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Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:12 pm
by jway888
any updates on pbar?
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:15 pm
by Cobra
rectangle as continuation pattern?
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:16 pm
by DellGriffith
Corrections take the form of an ABC pattern at least (sometimes ABCDE). This is day 5 and we still are in A down. At a minimum, the downtrend line must be broken, and then we need to set new lows after that, before we can look for a bottom.
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:16 pm
by BullBear52x
Al_Dente wrote:uempel wrote:The pre-noon time signal stopped the decline - but so far it has not turned the market ...
Uempel: happy holidays, have a great time, be safe, thanks for “everything,” luv u
https://www.youtube.com/watch?v=DeNhjPaP53I
my favorite santa song

Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:20 pm
by fehro
time to short biotech?… weekly $BTK
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:21 pm
by tsf
Unlike MrMiyagi and other experts here, I only have the most basic tools,
but I saw quite a few UVXY down p-bars on 1-min ???
jway888 wrote:any updates on pbar?
Posted: Fri Dec 12, 2014 1:26 pm
by MrMiyagi

- qqq
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:27 pm
by BullBear52x
Thing is changing, another 61.8 watch.
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:29 pm
by Al_Dente
BullBear52x wrote: my favorite santa song

https://www.youtube.com/watch?v=7hXoNIXZmDg
OT: Juiced shorts, performance, 15 days
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:29 pm
by uempel
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:31 pm
by Cobra
rectangle as reversal pattern, tinted area the text book target. I'm not sure.
Posted: Fri Dec 12, 2014 1:32 pm
by MrMiyagi
"WE'RE NEVER EVER GOING UP AGAIN!!!"
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:44 pm
by Al_Dente
NY declining volume = 2.6x advancing volume
NY declining stocks = 2.9x advancing stocks
5 min
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:44 pm
by uempel
Thanks Al_Dente, beautiful song by Eartha Kitt. I too wish you happy holidays

Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:46 pm
by BullBear52x
BUlls are trying
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:52 pm
by uempel
uempel wrote:Monday?
The attachment poi.png is no longer available
Just an explanation to this chart: it shows 2 cycles which are identical - but slightly shifted. As you can see - in the last few months they worked perfectly

But let's point out that end of October the system accelerated to the upside with the cycle day. So this downside continuation could also happen on Monday - but I'm not expecting it. I'm bullishly biased - or as Cobra would say bullishly brainwashed
Posted: Fri Dec 12, 2014 1:53 pm
by MrMiyagi

- spyV
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 1:55 pm
by fehro
SPX possible bullish falling wedge… don't love the shape/angle
Re: Kid's Play
Posted: Fri Dec 12, 2014 1:57 pm
by FlowerGirl
FlowerGirl wrote:FlowerGirl wrote: Long SVXY ~ 59...
IN...
It is a counter trend trade...Don't Jinx it...
If SPY is to post < -0.25% change, I will carry the trade into Monday, else it will be liquidated...
S/L set to breakeven...
Re: 12/12/2014 Live Update
Posted: Fri Dec 12, 2014 2:02 pm
by Al_Dente
There is a trifle bit of RSI divergence which will eventually kick in, but the inverted-volatility on the hourly still looks dreadful
[some color ma “stolen” from bb52x]