10/11/2016 Live Update

[BullBear52x]

https://www.youtube.com/watch?v=-OQcglFoL_Y

I didn't even recognize him.

Dope free back then

[Al_Dente]

VIX is up 18% at the moment

Up 20%

see up/dn volume

Boss: funny because extreme-bear internals usually dissipate during the day
Not today…….not yet…..
We are extreme oversold
1min

[fehro]

VIX slices up through 200d SMA like butter..

[Al_Dente]

https://www.youtube.com/watch?v=-OQcglFoL_Y

I didn't even recognize him.

1962
https://www.youtube.com/watch?v=Mo5Hx794cmg

[Cobra]

vol surge, maybe a rebound here which might be sold again.

[MrMiyagi]

Eesh.. what a day...
Pre-cancelling Power Hour.

[Shaishen]

SPX cover some shorts from yesterday here.. 2148-45 SPX ish goes look for a very sharp drop to 2130s

impressive..

`

[Trades with cats]

Day like this aren't the big boys supposed to be buying volatility with both fists as insurance. I should say they should have bought yesterday !

[Trades with cats]

Best bounce of the day so far.

[DellGriffith]

Wave C minimum target is a double bottom which arguably happened today. But volume isn't there so probably going lower.

[Cobra]

members only update at 2:50 pm
http://www.cobrasmarketview.com/2016/10 ... ay-update/

[Al_Dente]

Downtrend is too steep on spy and iwm
Needs a relief bounce sooner rather than later
Maybe tomorrow?

[fehro]

SPX cover some shorts from yesterday here.. 2148-45 SPX ish goes look for a very sharp drop to 2130s

impressive..

`

Thanks.. but not really… doesn't always work.. but major 4week support fails. with VIX two week downtrend breaks.. "should" be a big fast move.
support holding ish here.. 2141.57 20w upside resistance.. bulls will want to close above it .. VIX 200d SMA 16.32 holds
close weak.. then daily 2112 could be next cyan lower channel

60m trying to hammer fwiw.

[Cobra]

if you wonder where to see if today is Major distribution day, the indicator is at bottom: NYDNV:NYUPV now at 11.
https://stockcharts.com/public/1684859/ ... /468394799;

[champix]

ES : this rebound needs to break EMA20 then descending channel to have a chance.
By the way, did we reach a Miyagi's pbar then rebound ?

[Al_Dente]

Here’s what I mean “decline too steep”
needs at least a little bounce to fan out the decline line
Recent comparison = sept 9- sept 12 (red boxes)
Could go lower
“recency bias”
This is big GRAIN OF SALT
60min

[Al_Dente]

here we go
shorts are starting to cover

[fehro]

minor invs H&S SPX 5m for the bounce. .hourly seems bullish for the bounce/ short covering

[fehro]

minor invs H&S SPX 5m for the bounce. .hourly seems bullish for the bounce/ short covering

prettier on SPY 5m

[Cobra]

members only update at 3:30 pm
http://www.cobrasmarketview.com/2016/10 ... ay-update/