10/07/2015 Live Update

[fehro]

SPX minor possible H&S .. if we make a lower high..

[Unique]

ES: Intraday bears...this is your last chance. Reject 1984-1986 or it's full retrace up!

Currently, hourly bulls are back above 8EMA and 20EMA

[BullBear52x]

ES: Intraday bears...this is your last chance. Reject 1984-1986 or it's full retrace up!

Currently, hourly bulls are back above 8EMA and 20EMA

[MrMiyagi]

WE'RE NEVER GOING DOWN AGAIN!!!
NEVER!!!!
EVER!!!!!!

[BullBear52x]

/ES bulls are having an upper hand, see VIX.

[fehro]

RUT/TRAN shows strength.. NDX flat.. AAPL lags.. red…

[BullBear52x]

back to SPX, bulls got nothing to worry until 1990.5 stop the bull run.

[jpk29]

Thanks fehro, it's beaten up so badly that's why I wonder on its FA. let me know if you think it will survive a year or two it might worth a try to bottom fish here.

Yeah you could argue an nice basing pattern.. a move above the $3.50/4 range with a spike in vol could see the next yellow trend above $5 ish.. could be fast and furious up to $15.. on a weekly time frame.. fwiw. Also short ratio at 9.5 .. so 9 days to cover based on daily avg vol.. (15million short) that could ignite a sharp rally. A lot of IF's fwiw.

Keep in mind the more oil that is produced outside of the Middle east (Shale, etc) the more downward pressure it puts on charter rates. Complicated corporate structure, which is common with these shipping companies. sorry i don't have much i haven't looked at the fundamentals of this company in a long time. if i see anything i will send it your way

[Al_Dente]

target met

[Cobra]

vol surge, maybe another pullback which might be bought.

[marcueus]

Hmm.. It looks like, now we head towards LOD

[BullBear52x]

Thanks fehro, it's beaten up so badly that's why I wonder on its FA. let me know if you think it will survive a year or two it might worth a try to bottom fish here.

Yeah you could argue an nice basing pattern.. a move above the $3.50/4 range with a spike in vol could see the next yellow trend above $5 ish.. could be fast and furious up to $15.. on a weekly time frame.. fwiw. Also short ratio at 9.5 .. so 9 days to cover based on daily avg vol.. (15million short) that could ignite a sharp rally. A lot of IF's fwiw.

Keep in mind the more oil that is produced outside of the Middle east (Shale, etc) the more downward pressure it puts on charter rates. Complicated corporate structure, which is common with these shipping companies. sorry i don't have much i haven't looked at the fundamentals of this company in a long time. if i see anything i will send it your way

Thanks jpk29, I am too lazy on FA.

[uempel]

The SPX 2011 scenario makes more sense to me than 1998. The only move I miss is a real panic low. On October 4th 2011 the market tanked more than 4 percent. And let's not forget that drop on November 22nd 2011

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What does that mean, we are skipping those two dips and heading straight up from here?

Warren, I don't know if SPX is following the 2011 scenario (SPX might be following the 2011 scenario...) neither do I know if SPX is skipping those 2011 dips.
But let's see what we do know: there is a good time signal for next Monday and the Bullish Percentages are very positive.

[Unique]

ES: Intraday bears...this is your last chance. Reject 1984-1986 or it's full retrace up!

Currently, hourly bulls are back above 8EMA and 20EMA

ES: 15m shooting star. Nice bears...need follow through or else not good enough

[silicon_beaver]

Short ES here.
SPX/Y 50SMA, Year 2011 first meanful pullback started from it. Later LL 1074.

[MrMiyagi]

SPY at 20sma intraday now, probably another rocket ride up.

[BullBear52x]

fast finger longs on /ES got stop out, now SPX to follow, next call grand ma if she can find any good excuse to sell.

[BullBear52x]

Here is the stop out chart, next....sell is coming

[marcueus]

Guys am I the only one who see wedge with target to 1935?? Which is also exectly 50% retracment

[Daniel]

Brazil, Latin Am, fresh LOD.

Commodity surge cooling?