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02/02/2018 Live Update

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JFR
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Re: 02/02/2018 Live Update

Post by JFR »

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

Post by Trades with cats »

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

Post by Trades with cats »

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%
fehro
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Re: 02/02/2018 Live Update

Post by fehro »

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

Post by Al_Dente »

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
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 02/02/2018 Live Update

Post by Trades with cats »

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

Post by Trades with cats »

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

Post by Trades with cats »

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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Cobra
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Re: 02/02/2018 Live Update

Post by Cobra »


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Cobra
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Re: 02/02/2018 Live Update

Post by Cobra »

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

Post by Trades with cats »

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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Al_Dente
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Re: 02/02/2018 Live Update

Post by Al_Dente »

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
This is daily
22ad day.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Re: 02/02/2018 Live Update

Post by Trades with cats »

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

Post by Trades with cats »

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

Post by Al_Dente »

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
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 02/02/2018 Live Update

Post by Cobra »

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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fehro
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Re: 02/02/2018 Live Update

Post by fehro »

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

Post by Trades with cats »

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

Post by fehro »

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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Al_Dente
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Re: 02/02/2018 Live Update

Post by Al_Dente »

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
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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