09/09/2015 Live Update

[fehro]

minor possible invs H&S SPX/SPY 5m target 199.00 SPY if a higher low holds (RS) and if AAPL doesn't fumble..

[fehro]

/GC gold tags 1100.1 .. dabble a small GLD C here... watching hourly candle.. maybe a tad early.

[MrMiyagi]

[MrMiyagi]

qqq

[silicon_beaver]

/GC gold tags 1100.1 .. dabble a small GLD C here... watching hourly candle.. maybe a tad early.

waiting, , ,
JNUG buy 7 unfilled yet.

[uempel]

Looking at small channels ....

The attachment uzt.png is no longer available

Yes, I fully agree with the move down, starting around tomorrow or the next day.

Expecting the -119 points that is represented by the first four candles from 1833 to 1953 before the first W.

We don't know if there is going to be a move down - we have to wait for SPX to break lower out of the green channel, for SPX to break the MA 233 on the 5 min chart and to stay down into. A close below these support levels suggests the market might go down. An exciting day, let's see what happens now

[fehro]

SPX .. red VIX red.. someone is lying...

[Cobra]

rectangle breakdown target.

[Daniel]

Naz up/down vol still much better than NYSE today.

[fehro]

oh o... AAPLe Pencil .. causes sell-off... lol...

Even though Steve Jobs may have hated it, it looks like Apple’s pencil for the iPad Pro for corporate users is taking a page from accessories for the Microsoft Surface. The Apple Pencil looks like it can do calligraphy, draw and other art work . Jony Ive’s video says the Apple Pencil will “deliver precision that gives you the ability to touch a single pixel.” The attachable keyboard is also similar but probably improved upon, accessory keyboard for the Surface.

http://blogs.marketwatch.com/thetell/20 ... -to-debut/

[ALdaytrade]

Looking at small channels ....

uzt.png

Yes, I fully agree with the move down, starting around tomorrow or the next day.

Expecting the -119 points that is represented by the first four candles from 1833 to 1953 before the first W.

We don't know if there is going to be a move down - we have to wait for SPX to break lower out of the green channel, for SPX to break the MA 233 on the 5 min chart and to stay down into. A close below these support levels suggests the market might go down ...

I based that statement on the pattern that I described. From 1834 to 1953 there are four candles which represent 119 points. Then there is a W formation, then an island top, then another w formation which is a mirror image of the first W. All that we are missing is the - 119 points down. I know this sounds bizarre, but I have been trading on this, since I recognized it with success.

I will stop this description, as I fear I will be labelled "the crazy one," which might be accurate!

[Cobra]

vol surge, maybe a rebound here first then we'll see

[fehro]

VIX still red.. amazingly...

[fehro]

/GC gold tags 1100.1 .. dabble a small GLD C here... watching hourly candle.. maybe a tad early.

sold a small portion GLD calls + 40%

[MrMiyagi]

spy

[BullBear52x]

Red Fib tracking now.

[Daniel]

uup fresh LOD-- along w most equity sectors.

[Daniel]

SPY tagged (still upslope) 15min 200ema (from above)-- ca 196.10

[Cobra]

next target. if can exceeds it without rebound first then this bear may still have legs.

[BullBear52x]

Positive divergence, still in play, no new LL tho