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12/01/2017 Live Update

Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 12:34 pm

No bounce yet...
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Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 12:35 pm

At least since the first one...
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Re: 12/01/2017 Live Update

Postby Cobra » Fri Dec 01, 2017 12:35 pm

te_fern wrote:
Al_Dente wrote: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!

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Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 12:37 pm

Cobra wrote:
te_fern wrote:
Al_Dente wrote: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!


:D :D
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Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 12:38 pm

Here's the next bounce, will it hold....
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Re: 12/01/2017 Live Update

Postby fehro » Fri Dec 01, 2017 12:40 pm

fehro wrote:seatbelts.


RUT 20d/50d support .. seat belts for the bounce up.. :roll: :lol: ;)
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Re: 12/01/2017 Live Update

Postby Cobra » Fri Dec 01, 2017 12:41 pm

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.
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Re: 12/01/2017 Live Update

Postby Trades with cats » Fri Dec 01, 2017 12:42 pm

ES reversed at the magic R2 support.
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Re: 12/01/2017 Live Update

Postby Cobra » Fri Dec 01, 2017 12:43 pm

Daniel wrote:
Cobra wrote: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...

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Re: 12/01/2017 Live Update

Postby Al_Dente » Fri Dec 01, 2017 12:45 pm

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
121gdx.png.png
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Re: 12/01/2017 Live Update

Postby fehro » Fri Dec 01, 2017 12:45 pm

Cobra wrote: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. :roll: :)
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Re: 12/01/2017 Live Update

Postby Trades with cats » Fri Dec 01, 2017 12:47 pm

ES stopped exactly at the magic S1 level.
Pretty clear to me the algos are running the asylum.
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Re: 12/01/2017 Live Update

Postby Daniel » Fri Dec 01, 2017 12:56 pm

Cobra wrote: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'.
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Re: 12/01/2017 Live Update

Postby johnnywa » Fri Dec 01, 2017 12:58 pm

So whatever happened to highly anticipated tax vote :?:
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Re: 12/01/2017 Live Update

Postby Trades with cats » Fri Dec 01, 2017 12:59 pm

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.
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Re: 12/01/2017 Live Update

Postby Al_Dente » Fri Dec 01, 2017 1:03 pm

TICK
AD
RUT
1 min
121one ad.png.png
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Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 1:04 pm

Just made a quick scalp in LABU and still leaving money on the table. Hate trading outside of my system though.....
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Re: 12/01/2017 Live Update

Postby Trades with cats » Fri Dec 01, 2017 1:07 pm

ES and the smalls back to VWAP.
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Re: 12/01/2017 Live Update

Postby Trades with cats » Fri Dec 01, 2017 1:10 pm

Collins now onboard. McConnell saying vote later today.
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Re: 12/01/2017 Live Update

Postby Trades with cats » Fri Dec 01, 2017 1:12 pm

te_fern wrote: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!
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