02/23/2016 Live Update

[Al_Dente]

Tom DeMark Warns If The S&P Closes Below This Level, It Could "Wreak Havoc To The Downside"
http://www.zerohedge.com/news/2016-02-2 ... c-downside

thanks

[gappy]

4 hour for the bulls.

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[JFR]

Down day, but relatively quiet.

Back later ...

[Cobra]

possible higher low or double bottom.

[josephli]

4 hour for the bulls.

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The chance is much lower now if bull was not able to break out upside in the morning.

[gappy]

4 hour for the bulls.

Capture.PNG

The chance is much lower now if bull was not able to break out upside in the morning.

Yes, but the thief in the night is bulletproof.

[brokebybernacke2]

gartley targets...assuming D is in..
97 % chance it hits B , 64% chance C 52% A on vix (33ish)

[josephli]

gartley targets...assuming D is in..
97 % chance it hits B , 64% chance C 52% A on vix (33ish)

how did you get the percentage probability?

[josephli]

Box consolidation. may still have room on the downside. sneaky algos sweep my stops.

[fehro]

SPX hourly still struggling under breakout level

[brokebybernacke2]

gartley targets...assuming D is in..
97 % chance it hits B , 64% chance C 52% A on vix (33ish)

how did you get the percentage probability?

bulkowski measure rule stats

[josephli]

gartley targets...assuming D is in..
97 % chance it hits B , 64% chance C 52% A on vix (33ish)

how did you get the percentage probability?

bulkowski measure rule stats

thanks.

[fehro]

AAPL very weak.. looses 20d horizontal support close,

AAPL new LOD .. still very weak

[MrMiyagi]

!!! POWER HOUR !!!

[josephli]

break down.

[Cobra]

breakdown target. Hopefully it's the final leg.

[Cobra]

!!! POWER HOUR !!!

[fehro]

SPX still no gap fill.. channel support / pause

[uempel]

From a big bank TA report published today:

<A potential pullback into early March can be significant and highly volatile so we wouldn’t be surprised to see the SPX moving back to 1880/1860 before starting a second rebound leg where wave C should ideally reach our suggested target region at around 2000 (which would be followed by a new leg down in very early summer, which goes below the previous 1810 low).>

Quite different from the Tom DeMark prediction. His prediction is a bit too abrupt in my view.

[brokebybernacke2]

Tom DeMark Warns If The S&P Closes Below This Level, It Could "Wreak Havoc To The Downside"
http://www.zerohedge.com/news/2016-02-2 ... c-downside

thanks

thank you, Tommy knows how to move markets!