12/08/2015 Live Update

[fehro]

/CL W/D/60m

[uempel]

Checking in on MA 144:

[JFR]

$TICK ...

[josephli]

Ditto to Cobra, range market so far. Technically bull entry should have a better chance at much lower position. currently still bearish leaning.

[Unique]

TF close to its second target 1145 already. Still a long way from 1130 final one

[fehro]

SPX bear flag 5m.. add to shorts.. looking for yellow line tag, if not purple bottom left 60m

[Unique]

15m 20ema rejection, this bear train looking strong, 7mins from hourly close

"7mins from hourly close" this means you count full hours starting at 9am EST and not market open at 9:30

I realize it works for you just trying to figure out your concept

--

Correct 9AM-10AM is an hourly bar for me not 9:30-10:30

[DellGriffith]

The correlation between China and US markets is not dead.

FXI gapped down today, as did SPY. FXI probably will challenge its August low now. SPY will as well. For SPY, this correlates with wave C down of the correction.

[Unique]

Longs stopped. Market going to 2047 support, stood in front of a bear train

[DellGriffith]

I'm guessing SPY will show relative strength to China though.

[brokebybernacke2]

mmm, put protection premiums way high...

[Out of Bounds]

Added more longs (GE)

[Out of Bounds]

^^
?

[fehro]

INDEX days.. DJ-20 Transports ugly! SPX <200d still by 4 points.. COMPQ testing 20d from underneath, NDX held 20d at LOD.

[Unique]

ES: Hourly chart update, targets 1HR 20EMA 2068~

[Cobra]

possible double bottom. maybe the low was in for today.

[Unique]

If hourly extreme oversold signal confirms in 14minutes, then upper target is 2080.

[Unique]

If hourly extreme oversold signal confirms in 14minutes, then upper target is 2080.

Bulls cannot lose the battle here...since the trend has been a 1HR 8EMA accelerated bear train...

[fehro]

SPX.. possible expanding wedge.. 5m..

[uempel]

Bullish Percentages extremely weak, BPNYA down 3.45 percent.

http://stockcharts.com/freecharts/candl ... BPENER|B|0