01/07/2015 Live Update

[MrMiyagi]

Thanks a lot for sharing! This is helpful. Given my experiences tracking the p-bars you posted, some of them got hit definitely about 10-20 days later and so this spreadsheet format will help tracking these long terms ones easier. However, as a graphical guy, I do like seeing your graphical/plot format (which is more straightforward), and so once in a while a 5-day or 10-day update will be great.

You're welcome Ed!

In effect, all of the pBars get hit and some point. What is of interest to me is the 10 day period that I can track it on my TD platform.
I will update the Excel chart daily and intraday, and periodically do the 5-10 day updates.
If anyone has any input on how to better the Excel representation, post here or just drop me a private message as I may miss something during the day.

[Cobra]

range, wait for break either up or down.

[fehro]

TLT creeps up

[Cobra]

in theory, down is more likely as i see 3 push up then lower high (red arrows), but really I'm bull brainwashed, cannot believe any bear signs.

[Trades with cats]

On the bull side crude has clawed it's way back up over $49. DOL/Yen down at 119.22 so it is not helping. Maybe they will bang the Vix to jump start this thing, we have certainly seen that a lot the last month.

[JFR]

Thanks a lot for sharing! This is helpful. Given my experiences tracking the p-bars you posted, some of them got hit definitely about 10-20 days later and so this spreadsheet format will help tracking these long terms ones easier. However, as a graphical guy, I do like seeing your graphical/plot format (which is more straightforward), and so once in a while a 5-day or 10-day update will be great.

You're welcome Ed!

In effect, all of the pBars get hit and some point. What is of interest to me is the 10 day period that I can track it on my TD platform.
I will update the Excel chart daily and intraday, and periodically do the 5-10 day updates.
If anyone has any input on how to better the Excel representation, post here or just drop me a private message as I may miss something during the day.

MrM, it looks very good. Much appreciated.

Red down. Green up. When one hits within 10 days, I guess the red or green just stops at that point, or is the hit indicated in some other way?

Thanks again, MrM.

[soku]

what to do for the balance of the day? what's the direction for next move?
me so confused. me so bored

[fehro]

$WTIC end of day chart.. nearing support levels.. 46.75 in the wee morning hours.. near the lower trend.. viewtopic.php?f=2&t=1532&p=179963&hilit=oil#p179963

[Eddie]

SPY/SSO - At some point a bear flag becomes a rising channel. Ideally, I would like to see some retracement on the hourly chart to put in a higher low.

[JFR]

A little bit schizo at the FOMC ...

[grandeG]

NUGT looks ready for lift off???

https://www.tradingview.com/x/zLdLk04X/

LONG NUGT ...
Edit:
Chart...
Exit point fluid...

NUGT.png

Thank you NUGT...

NUGT.png

A gain of ~ 10%....

[MrMiyagi]

Red down. Green up. When one hits within 10 days, I guess the red or green just stops at that point, or is the hit indicated in some other way?.

I figured I'd just let it stop at the 10 day mark, simpler presentation.

[MrMiyagi]

spy

[Out of Bounds]

282.png

Crazy!

[MrMiyagi]

!!! POWER HOUR !!!

[Cobra]

at least now we can eliminate 100% mm. if cannot breakdown, then bears are over for today as not much time left after bull trying on the upside, so key time.

[MrMiyagi]

I would not be surprised with a big red candle on SPX tomorrow.

[Al_Dente]

OIL
The first shale-oil bankruptcy filing on Sunday was a private NOT public company, WBH Energy, Texas.
“While no energy company has defaulted on its bonds or other debt, CreditSights Inc. has identified about 25 at risk, because of small asset bases, high debt and low cash flow “
[To bypass the WSJ subscription block, click the top story here, entitled “Deep Debt Keeps Oil Firms Pumping”]
https://www.google.com/search?hl=en&gl= ... gws_rd=ssl

What nobody is talking about is the possibility that there may be some “smart cookies” in the oil patch who HEDGE their risk via futures. This happened last year with oil at $100 when the media buzzed about an airline that was unscathed by higher gasoline prices [sorry I forget which airline]. The CEO shrugged his shoulders and said something like “Well, that is what our Risk Department is supposed to do.” Like it was no big deal; but it absolutely FLOORED the media and his peer CEOs who hadn’t thought of hedging !!!

[fehro]

NUGT looks ready for lift off???

LONG NUGT ...
Edit:
Chart...
Exit point fluid...

The attachment NUGT.png is no longer available

Thank you NUGT...

The attachment NUGT.png is no longer available

A gain of ~ 10%....

could pop through this resistance. in a big way.. ..GDX daily.. weekly .. into 20w SMA / resistance on the daily.. 200d first?.. or 50d retest?

[johnnywa]

I would not be surprised with a big red candle on SPX tomorrow.

Why is that MrM