9 replies to this topic

[K Wave]

after big ramp, and very small movement in McOsc today....which looks ripe for big turn back down below zero line, on both NAZ and NYA...especially NYA

http://stockcharts.c...47974880243.png

http://stockcharts.c...47974981881.png

[opinionated]

Not sure I think they would love to hold it in this range 2089-2065 es until everything resets. And believe they will if no bad news hits. Institutions money has pulled out and dried up, but the boyz and the fed pump away to stop what we all know should happen. There are a lot of shorts trapped all the way up from yesterday an the boyz want that money. Maybe a turn down next week but who knows. I did try a short I took yesterday at the close, and got out of it for some change this afternoon on IWM.... Powder dry till Monday... Best O

[opinionated]

Although the P-Sar is at 2077 es which is where it is now... A move below that would make me take a short RUT for a multi day move. Odds are they hold it and 2096 is their next target. Watch the hourly macd if it cycles down over night with out breaking the 5 hr Sar on es that's your TELL. O

[diogenes227]

Just happened to notice all these little tick downs on these bullish percent indexes today.

Had 42 stocks on my nifty-50 stock list on sells last Friday, 41 on buys now, 12 overbought, not huge yet, but still...won't be surprised if a sell down (or at least a decent dip) comes right about...now.

Good luck and good trading.

P.S. Does SPY have a dreaded doji and awfully close to one on the SPX?

[SemiBizz]

Today's SPX:

So for the main indices we track today, we did not get the strong pullback, and sometimes those signals do not come right away. We also got NR7s across the board, to expect a major range expansion. We still think odds favor that expansion higher, but we could also see a sharp reversal with our closing tick signal yet unfulfilled. Should we get that strong bounce tomorrow, we'd be looking for something in this upper range from 2090 to 2103, but possibly even as high as 2113. We think that would be the logical point to consider a short position

Edited by SemiBizz, 20 November 2015 - 08:38 AM.

[K Wave]

Still outstanding target around 1178 finally hit on RUT this AM... Let's see if we start to stall around here, or not...

[SemiBizz]

High Speed Ramp - Back and Fill Operations this morning..

Edited by SemiBizz, 20 November 2015 - 10:31 AM.

[risk_management]

I expected a blast through McClellan 0 line today and while breadth has been very strong in the first 15 minutes and it started nicely, it has deteriorated quite a bit since then. If it deteriorates some more now, McClellan oscillator might finish only at 0. That can have bearish implications for next week.

[K Wave]

GS blows out yesterday's low after acting like caca all morning...BKX been red most of the day after the initial pop RUT 1178 still holding as potential 5 of 5 of 2....

[SemiBizz]

Max pain for GS... 185, believe it or not.... I doubt we'll see that one come true.