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Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 11:11 am
by Al_Dente
te_fern wrote:Pasta Boss, I like your box goal. The 5 DMA is also in that area shown as 130 MA on this 15 min chart...

there's yr box boss 8-)
it needs lower low, oy
(buy stops will be at top line of the box, sell stops will be located at the bottom line) too obvious?

106box.png.png

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 11:17 am
by Al_Dente
Al_Dente wrote:NUGT is going nuts up, 5min triple top test, breakout immanent

trip top failed for now, will try again maybe

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 11:19 am
by Mr. BachNut
Friday Mr. B post

Can't say what the NYMO cycle is. The oscillator has been flat for over a month.
Haven't seen anything like it. Flat NYMO, booming price.
Surprisingly, we have a dump today driving NYMO below the zero line.
At this point, it must be viewed as corrective, but time will tell if it is something more.

Price has cracked above the upper keltner and has reclaimed the broken magenta internal trend line.
It is bullish or a blow-off.
Some open gap targets below and as of this morning one above.

I am flat. Got taken out of long last week and was left behind.
Just watching equities for now.

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 11:43 am
by te_fern
Good call Boss, hope you picked up some....

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 11:49 am
by fehro
fehro wrote:SPX Wed HOD support range 2540.. near yGAP 2537-40 .. "may" see gap fill… bonds/gold/indexes red…. DXY USDollar up sharply - cash is king :roll: :lol:


sloppy H&S SPX 5m .. potential for another 10 points lower at neckline here.. look for gap fill 2537-40

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 11:56 am
by Al_Dente
ta.png.png

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 11:58 am
by te_fern
The first support pivot has held twice...

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 11:58 am
by te_fern
Al_Dente wrote:
ta.png.png


That's what I look for too! LOL!!

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:02 pm
by Al_Dente
te_fern wrote:
Al_Dente wrote:
ta.png.png

That's what I look for too! LOL!!

:lol: :lol: :lol:
OFF TOPIC:
NOW dammmmmmmm
NY declining stocks = 2.6 x advancing stocks
NY declining volume = 2.2 x advancing volume

EARLIER
NY declining stocks = 2.3 x advancing stocks
NY declining volume = 1.7 x advancing volume

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:06 pm
by fehro
mind VIX daily break out.. from chart on Tuesday.. over 10.25ish.. could see VIX explode up HUGE!!

from Tues:

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:08 pm
by te_fern
Pasta Boss, we made it to the 5 DMA, if we break thru, your box is next!!

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:09 pm
by Cobra

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:10 pm
by Al_Dente
te_fern wrote:Good call Boss, hope you picked up some....

What‘s interesting is that GDX,NUGT often act like inverse-spy or inverse-iwm
(market down, sell that crap and buy gold, etc)
Problem is that it doesn’t always work that way...…. nothing works all the time... bye bye boss, have a nice weekend :D

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:12 pm
by te_fern
Al_Dente wrote:
te_fern wrote:Good call Boss, hope you picked up some....

What‘s interesting is that GDX,NUGT often act like inverse-spy or inverse-iwm
(market down, sell that crap and buy gold, etc)
Problem is that it doesn’t always work that way...…. nothing works all the time... bye bye boss, have a nice weekend :D

You too! I'm on vacation next week, going to see the leaves change....

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:13 pm
by te_fern
NUGT is testing the top of the box for support..

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:18 pm
by fehro
te_fern wrote:NUGT is testing the top of the box for support..


mind the head fake in gold.. /GC 30m broke flag.. and retesting breakdown level.. and 20w SMA 1277ish.. key for the close

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:18 pm
by Cobra
bias is down.

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:23 pm
by fehro
fehro wrote:mind VIX daily break out.. from chart on Tuesday.. over 10.25ish.. could see VIX explode up HUGE!!

from Tues:


10.30ish VIX KEY level == pink , yellow daily downtrend

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:24 pm
by Al_Dente
SMALL
That angle of decline is wide (not “steep”) befitting a recalcitrant bear
It will dead-cat-bounce
NY declining stocks = 2.5 x advancing stocks
NY declining volume = 2.2 x advancing volume

106tna five2.png.png

Re: 10/06/2017 Live Update

PostPosted: Fri Oct 06, 2017 12:43 pm
by Wallstreetrader
Boots buying :mrgreen: simple