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Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:34 pm
by te_fern
No bounce yet...

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:35 pm
by te_fern
At least since the first one...

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:35 pm
by Cobra
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!

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:37 pm
by te_fern
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

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:38 pm
by te_fern
Here's the next bounce, will it hold....

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:40 pm
by fehro
fehro wrote:seatbelts.
RUT 20d/50d support .. seat belts for the bounce up.. :roll: :lol: ;)

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:41 pm
by 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.

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:42 pm
by Trades with cats
ES reversed at the magic R2 support.

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:43 pm
by Cobra
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...

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:45 pm
by 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
121gdx.png.png

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:45 pm
by fehro
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: :)

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:47 pm
by Trades with cats
ES stopped exactly at the magic S1 level.
Pretty clear to me the algos are running the asylum.

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:56 pm
by Daniel
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'.

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:58 pm
by johnnywa
So whatever happened to highly anticipated tax vote :?:

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 12:59 pm
by 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.

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 1:03 pm
by Al_Dente
TICK
AD
RUT
1 min
121one ad.png.png

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 1:04 pm
by te_fern
Just made a quick scalp in LABU and still leaving money on the table. Hate trading outside of my system though.....

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 1:07 pm
by Trades with cats
ES and the smalls back to VWAP.

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 1:10 pm
by Trades with cats
Collins now onboard. McConnell saying vote later today.

Re: 12/01/2017 Live Update

Posted: Fri Dec 01, 2017 1:12 pm
by Trades with cats
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!