10/20/2015 Live Update

[Junior Buffett]

DOW is in green and S & P about to turn green...damn the BULLS...Fockers don't even go for one day sleep..

[BigChief]

DOW is in green and S & P about to turn green...damn the BULLS...Fockers don't even go for one day sleep..

just a pause I say we end down

[Cobra]

the rebound may have legs.

[Al_Dente]

5min
sqz rule
Generally a red bar should not take back half of the previous green bar (including wicks)
there are plenty of exceptions
Keep raising stops on squeezes, very hard to get out when it exhausts and goes all red

[MrMiyagi]

!!! POWER HOUR !!!

[fehro]

that daily candle is not pretty.. on the SPY . . but 50m to go.. riding the underside 60m?

[Cobra]

!!! POWER HOUR !!!

[Trades with cats]

So ECB member jaw boning was the match that ignited this move up last week. Now full ECB meeting on Thursday could be buy the rumor sell the news.
Earnings season could be since N in FANG not so hot the market is counting on FAG for good news to continue squeeze.
Treasury Sec Jack Lew looks like he is trying to stop govmn't so Republicans can be blamed again, at the least he has panicked short term bond market.
European commodity trading firms hanging by a thread, Goldman says if they go they take the market with them. Now we find out that Chinese traders forced out of the stock market by government intervention have flooded into commodities and are shorting the heck out of copper, threatening Glencore's survival.
Wall Street Journal says Drop Box and other techs can't IPO because the market thinks they are worth less than what VC's have on their books, unicorn die out coming.

So when Del says something has got to give I ask do you want number 1, 2 or 3 or something special from the kitchen?

[Trades with cats]

Goldman says VIX should be at 19, credit markets historical relationship says it should be over 25. Zerohedge headline.

We have seen how someone keeps hammering it to trigger the correlation algos which jump the ES.

[DellGriffith]

Bah probably a gap up or down before the open. closed position.

[Al_Dente]

we're struggling right here, If we can get that high, I think that last MrMiyagi P-bar is resistance here
nevermind i think we're already exhausted

[BigChief]

9 more posts to push to 10 pages?

[daxer]

9 more posts to push to 10 pages?

When are we going downnnnnnn

[MrMiyagi]

When are we going downnnnnnn

!!! NEVER !!!

[finman66]

!!! EVER ? !!!

[Junior Buffett]

can we call last two trading session as a consolidation and expect next move is strong move up?

[BigChief]

!!! EVER ? !!!

nev·er
ˈnevər
adverb
1.
at no time in the past or future; on no occasion; not ever.
"they had never been camping in their lives"
synonyms: not ever, at no time, not at any time, not once; literaryne'er
"his room is never tidy"
antonyms: always
2.
not at all.
"he never turned up"
synonyms: not at all, certainly not, not for a moment, under no circumstances, on no account, nevermore;

[Al_Dente]

5 MIN
It’s a “dirty” squeeze
Too many red bars, too much "picket fence" up in here
This is a potential right shoulder, bulls (bears covering) must push through that or risk giving it all back

DAILY
Bulls are still overbought.
Bears are “due” for their turn and they know it.
So down midday but bears had NO BALLS, no internal bear strength.
Now they’re scared and covering like little girls, delaying the downturn for perhaps another day(s), who knows...

IMHO FWIW

[BigChief]

today was the H in the H&S, IMHO, maybe, I don't know, whatever

[fehro]

200d tag.. close enough for gov't work? SPY daily 0.45 short of HOD