10/22/2015 Live Update

[Unique]

Swing account position update: Added another 10% shorts in Dec ITM strikes.

At 70% total swing short now from Monday's total 45%. Willing to go to 90% max as previously mentioned.

Planning to add more today if we hit that ES 2050-2054 daily 200SMA target

FYI, hard stop is ES 2069 daily. Risking about 25-40 points for 50-100 points depending if we get Leg 2 down

Swing account position update: Loaded up 10% OTM Nov Monthly Puts

At total 80% swing short now.

[MrMiyagi]

pullback is a little larger than a trend day should have, I don't like it.

This will bounce right here, almost guaranteed as I closed my longs

[Cobra]

the pullback may have small legs so maybe the high was in today. unbelievable.

[Out of Bounds]

Breadths for Dow, Rut, COMP all at new LOD

[josephli]

Russell new LOD

[Junior Buffett]

Swing account position update: Added another 10% shorts in Dec ITM strikes.

At 70% total swing short now from Monday's total 45%. Willing to go to 90% max as previously mentioned.

Planning to add more today if we hit that ES 2050-2054 daily 200SMA target

FYI, hard stop is ES 2069 daily. Risking about 25-40 points for 50-100 points depending if we get Leg 2 down

Swing account position update: Loaded up 10% OTM Nov Monthly Puts

At total 80% swing short now.

Unique, you don't expect ES 2054 to be reached? thx

[Unique]

Major price channel resistance + hourly bear targets: 2035, 2027

See charts

Approaching the first bear target ES 2035. Next is 2027. Key time

[marcueus]

YOU HAD ONE JOB MR MIYAGI

I have 3 jobs;

1) pBars
2) Power Hour
3) Random "We're Never Ever" posts

miyagi is multitasking

Btw guys if we get to 1935 than we have false breakout and bulls are going to pay the price for that as it would be third test and third failure

[Cobra]

vol surge, could be a rebound here first which likely would be sold.

[Unique]

Major price channel resistance + hourly bear targets: 2035, 2027

See charts

Approaching the first bear target ES 2035. Next is 2027. Key time

Just FYI....since this has been a huge hourly bull train.

The first try at 1HR 8EMA/20EMA (2035, 2027) usually results in a quick BTFD day trade.....if bulls don't get that. Then, it confirms our bearish stance even more....

[fehro]

I am waiting for Louis and Billy (Dan Aykroid and Eddie Murphy) to start yelling Sell!

my all time favourite!

[MrMiyagi]

SPY 1 minute turning up, 5 minute not bottomed yet. Maybe this will turn here.

[Unique]

Swing account position update: Added another 10% shorts in Dec ITM strikes.

At 70% total swing short now from Monday's total 45%. Willing to go to 90% max as previously mentioned.

Planning to add more today if we hit that ES 2050-2054 daily 200SMA target

FYI, hard stop is ES 2069 daily. Risking about 25-40 points for 50-100 points depending if we get Leg 2 down

Swing account position update: Loaded up 10% OTM Nov Monthly Puts

At total 80% swing short now.

Unique, you don't expect ES 2054 to be reached? thx

No as I posted earlier my EXTREME HOURLY OVERBOUGHT SIGNAL PEAKED VS SEPT 17 FED HIGH. Bears have to DOWN DOWN DOWN or it's OVER for them here!

[fehro]

SPX possible H&S 5m … here minor bounce RS .. break orange.. target 2034

[Unique]

Major price channel resistance + hourly bear targets: 2035, 2027

See charts

Approaching the first bear target ES 2035. Next is 2027. Key time

Just FYI....since this has been a huge hourly bull train.

The first try at 1HR 8EMA/20EMA (2035, 2027) usually results in a quick BTFD day trade.....if bulls don't get that. Then, it confirms our bearish stance even more....

First target 2035 fulfilled. KEY TIME BEARS....

[MrMiyagi]

There, bounce time, mama Janet woke up.

[Unique]

Major price channel resistance + hourly bear targets: 2035, 2027

See charts

Approaching the first bear target ES 2035. Next is 2027. Key time

Just FYI....since this has been a huge hourly bull train.

The first try at 1HR 8EMA/20EMA (2035, 2027) usually results in a quick BTFD day trade.....if bulls don't get that. Then, it confirms our bearish stance even more....

First target 2035 fulfilled. KEY TIME BEARS....

ES so far sticksaving at 1HR 8EMA first try as expected. Bears need to ensure this is just a bounce and not rally back to 2048.75

[MrMiyagi]

SPY 1 & 5 minute turning up together, generally bad news bears.

[Out of Bounds]

SPY 1 & 5 minute turning up together, generally bad news bears.

I don't understand what you mean by this.

[MrMiyagi]

I don't understand what you mean by this.

The intraday MACD.

macdaddy