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01/05/2018 Live Update

Re: 01/05/2018 Live Update

Postby Trades with cats » Fri Jan 05, 2018 3:26 pm

ES Breaking out.
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Re: 01/05/2018 Live Update

Postby Al_Dente » Fri Jan 05, 2018 3:30 pm

"My own view is that two rate increases are likely to be appropriate for 2018. ” After his speech, he told reporters, "for right now, given that we've just moved in December and are continuing to watch the balance sheet normalization, I think we can take some time" before boosting rates again. He noted whatever happens "all depends on how the data comes in."
[Patrick Harker, voting member of FOMC, today]
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Re: 01/05/2018 Live Update

Postby Al_Dente » Fri Jan 05, 2018 3:45 pm

SOXL drops one point in one minute :shock:
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Re: 01/05/2018 Live Update

Postby Trades with cats » Fri Jan 05, 2018 3:48 pm

Tech did not participate in the new high. Also Cobra will have to write about starting the lower high topping process over for the three hundred and fiftieth or so time :)
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Re: 01/05/2018 Live Update

Postby Trades with cats » Fri Jan 05, 2018 3:50 pm

Big move up in Small Caps, they just broke green but I kinda doubt they hold it.
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Re: 01/05/2018 Live Update

Postby Al_Dente » Fri Jan 05, 2018 3:58 pm

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Re: 01/05/2018 Live Update

Postby Al_Dente » Fri Jan 05, 2018 4:01 pm

HAPPY HOUR
cat and dolphin.png.png
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Re: 01/05/2018 Live Update

Postby Al_Dente » Fri Jan 05, 2018 4:07 pm

Shortened Week at a glance (~hour before the close)
Best performers here: QQQ and XLY
Worst performers here: the defensives (as opposed to last week - not shown – when the defensives were in positive territory)

15week glance.png.png
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Re: 01/05/2018 Live Update

Postby K447 » Fri Jan 05, 2018 4:12 pm

Trades with cats wrote:Tech did not participate in the new high. ...

You excluding AMZN, GOOGL?
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Re: 01/05/2018 Live Update

Postby Cobra » Fri Jan 05, 2018 4:30 pm

this bull shall have legs.
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Re: 01/05/2018 Live Update

Postby Al_Dente » Fri Jan 05, 2018 4:33 pm

GDX breakout/support was $23
It backtested down to 23.25
Now trying again for breakout
Trying isn’t enough, get going, we needs a solid breakout
SWING
60m
15gdx 60.png.png
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Re: 01/05/2018 Live Update

Postby Trades with cats » Fri Jan 05, 2018 4:36 pm

K447 wrote:
Trades with cats wrote:Tech did not participate in the new high. ...

You excluding AMZN, GOOGL?

The NQ futures did not participate.
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Re: 01/05/2018 Live Update

Postby Trades with cats » Fri Jan 05, 2018 4:39 pm

Coolbizone has cancelled his ES pullback forecast. Break above 2736 postponed the 25 to 40 point pullback he was calling for next week.
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Re: 01/05/2018 Live Update

Postby Trades with cats » Fri Jan 05, 2018 4:42 pm

With this much of a move today the odds of the Asian and London?Frankfurt sessions during our Sunday night leading to a fourth gap up open are looking good. I keep expecting this to be like Ebola, it is going to burn itself out, but not just yet.
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Re: 01/05/2018 Live Update

Postby Cobra » Fri Jan 05, 2018 4:50 pm


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Re: 01/05/2018 Live Update

Postby Cobra » Fri Jan 05, 2018 4:52 pm

well, guess that's it for today. Monday has been mixed. thank you guys, I'll see you in another thread soon.

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Re: 01/05/2018 Live Update

Postby Trades with cats » Fri Jan 05, 2018 4:52 pm

Wow, big moves to new highs into a Friday close. That is sending a message for next week. Definitely going to take a look Sunday evening to see if it is received.
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Re: 01/05/2018 Live Update

Postby Cobra » Fri Jan 05, 2018 5:23 pm

Trades with cats wrote:Tech did not participate in the new high. Also Cobra will have to write about starting the lower high topping process over for the three hundred and fiftieth or so time :)


:mrgreen:

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