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Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:07 pm
by Cobra
not good, well, i just hope the last hour won't be too bad for bulls.
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:08 pm
by Daniel
spy tag of (upslope) 5min 20ema; qqq holding well above..
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:09 pm
by Trades with cats
Presser not going well according to the ES and the TF. Looks like my middle school math homework

Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:10 pm
by Unique
What's the most evil scenario? Close below ES 1975 today?

Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:12 pm
by fehro
Careful of a capitulation, inverted hammer... high vol day.. if so.. if red.. look for Oct 2014 lows...
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:12 pm
by brokebybernacke2
Unique wrote:What's the most evil scenario? Close below ES 1975 today?

that IS evil...
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:14 pm
by brokebybernacke2
fehro wrote:Careful of a capitulation, inverted hammer... high vol day.. if so.. if red.. look for Oct 2014 lows...
rug pull?!
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:22 pm
by finman66
Ruh Roh !!
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:24 pm
by Unique
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:25 pm
by Tutti
As per SPX McClellan we were super overbought coming into today - any non-daytraders getting long earlier really came to the game v/late. If we rally back and close at the highs I think it's even worse for late-to-the-party longs.

- McClellanOSc_OverBought_17SEPT15.tiff (180.22 KiB) Viewed 10661 times
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:28 pm
by Cobra
range. cannot say this bear has legs. could be just a vacuum to test range low.
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:32 pm
by dr659
The third move is the real direction, or is it the fifth or is it the twelfth, I get confused
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:40 pm
by Daniel
SPY currently up a nickel. But doesnt that make sense? If the Fed leaves rates unchanged, then the market should also be unchanged...

Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:45 pm
by fehro
INDEX days.. not pretty..
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:45 pm
by Cobra
Daniel wrote:SPY currently up a nickel. But doesnt that make sense? If the Fed leaves rates unchanged, then the market should also be unchanged...

Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:46 pm
by q2model
Cobra wrote:Daniel wrote:SPY currently up a nickel. But doesnt that make sense? If the Fed leaves rates unchanged, then the market should also be unchanged...

There were the 25% expectation that it would raise rate.
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:50 pm
by Cobra
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:52 pm
by Cobra
well, guess that's it for today. Friday tomorrow has been mixed. 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
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:54 pm
by Daniel
UUP still holding at a loss of about 1% on the day.
FXE more a beneficiary than FXY...
Re: 09/17/2015 Live Update
Posted: Thu Sep 17, 2015 3:57 pm
by brokebybernacke2
many thanks cobra, interesting day, to see tomorrow if any bear juice left or we have a sweet fomc kiss bye...