fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Tue Oct 20, 2015 10:11 am
VIX sharp u turn.. VIX green + 2% SPX green
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Unique
Posts: 3911 Joined: Tue Sep 06, 2011 3:19 pm
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by Unique » Tue Oct 20, 2015 10:13 am
DUST: Yesterday, it reached the gap fill target of 14.54. Now we have a larger pattern in play.
Cup and Handle setup formation. 100% measure move targets 17.68.
Bulls must hold 12.68 the 61.8% fib retracement at all costs.
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Trades with cats
Posts: 8656 Joined: Sat Oct 11, 2014 4:40 pm
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by Trades with cats » Tue Oct 20, 2015 10:16 am
Price action looked strong when this thrust up kicked off, but it looks pretty soft the last 15 minutes, only one clean up bar in the last five. TF just printed it's first clean down bar of this run.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Tue Oct 20, 2015 10:18 am
NDX red, TLT holds 50d. $CPC spikes to 1.37
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Unique
Posts: 3911 Joined: Tue Sep 06, 2011 3:19 pm
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by Unique » Tue Oct 20, 2015 10:23 am
Unique wrote: Bot some TSLA calls. Think it's going for the leg 2 deadcat bounce again. 232, 235, 237.8 targets. Stop at LOD
Currently, sticksaved at the 1HR 20EMA
TSLA stopped out. Bear breakdown targets 222.87, 221.44 gap fill.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Tue Oct 20, 2015 10:23 am
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uempel
Posts: 8685 Joined: Tue Feb 15, 2011 6:38 am
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by uempel » Tue Oct 20, 2015 10:23 am
Check the red channel. SPX is squeezing itself upwards, might run into the black grid line at 2042 before taking a deep breath.
BigChief
Posts: 168 Joined: Mon Oct 10, 2011 10:07 am
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by BigChief » Tue Oct 20, 2015 10:27 am
Junior Buffett wrote: Is anyone due to open their mouth today? thx
It has been awhile...but Im looking to short here, waiting for bar confirmation at resistance...
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Tue Oct 20, 2015 10:32 am
SPX top gap 2036.75.. HOD 2036.31 .. unfilled still .. very topside wicky on the 5m
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BigChief
Posts: 168 Joined: Mon Oct 10, 2011 10:07 am
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by BigChief » Tue Oct 20, 2015 10:34 am
Looks like it could be more of a consolidation for more of a bull run up instead, so Im waiting for the moving average to be tested here then a move higher.
Cobra
Site Admin
Posts: 61833 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Tue Oct 20, 2015 10:37 am
maybe a pullback to near day low here?
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fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Tue Oct 20, 2015 10:40 am
VIX 2m.. a little violent..
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BigChief
Posts: 168 Joined: Mon Oct 10, 2011 10:07 am
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by BigChief » Tue Oct 20, 2015 10:43 am
testing the 100 DMA on the daily now, maybe a cobra 3 push up to resistance here, see how the bulls capitulate here?