10/03/2013 Live Update

[L_T]

This one:

It’s bear
This one is better, 30min

The attachment 103thirty.png is no longer available

Here are all, 30 min

The attachment 103all_png.png is no longer available

Yes that one is cleaner I do like it better. Love the way you are always tweaking your visuals.

With so many charts this is how I imagine your office must look.

[stlwater]

The 50SMA has hooked over and is declining now (started a few days ago). I wonder if the rising wedge might break on this decline or do we get another bounce?

[Al_Dente]

1/volatility all bear [edit: XIV is straight, all others are inverted; all bear SPY)
Lower lows (aka higher highs on straight volatility)

[TWT]

$USO: With 5 up more upside should be expected after a corrrective phase

[stlwater]

1/volatility all bear
Lower lows (aka higher highs on straight volatility)

103all vola.png

My TVIX entry (hate that thing) $13.54... +19.70% Hopefully this will continue and make up for all the times that thing has nipped me in the arse.

[Al_Dente]

... this is how I imagine your office must look.

Nope, here’s mine

[smith]

Newbie question:


would this be considered a bear flag on the 15min chart?

[Al_Dente]

1/volatility all bear
Lower lows (aka higher highs on straight volatility)

My TVIX entry (hate that thing) $13.54... +19.70% Hopefully this will continue and make up for all the times that thing has nipped me in the arse.

Here are juiced shorts, 15 day % performance
Volatility shorts are on bottom panel

[stlwater]

bf10032013.png

Newbie question:


would this be considered a bear flag on the 15min chart?

http://thepatternsite.com/flags.html

[stlwater]

1/volatility all bear
Lower lows (aka higher highs on straight volatility)

My TVIX entry (hate that thing) $13.54... +19.70% Hopefully this will continue and make up for all the times that thing has nipped me in the arse.

Here are juiced shorts, 15 day % performance
Volatility shorts are on bottom panel

103juice.png

The decay is the killer... I went long TVIX on my buy signal at rising resistance SPX figuring on the price action we've seen. Hoping my trade would be flat at worst but hoping to pick up that juice on any break of the rising wedge. I'll sell 50% on a test of it, but am holding 50% for that break. It's not good trading to exact revenge from an instrument that's burned you, but if I get my way this time around this will likely be the last time TVIX and I do this little dance.

[smith]

so it looks like a yes it is so the target would be:

1691.81-1678.09=13.72
13.72*0.47= 6.45
1678.09-6.45=1671.64

if/when it breaks below 1678

bf10032013.png

Newbie question:


would this be considered a bear flag on the 15min chart?

http://thepatternsite.com/flags.html

[stlwater]

so it looks like a yes it is so the target would be:

1691.81-1678.09=13.72
13.72*0.47= 6.45
1678.09-6.45=1671.64

if/when it breaks below 1678

bf10032013.png

Newbie question:


would this be considered a bear flag on the 15min chart?

http://thepatternsite.com/flags.html

I'm not day-trading, but I am looking at the rising trendline (support) / lower channel line of the bearish rising wedge and the lower BB which is in the exact same place.

[Al_Dente]

UVXY (hourly) breakout, now at gap resistance
VXX (not on this chart) is at “island reversal” gap resistance (from the 27th)

[Cobra]

we now have mini rebound target. any rebound must exceeds the target before bears should be careful.

[Cobra]

members only update at 11:34 am
http://www.cobrasmarketview.com/2013/10 ... ay-update/

[Out of Bounds]

167.49 (SPY) is a big line in the sand back to mid-May

[smith]

I don't day trade either, but I like to look at intraday to practice on pattern recognition as it should be the same on daily and weekly charts.
edit: it broke 1678 so lets see how close it gets to 1671

so it looks like a yes it is so the target would be:

1691.81-1678.09=13.72
13.72*0.47= 6.45
1678.09-6.45=1671.64

if/when it breaks below 1678

bf10032013.png

Newbie question:


would this be considered a bear flag on the 15min chart?

http://thepatternsite.com/flags.html

I'm not day-trading, but I am looking at the rising trendline (support) / lower channel line of the bearish rising wedge and the lower BB which is in the exact same place.

[Cobra]

next key to watch.

[daytradingES]

SPX 15m.... a little head fake?.. and now break down?

Wow! great call Fehro!

[daytradingES]

too late getting going today and missed the move.
My breakdown level is 1667 and we have broken that just now
.