01/26/2016 Live Update

[uempel]

Miyagi, that's my support too ...

$189.95 hit, $190.52 next target.

2235.png

[Wallstreetrader]

[Al_Dente]

Hmmmm, we’ve been chatting about exactly this on Cobra’s midnight board recently:
“A struggling manufacturing economy is being accompanied by a services sector where growth showed further signs of losing momentum in January even before the bad weather hit… suggests that firms are bracing themselves for worse to come.”
[Source: Markit via zh]
http://www.zerohedge.com/news/2016-01-2 ... -13-months

[Unique]

Boss, while I see the similarities, market most often won't simply repeat itself. there will be some variation, so market most likely won't follow the same pattern BOTH price-wise AND time-wise.

There are professional traders that trade solely based on their fractal system.

[Unique]

The longer this holds above ES 1884, the faster and bigger the afternoon rally potential based on this build up.
Price stalling here just means the hourly moving averages consolidate and inch higher to support this bull train and use them as tracks
The day session only chart shows a gap and go formation here with the swing target being the daily 20EMA currently at 1927 from last night's KISS report.

--
To add: if falls below 1884 and has a continuation below 1880 then I would think this bull needs more time to retest support and it's probably a shakefest again.

The MOST ideal bull case is to hold 1884 at all times today. In other words, the ideal bull case is how a textbook go and go days come about. Gap up, go higher, stall for 3-4 hours, up more in the afternoon. Bull train that leaves no passengers behind

Support moved up to ES 1890

[BullBear52x]

simplify pick your poison time frame.
short term bull flag, bullish consolidation.

Mid term bear flag, bearish consolidation.

[DellGriffith]

Now my scenario is I stopped out when I should have trusted all my buy signals for a couple days, rode it out, and taken ginormous profits.

[Unique]

The longer this holds above ES 1884, the faster and bigger the afternoon rally potential based on this build up.
Price stalling here just means the hourly moving averages consolidate and inch higher to support this bull train and use them as tracks
The day session only chart shows a gap and go formation here with the swing target being the daily 20EMA currently at 1927 from last night's KISS report.

--
To add: if falls below 1884 and has a continuation below 1880 then I would think this bull needs more time to retest support and it's probably a shakefest again.

The MOST ideal bull case is to hold 1884 at all times today. In other words, the ideal bull case is how a textbook go and go days come about. Gap up, go higher, stall for 3-4 hours, up more in the afternoon. Bull train that leaves no passengers behind

Support moved up to ES 1890

ES: Measure moves update 1917 and 1927. Aligns with the daily 20EMA swing prediction

[Out of Bounds]

Short 190.21

[BullBear52x]

short term setup is now bullish bias, what's for bears? stops are in.....emotions are out!

What's for bulls? lets pray.

[kongen]

short term setup is now bullish bias, what's for bears? stops are in.....emotions are out!

What's for bulls? lets pray.

Pray to Odin - he's better at this than the other gods.

[BullBear52x]

If market turns down from here, tomorrow my prediction will be 3 pages day on this forum.

[finman66]

SPY P-bars at $190.52 met ........... still waiting for QQQ p-bars at $103.77 to be tagged.

[icman]

Shakefest until AAPL, then shakefest until FOMC wording

[Out of Bounds]

\/ \/

[BullBear52x]

normally wave 4 is when I go fishing or borrow my neighbor's cat for a walk.

SPY lines

[josephli]

stopped out.

[BullBear52x]

I'll buy next dip intraday.

[Unique]

Bears really need to break below minimum 1890 for the potential double top setup then can backtest lower supports. Currently, 1HRR 20EMA = 1881

Or else, bulls keep grinding higher like clockwork till EOD.

[BullBear52x]

Since my mid term is on sell, I want my next intraday buy to fail, crazy eh?