07/14/2016 Live Update

[Al_Dente]

Thanks Al_Dente, very good stuff. But let's not forget opex tomorrow.

ok boss

[QED]

GDX 60min
BOX
You know the drill

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Is that Schrödinger's cat in that box? Will it bounce if it’s dead?

[fehro]

SPX.. .possible bull flag 5m.. as VIX weakens, takes out yesterday's LOD and new LOD

[q2model]

Thanks Al_Dente, very good stuff. But let's not forget opex tomorrow.

ok boss

What's implication for opex?

[BullBear52x]

to really make some serious cash you have to trade the whole 24 hours, if you got drunk and sleep in like I did this morning you will missed out, the buying program is set at mid night to 1 AM mountain time the last two days, by the time market open traders are in for a whipsaw.

[Al_Dente]

Is that Schrödinger's cat in that box? Will it bounce if it’s dead?

[BullBear52x]

Clockworks.

[Heck]

Turnaround Thursday?

All Three ISE Option Sentiment Indices = SELL

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

[sleeman]

what are % on gapfill upon cracking

[Daniel]

SPY, QQQ testing 15min 20ema from above, holding..

IWM slipping below.

[Al_Dente]

SENTIMENT:
NAAIM reported a big spike last night to 96.52%
That’s almost fully invested
But as you can see from the red boxes, it doesn’t mean much in terms of a signal, it just tells us that “everybody’s” almost all in
(it’s a bit more valuable in catching lows rather than highs)
WEEKLY chart because it reports weekly

[Trades with cats]

TF slipping down without strong conviction.

[Daniel]

SPY lod

[fehro]

mind the morning gap..

/ES 60m 15m.. last nights diamond upper target tagged, now another.. >2164 look for 2174,<2160 look for 2150..
Very key support 2146, under that level.. "could" see 2120 in a big hurry = "Japan" disappoints or insert some other "unfavorable news here"

/ES 2150 range.. key level it goes.. "could" see a sharp drop.

[Trades with cats]

Sharp drop or just the selling exhaustion signal for the afternoon rally?

[fehro]

Bears are drooling over the SPX daily, gravestone, inverted hammer, island top.. here…

[Daniel]

Sharp drop or just the selling exhaustion signal for the afternoon rally?

TLT still below yest low, which was at least a 5day low, perhaps that is a clue.

GLD testing the 127 level, former support now turned resistance, as well as the low of Tuesday US trading.

[fehro]

mind the morning gap..

/ES 60m 15m.. last nights diamond upper target tagged, now another.. >2164 look for 2174,<2160 look for 2150..
Very key support 2146, under that level.. "could" see 2120 in a big hurry = "Japan" disappoints or insert some other "unfavorable news here"

/ES 2150 range.. key level it goes.. "could" see a sharp drop.

delay data 10m.. but holding fwiw..

[Trades with cats]

My tick charts looks like a slow motion replay but definite possible bottom with bear momentum dying off at ES 2153, just need a couple more bull bars to move momentum from neutral to positive.

[Al_Dente]

SMALLS 5m
Possible double bottom but I’m not buying it…