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10/19/2017 Live Update

10/19/2017 Live Update

Postby Cobra » Thu Oct 19, 2017 9:22 am

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Finally some pullbacks. Let's see how eager dip buyers are, now or a few hourly lager or a day or two. The dip will be bought, no doubt, the question is just when.
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Re: 10/19/2017 Live Update

Postby Cobra » Thu Oct 19, 2017 9:25 am


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Re: 10/19/2017 Live Update

Postby Cobra » Thu Oct 19, 2017 10:04 am


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Re: 10/19/2017 Live Update

Postby Cobra » Thu Oct 19, 2017 10:06 am

morning down as usual, now let's see the up and up till close part. my guess is today will be different but we shall never underestimate the power of bull side.
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Re: 10/19/2017 Live Update

Postby Cobra » Thu Oct 19, 2017 10:20 am

here may come the up and up till close part. my guess is there'll be a 2nd leg down but it'd be higher low.
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Re: 10/19/2017 Live Update

Postby te_fern » Thu Oct 19, 2017 10:34 am

The TICKs are turning....
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Re: 10/19/2017 Live Update

Postby te_fern » Thu Oct 19, 2017 10:39 am

It appears Cobra's second leg down has started....
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Re: 10/19/2017 Live Update

Postby fehro » Thu Oct 19, 2017 10:50 am

Having fun this am? VIX expired yesterday, OEW, market makers crushed those monthlies… :roll: .. once again.. ;) SPX daily candle a shooting star "ish" .. gap up y , and doji and gap down today.. fwiw - http://thepatternsite.com/CandleVisual.html or tri star, or doji gapping
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Re: 10/19/2017 Live Update

Postby te_fern » Thu Oct 19, 2017 10:58 am

Levered smalls battling back. I prefer the MA lines to cross back positive before I trade, so I'll have to wait....
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Re: 10/19/2017 Live Update

Postby fehro » Thu Oct 19, 2017 10:59 am

SPY 5m.. fwiw.. too sloppy.. but something to watch
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Re: 10/19/2017 Live Update

Postby te_fern » Thu Oct 19, 2017 11:02 am

This is a 8 day, 1 minute chart. The levered biotechs have been taking it on the chin with all of the Washington talk....
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Re: 10/19/2017 Live Update

Postby Cobra » Thu Oct 19, 2017 11:10 am

so far it confirms the best bears can get is higher low. maintain the dashed blue lines guess.
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Re: 10/19/2017 Live Update

Postby te_fern » Thu Oct 19, 2017 11:21 am

The NYSE has broken back above its moving average line..
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Re: 10/19/2017 Live Update

Postby te_fern » Thu Oct 19, 2017 12:01 pm

Looks like SPX is rolling over now....
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Re: 10/19/2017 Live Update

Postby Al_Dente » Thu Oct 19, 2017 12:08 pm

Update on that “confirmed short-term downtrend channel”
3x smalls, 15 min
1) the “box” target is questionable, as the box was too sloppy
2) overshoot of the channel line (smalls LOVE to overshoot and undershoot)
3) it’s actually a bearish “island gap” on the 15m (pink area line), although it doesn’t appear on the daily where it really counts. Nonetheless it’s a nice stop
4) bears are now testing the LOD. They need a LOD, NOT a higher low

1019tna 15.png.png
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Re: 10/19/2017 Live Update

Postby Cobra » Thu Oct 19, 2017 12:12 pm


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Re: 10/19/2017 Live Update

Postby Cobra » Thu Oct 19, 2017 1:08 pm

poor bear, bulls even don't give bear higher low chances.
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Re: 10/19/2017 Live Update

Postby tsf » Thu Oct 19, 2017 1:13 pm

Cobra is very good, this 5-min chart is the best :D


Cobra wrote:poor bear, bulls even don't give bear higher low chances.
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Re: 10/19/2017 Live Update

Postby Wallstreetrader » Thu Oct 19, 2017 1:20 pm

2559 is a gift :ugeek: big squeeze :mrgreen:
Last edited by Wallstreetrader on Thu Oct 19, 2017 2:50 pm, edited 1 time in total.
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Re: 10/19/2017 Live Update

Postby Al_Dente » Thu Oct 19, 2017 1:48 pm

RUT, daily
This is a “bull flag”
Technically, at what point would it stop being a bull flag? When it moves below what?
(serious TA question)
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