11/05/2015 Live Update

[Out of Bounds]

Bears are weak all done now

Breadths are still firmly negative

[MrMiyagi]

What about now? Still up?

1 minuted turned at the 20ema. Give it a few to be sure.

[fehro]

Neckline retest holds.. so far.

[Out of Bounds]

Thanks.

[DellGriffith]

still bear flag for now.

[Unique]

ES: So far so good bears, 5m 20ema/ 15m 8ema rejection. Need to break below the bear flag to solidify momentum once again.
20mins left for the hourly, just an inside bar retrace so far.

[DellGriffith]

no challenge yet by bears at all.

[DellGriffith]

volume surge, biggest bull bar, might be exhaustion and 5 waves up on bear flag. possible short entry here.

[johnnywa]

no challenge yet by bears at all.

Now there just cubbies

[ALdaytrade]

volume surge, biggest bull bar, might be exhaustion and 5 waves up on bear flag. possible short entry here.

Del, I read your comments with interest, but then I look at your photo and think, "that can't be true!"

[Out of Bounds]

volume surge, biggest bull bar, might be exhaustion and 5 waves up on bear flag. possible short entry here.

Del, I read your comments with interest, but then I look at your photo and think, "that can't be true!"

It's true. I have to make myself take you seriously, Dell.

[fehro]

SPX.. alright make me look at the hourly neckline .. bottom right.

[MrMiyagi]

Thanks.

It could run to $210.40 in theory before turning. Just a theory.

[Unique]

ES 5m 20ema = 2090.8

ES: So far the bulls managed to sticksave on the first try of the daily 8EMA 2083 support.
Bears cannot let the bulls decisively retrace more than 2094.5 here which is the 50% fib. They need to keep the micro bear train momentum alive

ES: Key time bears, we're at the 50% fib retracement now

[Out of Bounds]

Thanks.

It could run to $210.40 in theory before turning. Just a theory.

I'm going to take a short right here at 210.11

[Unique]

This is your risk 2.50-3.00 for 7-10 short

[josephli]

quite a number of V reversal today.

[josephli]

LOD might in.

[DellGriffith]

bulls struggle to break clear of exhaustion bar area. could be a reversal try coming by bears.

[Unique]

ES Chart Update: This is the script for both sides. Can bears step up their game today?