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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 8-)
https://www.youtube.com/watch?v=DeNhjPaP53I
my favorite santa song :lol:

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
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 :lol:
https://www.youtube.com/watch?v=7hXoNIXZmDg
OT: Juiced shorts, performance, 15 days :shock:
1212juice short.png

Re: 12/12/2014 Live Update

Posted: Fri Dec 12, 2014 1:29 pm
by uempel
Monday?
poi.png

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
1212five.png

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 :D

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 :D 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 :D
ewr.png

Posted: Fri Dec 12, 2014 1:53 pm
by MrMiyagi
spyV
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] :D
1212vix.png