Chief_Tardis

Chief_Tardis

seems plausible but can be overwhelming for now ...breath relax and play the charts

Chief_Tardis

Trade the chart is the mantra - the market has so many mixed signals - trade safe

Chief_Tardis

Notes on chart of USOIL

Chief_Tardis

adding daily for clarity

Chief_Tardis

spx red channel for high or green channel to lows???? - just fun chart

Chief_Tardis

see the repeating tops ....

Chief_Tardis

Not sure what is going to happen with the rate hike etc but these two distribution candles the buyers are wary and not too interested to take this a new notch. I am going to be short unless I see patterns that indicate the buyers are interested to take this up to 2130 or not Even though 2130 seems achievable the way we get there and close would tell a lot as to...

Chief_Tardis

Notes on the chart to provide perspective on some of the key accumulation and distribution events occurring . also SPX500 moved up higher up percentage vise versus IWM's move from the double bottom

Chief_Tardis

Similar patterns developing - some more sideways back and forth and then we could potentially see the triangle break down

Chief_Tardis

Interesting thing I caught - working so far with the teddy bull we had yesterday

Chief_Tardis

Developing story

Chief_Tardis

The daily chart

Chief_Tardis

Possible up and down plays the gartley extension lines up with the lower level at 16 as strong support eventually( green line) and the fib trend extension is pretty close that top

Chief_Tardis

Possible price rejection at the Fib .382 level and a pull back into the lower gartley line ( bearish crab) could spike with PCLN ER coming up on Nov 9th ....XLY holds a big chunk of PCLN....that would help complete the pattern

Chief_Tardis

Saw something in terms of measurements today - it kind of fell in place - looks like a bearish gartley...I chose UWTI mainly due to leverage and the pattern it tends to form, inputs welcome

Chief_Tardis

if we double top the pattern will render invalid other wise there is a possibility of a reversal occurring. Lets watch .

Chief_Tardis

The overall yellow ABCD triangle and the smaller pennants as triangles within show direction of where SPX500 could be headed. if those areas get generally conformed ( not to the dot) then I am short

Chief_Tardis

Well this looks possible going into Monday - AAPL ER on Tuesday