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Yes, a pretty good day for the RUT. Since it asserted itself, the 9 EMA has become support on the RUT, just like the SPY and the Qs.

A great weekend to all!

Ha -- I'm with you and Art -- staying very, very nimble. Got to go to they gym now and do my stretching. Don't want to pull any muscles while trading Cool

I think Shakespeare was writing about today's action in the averages as we go into the jobs numbers tomorrow.

Matt -- Wouldn't you have

ES 10 min RVM

Posted by puma on 4th of Nov 2015 at 10:14 am

Matt -- Wouldn't you have been stopped out for a small loss when the next candle traded below the low of the hammer you entered on?

The world's Central Bankers certainly don't like what's in there.

ECB Meeting and Press Conference on Thursday

Posted by puma on 19th of Oct 2015 at 11:57 pm

Don't know the timing but Draghi can definitely move markets too.

Here's some more info on shorts and this rally, but I don't know that it provides the info that directly addresses Zweig Breadth Thursts.

http://www.zerohedge.com/news/2015-10-09/its-not-risk-rally-biggest-short-squeeze-years-says-bank-america

Remember, Fed Minutes 2:00 Eastern

Posted by puma on 8th of Oct 2015 at 11:02 am

Feels like we might just chop and slop until then.

OIH and XLE showing good RS to OIL and to market

Posted by puma on 2nd of Oct 2015 at 10:19 am

Watch the Yen

Posted by puma on 1st of Oct 2015 at 10:29 am

Steve has pointed out the dollar/yen relationship a lot but it really seems to be wired in this morning. The daily chart is still testing critical support, and I'm posting a couple of 5 minute charts. You can see we are trading virtually candle for candle.

 

UUP Daily

Posted by puma on 22nd of Sep 2015 at 11:02 am

Re: CAT short

Posted by puma on 21st of Sep 2015 at 11:44 am

Just saw this on Zerohedge:

http://www.zerohedge.com/news/2015-09-21/what-earth-going-caterpillar-sales

Looked at the weekly chart. Interesting candidate for a longer term swing short. Certainly has built a big potential top, but it might require some more work.

 

 

Lots of gravetone dojis/shooting stars on dailies

Posted by puma on 17th of Sep 2015 at 05:38 pm

Market likes the way Yellen

Fed leaves rates unchanged

Posted by puma on 17th of Sep 2015 at 02:45 pm

Market likes the way Yellen moves the goal posts.

We need a new name

Fed leaves rates unchanged

Posted by puma on 17th of Sep 2015 at 02:20 pm

We need a new name for "markets" in a world in which they are becoming more like the puppets of the central banks. The problem for the CBs is that sooner or later their strings will break.

Yellen press conference in 15 minutes

Posted by puma on 17th of Sep 2015 at 02:10 pm

Crude 60

Posted by puma on 15th of Sep 2015 at 09:28 pm

Descending triangle inside larger descending triangle

 

Gold 2 hr

Posted by puma on 15th of Sep 2015 at 03:22 pm

Nice big falling wedge, may well be waiting on the Fed. Would measure up to almost 1140 if it goes.

IBB 60 Min Invers H&S

Posted by puma on 13th of Sep 2015 at 06:33 pm

Plenty of overhead resistance on daily but clean pattern on the 60.

 

Tim Cook starts APPL presentation at 1:00 Eastern

Posted by puma on 9th of Sep 2015 at 11:47 am

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