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02/02/2018 Live Update

Re: 02/02/2018 Live Update

Postby JFR » Fri Feb 02, 2018 11:09 am

Some stocks are trying to hold the fort. SPY is giving it up. And the weekend looms ... LOL
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Re: 02/02/2018 Live Update

Postby Trades with cats » Fri Feb 02, 2018 11:14 am

Two FOMC speakers before the close. Kaplan at 1:30 and more importantly a hawk, Williams at 3:30. He could ignite an afterburner on the dollar move, or not.
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Re: 02/02/2018 Live Update

Postby Trades with cats » Fri Feb 02, 2018 11:20 am

fun fact from twitter feed- looks like Ethereum has something special going on.
Drawdown from All Time Highs

Ripple: -74%
Bitcoin Cash: -69%
Cardano: -67%
Litecoin: -60%
Bitcoin: -53%
Stellar: -50%
EOS: -44%
NEO: -33%
Ethereum: -23%
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Re: 02/02/2018 Live Update

Postby fehro » Fri Feb 02, 2018 11:22 am

This shouldn't be a surprise… there were hints for the last 3 weeks from VIX .. both up trending
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Re: 02/02/2018 Live Update

Postby Al_Dente » Fri Feb 02, 2018 11:31 am

NY declining stocks = 8.02 x advancing stocks
NY declining volume = 5.81 x advancing volume


2/1 NYSE new lows 131
1/31 NYSE new lows 114
1/30/ NYSE new lows 251
1/29 NYSE new lows 204, was the warning signal
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Re: 02/02/2018 Live Update

Postby Trades with cats » Fri Feb 02, 2018 11:40 am

Climbed back to S2 pivot, next goal yesterday's trading range.
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Re: 02/02/2018 Live Update

Postby Trades with cats » Fri Feb 02, 2018 12:35 pm

Gin and Tonic time in London, Pilsner time in Frankfurt. Yesterday it unleashed the big 10 point or so up move that failed later in the day. We are sitting just barely inside the 1 sigma level of todays range (bottom of 70% zone is ES2793 with my software) waiting for a move. I must say it is a tight little range with VWAP pretty much in the middle,
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Re: 02/02/2018 Live Update

Postby Trades with cats » Fri Feb 02, 2018 12:45 pm

Waiting for a re-test of the day's low. If they can't break it then why not move up to yesterday's range. :)
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Re: 02/02/2018 Live Update

Postby Cobra » Fri Feb 02, 2018 1:04 pm


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Re: 02/02/2018 Live Update

Postby Cobra » Fri Feb 02, 2018 1:06 pm

breakdown usually is the time for reversal, key time. fingers crossed.
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Re: 02/02/2018 Live Update

Postby Trades with cats » Fri Feb 02, 2018 1:07 pm

Coolbizone went long ES 2787.50 for a swing trade. Say's may go a few points lower but he thinks the correction is done.

The guy trades 20 contracts at a wack and has been consistent in his methods for years, as well as occasionally posting his account showing trades. And he has yet to put any sort of pay to see service together.
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Re: 02/02/2018 Live Update

Postby Al_Dente » Fri Feb 02, 2018 1:08 pm

We haven’t seen such AD reds since early august
Around that time the AD was kind enough to give us a higher low for divergence/direction
That doesn’t mean it will/should do the same this time…. but it would be nice…. not yet
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Re: 02/02/2018 Live Update

Postby Trades with cats » Fri Feb 02, 2018 1:09 pm

This morning Coolbizone responded to those who ask why he changes his targets . He says this is what he uses.
https://en.wikipedia.org/wiki/Bayesian_inference
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Re: 02/02/2018 Live Update

Postby Trades with cats » Fri Feb 02, 2018 1:11 pm

Two 98% daily probabilities fulfilled. Overnight range and one hour opening range both broken.
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Re: 02/02/2018 Live Update

Postby Al_Dente » Fri Feb 02, 2018 1:17 pm

Trades with cats wrote:This morning Coolbizone responded to those who ask why he changes his targets . He says this is what he uses.
https://en.wikipedia.org/wiki/Bayesian_inference

thanks boss :D
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Re: 02/02/2018 Live Update

Postby Cobra » Fri Feb 02, 2018 1:21 pm

as usual, breakdown means reversal, now let's see if bulls can exceed the tinted area, if they can, then bears might be over for today.
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Re: 02/02/2018 Live Update

Postby fehro » Fri Feb 02, 2018 1:28 pm

weak bounce here.. worse case look to 2763 SPX
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Re: 02/02/2018 Live Update

Postby Trades with cats » Fri Feb 02, 2018 1:29 pm

At POC almost to VWAP and the overnight low.
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Re: 02/02/2018 Live Update

Postby fehro » Fri Feb 02, 2018 1:31 pm

fehro wrote:weak bounce here.. worse case look to 2763 SPX



20d/50d.. TLT bonds.. look horrible.. trying to bounce here.. VIX still very strong
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Re: 02/02/2018 Live Update

Postby Al_Dente » Fri Feb 02, 2018 1:37 pm

Al_Dente wrote:NY declining stocks = 8.02 x advancing stocks
NY declining volume = 5.81 x advancing volume
.......

NY declining stocks = 5.8 x advancing stocks
NY declining volume = 5.0 x advancing volume
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