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Re: 04/05/2017 Live Update

PostPosted: Wed Apr 05, 2017 3:19 pm
by Trades with cats
ES 06-17 (5 Min)  4_5_2017c.jpg
Twitter rumor that there will be at least a 4 million closing imbalance (negative) so it is actually looking like the gap could fill. At ADR low and riding the 3 standard deviation below VWAP line.

Re: 04/05/2017 Live Update

PostPosted: Wed Apr 05, 2017 3:22 pm
by Cobra
double top text book target met. this bear may still have legs.

Re: 04/05/2017 Live Update

PostPosted: Wed Apr 05, 2017 3:25 pm
by Al_Dente
Frontrunner: TICK, green, should have made a high right there because SPY did.
TICK didn’t. That’s important divergence.
Bottom panel is 20 days, percentages

45fifteen.png.png

Re: 04/05/2017 Live Update

PostPosted: Wed Apr 05, 2017 3:33 pm
by Al_Dente
Even with the lag that “cumulative” provides, the TICK is pretty pure
TICKS are either up or down (unchangeds are not counted)
Alternative: you can delete the generous moving-averages used as “smoothers”, and just focus on HH/HL and LH/LL ticks

Re: 04/05/2017 Live Update

PostPosted: Wed Apr 05, 2017 3:37 pm
by Daniel
Al_Dente wrote:Even with the lag that “cumulative” provides, the TICK is pretty pure
TICKS are either up or down (unchangeds are not counted)
Alternative: you can delete the generous moving-averages used as “smoothers”, and just focus on HH/HL and LH/LL ticks

I like both, AD.

Cumulative, with smoothing, gives a clear sense of trend. But the raw data is also valuable in terms of showing peaks of enthusiasm or concern.

Re: 04/05/2017 Live Update

PostPosted: Wed Apr 05, 2017 3:50 pm
by Cobra

Re: 04/05/2017 Live Update

PostPosted: Wed Apr 05, 2017 3:53 pm
by Cobra
well, guess that's it for today. Thursday tomorrow has been generally bear mixed recently. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

Re: 04/05/2017 Live Update

PostPosted: Wed Apr 05, 2017 4:02 pm
by Daniel
MOC must have been fairly neg, market is closing near the lod as the closing SELLs are coming in...