12/01/2017 Live Update

[te_fern]

No bounce yet...

[te_fern]

At least since the first one...

[Cobra]

Michael Flynn promised "full cooperation to the Mueller team" and is prepared to testify that as a candidate, Donald Trump "directed him to make contact with the Russians."
http://www.zerohedge.com/news/2017-12-0 ... cks-plunge

And we know what Donald will say about that.....

FAKE NEWS!

[te_fern]

Michael Flynn promised "full cooperation to the Mueller team" and is prepared to testify that as a candidate, Donald Trump "directed him to make contact with the Russians."
http://www.zerohedge.com/news/2017-12-0 ... cks-plunge

And we know what Donald will say about that.....

FAKE NEWS!

[te_fern]

Here's the next bounce, will it hold....

[fehro]

seatbelts.

RUT 20d/50d support .. seat belts for the bounce up..

[Cobra]

let's wait for the dust to clear first. my guess is the market will resume up like nothing happened. come on, i cannot imagine anything that can bring this market down.

[Trades with cats]

ES reversed at the magic R2 support.

[Cobra]

Big guys knew far more ahead of us.

Heard an interview on Bloomberg recently with a law professor specializing in racketeering trials. He said the Special Prosecutor is using standard organized crime tactics. Gather the obviously-guilty small fish, and start “rolling them up” as the phrase goes. Roll them up as high as it goes, and as high as they are willing to go. It’s a long slow process, with occasional successes.

So it’s very likely that progress in this process could be leaking out of the prosecutor’s office.

Poor Trump...

[Al_Dente]

GOLD MINERS: Yesterday: The bolinger on the GDX hasn’t been this compressed all year, suggesting an impending big move.
For the bears: GDX is below the 200sma again
For the bulls: potential double bottom here, plus selling volume waned a bit yesterday
Daily, updated intraday

[fehro]

now we finally understood why despite the market was up and up and up VIX was up and up and up too. Big guys knew far more ahead of us.

yup.. as per usual .. hence look for the anomalies .. and always watch the VIX.

[Trades with cats]

ES stopped exactly at the magic S1 level.
Pretty clear to me the algos are running the asylum.

[Daniel]

Poor Trump...

No kidding. He can't even play the "fake news" card, because Flynn plead guilty to a felony. That stains his record forever. This isn't just a 'rumor'. Not just 'spin'.

[johnnywa]

So whatever happened to highly anticipated tax vote

[Trades with cats]

Cornyn says they have the votes.

In the meantime the man who was fired for lying says, yes I lied in court.

Kudo's to the Elliot Wave counters who have been looking for a pullback after calling these price levels a month plus in advance.

[Al_Dente]

TICK
AD
RUT
1 min

[te_fern]

Just made a quick scalp in LABU and still leaving money on the table. Hate trading outside of my system though.....

[Trades with cats]

ES and the smalls back to VWAP.

[Trades with cats]

Collins now onboard. McConnell saying vote later today.

[Trades with cats]

Just made a quick scalp in LABU and still leaving money on the table. Hate trading outside of my system though.....

I am going to review today all weekend. This week has really stress tested things!