12/08/2015 Live Update

[uempel]

I posted this very long term chart one month ago - and so far it's suggesting a move down. Should the ellipses be correct (and the time signal not be a dud) there is much more downside to come. Difficult to assess. But as long as market breadth is so weak the bullish outcome is more difficult to imagine than the bearish scenario - right?

[uempel]

OoB, I'm glad it was only a selling spree...

[Al_Dente]

I posted this very long term chart one month ago - and so far it's suggesting a move down. Should the ellipses be correct (and the time signal not be a dud) there is much more downside to come. Difficult to assess. But as long as market breadth is so weak the bullish outcome is more difficult to imagine than the bearish scenario - right?

Boss, can you find any time signal near December 16 (+/-) instead of the 23rd ??

[fehro]

Mr.M any crazy ones on IWM? 112.82 range? from this morning pre market.. just wondering...

2019.png

Thanks! Mr. Miyagi!

[Al_Dente]

Worthy of your radar:
A bit thin, but “Moves Like Jagger”
(average daily volume: BIB 1.2mil and BIS 982k)

[Out of Bounds]

Crude is green. /CL +0.18

[nikman]

Do you mean December 16?

I posted this very long term chart one month ago - and so far it's suggesting a move down. Should the ellipses be correct (and the time signal not be a dud) there is much more downside to come. Difficult to assess. But as long as market breadth is so weak the bullish outcome is more difficult to imagine than the bearish scenario - right?

Boss, can you find any time signal near November 16 (+/-) instead of the 23rd ??

[brokebybernacke2]

I posted this very long term chart one month ago - and so far it's suggesting a move down. Should the ellipses be correct (and the time signal not be a dud) there is much more downside to come. Difficult to assess. But as long as market breadth is so weak the bullish outcome is more difficult to imagine than the bearish scenario - right?

The attachment 73.png is no longer available

assuming a rate hike dec 16, agree with something like '83 ( note rate hike in may), where it will shorter term (6-12 mo) correct some time soon after hike (15-30%), but then longer term bright blue skies....all for it, same return would put us sp 4000 as least courtesy ciovacco...

[QED]

Mr.M any crazy ones on IWM? 112.82 range? from this morning pre market.. just wondering...

Stefanie Kammerman, mentioned those low prints on IWM this morning (scroll down).

http://stocktwits.com/The_Stock_Whisperer

.

[fehro]

SPX 60m, inverted hammer + hammer = doji .. did make a lower low, and lower high last hour… fwiw. .. still sitting on the 200d SPX

[Al_Dente]

Do you mean December 16?

I posted this very long term chart one month ago - and so far it's suggesting a move down. Should the ellipses be correct (and the time signal not be a dud) there is much more downside to come. Difficult to assess. But as long as market breadth is so weak the bullish outcome is more difficult to imagine than the bearish scenario - right?

Boss, can you find any time signal near November 16 (+/-) instead of the 23rd ??

yes, corrected, thanks

[MrMiyagi]

Intraday bottom is in?

[josephli]

market has very interesting breadth data, with very bearish volume ratio while NDX holding up well.

[Al_Dente]

Three favorite words at zerohedge: crash, collapse and tumbling
Today it’s junk bonds, retail chain store sales, and $20 oil….

“Chain Store same-store-sales crashed 6.3% week-over-week”
[Note the BAC credit-card-as-proxy chart]
http://www.zerohedge.com/news/2015-12-0 ... ack-friday

[josephli]

Three favorite words at zerohedge: crash, collapse and tumbling
Today it’s junk bonds, retain chain store sales, and $20 oil….

“Chain Store same-store-sales crashed 6.3% week-over-week”
[Note the BAC credit-card-as-proxy chart]
http://www.zerohedge.com/news/2015-12-0 ... ack-friday

why do you guys read zerohedge? their tone of doom day makes me vomit every time.

[Al_Dente]

Three favorite words at zerohedge: crash, collapse and tumbling
Today it’s junk bonds, retain chain store sales, and $20 oil….
“Chain Store same-store-sales crashed 6.3% week-over-week”
[Note the BAC credit-card-as-proxy chart]
http://www.zerohedge.com/news/2015-12-0 ... ack-friday

why do you guys read zerohedge? their tone of doom day makes me vomit every time.

Here’s a contrarian gold bottom…. again…..
just 4 u
http://www.zerohedge.com/news/2015-12-0 ... y-13-years

[Heck]

ISE Indices/ETFs on BUY side all day
Occasionally joined by ALL and EQUITY Indices
We bought QQQ calls

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

[Out of Bounds]

closed my scalp long (-.05) and reversing

[josephli]

Bear could have been over. Chart is messy so need more confirmation.

[Al_Dente]

Broke the neckline
Back-tested the neckline
Hugging, trying to re-break the neckline
Bears have two lower lows and they want a third