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04/17/2017 Live Update

04/17/2017 Live Update

Postby Cobra » Mon Apr 17, 2017 9:14 am

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Rebound on testing the March lows, no idea how far it can go.
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Re: 04/17/2017 Live Update

Postby Cobra » Mon Apr 17, 2017 9:19 am


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Re: 04/17/2017 Live Update

Postby Trades with cats » Mon Apr 17, 2017 9:52 am

DX 06-17 (15 Min)  4_17_2017.jpg

DXY Dollar index futures
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Re: 04/17/2017 Live Update

Postby Cobra » Mon Apr 17, 2017 9:59 am


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Re: 04/17/2017 Live Update

Postby Trades with cats » Mon Apr 17, 2017 10:03 am

ES 06-17 (5 Min)  4_17_2017.jpg
ES RTH 20 day average range
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Re: 04/17/2017 Live Update

Postby Trades with cats » Mon Apr 17, 2017 10:22 am

DXY fallen through 100. Not to the recent Trump low yet.
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Re: 04/17/2017 Live Update

Postby Cobra » Mon Apr 17, 2017 11:29 am

I believe it's Fib 61.8% mm. although after it there might be another leg up.
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Re: 04/17/2017 Live Update

Postby WindWalker » Mon Apr 17, 2017 11:52 am

will bull stop here?! 20hr EMA and also on the daily chart looks like a breakdown of 50EMA and back test today.

2017-04-17-FLEXIBLE_GRID.png


2017-04-17-FLEXIBLE_GRID2.png
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Re: 04/17/2017 Live Update

Postby Cobra » Mon Apr 17, 2017 11:58 am

mini pullback target.
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Re: 04/17/2017 Live Update

Postby Cobra » Mon Apr 17, 2017 12:03 pm


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Re: 04/17/2017 Live Update

Postby Cobra » Mon Apr 17, 2017 12:40 pm

3rd leg up didn't make new day high, not good. now let's see if bears can make double top here.
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Re: 04/17/2017 Live Update

Postby Trades with cats » Mon Apr 17, 2017 1:30 pm

Knock three times!
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Re: 04/17/2017 Live Update

Postby Cobra » Mon Apr 17, 2017 1:31 pm

ascending triangle, breakout more likely.
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Re: 04/17/2017 Live Update

Postby BullBear52x » Mon Apr 17, 2017 1:47 pm

Nice footing but no harm to the bears.
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Re: 04/17/2017 Live Update

Postby Trades with cats » Mon Apr 17, 2017 1:55 pm

ES Average Daily Range forecasted high- Globex session 2343 RTH 2346. Either way this is the tail end of this move that really got going a couple of hours before the RTH market opened (7:30 ish AM) and has already put in three clear moves up before getting stuck on resistance two hours ago. My concern is all the up was while the dollar was dropping and all the wedging has been happening during a dollar bounce.
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Re: 04/17/2017 Live Update

Postby Eddie » Mon Apr 17, 2017 2:01 pm

Cumulative TICK has been trending lower since about 11:30 while price has traded sideways to higher. Not giving me a lot of confidence to get long. Maybe we trade down to VWAP at ES 2335.25 at some point. First test of that level should be a decent quickie at the least.
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Re: 04/17/2017 Live Update

Postby Eddie » Mon Apr 17, 2017 2:02 pm

Gotta break through ES EMA 20 on 5 min first though. That level has held all day.
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Re: 04/17/2017 Live Update

Postby Trades with cats » Mon Apr 17, 2017 2:06 pm

Confidence Builder, I have a long signal on ES that is going nowhere and a short signal on the TF that is going nowhere. Somebody is going to be wrong!
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Re: 04/17/2017 Live Update

Postby Eddie » Mon Apr 17, 2017 2:07 pm

Trades with cats wrote:Confidence Builder, I have a long signal on ES that is going nowhere and a short signal on the TF that is going nowhere. Somebody is going to be wrong!

Maybe Cobra's ascending triangle breakout wins out.....
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Re: 04/17/2017 Live Update

Postby Cobra » Mon Apr 17, 2017 2:19 pm

still breakout more likely.
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