mhm great AAPL hammer, RIMM and FB new leaders

Same on USDMXN (extremely US-equity correlated) and USDSEK (my pick... also
stopped at fib)

Comprehensive SPY strategy has covered and gone long using the 135 support (so likely just expecting a bounce).  It can still change depending on the market close today, but just a heads up.  Timing is quite interesting - DIA and a few others have also triggered RSI2/Market-Bottom buy signals, not to mention the holiday rally usually starts around this time.  These are all <80% hitrate signals though, keep in mind.

Edit: Signal confirmed at close.

SINA bullish bias for today's earnings AH.

Oil, copper and most importantly EUR rounding a bottom... time to exit our puts?

Especially FFIV and T. T I would like to more because it is a positive beta stock... tracks the indices.

We got out of both at the bottom today.

Back to lows again on SPY. Please refrain from calling daily bottoms using intraday charts...
SPY chart I posted earlier will hold as long as we close below 135.70, but not changing any positions acting on it until end of day.

AAPL bears are winning again. think twice about going long.

Or just wait for the daily candle to finish before jumping to conclusions.

SPY close below $135.70 - chart posted earlier holds now (buy signal is set).  Any higher and the risk-reward on the expected bounce wouldn't have been enough to trigger a buy.

NFLX great flag if market bounces. already long NFLX at 80.95.and McClellan is now -320, very oversold.

Lots of new lower trendline breaks following new lows on SPY.
Watch the close to make sure the signals hold though.
Unfortunately too busy with midterms here to trade them.

FB continues its monster day

Which trading styles are you using? PFTQ's? SPX is weak on my charts and I'm going to start shorting it.

By the way, would anyone be against a short natural gas trade via options? There's an excellent reversal signal, but idk if it's going to be too costly, too illiquid, etc etc..

lol wow we bled 1.4% again today... Going short on UNG tomorrow morning on hammer, possibly an evening star. Will post chart after I get home...

hey guys we are officially oversold.

best oversold RSI 2 play for tomorrow: XLU. basically 8 consecutive days red. RSI 2 reading is 0.50.next in line is INTC, will be definitely scoping this tomorrow also.

Comprehensive strategy added more short on SPY this past Friday.  I was out of town all weekend so I only just saw it.  Getting interesting since it seems to be coming out of the gate quite strongly (first live trade in October) and coincides with the onslaught of recent trendline short signals.

Every short signal I've been getting the last couple weeks basically played out.  Need to really take myself out of the picture and stop interfering with the trades.  Updated charts on the ones I posted before:
IWM Trendline Break from Oct.26

IWO Trendline Break from Oct.26

SPY Short via Comprehensive Strat from Oct.25


Just a ton of more trendline short signals today on the scans.  As usual, have to watch the close near end of day to confirm breaks, but just very disappointed at the moment.  Probably going to just stay on the sidelines until I have more time to actually watch the markets (lot of midterms + projects these few weeks until Thanksgiving).

Puts on ESRX at $.46