01/21/2016 Live Update

[TraderGirl]

QQQ's from yesterday....

[TraderGirl]

Next week is bear astro wise....don't know if we get another leg down???

[josephli]

SPX struggles at resistance… hourly.. inverted hammer… way too early.. VIX still holds up.. seems a pullback is coming question is how far down, or sideways downdraft chop

in the past bull will try another push up from here. let's see whether they can make it.

down before up would be better for the bulls.. imho .. invs H&S vs a bearish rising wedge.. overall.. talking 2days (RS)(invs H&S) -4 days (bear wedge) time frame.. fwiw.

hmm, depends on the time frame? push past the resistance to confirm bottom reversal, but risk bigger retreat as bull exhaust, while a retreat without breaking resistance then short term still neutral while bull may continue to push after small retreat. pretty much the two sides of coin.

[Wallstreetrader]

Bulls moment of truth !!!
If fail expect news LL

Short point of reopen !!!

[fehro]

SPX…. VIX cracks uptrend from Dec 28ish

[fehro]

/CL pops.. possible invs H&S 60m

[Cobra]

members only update at 12:12 pm
http://www.cobrasmarketview.com/2016/01 ... ay-update/

[Heck]

All three ISE Indices BULLISH

https://www.ise.com/market-data/isee-index/

[Wallstreetrader]

Anyone trading gold ?

[TraderGirl]

Next week is bear astro wise....don't know if we get another leg down???

If the bottom is in gains would have to hold tomorrow..... then perhaps next week is a retest of lows...

[Heck]

Anyone trading gold ?

Rich Cash ‏@richcash8 now

ABX Target +76% from 7.39 to 13 w 1% dividend

[fehro]

Anyone trading gold ?

yes… need these to play along nicely together DXY D /GC M/W/D - DXY inverted hammer/gravestone looking today.. paint may finally be dry.. "bigger move soon" cue broken record

[fehro]

Next week is bear astro wise....don't know if we get another leg down???

If the bottom is in gains would have to hold tomorrow..... then perhaps next week is a retest of lows...

full moon saturday...

[uempel]

I've been looking at this chart for a week now.

I'm convinced that these kind of cycles are programed into algos. The turns we see here are much too smooth to be coincidence. I believe they are artificially generated. For the small trader the trick is to A) find the system behind the algo and B) to sit tight and trade along the robots. Much better than condemning Wallstreet. Without predictability trading would be much more difficult.

[brokebybernacke2]

I've been looking at this chart for a week now.

I'm convinced that these kind of cycles are programed into algos. The turns we see here are much too smooth to be coincidence. I believe they are artificially generated. For the small trader the trick is to A) find the system behind the algo and B) to sit tight and trade along the robots. Much better than condemning Wallstreet. Without predictability trading would be much more difficult.

The attachment A.png is no longer available

Thank you,
copied your chart, so no oval intersecting boundaries until next red circle? marked...

[TraderGirl]

I've been looking at this chart for a week now.

I'm convinced that these kind of cycles are programed into algos. The turns we see here are much too smooth to be coincidence. I believe they are artificially generated. For the small trader the trick is to A) find the system behind the algo and B) to sit tight and trade along the robots. Much better than condemning Wallstreet. Without predictability trading would be much more difficult.

The attachment A.png is no longer available

There's a lot of cycles at play all at the same time....I see a cycle hit next week sometime...could be higher low....??

But Dow still has not made a lower low....I'm sure the algo's will want to test that....

[josephli]

I've been looking at this chart for a week now.

I'm convinced that these kind of cycles are programed into algos. The turns we see here are much too smooth to be coincidence. I believe they are artificially generated. For the small trader the trick is to A) find the system behind the algo and B) to sit tight and trade along the robots. Much better than condemning Wallstreet. Without predictability trading would be much more difficult.

A.png

maybe it is not algo, may be it is not all artificial, maybe uempel discovered the biggest secret of human history?

[uempel]

Tough resistance up at SPX 1885ish ...

[uempel]

No, it's full of them.

The crossover you marked shows resistance and a time signal. But the only sure thing is the time signal on the y-axis. The resistance level only comes into play if SPX feels like moving higher.

I've been looking at this chart for a week now.

I'm convinced that these kind of cycles are programed into algos. The turns we see here are much too smooth to be coincidence. I believe they are artificially generated. For the small trader the trick is to A) find the system behind the algo and B) to sit tight and trade along the robots. Much better than condemning Wallstreet. Without predictability trading would be much more difficult.

A.png

Thank you,
copied your chart, so no oval intersecting boundaries until next red circle? marked...

[fehro]

as we near the end of week.. it's that time for the "paint" battle.. bulls want a hammer by tomorrows close.. bears doji/or bigger body down candle. SPY W