10/12/2012 Live Update

[Harapa]

VIXies Update
VIXies (in M05 period) moved to the Sell side ~2:00PM EST. Now this setup favors bears. STATs for last three closed trades (using SPY) +2.16$, +3.02$, &-0.48$.

Check this out boss
I got sell agree about 11:30 ET on 5min
Why the discrepancy?

1012vixies.png

It should read ~12 EST
I corrected the time to match what shows on my chart. As I go by cross of EMA's my signal is usually few minutes late, yet similarly profitable

[fehro]

possible bear flag, for a Monday gap down? or still a little more sideways chop?

[Jack12]

Monday morning panic selling?
What do you kids figure..... gap down and buy up Tuesday does not seem out of place.

You were reading my mind, trying to figure out which would be better. Not a good idea to complete the 5th then gap up monday. Thinking better to gap down to 1422 or so and it will be bought up at little cost

[Mr. BachNut]

A lot of sell stops got run this week.
Liquidation has been orderly not panicky according to VIX.

A lot of shorts have accumulated on the way down.
A chunk of them are likely weak hands.

Next week is OPEX.
Just sayin'...

[Cobra]

the 3rd attempt on the high as expected, now key time, no failure allowed for bulls from now on.

[Jack12]

Monday morning panic selling?
What do you kids figure..... gap down and buy up Tuesday does not seem out of place.

You were reading my mind, trying to figure out which would be better. Not a good idea to complete the 5th then gap up monday. Thinking better to gap down to 1422 or so and it will be bought up at little cost

The othe optionis wave 1 was slow w2 quick w3 intermediate w4 slow(opposite to w2) wave 5 SSS. short, sharp, shocked

[MrMiyagi]

Monday morning panic selling?
What do you kids figure..... gap down and buy up Tuesday does not seem out of place.

You were reading my mind, trying to figure out which would be better. Not a good idea to complete the 5th then gap up monday. Thinking better to gap down to 1422 or so and it will be bought up at little cost

I was trying to think like mom & pop traders out there. They are the panic sellers that MMs love.

[Al_Dente]

VIXies Update
VIXies (in M05 period) moved to the Sell side ~2:00PM EST. Now this setup favors bears. STATs for last three closed trades (using SPY) +2.16$, +3.02$, &-0.48$.

Check this out boss
I got sell agree about 11:30 ET on 5min
Why the discrepancy?

The attachment 1012vixies.png is no longer available

It should read ~12 EST
I corrected the time to match what shows on my chart. As I go by cross of EMA's my signal is usually few minutes late, yet similarly profitable

My swing renko stayed bear
It registered a 1 point move in SSO as a flag

[fehro]

VIX cross.. close but no cigar yet.

[TraderGirl]

VIX has 5 waves in this move up, so I am thinking it gets another move up after a B wave down is complete...this works with my charts that say we could be up monday morning, then sell off...

We'll see how this plays out...

[fehro]

VIX daily up against downtrend one more time

[Harapa]

VIXies Update
VIXies (in M05 period) moved to the Sell side ~2:00PM EST. Now this setup favors bears. STATs for last three closed trades (using SPY) +2.16$, +3.02$, &-0.48$.

Check this out boss
I got sell agree about 11:30 ET on 5min
Why the discrepancy?

1012vixies.png

It should read ~12 EST
I corrected the time to match what shows on my chart. As I go by cross of EMA's my signal is usually few minutes late, yet similarly profitable

My swing renko stayed bear
It registered a 1 point move in SSO as a flag

1012renko.png

Do you have some STATs to compare it with VIXies?

[MrMiyagi]

SPX keeps grinding against the 50sma, like a horny teenager....

[Cobra]

no good, I said no failure allowed here, now looks like a double top.

[Petsamo]

Let this market fall

[Cobra]

target I'm not sure as 20 min to close.

[MrMiyagi]

Let this market fall

Let the blue chips fall where they may...

[Petsamo]

Let this market fall

Let the blue chips fall where they may...

Da bears are a tease. This bear leg is nothing. They might gap this thing up Monday. China needs to start selling off, dangit !

[Me XMan]

Watch for Helicopter Ben come out swinging again.

[Al_Dente]

VIXies Update
VIXies (in M05 period) moved to the Sell side ~2:00PM EST. Now this setup favors bears. STATs for last three closed trades (using SPY) +2.16$, +3.02$, &-0.48$.

...

It should read ~12 EST
I corrected the time to match what shows on my chart. As I go by cross of EMA's my signal is usually few minutes late, yet similarly profitable

My swing renko stayed bear
It registered a 1 point move in SSO as a flag

1012renko.png

Do you have some STATs to compare it with VIXies?

Boss I don’t have no stats just eyeballs
I’ve been using it for months
It originally came from “benandlloyd” on this board, then I tweaked it mercilessly
Good swing if I just read it properly
have yourself a nice weekend