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01/18/2018 Live Update

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Cobra
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01/18/2018 Live Update

Post by Cobra »

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consolidation, bias is up.
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Cobra
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Re: 01/18/2018 Live Update

Post by Cobra »


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te_fern
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Re: 01/18/2018 Live Update

Post by te_fern »

The TICKs are starting out the day heading down....
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te_fern
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Re: 01/18/2018 Live Update

Post by te_fern »

Can we get a double bottom in the smalls??
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te_fern
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Re: 01/18/2018 Live Update

Post by te_fern »

The answer is no...
This is not investment or trade advice.
fehro
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Re: 01/18/2018 Live Update

Post by fehro »

careful.. IWM nLOD nears key support VXX green gaps up tests yHOD…..
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Al_Dente
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Re: 01/18/2018 Live Update

Post by Al_Dente »

Rob Hanna
"Current market conditions appear abnormal"
http://quantifiableedges.com/highly-unu ... x-and-vix/
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 01/18/2018 Live Update

Post by te_fern »

Nothing slowing down the semi's...
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Cobra
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Re: 01/18/2018 Live Update

Post by Cobra »


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Al_Dente
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Re: 01/18/2018 Live Update

Post by Al_Dente »

According to Business Insider, the market is tracking perfectly with earnings ESTIMATES
(i don't have that chart)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 01/18/2018 Live Update

Post by te_fern »

There's a pullback in the Semi's....
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Trades with cats
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Re: 01/18/2018 Live Update

Post by Trades with cats »

ES overshot the overnight low by 0.5 points for now. Question is will the possible gov't shutdown tank the bond market for a second day and trigger equity selling? ES downside targets are 2789 and possibly 2783.5 based on price action. :o
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Al_Dente
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Re: 01/18/2018 Live Update

Post by Al_Dente »

AAPL
ATH
and broke the neckline (daily) on an inverse H&S
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
brokebybernacke2
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Re: 01/18/2018 Live Update

Post by brokebybernacke2 »

well at least we seem to be getting into roller coaster season, every day whippy, vix is ripe.
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Re: 01/18/2018 Live Update

Post by Trades with cats »

ES Pivot Point 2797.50 was good for a single doji bar on the way down, see if it is resistance.
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Al_Dente
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Re: 01/18/2018 Live Update

Post by Al_Dente »

AD bears are strong at the moment
(except bear volume on the nas is weak)

NY declining stocks = 2.7 x advancing stocks
NY declining volume = 1.7 x advancing volume

Nasdaq declining stocks = 1.8 x advancing stocks
Nasdaq declining volume = 1.0 x advancing volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 01/18/2018 Live Update

Post by Al_Dente »

The other day “trades with cats” referenced SPX on 15min using RSI-14 … and noted that below 30 = buy most every time
(cats: please correct me if I’m wrong)
Here’s the RSI-14 behind IWM 15 min … interesting…
I didn’t draw red boxes for tops at 70, but that looks good too, DEPENDING ON YR TIMEFRAME
THANKS CATS :D :D
118iwm15.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
brokebybernacke2
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Re: 01/18/2018 Live Update

Post by brokebybernacke2 »

guess rangey into weekend, then avert govt shutdown rally comes early next week, then lots of earnings...if they suck, maybe we see some downturn, if not, next stop Pluto.
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Trades with cats
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Re: 01/18/2018 Live Update

Post by Trades with cats »

Wasn't me, it was Northman Trading's idea. His point was that someone was triggering a buy everytime RSI 14 got below 30 on a 15 minute chart, while a year ago it was the same on a daily chart.

My issue is that there is no good sell signal to go with it. Any reasonable stop loss and you are better off with buy and hold as not every drop is followed by a buy signal and sitting out a 50 point run up kills your edge. :P
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Al_Dente
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Re: 01/18/2018 Live Update

Post by Al_Dente »

Al_Dente wrote:AD bears are strong at the moment
(except bear volume on the nas is weak)
NY declining stocks = 2.7 x advancing stocks
NY declining volume = 1.7 x advancing volume
Nasdaq declining stocks = 1.8 x advancing stocks
Nasdaq declining volume = 1.0 x advancing volume
NY declining stocks = 2.8 x advancing stocks
NY declining volume = 2.2 x advancing volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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