10/07/2015 Live Update

[BullBear52x]

Today is fun charting day, not money making day tho.

crystal ball

[uempel]

The SPX 2011 scenario makes more sense to me than 1998. The only move I miss is a real panic low. On October 4th 2011 the market tanked more than 4 percent. And let's not forget that drop on November 22nd 2011

[BullBear52x]

Now they pull a triangle on us? Biazzz

[Cobra]

vol surge, hopefully it means pullback. bears are in danger, possible higher low.

[BullBear52x]

The SPX 2011 scenario makes more sense to me than 1998. The only move I miss is a real panic low. On October 4th 2011 the market tanked more than 4 percent. And let's not forget that drop on November 22nd 2011

t.png

agreed, 2011 is in play on my analog also.

[BullBear52x]

SLV is cleared on bottom construction.

GLD is not

DBA is somewhat, overall bottom could be seen

[Al_Dente]

Bears can’t get anywhere with higher lows
So let’s try an ascending triangle (Bulkowski: breaks upward 70% of the time)
Where busting the top red line will trigger the buy stops

[BullBear52x]

fast fingers, sorry bears, it is what it is.

[fehro]

Anyone know anything on FRO fundamentally, cheap stock but looking good on my chart, came up this week on my radar.

fwiw… maybe too much info.. but Institution are showing an increase in interest … EPS is increasing slowly.. not sure why the EPS 2Q, 3Q back is not showing up.. need to check with Tc2000/worden M/W/D, lower panel… 56 stocks in the sector .. not sure how it stands overall compared to the others.. would need to expand the list up..

[Al_Dente]

Advancing stocks are 2.8 x declining stocks
Advancing volume is 2.8 x declining volume

Advancing stocks are 2.5 x declining stocks
Advancing volume is 2.5 x declining volume
bulls fight back

[Junior Buffett]

The SPX 2011 scenario makes more sense to me than 1998. The only move I miss is a real panic low. On October 4th 2011 the market tanked more than 4 percent. And let's not forget that drop on November 22nd 2011

t.png

What does that mean, we are skipping those two dips and heading straight up from here?

[BullBear52x]

Anyone know anything on FRO fundamentally, cheap stock but looking good on my chart, came up this week on my radar.

fwiw… maybe too much info.. but Institution are showing an increase in interest … EPS is increasing slowly.. not sure why the EPS 2Q, 3Q back is not showing up.. need to check with Tc2000/worden M/W/D, lower panel… 56 stocks in the sector .. not sure how it stands overall compared to the others.. would need to expand the list up..

Thanks fehro, it's beaten up so badly that's why I wonder on its FA. let me know if you think it will survive a year or two it might worth a try to bottom fish here.

[MrMiyagi]

dart

1745.png (163.9 KiB) Viewed 2616 times

[BullBear52x]

1745.png

bears are now walking on two feet https://www.youtube.com/watch?v=9GBpeFJtka8

[fehro]

Thanks fehro, it's beaten up so badly that's why I wonder on its FA. let me know if you think it will survive a year or two it might worth a try to bottom fish here.

Yeah you could argue an nice basing pattern.. a move above the $3.50/4 range with a spike in vol could see the next yellow trend above $5 ish.. could be fast and furious up to $15.. on a weekly time frame.. fwiw. Also short ratio at 9.5 .. so 9 days to cover based on daily avg vol.. (15million short) that could ignite a sharp rally. A lot of IF's fwiw.

[MrMiyagi]

s

[Al_Dente]

Advancing stocks are 3.4 x declining stocks
Advancing volume is 3.8 x declining volume

yellow target is 199.46
stop is the red line
FWIW

Advancing stocks are 2.8 x declining stocks
Advancing volume is 2.8 x declining volume

Advancing stocks are 2.5 x declining stocks
Advancing volume is 2.5 x declining volume
bulls fight back

[BullBear52x]

While the fast finger bulls are doing good job on challenging the Papa bear, fact is Come2papa sell is still far from over.

[Unique]

fast fingers, sorry bears, it is what it is.

1min chart easier to look for scalp? Surprised you use SPX instead of ES

[BullBear52x]

fast fingers, sorry bears, it is what it is.

1min chart easier to look for scalp? Surprised you use SPX instead of ES

for educational on this forum only