11/02/2015 Live Update

[josephli]

The OB level is quite extreme now.....

[MrMiyagi]

!!! POWER DAY !!!

[BullBear52x]

The OB level is quite extreme now.....

I will not call anything extreme until %B >1 (21,2)

[Cobra]

could be an exhaustion so maybe finally a little pullback here which of course would be bought.

[fehro]

SPX

[QED]

P.S, I think Cobra left us

Maybe Cobra is visiting with Cletus?

[BullBear52x]

Here is %B chart

[Unique]

ES: 5minute 8EMA+20EMA bull train re-entries tutorial.

Just BTFD with risk 2.50 points for 3-5 points quick upside on a confirmed bull train on the hourly and daily timeframe charts. Rinse and repeat until it does not work.

ES: Looks like the 5minute 8EMA+20EMA bull train re-entries worked out perfectly today from the lunch tutorial.

Might need to take some profits at ES 2098 - 2100 ...

[DellGriffith]

SPY started out playful and then went crazy.

[Cobra]

!!! POWER DAY !!!

[Unique]

Here is %B chart

21 instead of 20, personal preference?

[Al_Dente]

[josephli]

Here is %B chart

Boss, when you use SPX then you see it is really OB. SPY aug low screw up the intermediate term BB.

[josephli]

Here is %B chart

NVM, i see you use a different parameter.

[MrMiyagi]

I know that logically I should go short here, but, like wtf?

[BullBear52x]

Here is %B chart

Boss, when you use SPX then you see it is really OB. SPY aug low screw up the intermediate term BB.

yes, we have to find the balance when SPY and SPX is not reading the same. I use 21 instead of 20 (fib sequence)

[josephli]

I know that logically I should go short here, but, like wtf?

boss, care to elaborate?

[fehro]

AAPL trying to join the party late.. new HOD, but still under Fri's HOD

[BullBear52x]

Chart for the road: new highs over new lows. bulls still on a driver seat.Peace!

[MrMiyagi]

boss, care to elaborate?

Well it's just gone up and up and up and NYADV at extreme level, VIX at 14.... There should be a point where it exhausts...