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12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 10:20 am
by Cobra
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triangle breakout to all time high as expected, now see if bears can make double top here.

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 10:54 am
by fehro
Selling today still benefits 2018 Tax cuts.. due to settlement.. buckle up.

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 11:05 am
by Cobra

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 11:06 am
by Cobra
morning hourly black bar.

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 11:34 am
by te_fern
Watching the smalls today, can they get back to the opening high and top of the box??

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 11:40 am
by te_fern
TICK looks fairly strong this morning....

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 12:02 pm
by Cobra
testing yesterday's low, key time.

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 12:13 pm
by fehro
sloppy H&S QQQs 5m from Dec 7th.. at neckline.. breaking here.. target is -$3 to 153.. sounds insane… NDX 20d 6399.06 very close.. looking for a tag

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 1:02 pm
by te_fern
I'm just stuck in the middle with you!! :D :D

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 1:07 pm
by Cobra

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 2:17 pm
by Al_Dente
At the moment, spy is ignoring the fact that VIX (shaded red) is suggesting spy-down
Or, at least, it shows that the options traders are in portfolio-protection mode
15 min
1229vix.png.png

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 2:40 pm
by daytradingES
previous 2698
in todays o/n 2698.25
doesn't look it will be touched today

together could form a double top (which Cobra mentioned above) < 2700 if lower next week

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 2:54 pm
by Cobra
almost 100% mm, good.

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 2:57 pm
by Cobra
i have a dream.

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 3:05 pm
by Cobra
Maybe a rebound here first then we'll see.

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 3:10 pm
by Al_Dente
Week at a glance (a couple hours before the close)
Best performers: Gold miners and long treasurys (all the defensives are in positive territory)
Worst performers: QQQ and financials (GS, today, expects a $5 billion hit to Q4 earnings as a result of tax reform … approximately two-thirds of which is due to the repatriation tax.)
1229glance.png.png

HAPPY NEW YEAR TO ALL

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 3:14 pm
by Al_Dente

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 3:18 pm
by Al_Dente

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 3:39 pm
by Daniel
From the Open..

Weak sectors: Financials esp KRE, Energy esp XOP, smallcaps, consumer discretionary
Strong sectors: None other than Lat.Am

UUP fresh 20day low.

Re: 12/29/2017 Live Update

PostPosted: Fri Dec 29, 2017 3:42 pm
by Daniel
Al_Dente wrote:HAPPY NEW YEAR TO ALL

Message received, and message echoed.

Hopefully all who find this Board, find value.

A good year ahead for all...