MrMiyagi
Posts: 10342 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Fri Jan 09, 2015 3:04 pm
MM is not gonna let SPY go above $205, just to burn up those weekly options.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Fri Jan 09, 2015 3:09 pm
fehro wrote: yeah.. most of my charts.. seems to be looking for lower lows.. yet USD needs to be watched here.... couple of charts to chew on.. take H&S with a grain of salt.. looks better on monthly chart.. looks like $GOLD is trying to close above 20w MA … Bullish view to follow.. on GLD chart..
and just for interest.. when the USD had that sharp pullback in 1998.. with SPX overlay.
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Eddie
Posts: 154 Joined: Thu Oct 16, 2014 3:21 pm
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by Eddie » Fri Jan 09, 2015 3:12 pm
FB looking good.
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grandeG
Posts: 403 Joined: Fri Jun 27, 2014 2:40 pm
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by grandeG » Fri Jan 09, 2015 3:15 pm
Mid line now.... I'm going to Straddle
Out of Bounds wrote:
I'm looking at something very similar
BullBear52x
Posts: 30708 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Jan 09, 2015 3:19 pm
This is bullish chart I like, Failed sell, with a success buy the following dip. buy next dip until it fails.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 30708 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Jan 09, 2015 3:21 pm
Eddie wrote: FB looking good.
FB, Papa bear is in the house.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Fri Jan 09, 2015 3:21 pm
SPX.. sideways..
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BullBear52x
Posts: 30708 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Jan 09, 2015 3:23 pm
bear flag is breached
My comments are for entertainment/educational purpose only. NOT a trade advice.
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Fri Jan 09, 2015 3:28 pm
jungle trunks wrote: SPY 1-hour is a pretty bear pennant
I see the pennant but I don't read it as bearish.
Looks bullish to me.
...
kongen
Posts: 112 Joined: Thu Dec 08, 2011 5:57 am
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by kongen » Fri Jan 09, 2015 3:30 pm
Heck wrote:
Hence votes to override crucial.
May make market bullish.
The Keystone pipeline is a project espoused by the refiners and the right-wing government of Canada. It makes little economic sense and will be very bad for the environment. I don’t know if Congress will override the anticipated veto. If they do, the pipeline still faces a major hurdle in South Dakota, which hopefully will decline.
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Fri Jan 09, 2015 3:31 pm
Out of Bounds wrote: jungle trunks wrote: SPY 1-hour is a pretty bear pennant
I see the pennant but I don't read it as bearish.
Looks bullish to me.
well, that sure looks like a break down! You saw better than did I.
...
grandeG
Posts: 403 Joined: Fri Jun 27, 2014 2:40 pm
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by grandeG » Fri Jan 09, 2015 3:34 pm
Sold the puts now praying for late friday rally!
grandeG wrote: Mid line now.... I'm going to Straddle
Out of Bounds wrote:
I'm looking at something very similar
grandeG
Posts: 403 Joined: Fri Jun 27, 2014 2:40 pm
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by grandeG » Fri Jan 09, 2015 3:36 pm
No break yet...
https://www.tradingview.com/x/LEkafwvA/
Out of Bounds wrote: Out of Bounds wrote: jungle trunks wrote: SPY 1-hour is a pretty bear pennant
I see the pennant but I don't read it as bearish.
Looks bullish to me.
well, that sure looks like a break down! You saw better than did I.
jungle trunks
Posts: 48 Joined: Wed Oct 12, 2011 7:19 am
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by jungle trunks » Fri Jan 09, 2015 3:37 pm
Out of Bounds wrote: jungle trunks wrote: SPY 1-hour is a pretty bear pennant
I see the pennant but I don't read it as bearish.
Looks bullish to me.
It wouldn't be the first time I was wrong, last 6 bars reading as a flagpole with triangle pennant
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
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by Out of Bounds » Fri Jan 09, 2015 3:38 pm
grandeG wrote: No break yet...
https://www.tradingview.com/x/LEkafwvA/
Out of Bounds wrote: Out of Bounds wrote: jungle trunks wrote: SPY 1-hour is a pretty bear pennant
I see the pennant but I don't read it as bearish.
Looks bullish to me.
well, that sure looks like a break down! You saw better than did I.
I have drawn my chart incorrectly...
...
Cobra
Site Admin
Posts: 61830 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Fri Jan 09, 2015 3:42 pm
rectangle, wait for break, either up or down.
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grandeG
Posts: 403 Joined: Fri Jun 27, 2014 2:40 pm
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by grandeG » Fri Jan 09, 2015 3:44 pm
Need lift off from here or doesn't look good...
Out of Bounds wrote: grandeG wrote: No break yet...
https://www.tradingview.com/x/LEkafwvA/
Out of Bounds wrote: Out of Bounds wrote: jungle trunks wrote: SPY 1-hour is a pretty bear pennant
I see the pennant but I don't read it as bearish.
Looks bullish to me.
well, that sure looks like a break down! You saw better than did I.
I have drawn my chart incorrectly...