01/08/2016 Live Update

[Unique]

ES: 15m 8EMA accelerated bear. Still shaking between 1935 vs 1944 for the time being though.

[Daniel]

Internals had a bullish edge at the open, then gave it away
Now chop/range anything can happen:
Advancing stocks are 0.8 x declining stocks
Advancing volume is 0.7 x declining volume
Declining stocks are 1.2 x advancing stocks
Declining volume is 1.2 x advancing volume

“Until there is a breakout, there is no breakout.” [Al Brooks]

NYSE declining volume has worsened to about 1.5 x advancing. Naz has been stronger all day, and is still showing a positive advancing volume ratio.

“First there is a mountain, then there is no mountain. Then there is...” [Donovan]

[Daniel]

SPY gap fill!

QQQ, not yet.

IWM, much earlier this AM.. and still hovering near LOD

[fehro]

SPX gap fill.. RUT new LOD again..NDX holds green.. VIX no new HOD, as SPX new LOD

[BullBear52x]

A trade lower than open from here signals the first counter trend buy is failing.

hi boss happy new year

right back at you boss.

[Al_Dente]

“Until there is a breakout, there is no breakout.” [Al Brooks]

NYSE declining volume has worsened to about 1.5 x advancing. Naz has been stronger all day, and is still showing a positive advancing volume ratio.

“First there is a mountain, then there is no mountain. Then there is...” [Donovan]

“Everything is broken; oh mercy” [Dylan]

https://www.youtube.com/watch?v=gKZ797AIuwA

[BullBear52x]

Counter trend (CT) failed one yesterday and today first failed.

[DellGriffith]

Today's been different for me. We got a sell signal early and its stayed on that all day. No buy signals at all.

[BullBear52x]

$VIX atterntion! a spike in vix this time will shake the intraday once again. $TICK is still negative.

[Al_Dente]

However I always await The King Snake’s targets

[BullBear52x]

However I always await The King Snake’s targets

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love to counter trend do you?

[Cobra]

testing day low, biggest red, vol surge, so maybe a rebound here then we'll see. overall, range day, no clear direction for now.

[Unique]

ES: Triple bottoms rarely hold, should flush to 1915 soon.

[BullBear52x]

Daily counter trend, need MACD histogram to turn thing around.

[fehro]

SPX near support here.. Daily better at 1910 range

[fehro]

SPX D

[fehro]

SPX red / VIX red.. atm

[Al_Dente]

However I always await The King Snake’s targets

love to counter trend do you?

whaaa? no
trend down (all timeframes) until i get a memo to the contrary

[finman66]

First SPY p-bar tagged.

Nearby QQQ p-bars at $103..56 and $102.19 from Dec 15 and Oct 2 respectively

[BullBear52x]

If we don't turn around soon market will crash, I want to trade up just like everyone here but it is what it is....last chart I am yepping too much already. Peace!