12/02/2015 Live Update

[fehro]

SPX horizontal support holding.. sort of.. minor invs H&S VIX 15m.. or triangle

[Trades with cats]

Scorecard for tomorrow from Deutsche Bank via the doom and gloom news

[fehro]

/GC .. tags the 1050 level.. which was a GS target .. I think for 2015.. or 2014 .. not sure.. last chance for support.. watch for a hammer… USdollar new 2015 highs.. possible gravestone.. of sorts on the dollar.. sharp intra day reversal

DXY D/60m fwiw,

[Unique]

Added more scalp longs @ 2094, this one has a tight stop at 2092.00 for 2097-2098 target. Like the risk vs reward

[Unique]

/GC .. tags the 1050 level.. which was a GS target .. I think for 2015.. or 2014 .. not sure.. last chance for support.. watch for a hammer… USdollar new 2015 highs.. possible gravestone.. of sorts on the dollar.. sharp intra day reversal

DXY D/60m fwiw,

I have GC next major support 1041 then 1000-1010

[josephli]

Scorecard for tomorrow from Deutsche Bank via the doom and gloom news

Thank you very much.

[Out of Bounds]

5th buy signal!

[josephli]

Oil closing on Aug low.

[Al_Dente]

Bears still have the internal advantage
And they are just dicking around
Too soon to call an inverse H&S, bulls need to push more
The neckline is way up there near 210.50
Nonetheless, this is a higher low until proven otherwise

[Unique]

ES: Micro double bottom, it's now or never to 2098-2100 backtest....

[fehro]

got some heavy block action at this level.. SPY 80 million +

[Unique]

CL Crude Oil: The bear train attempting 40.00 breakdown for the 38.00 target, the last two weeks were just consolidation weeks. The November low was 40.06, pretty important battle here right now.

Remember, the context is daily 8EMA+20EMA bear train aligning with the weekly+monthly bear as well.

[Unique]

got some heavy block action at this level.. SPY 80 million +

hmm so many block trades according to the chart but price still stuck. Looks like waiting for 2pm/2:30 for the reveal

[fehro]

CL Crude Oil: The bear train attempting 40.00 breakdown for the 38.00 target, the last two weeks were just consolidation weeks. The November low was 40.06, pretty important battle here right now.

Remember, the context is daily 8EMA+20EMA bear train aligning with the weekly+monthly bear as well.

as with gold and the USdollar.. all near key levels.. may see /CL oil take out last weeks low.. knock out the stops and reverse.. double bottom… all depends on the dollar.

[fehro]

looking like a sweet short set-up… GOOGL all time highs.. with a gravestone.. need to see near end of day..

[Unique]

ES: Bulls unable to bounce here at 2093 leads me to believe the market wants to retest the 2088-2089 major support level first.
The major support has blue channel support colliding with purple triangle along with daily 8EMA = 2088.66. See chart

All the scalp longs just got stopped out

[uempel]

SPX should bounce at 2089 - at the moment daily MA 9 is at 2089.01

[Al_Dente]

okay lower low, and scrap the blue inverse H&S
It is now a brown H&S
brown target is near yesterday’s low
oy

[fehro]

hmm seems their own indicator.. may need some lower numbers.. lol.. http://datatraderpro.com/breadth/

[fehro]

SPX next support 2085.. if not mind yesterday's gap 20d 2079.64