09/18/2015 Live Update

[fehro]

SPX 1953/2 20d tag gap fill... . .then close it on 1963 and doji the weekly..

[Daniel]

IWM, QQQ, EEM all exactly back at daily VWAP.

Market is normalizing.

[Daniel]

Wow. Huge block trade in IWM, realtime market not dark pool. Maybe 2mil shares? (per Ameritrade) No p-bar generated--but it sure sucked up alot of etf shares!

[Daniel]

IWM, QQQ, EEM all exactly back at daily VWAP.

Market is normalizing.

SPY now arrived as well, 196.60

AAPL trying to stay green

[fehro]

lunch time over.. lets see if there's some action.. SPX

[uempel]

This monthly chart shows

A) the importance of what happened in August: after a run of 42 months monthly SPX closed below the MA 9.

B) the importance of SPX 1864: my Fib application shows that this level corresponds with a 23.6% correction on the Fib 161.8 scale of the long term rally up from SPX 666 resp. 967.

[Cobra]

rising wedge target met. now let's see if bears can make 100% mm.

[fehro]

/CL - oil under pressure... weekly not looking to good.. daily <50d now 20d next W/D/60m

[Al_Dente]

TRIN 3.15

[MrMiyagi]

spy

qqq

[fehro]

INDEXes TLT pushing 20d, USO nears 20d

[tsf]

Thank you, Mr M !
and historically, we had a good chance of reaching the UP p-bars before they disappeared from your screen ...

1660.png

1661.png

[MrMiyagi]

and historically, we had a good chance of reaching the UP p-bars before they disappeared from your screen ...

You're welcome..

Minor correction;

spy

[fehro]

SPX ... if we fall totally apart.. looking for 1940-45 range

[uempel]

Unless the recent market action is a mere 2 or 3 month discontinuity, the August close below the monthly MA 9 (now at SPX 1950) signals a change of trend.

This system generates huge profits. But sometimes it's quite tricky. In the years 1998, 2010 and 2011 the system gave false signals. Traders/Investors who went back in as soon as the monthly close was back above the MA were on the right side of the trade, didn't lose too much. Nor did those who went long at the false buy signal in 2002 if they sold in March.

Whoever used this system as from December 2011 is a rich man now

[Cobra]

2nd test of day low, if bears cannot make a decisive new low then the game is over for today, so key time.

[Cobra]

possible higher low, no good for bears. let's see if bulls can make 100% mm.

[MrMiyagi]

!!! POWER HOUR !!!

[uempel]

Something for those who don't want an open position over the weekend and are just watching the market. Here's a nice quiz in the NYT regarding Donald Trump and Silvio Berlusconi. Quite funny

http://www.nytimes.com/interactive/2015 ... sconi.html

[QED]

[quote=Minor correction;

1660.png

MrMiyagi - Check out the large block trades on SPY at 196.68 AND at 198.68!

(click on image to enlarge)
https://twitter.com/VolumePrintcess

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