01/08/2016 Live Update

[BullBear52x]

Trend follower, you know the drill, until it fails, keep at it until it fails.........

It looks like stockcharts vs thinkorswim's TSI number has a large difference while using same 25-13-7 settings but the resistance line is good

yes, simple linear and exponential made the different in their calculations to stock chart, I imply candles into final decision of ins/outs, it's not as keep it simple stupid as it should, but the simplest form I can think of yet.

wait for the cross is the go, a little lagging but simple form of communicaiton

[Unique]

Trend follower, you know the drill, until it fails, keep at it until it fails.........

It looks like stockcharts vs thinkorswim's TSI number has a large difference while using same 25-13-7 settings but the resistance line is good

yes, simple linear and exponential made the different in their calculations to stock chart, I imply candles into final decision of ins/outs, it's not as keep it simple stupid as it should, but the simplest form I can think of yet.

wait for the cross is the go, a little lagging but simple form of communicaiton

Thanks, I wasn't awared that stockcharts uses simple for the calculation. I just changed it to simple in ToS to see and it "crossed" down already for SPX and ES 1m

[BullBear52x]

come to papa bears last stand still way up there.

[josephli]

i guess the bottom is in.

[BullBear52x]

I want to see new low from here or bottom is in.

[Unique]

I want to see new low from here or bottom is in.

Should retest ES 1935 at very least or else this bear is deemed pretty weak and bulls have opportunity to do a deadcat bounce into the close

[fehro]

SPX support held. 1965? * would need a good hourly candle

[MrMiyagi]

qqq

[Unique]

ES: There's a possibility that this bounces to the close if keeps holding onto support based on the bull flag.
I shorted at around 1941 for the 1HR 8EMA rejection setup but bulls have been able to hold the 5m 20EMA for 20mins already.
Key time.....one side needs to step up their game

[Jennyahwu]

2173.png

Brother, recently, P bar never works , I am so sad

[Unique]

ES: 15m chart, bears need a hard rejection here or else deadcat bounce has 3 tier targets 1945 1948 1952

[Trades with cats]

I want to see new low from here or bottom is in.

Should retest ES 1935 at very least or else this bear is deemed pretty weak and bulls have opportunity to do a deadcat bounce into the close

Good call!

[MrMiyagi]

Brother, recently, P bar never works , I am so sad

To be 75% predicative, it has to be 25% wrong.

I can see from past instances that large targets after hard moves either way don't transpire. I keep posting them for tracking purposes.

[BullBear52x]

What did Cobra said? as long as there's a buyer market never bottom.

[fehro]

SPX .. super messy invs H&S in there.. just on today's action. not clean at all.. but a lower high.. could be in the process of a more meaningful bounce .. oh last hourly inverted hammer..

[MrMiyagi]

SPX not gonna hold today, nope...

[BullBear52x]

just bored, diamond ?

[fehro]

SPX.. possible diamond pattern SPY 5m

[BullBear52x]

another just bored, gann enthusiasts

[Unique]

just bored, diamond ?

My gut feeling is ES closes around 1915 then temp bottoms out early next week at 1892-1900 level for the 40-50 points deadcat bounce into 1950 that would get reshorted again