12/11/2013 Live Update

[Cobra]

this bear may still have legs.

[essessme]

Hey D - Today could be just the beginning of Bankers showing their disdain for the Volker rule passage - and may get quite UGLY - need breadth to improve before bounces can be taken seriously... IMO

I Like STFB.... It has been a LONG time since that has been used..... and ONLY for day trades..... since 2011.....

Last trend day was on 19-Nov..... just remember Uempel's time signal.... as that trend day ended at 2:30pm and we bounced fairly hard!

-D

The first hour of tick has the hallmark if a trend day - along with downside breadth of 3:1 - suggests bounces should be viewed with suspicion translation today's mantra STFB

[champix]

Champix, went long fdax december at 9062... (I'll add up if it goes down to 9030ish)

lol... I am short @ 9085 / 2 lots... closing one right here... and I think I will go long if your time signal plays out...

[fehro]

RUT daily...

[koolblue]

Well, i never got my 2 closes above the red ag so i had to close my long at 1789.00 for a miniscule 2 tick loss..KUDOS Uemple and others for saving me a bunch... i did just go in again because the bands have flattened preparing to turn up? Long 2 es at 1786.25 (refer to my first chart of the day mentioning 1786..up 200 so far....

[joegamma]

RUT daily...

wow! just caught down to iwm loss level pretty quick....

[L_T]

RUT daily...

My question: will we get yet another v-shaped rally or will there be some follow-through to the down side this time? We shall see......

[Cobra]

mini rebound target. bulls need exceed it to be hopeful.

[fehro]

SPX 60m.. possible support.. would like to see the gap we are in filled first... other wise cyan trend next

[koolblue]

I should point out tho, as you can see on my above chart , none of the charts are positive yet (bands pointing up and red avg above black.) And longer term the all important 30 and 60 min are decidedly negative.But trading the ES i just go for very short term moves. I wish i knew what timeframes and move magnitudes you spy traders go for, then i could concentrate more on that.

[fehro]

INDEX daily

[BullBear52x]

Trany Key support, Lower lows will not look good for general market.

[koolblue]

Sheese! This 1788.50 is my red avg on the 3 min (equivalent to 179.40 on the spy). They have to break above it to have any chance of a decent bounce!

[Denali92]

Maybe, but personally, I just think this is the normal December pre FOMC and opex pullback.... I will post more on that tonight / tomorrow..... but we really are just seeing the usual pattern here..... 3 days down is what I guessed and today is Day 2.....

-D

Hey D - Today could be just the beginning of Bankers showing their disdain for the Volker rule passage - and may get quite UGLY - need breadth to improve before bounces can be taken seriously... IMO

I Like STFB.... It has been a LONG time since that has been used..... and ONLY for day trades..... since 2011.....

Last trend day was on 19-Nov..... just remember Uempel's time signal.... as that trend day ended at 2:30pm and we bounced fairly hard!

-D

The first hour of tick has the hallmark if a trend day - along with downside breadth of 3:1 - suggests bounces should be viewed with suspicion translation today's mantra STFB

[Heck]

Undervalued opening long EQ Option sentiment indicating a buy here

http://www.ise.com/market-data/isee-index/

[Denali92]

Cobra,

Maybe you will get your expected close below 1781 today or tomorrow.... we have all been waiting for it! and the BEARS DESERVE it as the bulls have been owning it for a long time now....

-D

[fehro]

SPX 15m.. fill gap? find support on blue?

[fehro]

SPX daily, below mid BB band / 20d SMA

[koolblue]

Again, first charts of the day " the daily projection is 1786"

[joegamma]

Update:

1.png

is this the 1pm signal Uempel?