09/09/2015 Live Update

[BullBear52x]

Gold closing below 1070 would give 1020 which being less than 1034 could pave the way for $1000 to be tested.

now going down..

/GC possible support at near 1101ish.. M/W/D daily little wedge with in possible bigger bullish falling wedge on the weekly.. I know seems overall very bearish.. but may chop around still for a bit,
mostly on the "possible" weakness I see on the USD.. "IF" the dollar breaks/weakens .. looking to go long on a couple GLD calls soon.. for a trade.

UUP/Dollar is bearish but GLD need to trade back above 107 to be attractive.

[noob]

Today will be a do or die for bulls, need a strong closed. one more short term buy coupon left but next rip Papa bull will be challenged once again.

AAPL will lead the market this PM, the feeling is down.

[Trades with cats]

Today's list of the big gainers is heavy on negative cash flow with big future borrowing needs (Netflix and shale drillers). Clearly the market sees lower interest rates and easing credit terms ahead, for now, or it is a short squeeze, since Netflix has been the biggest looser in the FANG group. (Facebook, Apple, Netflix, Google)

[BullBear52x]

TNX I am bullish bias,( my chart is) resistance at 23 but bullish nevertheless.

[BullBear52x]

Big picture on bubbles.

[fehro]

Gold closing below 1070 would give 1020 which being less than 1034 could pave the way for $1000 to be tested.

now going down..

/GC possible support at near 1101ish.. M/W/D daily little wedge with in possible bigger bullish falling wedge on the weekly.. I know seems overall very bearish.. but may chop around still for a bit,
mostly on the "possible" weakness I see on the USD.. "IF" the dollar breaks/weakens .. looking to go long on a couple GLD calls soon.. for a trade.

/GC 1103.. nearing moment of truth .. 1101-1100

[BullBear52x]

a resistance at 1992.5 is clear, consolidate under 1972.5 longer will most likely end up at 1820ish.

[uempel]

We knew that SPX resistance was up at EMA 377, MA 377 and WM 75. Big players sold at first resistance level. FYI - weekly WM 75 is now at 2018

So the MA resistance levels of SPX are (today) at 1988, 2010 and 2018.

[uempel]

Yesterday's chart ...

[BullBear52x]

Next sell wave will tell. tick tock tick....

[fehro]

SPX

[Cobra]

members only update at 12:22 pm
http://www.cobrasmarketview.com/2015/09 ... ay-update/

[ALdaytrade]

Yesterday's chart ...

YC.png

I found this pattern, extremely interesting. I drew the exact line to get at today's top.

Draw a line from today's top under the island down to the 1947 area.

Stretch out the patterns on the right of the island and on the left of the island. They are mirror images (more or less) and all that is left is the long 4 candles down to 1834, which is - 119 points.

[BullBear52x]

bears got the $tick on their side today unlike yesterday.

[fehro]

AAPL event begins shortly.. http://www.apple.com/live/2015-june-event/

[uempel]

Yesterday's chart ...

The attachment YC.png is no longer available

I found this pattern, extremely interesting. I drew the exact line to get at today's top.

Draw a line from today's top under the island down to the 1947 area.

Stretch out the patterns on the right of the island and on the left of the island. They are mirror images (more or less) and all that is left is the long 4 candles down to 1834, which is - 119 points.

I don't quite understand you. Are you talking about this wedge?

[ALdaytrade]

Yesterday's chart ...

YC.png

I found this pattern, extremely interesting. I drew the exact line to get at today's top.

Draw a line from today's top under the island down to the 1947 area.

Stretch out the patterns on the right of the island and on the left of the island. They are mirror images (more or less) and all that is left is the long 4 candles down to 1834, which is - 119 points.

I don't quite understand you. Are you talking about this wedge?

po.png

I don't blame you for not understanding! Yes, this wedge.

See your dotted green line, just move it up so that the right side gets to today's high at the same angle.

You have to stretch out the time frame, so you can see the definite Ws at each end.

[uempel]

Looking at small channels ....

[uempel]

Yesterday's chart ...

YC.png

I found this pattern, extremely interesting. I drew the exact line to get at today's top.

Draw a line from today's top under the island down to the 1947 area.

Stretch out the patterns on the right of the island and on the left of the island. They are mirror images (more or less) and all that is left is the long 4 candles down to 1834, which is - 119 points.

I don't quite understand you. Are you talking about this wedge?

po.png

I don't blame you for not understanding! Yes, this wedge.

See your dotted green line, just move it up so that the right side gets to today's high at the same angle.

You have to stretch out the time frame, so you can see the definite Ws at each end.

Yeah, but you are not respecting the low at 1911 ... Are you looking at the center line of the small green channel?

[ALdaytrade]

Looking at small channels ....

uzt.png

Yes, I fully agree with the move down, starting around tomorrow or the next day.

Expecting the -119 points that is represented by the first four candles from 1833 to 1953 before the first W.