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02/02/2016 Live Update

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DellGriffith
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Re: 02/02/2016 Live Update

Post by DellGriffith »

Most corrections are ABC. Most likely we are in wave B up. I wouldn't say wave C down has started yet (if it comes). Today could be a fakeout and we gap up higher tomorrow. It happens.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
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Al_Dente
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Re: 02/02/2016 Live Update

Post by Al_Dente »

5min
third-push down, downtrend channel
22five.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 02/02/2016 Live Update

Post by BullBear52x »

Chart for the road: Oversold or simply a real bear selling. as always, sell enough market crashed, buy enough market recovered, for now what is known?.... not enough BUY to outlast the bears. Peace!
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MrMiyagi
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Post by MrMiyagi »

SPX & SPY both at their 10sma.
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josephli
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Re: 02/02/2016 Live Update

Post by josephli »

some might see it as a descending wedge. close to the tip. see whether the bear could hold the chennel.

Image
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fehro
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Re: 02/02/2016 Live Update

Post by fehro »

SPY 15m.. possible bullish falling wedge, Fri gap hold or fill? and RS.. could see sharp pop up..
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fehro
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Re: 02/02/2016 Live Update

Post by fehro »

INDEX days..
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fehro
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Re: 02/02/2016 Live Update

Post by fehro »

Chinese markets closed all next week for Chinese new year... so expecting American/Europe indexes take them "offside" depending how the rest of this week goes..
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brokebybernacke2
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Re: 02/02/2016 Live Update

Post by brokebybernacke2 »

DellGriffith wrote:Most corrections are ABC. Most likely we are in wave B up. I wouldn't say wave C down has started yet (if it comes). Today could be a fakeout and we gap up higher tomorrow. It happens.
like it to pop for tomorrow, but bounces have just sucked, not so sure she continues, that uempel violent move comment has me concerned on thursday/friday..
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Cobra
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Re: 02/02/2016 Live Update

Post by Cobra »

mini rebound target. exceeds it then bears be careful.
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Pagat
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Re: 02/02/2016 Live Update

Post by Pagat »

Law of gravity will be overnight.
Internals batter and better
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Pagat
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Re: 02/02/2016 Live Update

Post by Pagat »

markets waiting for a push
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MrMiyagi
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Post by MrMiyagi »

!!! POWER HOUR !!!
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Cobra
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Re:

Post by Cobra »

MrMiyagi wrote:!!! POWER HOUR !!!
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Wallstreetrader
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Re: 02/02/2016 Live Update

Post by Wallstreetrader »

Not good breakdown, but expect some rebound so....
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Al_Dente
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Re: 02/02/2016 Live Update

Post by Al_Dente »

https://www.youtube.com/watch?v=MXJq71M3XAE
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Cobra
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Re: 02/02/2016 Live Update

Post by Cobra »

just met mini target then sharp down, so bears are ok.
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Cobra
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Re: 02/02/2016 Live Update

Post by Cobra »

overshot, vol surge, so might be a rebound here first. we'll need check the mini target again.
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fehro
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Re: 02/02/2016 Live Update

Post by fehro »

SPX .. dabble long here small pos
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Cobra
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Re: 02/02/2016 Live Update

Post by Cobra »

members only update at 3:21 pm
http://www.cobrasmarketview.com/2016/02 ... ay-update/

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