01/11/2016 Live Update

[Cobra]

100% mm, hopefully and 1st step for bulls.

[BullBear52x]

Good bottom on my book

[BullBear52x]

last chart I show VWAP to verify that bull buying is credible.

[Al_Dente]

yes yes but ..............is the bounce finally here???

I do hear her ......

[Unique]

ALL ABOARD!!!

And the call of the week goes to..............

[fehro]

trying to hammer the daily… SPX pops

[Cobra]

very good, this bull may have small legs at least.

[icman]

Kudos, Unique.

[MrMiyagi]

Intraday NYMO hit -81.55 at low point, so either a bottom or MM is hell bent on sending me to the poorhouse.
Long SPY February 194 calls. Prey for my kidneys.

[uempel]

Update:

[MrMiyagi]

David Bowie died today from cancer, I liked a lot of his work. 69 years, not that old.
RIP teenage memories.

[Unique]

I'm layering into a NQ swing trade for 100points upside with current initial risk of 27~.

First bullet shot @ 4235

FWIW, those that entered long SWING with me on NQ (or used ES)

My minimum target is 4338.50 which is 100points upside from average of 4228.50. Remember, this is an initial risk of 27~ for 100, stick with the plan.

Scalp/day trade wise, 8EMA/20EMA supports on 5m/15m charts are good to enter on this feedback loop squeeze. Mini deadcat bounce bull train within the context of a bear train....remember your timeframes

[Daniel]

If not already noted, by a prior posting of the link...

Worth consideration, as an overnite or swing timeframe caution to bears.




http://quantifiableedges.com/repeated-h ... term-lows/

[fehro]

Bear/Bull doji vs hammer battle to the close.. SPX

[Cobra]

well, guess that's it for today. Tuesday tomorrow has been bull friendly. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[MrMiyagi]

This snuck up on all of us I think, Earnings Season starts afterhours with AA (Alcoa) reporting.

[Trades with cats]

I question a "bull run" into the close when it pauses at 3:45 Eastern, which is when you have to add a lot more collateral for your futures. You could argue that this was day traders getting out along with the gamma neutral hedging by some funds.

Next up is the Yuan fix. So today Zerohedge said the PBOC had a really high up official say "no v shaped recovery, no economic intervention". Which ties in pretty well with the major shareholders of the US Federal Reserve saying "sell the rips", and some FOMC members saying bad things about the market. Almost like they all have a copy of the play book. I am guessing they need this market to drop hard so congress will beg for QE what ever before the election.

[Wallstreetrader]

plim already long again 1936 tgt

[Al_Dente]

could somebody please post the market's response to AA earnings
thanks

[icman]

could somebody please post the market's response to AA earnings
thanks

Earnings excluding nonrecurring items came in at $0.04 per share, beat the expectation for $0.02.

up afterhours so far