11/02/2016 Live Update

[Out of Bounds]

that was fast. I am done for the day......

I think I will hold my long overnight.
7 down days in a row might inspire a bull tomorrow

[Cobra]

some chances we'll repeat yesterday's rebound because the 1st leg up was stronger or at least equal to yesterday's

[Al_Dente]

HAPPY HOUR

[BullBear52x]

Clockworks, moment of truth.

[BullBear52x]

that was fast. I am done for the day......

I think I will hold my long overnight.
7 down days in a row might inspire a bull tomorrow

I am expecting a dead cat bounce also.

[fehro]

I missed that whole move. This is my first experience trading ES during a news event and seeing the wild swings. The good news is my setups didn't fail me. Next time, I'll have a better idea of what can happen.

Eddie that was a very subdue move…barely a move… only a whopping 7 points.. can see up to 15-25 points within 5 minutes.. in both directions up and down on 'usual' FOMC announcements .. be careful around them

[fehro]

mind the possible bounce up tomorrow index wise.. VIX inv hammer, GLD gravestone into resistance, TLT inv hammer.

[Al_Dente]

If the S&P 500 ends the day lower today, it will mark seven straight days of declines. This 'event' has only occurred three other times in the last 20 years... and each coincided with a major financial crisis...
Bloomberg reports, the index's longest-ever run of losses was eight days, matched at the height of the financial crisis in October 2008. The S&P 500 started falling on Monday September 29 and saw lower closes at the end of every trading day until October 10, in what was its worst week in history.
http://www.zerohedge.com/news/2016-11-0 ... ial-crisis

[fehro]

/ES D/60m.. stuck in between on the daily.. but kinda of holding, sorta of… 60m green channel holding..

[Cobra]

members only update at 3:53 pm
http://www.cobrasmarketview.com/2016/11 ... ay-update/

[Cobra]

well, guess that's it for today. Thursday tomorrow has been bear friendly recently. 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

[BullBear52x]

No chart for the road: Oversold market, How long can you stay sober? that will be the question. Peace!

[finman66]

An older SPY p-bar at $209.52 from July 8, 2016 was tagged earlier today.

a couple other p-bars reside below this at $206.74 and $206.67 from June 30, 2016

[DellGriffith]

I have to look again but the original target of the correction was 204 I think. No time at the moment to look.