12/21/2015 Live Update

[Unique]

Here's a day session chart, less noise. ES Gap and go formation

[fehro]

30m .. CPC/ CPCE - a tad extreme .. 0.60/0.45 ! for the contrarian trade.. holiday trading tho...

[Unique]

I have targets at 2022 and 2025 when this breaks above 2014.50. Hourly candle is trying for the full retracement/engulfing...

[josephli]

note USD/EUR dropped while treasuries steady. bearish leaning. the rising triangle may fail

[Unique]

I think this is it. Absolutely no failure allowed by bulls here.

[Cobra]

forgot to mention, it's morning hourly black bar.

[fehro]

As per Thursday viewtopic.php?f=2&t=1889&start=60#p209691 Diamond pattern holds.. /GC gold. + DXY D/60m mind the bear flag daily, 50d, 200d. coming up. green uptrend.

[josephli]

As per Thursday viewtopic.php?f=2&t=1889&start=60#p209691 Diamond pattern holds.. /GC gold. + DXY D/60m mind the bear flag daily, 50d, 200d. coming up. green uptrend.

good call boss.

[daytradingES]

Typical pre-Xmas bull-doo-doo.

It's really hard to get any enthusiasm for this having missed Thursday am Sell at open.

jug a long in a narrow range -MSM babbling boobleheads of intermittent

Longer for longer
amd
Santa rally.
with
Stories of tim cooke
"Oh I wish I could bring the taxes back" bullcrap - (when Apple engineered the double-dutch Irish tax avoidance sandwich, going to great lengths not to pay taxes, and then using near slave labour conditions at its iphone factories in China when it would only cost a $1 more per handset to treat them with a modicum of human decency.
the immense greed and lack of morals makes me sick. The stock will eventually fail built on this house of sand. )

Todays forecast choppy sideways range bound
Calling for more of the same Tues, wed, ...

[fehro]

SPX hourly gravestone, inverted hammer.. dabbled small position short, looking for SPX gap fill if SPY 201.00 goes. AAPL takes out Fri LOD, and is red

[Trades with cats]

After 3 prior bounces in the overnight and morning ES trading it looks like the 2006 level is once again under attack. I have an inacurate VWAP at 2009 so this isn't good for bulls.

[Unique]

Below 2004 opens up 2000 and 1991 again. Key time here

[Cobra]

not good, it's double top breakdown.

[Trades with cats]

The big overnight up move was before London opened and if there was a news reason for it I missed it. The only thing I saw was that the PBOC stopped dropping their currency after an 11 day run.

[fehro]

FB takes out 50d 103.74 = "dislike" possible target 95.. if 102ish goes .. not sure with a 'possible' santa rally/bounce this weak with low vol/retail trading.

[Unique]

Thinking of ES gap fill 1995 first then see if bulls can sticksave there

[Al_Dente]

QQQ, 20 days, percent change; problem is AAPL

QQQ’s largest weighted-holding, AAPL (12.5% of QQQ, and SPY's largest holding at3.67%), has had its pants down below the lower bolinger for 6 days straight; quite a feat.
Extremely oversold: stochastics not seen at this low level since june 2014 (not on this chart)
This is where bottoms try to form, but AAPL today broke to a lower low/triple bottom (“Knock Three Times”), and the next support is soft at about 103.

[uempel]

Update, 60 min chart:

The attachment ss.png is no longer available

2nd update:

[Unique]

ES: Good, pretty much gap filled now. Bears must break below Friday low here or a bull sticksave is in the works with great R/R here.

[Unique]

QQQ, 20 days, percent change; problem is AAPL

The attachment 1221qqq percent.png is no longer available

QQQ’s largest weighted-holding, AAPL (12.5% of QQQ, and SPY's largest holding at3.67%), has had its pants down below the lower bolinger for 6 days straight; quite a feat.
Extremely oversold: stochastics not seen at this low level since june 2014 (not on this chart)
This is where bottoms try to form, but AAPL today broke to a lower low/triple bottom (“Knock Three Times”), and the next support is soft at about 103.

The attachment 1221aapl.png is no longer available

FWIW, here's triangle breakdown chart from last week