11/13/2015 Live Update

[Unique]

ES: Hourly closed as a 1HR 8EMA rejection, we're heading to 2027 daily 100SMA station very shortly

[fehro]

SPX, SPY nearing 20w SMA 203.36, 2032.91

[Unique]

The next major support is ES 2020 after 2027 is fulfilled

[Al_Dente]

China is clamping down on the stock market.
"China moved to contain leveraged wagers on its stock market, cutting by half the amount of borrowed money investors can use to buy shares, as authorities seek to prevent a repeat of the excesses that led to a $5 trillion rout earlier this year," Bloomberg News reported [today].
"Margin requirements will be raised to 100% from 50% starting on Nov. 23, the Shanghai and Shenzhen bourses said in separate statements after local exchanges closed on Friday. The rule change means that an investor with 1 million yuan ($156,895) in their account is limited to borrowing another 1 million yuan from a broker to buy more shares. Previously, they could borrow as much as 2 million yuan."

[josephli]

SPX .. sm long here - need AAPL help, now <50d…

Boss, maybe it is a bit early?

[Unique]

ES: 2027 daily 100SMA target fulfilled from last night's report

IF NO BOUNCE HERE. Then, it means this bear is STRONG and bulls failed to sticksave intraday.

Still riding my remaining 25% swing shorts.....1HR 8EMA bear train until proven otherwise

[fehro]

SPX into 20w. 100d open gap 2020.. H&S target

[josephli]

technically not as strong as previous crash as yet

[daytradingES]

------------
from barcharts
LONDON (AP) — The eurozone economy lost momentum in the third quarter, official figures showed Friday — a development that puts further pressure on the European Central Bank to stimulate growth more.

Despite a series of tail winds, the 19-country eurozone only grew 0.3 percent in the July-September period from the previous quarter, according to Eurostat, the EU's statistics agency.

That was below market expectations for a second straight 0.4 percent quarterly rise. On an annual basis, the eurozone economy, which comprises some 330 million people from the Atlantic to the eastern Mediterranean, was 1.6 percent bigger, just ahead of the 1.5 percent rate recorded in the second quarter.

The eurozone started recovering from its longest-ever recession just over two years ago but growth has never managed to break out of a narrow range, despite favorable conditions such as cheaper oil, a lower euro and weak inflation. The slowdown in emerging markets, notably China, isn't helping and is one reason why the ECB is expected to do more in December.

"The subdued pace of growth and persistent weak inflation applies further pressure on the ECB and increases the likelihood of the further measures being announced in December," said Chris Williamson, chief economist at financial information company Markit.

Confidence remains fragile in a region that has spent much of the past seven years dealing with a debt crisis that has, at times, threatened the future of the euro currency itself. Problems aren't just confined to those countries that suffered most from the financial crisis. Finland was the worst-performing eurozone country in the third quarter, contracting 0.6 percent.
http://www.barchart.com/headlines/story ... s-momentum

[josephli]

I actually feel bad for both sides. Bull will try to sqeeze pass the small door as liquidity drops, but bear may set itself up a strong short squeeze if continue like this.

[Unique]

VXX: I have 21.80-22.00 target

VXX: About to fulfill 21.80-22.00 target, going to take some off...just money in the bank is safer smiley

[Unique]

ES: If 2018-2020 breaks, I have no major support until 2000-2007

[Heck]

All Three ISE Indices on Powerful BUY
One as many as 8 calls for every put
https://www.ise.com/market-data/isee-index/

[josephli]

All Three ISE Indices on Powerful BUY
One as many as 8 calls for every put
https://www.ise.com/market-data/isee-index/

Boss, would you please elaborate how to read them? Looks like some contrarian indicators to me, but the call may be early?

[Cobra]

rebound might be sold. this bear shall have legs.

[Al_Dente]

SPY and the hot QQQs
You can see who is filling gaps and who is not

[Unique]

ES 5m 8ema scalp short re-entry bear train coming right up....2028.5

[Unique]

Nope not even, looks like accelerated 1m 20ema bear train it is.

[josephli]

Well, the mega techs all show signs of major topping. They start to tank, but not yet deadly tank.

[Trades with cats]

What happened to the algos ? Is this because Dennis Gartman is out of the market?