11/18/2015 Live Update

[Out of Bounds]

ZZZZZZZZZZZZzzzzzzzzz.

[Unique]

If 15m closes strong as sticksave off the 20EMA then we would have the setup to squeeze to the 2067-2070 first major res, then 2078 and 2086.

[ALdaytrade]

An I H&S on the 5minute, takes us to 2075.

[MrMiyagi]

?

1946.png (4.3 KiB) Viewed 2444 times

[MrMiyagi]

[Cobra]

guess bears are over.

[Unique]

ES: Everything lining up for the initial bull train squeeze since price is an accelerated 1HR 8EMA bull train setup right now. Along with every 15m 8EMA+20EMA being bought

Next major resistance is 2068-2070, then 2078, 2086 when triggers above HOD again

ES: Remember this hourly perspective on the accelerated squeeze that I talked about....no major res until 2085-2086.

Everything was pointed to bull train squeeze, 15m 8ema+20ema being bought and accelerated 1HR 8EMA bull

[Trades with cats]

Looking at the dollar Yen, now that was a reaction!

[MrMiyagi]

guess bears are over.

No false moves today?

[fehro]

SPY ..VIX active

[josephli]

Looking at the dollar Yen, now that was a reaction!

market's way to say "Meh"

[Unique]

ES: Yup, that's a 15min bull bar breakout that was sticksaved at 20EMA. We will be arriving at station 2082 shortly it seems

[daytradingES]

sim

[Cobra]

vol surge, so a little pullback here then we'll see, probably would be bought.

[Unique]

If this is a true bull train. Right here 1m 20EMA should be sticksaved first try, that's how I judge price momentum

[Al_Dente]

• *FOMC MEMBERS WANTED TO CONVEY DEC. LIFTOFF MAY BE APPROPRIATE
• *SOME FED OFFICIALS: UNLIKELY LIFTOFF CONDITIONS MET BY DEC.
• *COUPLE ON FOMC CONCERNED WORDING CHANGE TOO STRONG A DEC SIGNAL

[Junior Buffett]

If this is a true bull train. Right here 1m 20EMA should be sticksaved first try, that's how I judge price momentum

I guess not?

[nikman]

Wow! You nailed it again, Uempel. Now the question is: does it break up or down from here. A test of how strong these resistances are.

Update:

SPX1.png

[Denali92]

ES: Attempting channel resistance breakout before FOMC announcement. 61.8% fib = 2067.56
Then, no major resistance until 2086.34 which collides with upper channel resistance.

Waiting for 2PM.

Just to be clear - this is NOT an FOMC day.... that was back on October 28th - this is a release of the minutes from that meeting on the 28th - still important, but there is NO ANNOUNCEMENT. The embargo'd press will come out with 500 words on the gist of the minutes at 2pm .... but there is no announcement.

I do not keep any stats on FOMC minutes day as some times the market moves some times it does not...

NEXT FOMC meeting is on 15-16th of Dec - right in the middle of opex.

-D

I just track FED days - there is the announcement - some times a surprise, some times not and every other meeting is the Press conference - remember September? That is generally where the action happens.... If we start to see the minutes being more significant, then I will start to track... just have not seen the need.

-D

don't you track FOMC days as, FOMC minutes released days, ie when the market has it wild swings (or not)
SupposedLY the minutes of the meetings are kept secret :lol

[Unique]

ES on 5m 8ema key time !