01/12/2016 Live Update

[fehro]

/CL $29.98 LOD .. looses this level 26.50-25.50 better support Weekly long long term

[uempel]

Looks as though I got the direction wrong ...

There's a time signal on the x-axis of this SPX 60 min chart. Note that the time signal doesn't suggest a y-axis target, it's only a time signal. These red ellipses (I have erased some) have been quite good recently.

For those who don't know: ellipse time signals show a precise time when the traders/the algos try to move the market. It can be a good move to the upside or the downside. And sometimes it's a dud

S2.png

11 minutes to go and most likely (?) it's a bullish move ...

[Unique]

1900 1892 targets confirmed. I'm full size short all accounts, 1915 stop

[daytradingES]

Entering LZ

[Xian]

Hey Guys, how's it going? Have I missed anything?

hey welcome back
stick around
it's getting interesting

Thanks Boss

https://www.youtube.com/watch?v=ueIRPDAbPNY

[fehro]

SPX.. SPY on triangle edge.. hold here.. or just a tad lower still… VIX bear flag of sorts.

[BullBear52x]

I need it lower to .....say 1905

[Unique]

Reduced shorts size, it "should" have flooded to 1902 already but support keeps holding. Just being safe....

[BullBear52x]

the logic needed it lower so I can properly hedge my bearish mid term

[Al_Dente]

TLT is attempting a breakout at a double/multiple top, on a “knock three times” pattern

[daytradingES]

late start
very tired lately -sore back etc
@shm
higher confidence in HZ.
almost entered it - if ready it would have been a sell (though not "top of hill" - probably have to wait 3 to 6 TD for that).
lower confidence in LZ - so in cases like this Range rule applies.(multiple estimates but with large o/n range should be lower than default est so going with 36.25)

@shm
selling HZ would have been good trade.
Once short range rule (RR) is calculated e.g. below - this give target (the "green") but you close only with other indicators when they confirm you are at the low. With multiple contracts take 2/3 off at target.

(so initial low est is updated with RR once you know that FE=HE)

@shm 12:17 PM 1/12/2016
notice the reg channel widening
Earlier it was very tight in the first part of the downtrend
This is another indicating of getting towards the bottom
(It is widening because the retracements are stronger)

Take 2/3rds hold 1 for swing

[BullBear52x]

TLT is attempting a breakout at a double/multiple top, on a “knock three times” pattern

The attachment 112tlt.png is no longer available

This is what I got on TLT, bullish long term

[Unique]

Yeah I got stopped out BE 1909

[ALdaytrade]

I need it lower to .....say 1905

I H&S at 1914- 1915

[Cobra]

possible 3 push down (green arrow), exceed mini target (tinted area) to confirm.

[Al_Dente]

TLT is attempting a breakout at a double/multiple top, on a “knock three times” pattern

This is what I got on TLT, bullish long term

And the top green %performer INTRADAY today is:

[BullBear52x]

I need it lower to .....say 1905

I H&S at 1914- 1915

My read not low enough to my trigger point.

[MrMiyagi]

Intraday NYMO hit -82.45 area 3 times.

[Unique]

Pretty tough day if looking for large continuation setups/patterns, but the couple 15m 8EMA/20EMA scalp bear reload short entries worked out in an impressive fashion as this is still within the daily+weekly bear train context.

Looks like today is going to close as another doji candle that needs more time to resolve this shakefest. I'm going to continue being selective of major support/resistance entries while we continue this shake and just go for quick 5-12 profit point runners.

Believe it or not, that 1955 setup target still remains valid as bulls were pushed against the bull and just sticksaved at support. I guess this is the epitome of wave 4s, suck you dry from both sides

[BullBear52x]

Pretty tough day if looking for large continuation setups/patterns, but the couple 15m 8EMA/20EMA scalp bear reload short entries worked out in an impressive fashion as this is still within the daily+weekly bear train context.

Looks like today is going to close as another doji candle that needs more time to resolve this shakefest. I'm going to continue being selective of major support/resistance entries while we continue this shake and just go for quick 5-12 profit point runners.

Believe it or not, that 1955 setup target still remains valid as bulls were pushed against the bull and just sticksaved at support. I guess this is the epitome of wave 4s, suck you dry from both sides

sideways like this when they separate a woman from the girl