12/14/2016 Live Update

[fehro]

SPX .. fills Tuesday's gap.. and bounces.. mind the next lower gap..

[BullBear52x]

/NG buy setup looking really good.

here is UNG need to see new HOD, gap up setting is looking good with histogram like this.

[Al_Dente]

NY declining stocks = 2.5 x advancing stocks
NY declining volume = 2.5 x advancing volume

[te_fern]

Mr. Al_Dente, on the 1 minute day trading chart how do you use the 153 and 400 EMA lines? Thx!

[fehro]

DXY dollar pops..

nHOD, nHOW.. 102.50 next major resistance.. oil/gold slammed

/CL W/D/60m

[gappy]

Capture.PNG

Take a bite out of crime, end the Fed.

[BullBear52x]

Chart for the road: Money flow will be good outlook in days to come, now that the short term chart indicates a reversal in an early bird stage. Peace!

[Al_Dente]

Mr. Al_Dente, on the 1 minute day trading chart how do you use the 153 and 400 EMA lines? Thx!

153/400 on 1min corresponds ROUGHLY with the 34/89 on the 5min which is my overnight/swing guide (along with a couple other indicators)
So, 5 min cross above 34/89 = bull trend
and cross below 34/89 is bear trend
5min here: bear IWM since 12/12
I don’t know how long it will last….. a cross above 34/89 will reverse it…

“””Mr. Al_Dente, on the 1 minute day trading chart how do you use the 153 and 400 EMA lines? Thx!”””
So the 1min, when red 400ema is on top and green 153 is on bottom (like now) it just tells me bear trend, very short term

[Cobra]

100% mm, no time to draw exact number.

[Cobra]

exact 100% mm number.

[fehro]

SPX .. fills Tuesday's gap.. and bounces.. mind the next lower gap..

SPX into next gap

[te_fern]

Mr. Al_Dente, on the 1 minute day trading chart how do you use the 153 and 400 EMA lines? Thx!

153/400 on 1min corresponds ROUGHLY with the 34/89 on the 5min which is my overnight/swing guide (along with a couple other indicators)
So, 5 min cross above 34/89 = bull trend
and cross below 34/89 is bear trend
5min here: bear IWM since 12/12
I don’t know how long it will last….. a cross above 34/89 will reverse it…

1214five.png.png

“””Mr. Al_Dente, on the 1 minute day trading chart how do you use the 153 and 400 EMA lines? Thx!”””
So the 1min, when red 400ema is on top and green 153 is on bottom (like now) it just tells me bear trend, very short term

Thanks Boss, very helpful going forward!! So, if things line up, do you buy TZA when R2000 is in bear trend? Therefore, playing both sides of the trade?

[gappy]

Spy daily.

Capture.PNG

[fehro]

DXY new highs…again… key level 102.50ish Monthly

[Al_Dente]

Thanks Boss, very helpful going forward!! So, if things line up, do you buy TZA when R2000 is in bear trend? Therefore, playing both sides of the trade?

YES [EDIT: correction: i mostly try to trade WITH TREND because i'm not as fast as bb52x]
In addition, I fixate on the AD and AD volume
Today turned into a “bear trend day” after the FOMC
Currently the AD is 4x bear over bull (it can change quickly)
1min

[Al_Dente]

i forgot HAPPY HOUR

[te_fern]

Thanks Boss, very helpful going forward!! So, if things line up, do you buy TZA when R2000 is in bear trend? Therefore, playing both sides of the trade?

YES
In addition, I fixate on the AD and AD volume
Today turned into a “bear trend day” after the FOMC
Currently the AD is 4x bear over bull (it can change quickly)
1min

1214ad.png.png

Thanks Boss!

[Al_Dente]

Thanks Boss, very helpful going forward!! So, if things line up, do you buy TZA when R2000 is in bear trend? Therefore, playing both sides of the trade?

YES
In addition, I fixate on the AD and AD volume
Today turned into a “bear trend day” after the FOMC
Currently the AD is 4x bear over bull (it can change quickly)
1min

1214ad.png.png

Thanks Boss!

i edited that one:
YES [EDIT: correction: i mostly try to trade WITH TREND because i'm not as fast as bb52x]

[Al_Dente]

UPDATE
15 min gold, bonds, dollar, yen, GDX
Faulk
Well, there is still a bottom being tested from 14 Nov at GDX 20.13 which won’t fit on this chart
Faulk

[fehro]

DXY new highs…again… key level 102.50ish Monthly

102.31 almost there