noticed that the McC Osc hasn't taken out the 2/3 nor the 1/25/17 highs yet...a marginal new high Fri. and rejection may spell a short term top plus we get the "bonus full Moon" on 2/11/2117...Unless of course the market breath takes out those McC Osc highs mentioned...If that happens...potential short squeeze...hope not.
Indeed. We got a yawning breadth divergence going on here under the hood. At some point, it may bite, but price rules. An edge is but an edge.
I am keeping an eye on the big caps and the goings on in currency land for tells.

The 11th is interesting. It is a Bradley turn date. I think market astrology is voodoo, but those things actually play out from time to time. Hard to trade but it is a good time to pay attention.
The 11th is also about the anniversary of last year's low, which offers some symmetry. Eumpel also had some ellipses suggesting we are in an important time frame.

I have no idea what will happen on what day, but as I look across markets (equities, treasuries, currency, metals, energy), the charts look like there is a change in character lurking and setting up.
blufftrader
Posts: 11
Joined: Fri Jan 13, 2017 2:25 pm

Re: 02/09/2017 Live Update

Post by blufftrader »

Thanks...I have generally found that buy signals (divergences work better than sells)...and when they don't work (sells) we get a big move in the other direction.
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BullBear52x
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Re: 02/09/2017 Live Update

Post by BullBear52x »

Another Major National news that got most of trader freaking out. especially....you know who. :)

TA side of thing:

Long term = Buy.
1.PNG
Mid term = Buy, break out buy the dip. stop below 44.
2.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Al_Dente
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Re: 02/09/2017 Live Update

Post by Al_Dente »

BullBear52x wrote:Another Major National news that got most of trader freaking out. especially....you know who. :)
TA side of thing:
Long term = Buy.
1.PNG
Mid term = Buy, break out buy the dip. stop below 44.
2.PNG
:lol: :lol: :lol: :lol:
Note better volume on LABU and LABD
(courtesy of fern)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 02/09/2017 Live Update

Post by BullBear52x »

Al_Dente wrote:
BullBear52x wrote:Another Major National news that got most of trader freaking out. especially....you know who. :)
TA side of thing:
Long term = Buy.
1.PNG
Mid term = Buy, break out buy the dip. stop below 44.
2.PNG
:lol: :lol: :lol: :lol:
Note better volume on LABU and LABD
(courtesy of fern)
LABU is nice looking, LABD nope.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Al_Dente
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Re: 02/09/2017 Live Update

Post by Al_Dente »

Boss: we need a humor break
CNN is airing the first part of their series “The History of Comedy” tonight at 10pm ET
It’s getting good reviews
Check it out and report back to me in the morning :roll: :twisted:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 02/09/2017 Live Update

Post by BullBear52x »

Al_Dente wrote:Boss: we need a humor break
CNN is airing the first part of their series “The History of Comedy” tonight at 10pm ET
It’s getting good reviews
Check it out and report back to me in the morning :roll: :twisted:
Most likely I'll not see it, I'll be somewhere with cold one. :)
My comments are for entertainment/educational purpose only. NOT a trade advice.
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