12/03/2015 Live Update

[josephli]

Hourly extreme oversold signal just confirmed just like yesterday's 3PM. Usual risk 3 for 10-15 quick up potential.

Following you boss.

[daytradingES]

Hey Daytrading ES, don't forget that these days when the market gets ugly they just shut it down for 10 minutes and it miraculously opens back up higher with the algos in control. We saw that at least three times this summer. Also all those stock compensated CEOs are going to use every dollar of share holder's money in the treasury to make sure they get year end bonus. I think you have to wait for after New Years before you call a day black.

For sure - T with C.

They use all the dirty tricks in the books.

But if it's really big they stop at 10%,
shut it down.
brief rally and then down to -15% shut it down.

Next day they try a rally goes up a bit then down another 10%
they shut it down.
then open gap down and they can't bounce any cats
or
dogs
(even Old Yeller dogs)

[daytradingES]

I've been feeling the crash coming.
Last week I was wondering if it would come over the weekend.
Well its a little late but I think it has started.

Last mini-crash I noticed a pattern roughly equal swing bounces (#2&3) both less than the first and then the crash -269.

This time there is the same pattern roughly equal swing bounces (#2&3) both less than the first.

See attached - first is the current upswings - the green 175, 80, 88 then crash??
last time 91, 52, 54 then crash

--if from recent peak and - same number of points
2110.25
-269.50
1840.75 ES
+7.5
1847.75
/10=184.77 spy target