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12/18/2018 Live Update

QED
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Re: 12/18/2018 Live Update

Post by QED »

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Package Thief vs. Glitter Bomb Trap

https://www.youtube.com/watch?v=xoxhDk- ... e=youtu.be

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JFR
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Re: 12/18/2018 Live Update

Post by JFR »

Are we scared of a bear market? Not really. It provides many good deals as prices drop, and short sales on the way down. Bumpy ride though.

IWM, QQQ and SPY have had "Death Crosses." DIA is getting very close.

2018-12-18_0838.png
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Cobra
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Re: 12/18/2018 Live Update

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Al_Dente
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Re: 12/18/2018 Live Update

Post by Al_Dente »

QQQ leads with another HOD
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Cobra
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Re: 12/18/2018 Live Update

Post by Cobra »


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Cobra
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Re: 12/18/2018 Live Update

Post by Cobra »

testing range high, looks promising because QQQ already made a breakout.
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Al_Dente
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Re: 12/18/2018 Live Update

Post by Al_Dente »

zh has been using the TICK as a measure of buy/sell programs. Yesterday, they cited multiple -1200 raw TICKs as markers of “huge sell programs.”
This chart is the TWO MINUTE TICK, so I put the horizontal lines at +1000 and -1000.
Anyway, using zh “logic”, can we say the +1000 (+1200) TICK indicates ‘huge buy programs’ (see green arrow)
2days, 2min
1218tick.png.png
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Trades with cats
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Re: 12/18/2018 Live Update

Post by Trades with cats »

Oh come on now, four tests of the overnight high and we are still below it. Is ES 2576 built out of titanium? Looking like this market is going to sleep until the word smiths at the Marriner Eccles building unveil their new work.
QED
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Re: 12/18/2018 Live Update

Post by QED »

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Stan Druckenmiller Says Algos Are Robbing Markets of Trade Signals

https://www.bloomberg.com//news/article ... markets-vp

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JFR
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Re: 12/18/2018 Live Update

Post by JFR »

Sliding back down in the range. IWM testing the previous close once again.

2018-12-18_1035.png
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Cobra
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Re: 12/18/2018 Live Update

Post by Cobra »

now testing range low. thought bulls might have chances earlier, the reality is it's just a range.
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Trades with cats
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Re: 12/18/2018 Live Update

Post by Trades with cats »

Nice little 2x top and drop. If more of the reported major ETF fund selling hits again we could see an ugly close. :o
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Cobra
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Re: 12/18/2018 Live Update

Post by Cobra »

now breakdown is more likely. we may have double top, not good.
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Cobra
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Re: 12/18/2018 Live Update

Post by Cobra »

double top text book target.
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brokebybernacke2
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Re: 12/18/2018 Live Update

Post by brokebybernacke2 »

banks and vix just not cooperating yet for bulls...best guess tomorrow flush out on maintain rate dec. cut, bounce on powell walking back 2019. doors stay open gov't for followthru. christmas wish...
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Al_Dente
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Re: 12/18/2018 Live Update

Post by Al_Dente »

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K447
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Re: 12/18/2018 Live Update

Post by K447 »

brokebybernacke2 wrote:... maintain rate dec. cut...
Maintain what?
brokebybernacke2
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Re: 12/18/2018 Live Update

Post by brokebybernacke2 »

K447 wrote:
brokebybernacke2 wrote:... maintain rate dec. cut...
Maintain what?
rate hike, maintain december hike
brokebybernacke2
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Re: 12/18/2018 Live Update

Post by brokebybernacke2 »

brokebybernacke2 wrote:
K447 wrote:
brokebybernacke2 wrote:... maintain rate dec. cut...
Maintain what?
rate hike, maintain december hike
however, if Powell does not pacify, going to 233 spy lickety...
Trades with cats
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Re: 12/18/2018 Live Update

Post by Trades with cats »

If Fed doesn't raise tomorrow then every trader in the world will know that something bad is coming to the economy. If they back off too much on language for 2019 hikes, then once again a warning of economic trouble. So they really have no choice but to say we will change when the numbers change.
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