10/23/2013 Live Update

[essessme]

Heads up Al_Dente don't know if you saw this from last night....about 3/4 down the page
viewtopic.php?f=2&t=1097&start=100

[L_T]

Note on volatility...

Al is your 30 minute Renko still bull? I have a brain-dead simple 13/34 EMA momo SPY chart that hasn't flipped bear yet.
Bleck. Action like today's keeps me from taking any position. Need more breakout! (5 min SPY)

Renko not bear yet (swing)
YOUR “13/34 EMA momo SPY chart that hasn't flipped bear yet”
what timeframe is that? Can u post chart?
thx boss

The attachment 1023renko2.png is no longer available

Sure thing. Like I said it's simple. Long when purple is above green and out or short when purple is below green. Another sideways or down day will probably flip it over to bear mode.

I know the 13/34 EMA's are fairly popular so if anyone else out there uses something similar to this I would love to know of any tweaks you have made---successful or not!

EDIT: Ignore the text and green line. That's from another chart.

[uempel]

As long as the MA 33 on the 60min holds it's boring... Bye guys, I'm off

[Al_Dente]

Heads up Al_Dente don't know if you saw this from last night....about 3/4 down the page
viewtopic.php?f=2&t=1097&start=100

thanks boss
good luck

[wayne0708]

'til price gets above 174.88ish pic still looks bearish for today.

[Al_Dente]

... Long when purple is above green and out or short when purple is below green. Another sideways or down day will probably flip it over to bear mode.

sweeeeet
i like that
thanks boss

[wayne0708]

Bears, push it down hard will ya

[TWT]

$SPX: It is only wednesday, so far weekly Spinning Top

[wayne0708]

Bulls been trying to close above 174.66ish for 4 times today, but failed which is bearish I think.

[wayne0708]

Bulls been trying to close above 174.66ish for 4 times today, but failed which is bearish I think.

See chart

[Al_Dente]

nyadv 1300
nydec 1600 bear bias on a “chop day”
down-to-up-volume ratio is 2 to 1 (bear)

if bears decide to wake up and smell the roses, their first order of business would be to test that old high at 173 ish

[L_T]

Dear SPY,

Would you please make a higher high or a lower low well before the day ends? You are most boring today and can always be thought of as boring when stuck in a range like you are now.

Sincerely,

An attentive follower

[Cobra]

we're here. didn't have time to update the solid green arrow. looks like now bias is up. bears maybe over.

[Cobra]

here's why I think bias is up now because it could be an ascending triangle in the forming.

[wayne0708]

'til 174.66 is broken up, bears are in ok shape.

[Al_Dente]

Dear SPY,
Would you please make a higher high or a lower low well before the day ends? You are most boring today and can always be thought of as boring when stuck in a range like you are now.
Sincerely,
An attentive follower

boss: spy is a dick
u don't have to be so nice to her

[L_T]

Dear SPY,
Would you please make a higher high or a lower low well before the day ends? You are most boring today and can always be thought of as boring when stuck in a range like you are now.
Sincerely,
An attentive follower

boss: spy is a dick
u don't have to be so nice to her

So I should have stuck with my original signature of "An exploitative follower"?

[wayne0708]

here's why I think bias is up now because it could be an ascending triangle in the forming.

Today trend is down should the odds be 60/40 on the down side?

[MrMiyagi]

VIX at the day's low.
TRIN at the day's high.


Go figure....

[Al_Dente]

Here’s one to watch: middle panel
Bond folks are starting to favor "investment grade" corporates (considered “safer”) over shite junk
That will be “risk-off” if it continues
Daily chart