12/06/2017 Live Update

[Trades with cats]

ES 5 minute

There is a great big hole in the volume by price distribution from the Flynn crash. If we trade in this area for a day or two more that will start to get a nice bell shape to it as the m,arket stores up the energy for a big move either way.

[Al_Dente]

If FIFO stays then we could get a lot of tax selling and charity donations end of the month from the specific share identification crowd. No holiday for the tax accountants this year!

"""If FIFO stays then we could get a lot of tax selling """
GOOD POINT boss, but there's not much press about it

[fehro]

weak.. mind the USdollar nears 20d/50d confluence

[te_fern]

Maybe a head fake...

[Trades with cats]

Small Caps aren't the same thing. That P shaped distribution has happened with them before. It is supposed to be an out of balance market, and one thing is for sure the Small Caps are never about balance

[Al_Dente]

HAPPY HOUR

[te_fern]

Making another try at the line of resistance!!

[Trades with cats]

Magic number time. That last resistance was the daily Pivot Point in the ES.

[Trades with cats]

Fumar.png (22.77 KiB) Viewed 1477 times

Old Fumar, my wife's man cat did it to himself last night. She left a fresh bag on catnip (for making holiday gifts) on the kitchen counter by mistake. After we were in bed there was a large thump from the kitchen. Well you guessed it, catnip all over and "someone" fell off the counter and was laying on his back on the floor with paws in the air, going meow meow meow.

[Trades with cats]

Everybody start getting ready for the fireworks on Sunday night. It should also cause almost unlimited journalistic ink to be spilled next week.
CME symbol BTC#
CBOE symbol @XBT#
I have heard CME wants $14500 collateral per contract. Yesterday I heard CBOE will be around $4,500.

No idea what the truth is but I am super confident we will be reading all about it. As the political reporters say this is bound to use up all the oxygen in the room next week.

Of course once the futures are sort of established out will roll the ETF's. Fun times for all.

[Trades with cats]

Was fun times the secret word of the day or will it be red close?
ES bouncing on VWAP 2629.75 looking like those wimpy sell signals 15 minutes ago were valid.

[te_fern]

Watching paint dry kinda of day....

[Daniel]

Even tho SPY is exactly unch on the day, 15 min b4 close, the sector diffusion hasn't been boring. Some big gainers and even more so some big losers.

As weak as XLE has been today, XOP has been nearly twice as bad-- down 3%!

[Shaishen]

Everybody start getting ready for the fireworks on Sunday night. It should also cause almost unlimited journalistic ink to be spilled next week.
CME symbol BTC#
CBOE symbol @XBT#
I have heard CME wants $14500 collateral per contract. Yesterday I heard CBOE will be around $4,500.

No idea what the truth is but I am super confident we will be reading all about it. As the political reporters say this is bound to use up all the oxygen in the room next week.

Of course once the futures are sort of established out will roll the ETF's. Fun times for all.

BTC unstoppable.. 15K by weekend ..Lives will be ruined and riches created. If you missed the "real deal" here is your speculator chance starting Dec 10 with a mere 4500 USD

.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2017/12 ... ay-update/

[Trades with cats]

Ah the comforting ritual of the ramp express once again saving us from a red close with a miracle last minute bid attributed to a long list of possibilities by the media.

OPTIONS ROLL DAY tomorrow so my charts will be worthless till Monday.

[Cobra]

well, guess that's it for today. Thursday tomorrow has been bull friendly 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