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10/06/2017 Live Update

Re: 10/06/2017 Live Update

Postby Al_Dente » Fri Oct 06, 2017 11:11 am

te_fern wrote:Pasta Boss, I like your box goal. The 5 DMA is also in that area shown as 130 MA on this 15 min chart...

there's yr box boss 8-)
it needs lower low, oy
(buy stops will be at top line of the box, sell stops will be located at the bottom line) too obvious?

106box.png.png
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Re: 10/06/2017 Live Update

Postby Al_Dente » Fri Oct 06, 2017 11:17 am

Al_Dente wrote:NUGT is going nuts up, 5min triple top test, breakout immanent

trip top failed for now, will try again maybe
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Re: 10/06/2017 Live Update

Postby Mr. BachNut » Fri Oct 06, 2017 11:19 am

Friday Mr. B post

Can't say what the NYMO cycle is. The oscillator has been flat for over a month.
Haven't seen anything like it. Flat NYMO, booming price.
Surprisingly, we have a dump today driving NYMO below the zero line.
At this point, it must be viewed as corrective, but time will tell if it is something more.

Price has cracked above the upper keltner and has reclaimed the broken magenta internal trend line.
It is bullish or a blow-off.
Some open gap targets below and as of this morning one above.

I am flat. Got taken out of long last week and was left behind.
Just watching equities for now.
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Re: 10/06/2017 Live Update

Postby te_fern » Fri Oct 06, 2017 11:43 am

Good call Boss, hope you picked up some....
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Re: 10/06/2017 Live Update

Postby fehro » Fri Oct 06, 2017 11:49 am

fehro wrote:SPX Wed HOD support range 2540.. near yGAP 2537-40 .. "may" see gap fill… bonds/gold/indexes red…. DXY USDollar up sharply - cash is king :roll: :lol:


sloppy H&S SPX 5m .. potential for another 10 points lower at neckline here.. look for gap fill 2537-40
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Re: 10/06/2017 Live Update

Postby Al_Dente » Fri Oct 06, 2017 11:56 am

ta.png.png
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Re: 10/06/2017 Live Update

Postby te_fern » Fri Oct 06, 2017 11:58 am

The first support pivot has held twice...
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Re: 10/06/2017 Live Update

Postby te_fern » Fri Oct 06, 2017 11:58 am

Al_Dente wrote:
ta.png.png


That's what I look for too! LOL!!
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Re: 10/06/2017 Live Update

Postby Al_Dente » Fri Oct 06, 2017 12:02 pm

te_fern wrote:
Al_Dente wrote:
ta.png.png

That's what I look for too! LOL!!

:lol: :lol: :lol:
OFF TOPIC:
NOW dammmmmmmm
NY declining stocks = 2.6 x advancing stocks
NY declining volume = 2.2 x advancing volume

EARLIER
NY declining stocks = 2.3 x advancing stocks
NY declining volume = 1.7 x advancing volume
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Re: 10/06/2017 Live Update

Postby fehro » Fri Oct 06, 2017 12:06 pm

mind VIX daily break out.. from chart on Tuesday.. over 10.25ish.. could see VIX explode up HUGE!!

from Tues:
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Re: 10/06/2017 Live Update

Postby te_fern » Fri Oct 06, 2017 12:08 pm

Pasta Boss, we made it to the 5 DMA, if we break thru, your box is next!!
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Re: 10/06/2017 Live Update

Postby Cobra » Fri Oct 06, 2017 12:09 pm


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Re: 10/06/2017 Live Update

Postby Al_Dente » Fri Oct 06, 2017 12:10 pm

te_fern wrote:Good call Boss, hope you picked up some....

What‘s interesting is that GDX,NUGT often act like inverse-spy or inverse-iwm
(market down, sell that crap and buy gold, etc)
Problem is that it doesn’t always work that way...…. nothing works all the time... bye bye boss, have a nice weekend :D
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Re: 10/06/2017 Live Update

Postby te_fern » Fri Oct 06, 2017 12:12 pm

Al_Dente wrote:
te_fern wrote:Good call Boss, hope you picked up some....

What‘s interesting is that GDX,NUGT often act like inverse-spy or inverse-iwm
(market down, sell that crap and buy gold, etc)
Problem is that it doesn’t always work that way...…. nothing works all the time... bye bye boss, have a nice weekend :D

You too! I'm on vacation next week, going to see the leaves change....
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Re: 10/06/2017 Live Update

Postby te_fern » Fri Oct 06, 2017 12:13 pm

NUGT is testing the top of the box for support..
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Re: 10/06/2017 Live Update

Postby fehro » Fri Oct 06, 2017 12:18 pm

te_fern wrote:NUGT is testing the top of the box for support..


mind the head fake in gold.. /GC 30m broke flag.. and retesting breakdown level.. and 20w SMA 1277ish.. key for the close
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Re: 10/06/2017 Live Update

Postby Cobra » Fri Oct 06, 2017 12:18 pm

bias is down.
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Re: 10/06/2017 Live Update

Postby fehro » Fri Oct 06, 2017 12:23 pm

fehro wrote:mind VIX daily break out.. from chart on Tuesday.. over 10.25ish.. could see VIX explode up HUGE!!

from Tues:


10.30ish VIX KEY level == pink , yellow daily downtrend
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Re: 10/06/2017 Live Update

Postby Al_Dente » Fri Oct 06, 2017 12:24 pm

SMALL
That angle of decline is wide (not “steep”) befitting a recalcitrant bear
It will dead-cat-bounce
NY declining stocks = 2.5 x advancing stocks
NY declining volume = 2.2 x advancing volume

106tna five2.png.png
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Re: 10/06/2017 Live Update

Postby Wallstreetrader » Fri Oct 06, 2017 12:43 pm

Boots buying :mrgreen: simple
Bull Market No dought !
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