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01/08/2016 Live Update

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Al_Dente
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Re: 01/08/2016 Live Update

Post by Al_Dente »

Messy, sorry, WEDGE awaiting breakout
Breakdown would take us to lower low and blue box target and negate the wedge...
Hourly
18wedge.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 01/08/2016 Live Update

Post by Al_Dente »

Added volume clue:
Price lower low on big red volume (red arrow)
Divergence = lower/reduced selling volume (green arrow)
That often works: when selling volume starts to dry up, bounces are possible
Nothing works all the time, like here, red volume could pick up in a flash........
18volume 60.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 01/08/2016 Live Update

Post by Al_Dente »

McClellan’s latest:
http://www.mcoscillator.com/learning_ce ... _scenario/
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Daniel
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Joined: Fri Feb 10, 2012 4:27 pm

Re: 01/08/2016 Live Update

Post by Daniel »

Internals are starting to weaken.

Um..

--Make that, starting to strengthen.

:|
Last edited by Daniel on Fri Jan 08, 2016 3:05 pm, edited 1 time in total.
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BullBear52x
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Re: 01/08/2016 Live Update

Post by BullBear52x »

Chart for the road: fresh new fund on mid Jan, Pop and Mom 401k and Roth IRA should pour in by mid month which coincide with circle cycle here. not that I trade by it just for the eyes' candy. Peace!
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Unique
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Re: 01/08/2016 Live Update

Post by Unique »

ES: Since this is an accelerated 1HR 8EMA bear train, my gut feeling is we close around ES 1915. Have a great weekend all!
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Daniel
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Re: 01/08/2016 Live Update

Post by Daniel »

QQQ 104.83

IWM 104.83

RS will be super simple btw these two major sectors, until the next dividend adjustment!

:D

"First there is momentum, then there is no momentum, then there is..." [Donovan Daytrader]
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Daniel
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Re: 01/08/2016 Live Update

Post by Daniel »

XRT, XLI, Dow Transports fresh LOD
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finman66
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Re: 01/08/2016 Live Update

Post by finman66 »

BearTable2-e1430741323590-720x340.gif
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Cobra
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Re: 01/08/2016 Live Update

Post by Cobra »

testing day low, key time.
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MrMiyagi
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Post by MrMiyagi »

WE'RE NEVER
EVER
GOING UP AGAIN!!!

EVARR!!
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re:

Post by BullBear52x »

MrMiyagi wrote:WE'RE NEVER
EVER
GOING UP AGAIN!!!

EVARR!!
:lol: EVARRRREVARR
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Al_Dente
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Re: 01/08/2016 Live Update

Post by Al_Dente »

18bear song.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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MrMiyagi
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Post by MrMiyagi »

!!! WEAK SAUCE HOUR !!!
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BullBear52x
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Re: 01/08/2016 Live Update

Post by BullBear52x »

Al_Dente wrote:
The attachment 18bear song.png.png is no longer available
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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finman66
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Re: 01/08/2016 Live Update

Post by finman66 »

burn-baby-burn.jpg
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Al_Dente
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Re: 01/08/2016 Live Update

Post by Al_Dente »

"Hello From the Other Side" [you know who]
I need an LOD here please
thank you
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 01/08/2016 Live Update

Post by Al_Dente »

Al_Dente wrote:
Al_Dente wrote: “Until there is a breakout, there is no breakout.” [Al Brooks]
“When everyone sees something as clear … day traders should always be ready for the opposite.” [ditto]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 01/08/2016 Live Update

Post by Al_Dente »

tick just gave us a clue :shock:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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MrMiyagi
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Post by MrMiyagi »

Intraday NYMO now down slightly to -58.13, VIX new day high 25.40.
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