10/08/2015 Live Update

[Unique]

AMZN+GOOGL: Testing yesterday's LOD. Might get a leg 2 down really fast...too bad ES is still range bound

AMZN+GOOGL: Leg 2 down!

They pulled the rug for AMZN+GOOGL. Pretty impressive range day -> trend day bear train confirmed

AMZN: Next major support is 522-520, 517, and 508.

GOOGL: Next major support is 655, 652 and 644.

[Trades with cats]

I guess the HFT guys have to make some coin before Hillary Taxes them out of business . Nice stop run both ways. The DMI indicator I follow looks like it is headed for a nervous breakdown. The ADX on the small caps is saying dead market.

[Cobra]

false breakout as usual, but ascending triangle shape still not bad, unless more drop from here, wait.

[uempel]

17 years ago

[marcueus]

Dear Uempel to your knowledge 1998 you showed happened in 2002 - now was diffrent set repeat - do some math man and you will get illuminated

But I agree market is very strong and there is great probability of gettining to All time high in december this year

[tsf]

Maybe useful?
Source: Gunner24 via Eternity101 ‏@Eternity100000

[brokebybernacke2]

17 years ago

The attachment 1998.png is no longer available

uempel, nice chart, another comparison, 2008? ...

[Junior Buffett]

17 years ago

1998.png

you scaring the shit out of everyone here man....damn if this happens..lot of people will take a hit..

[fehro]

well depending on the FOMC.. or I should say.. "could" be the catalyst to cause a huge move in the US dollar and /GC -gold. /GC testing 8 month downtrend - pops looking for a possible $30 move into 200d/20w/9m MA's 1170-1176/8, with the US dollar breaking the wedge.. but could also go the other way.. either way.. "could" be some big sharp moves coming fwiw. I lean up.. after a head fake down.

[MrMiyagi]

Not gonna stay red today, determined market.

[Heck]

ISE Indices/ETF Index again BULLISH

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

[brokebybernacke2]

17 years ago

1998.png

you scaring the shit out of everyone here man....damn if this happens..lot of people will take a hit..

junior, do not mean to scare, but legit comparison imho..

[fehro]

SPY 5m.. Firework levels.. for FOMC if we get a show..

[fehro]

SPX

[Cobra]

4th attempt to breakout, hopefully this time is for real

[fehro]

VIX sharp drop to 18.. and recovers.. .. umm make that 16.34!!!!!!

[MrMiyagi]

No rate hike it seems

[Junior Buffett]

looks like new high is in progress....like we didn't know why they hold on to interest rate hike..jokers...

[Al_Dente]

This market is “Waiting For Godot” to say no rate hike October, maybe December
Then aftermarket AA kicks off earnings season
It’s in a “V” formation:
Seriously we are an inch away from the 9/17 high. If we could just bust above yesterday’s high (double top), a move to the 9/17 high would be next (and another double top).
Be prepared for success or failure, either way is fine, just test it already, sheeeesh
http://thepatternsite.com/vtopbot.html

[MrMiyagi]

WE'RE NEVER EVER GOING DOWN!!!!
DOVISH FED FOREVER!!!!!