12/31/2012 Live Update

[fehro]

a different look at XIV.. I think the Gap will be filled at 18.50ish.. after that not so sure.

[BullBear52x]

Bull_Bear52's XIV chart

You sure can create a good looking chart, keep in mind that you are charting emotion here. there is no earning on Volatility

[Petsamo]

Assuming we don't withdraw significantly, anyone gonna place bets on a gap up ?
I sold my XME too early, but I replaced it with the more depressed AGNC & ARR.

I can't believe we're rallying on a no deal yet, as if a deal is imminent.

[jademann]

I would like to plot the chart also but even if I could figure it out, I dont have intraday charting on stockcharts

I think the BB's CCI < 50 sell all rallies still applies though.

[MrMiyagi]

Assuming we don't withdraw significantly, anyone gonna place bets on a gap up ?
I sold my XME too early, but I replaced it with the more depressed AGNC & ARR.

TRIN and NYADV a little hot, may start next session with a bit of a sell and then continue up?

tr.png (10.58 KiB) Viewed 38963 times

:

ny.png (13.25 KiB) Viewed 38976 times

[tkvprasad]

Paging BB52X

if SPY closes above 141.16 (5 DMA)and histo makes a higher tick on daily chart, can we go long on SPY/SSO ? somehow i have a feeling this seems like a bulltrap (something similar to post May 6th crash we had) and there is more downside left. Suggestion?

[Cobra]

possible next target.

[ClarkW]

BB and all. What are your thoughts on the $USD? hour, daily or weekly timeframe.

Looks a little bearish to me

[BullBear52x]

paging TG,
$WTIC hit the curve now.

[wayne0708]

Thanks everyone for good looking charts. I am done for today

[Petsamo]

Assuming we don't withdraw significantly, anyone gonna place bets on a gap up ?
I sold my XME too early, but I replaced it with the more depressed AGNC & ARR.

TRIN and NYADV a little hot, may start next session with a bit of a sell and then continue up?

tr.png

:

ny.png

I hope the pullback occurs before the day ends. I might play XOP for the gap up tomorrow.

[Cobra]

next resistance.

[TraderGirl]

paging TG,
$WTIC hit the curve now.

UCO...It's make or break time...

[HenryR]

Cobra, bullish engulfing on SPY?

[Harapa]

VIXies Update:
Bulls have the ball
Happy New Year to ALL

[TraderGirl]

Updated VIX chart...below 300dma....and we are higher...

[StudentBill]

Wow, 4% delta on VXX and XIV now. I'm not sure how to play this.

[BullBear52x]

Paging BB52X

if SPY closes above 141.16 (5 DMA)and histo makes a higher tick on daily chart, can we go long on SPY/SSO ? somehow i have a feeling this seems like a bulltrap (something similar to post May 6th crash we had) and there is more downside left. Suggestion?

Here is a game plan on SSO or SPY same level price.

zoomed out

[Mr. BachNut]

Still Long.

My trend signal remains up but vulnerable.
My summation index signal remains down.

Confession:
While waiting for a holiday rally last week, my long got trapped by the cliff mess in D.C.
Late Friday, I stopped it out per discipline.
Then after the close, the SPY just crashed.
I bought back my position on impulse at a nice discount to where I sold.
No real technical analysis or set up. It just looked like panic and capitulation.
Also, after so many down days, some kind of up should be near (or a true crash).
I then spent the weekend beating myself up and worrying.
Today, I went skiing and stayed away from TVs and the computer.
A stop is in place, and watching the sausage get made in Washington would only cause stress.
So, I am staying away and letting the thing play out one way or another. Crap shoot.
Regardless of whether it makes money or not, it is chaotic and not the way I wanted to end my trading year...

[ClarkW]

Anyone else feeling this late day hope on a deal is setting up for a gapper down Wednesday?