10/22/2015 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

========================================================================================================================================================================

It's the 2nd test of the previous high so key time, no sharp pullback here.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/10 ... ay-update/

[marcueus]

Sorry for spam but thanks Miyagii for your info about your calls it helped save my earinings

[DellGriffith]

Bah i would have liked to get more short on that pop but its dropping back down before the market opens.

[fehro]

SPX 20w 2035, mind the morning gap. Yesterday's lows go looking for 2000 range, then 1990.

[fehro]

SPX.. yesterday's H&S stick save.. mind morning gap..

[Unique]

ES: Short 2027. Risk 3 for 10

Either this is the bear trap from yesterday or we get a lower high/double top formation here for the breakdown.

[Out of Bounds]

Short the open but I am really gun shy after the twists and turns of the last two days.

[Unique]

ES: Short 2027. Risk 3 for 10

Either this is the bear trap from yesterday or we get a lower high/double top formation here for the breakdown.

Move stop to breakeven, re-adjust stop when this 15minute candle closes

[fehro]

VIX reverses sharply!

[uempel]

Sig Draghi is interfering with my analysis - I was not expecting a strong rally.

[fehro]

INDEX .. RUT <50d weakish

[Unique]

ES: Short 2027. Risk 3 for 10

Either this is the bear trap from yesterday or we get a lower high/double top formation here for the breakdown.

Move stop to breakeven, re-adjust stop when this 15minute candle closes

ES: Got hit at BE. This hourly candle closing will be key to see if further squeeze to 2034.25 or not

[fehro]

DXY $USD pop into 200d and possible resistance., over 50d..

[DellGriffith]

Went more short!

[QED]

... but I am really gun shy after the twists and turns of the last two days.

Yesterday, I netted ~$12 after commissions! I would have made more working at McDonald’s … you want fries with that?

However, I did make TOS some good money!

[fehro]

SPX into 20w .. dabble sm short here.. RUT still struggles with 50d

[Out of Bounds]

... but I am really gun shy after the twists and turns of the last two days.

Yesterday, I netted ~$12 after commissions! I would have made more working at McDonald’s … you want fries with that?

However, I did make TOS some good money!

[marcueus]

hmm - nearly perfect top for today

[Unique]

If ES goes over 2034.5, then the intermediate target of 2054 becomes immediately active once again
Lots of trapped longs here, will be a quick squeeze if so