10/16/2017 Live Update

[Al_Dente]

SMALLS
2 HOUR
Today’s spike printed a lower high
We now have two touches of the top red line, and two touches of the bottom red line, aka: a confirmed short-term downtrend channel
That will be void if/when it busts above the top red channel line

[Trades with cats]

RTY (R2K futures) at Thursday's low, challenging the bottom of that box.

[Al_Dente]

20 days, performance %
JUICED ETFs
Even the all-star semiconductors (gray) are faltering, but not by much
Oil (pink) up

[te_fern]

Trades with Cats, I drew my box a little smaller, but as you said, the smalls are challenging the lows of the Oct 12. Can it get back into my box???

[fehro]

Big swing in the levered biotechs...

http://www.zerohedge.com/news/2017-10-16/healthcare-stocks-slide-after-trump-says-drug-prices-out-control

As Bloomberg adds, Trump told reporters at start of cabinet meeting that “prescription drug prices are out of control” and that "the drug companies frankly are getting away with murder.”

[Al_Dente]

Rob Hanna
posted today 10/16

[te_fern]

Being held back by the VWAP line.

[Trades with cats]

ES Trapped inside volume profile

I am trying to learn auction theory without buying a lot of fancy software so sometimes the free indicators are not 'as cool'.

[Cobra]

the low probably was in.

[Denali92]

Just an amazing market - another surprising opex week streak continues:

http://www.cobrasmarketview.com/2017/10162017-intra-day-update/


Not that much for the bears for this opex week,

D

[fehro]

Put/Call extreme

[Al_Dente]

HAPPY HOUR

[Cobra]

consolidation, bias is up.

[Trades with cats]

Just waiting for the Ramp Express.

[Cobra]

members only update at 3:52 pm
http://www.cobrasmarketview.com/2017/10 ... ay-update/

[Cobra]

well, guess that's it for today. Tuesday tomorrow has been bull 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