09/26/2016 Live Update

[BullBear52x]

Chart for the road: 2160 Failed to hold, ugly however you slice it. Peace!

[Al_Dente]

Today DIS is working on TWTR takeover
[Bloomberg “citing people familiar with the matter”
NOT confirmed]

[Cobra]

2 possible 100% mm targets?

[Al_Dente]

HAPPY HOUR

[brokebybernacke2]

HAPPY HOUR

whale x.png.png

think we got like 12 fed speeches this week, all doves, damage control or rocket fuel?

[Cobra]

members only update at 3:30 pm
http://www.cobrasmarketview.com/2016/09 ... ay-update/

[Cobra]

double bottom?

[Daniel]

IWM hovering around its lod

QQQ holding above the ca 1pm low.

Mixed story.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2016/09 ... ay-update/

[Cobra]

well, guess that's it for today. Tuesday tomorrow has been mixed. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[Al_Dente]

VIX is up 17.7%

[DellGriffith]

OK you know the drill usually the way the market corrects is in an ABC pattern. We obiously did A down and B up. B up terminated in a false buy signal on the MACD bullish cross. Now were doing C down. Look for C down to terminate in a big down day on a huge volume spike. That should be the place to throw long. Unless it turns into ABCDE which is a low probability but does happen.

[DellGriffith]

I was actually happy to see the big rally after hours because I thought that would be a great short with an eye on some wave C bottom. Of course, it gave back all the gains before the open.