12/09/2015 Live Update

[josephli]

Bad news: hourly extreme oversold signal almost confirmed

I was thinking the same boss.

[fehro]

We will rebound here, but will hit (1900 something) tomorrow.

What is a reasonable target? I guess it will depend on where we rebound to, to form another H&S.

The big boys are just starting to heat up, coming under pressure.. GOOGL, FB, AMZN.. they go.. SPY 204 goes.. looking for 199 in a big hurry.. .. and if 2020 /ES level goes..

[Unique]

GOOGL: Bot weekly 755Puts @ 5, small size. Looking for a triple. Stop at 3.50, plan to hold overnight

Unique2X

Depending on where GOOGL closes today, I may upgrade target to quadruple for the puts.

[Unique]

ES: Consolidation at lows here favours bears heavily as it's setting up for end of day flood continuation to 2025.

Still trailing some shorts at breakeven 2049 still. Will add back to full size with a 2034 breakdown

[traderjo]

I was going to ask Cobra about Springheel Jack's 5DMA rule statistic, and then got sidetracked this AM . . .

http://www.channelsandpatterns.com/2015 ... oming.html

[Unique]

ES: Something interesting...the current pattern is similar to the Nov 11-12 formation. Lower high, top wick rejection at 1HR 200SMA then broke below major support and rolled over.

[Cobra]

consolidation here favors bears.

[fehro]

SPX..

[Out of Bounds]

Russell showing some life

[Trades with cats]

Yes I noticed also that the small caps are doing higher high higher low cycles.for the last 1/2 hour.

[fehro]

Russell showing some life

more like it's hanging on the edge of a cliff with one hand..

[Out of Bounds]

Another buy signal on the breadths

[daytradingES]

posted last night
confirmation of roll-over
viewtopic.php?f=2&t=1880&start=140#p208727

[Unique]

The hourly extreme oversold signal was confirmed 16 minutes ago. Which means there's a possibility of a deadcat bounce here back to 1HR 20EMA 2056~.

Not taking this trade as I'm trailing my remaining shorts at 2049 then taking the day off to reset after a couple rookie mistakes earlier today.

[Out of Bounds]

Another buy signal on the breadths

No follow through

[Unique]

GOOGL: Bot weekly 755Puts @ 5, small size. Looking for a triple. Stop at 3.50, plan to hold overnight

Unique2X

GOOGL: I added to my 755puts at 5.20, plan to hold overnight unless it triples by 3:58pm.

This is a full size position now. My stop remains at 3.50 which is roughly 30% of initial outlay

[gappy]

We saw this movie before.

Capture.PNG

Vote Cobra. glta

[Unique]

We saw this movie before.

Capture.PNG

Vote Cobra. glta

BTFD?

[Unique]

DX/USD: broke 97.59 marching towards target

[MrMiyagi]

SPY can't get above the 5 minute intraday 20EMA.