Trades with cats
Posts: 8656 Joined: Sat Oct 11, 2014 4:40 pm
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by Trades with cats » Mon Feb 05, 2018 2:01 pm
It has been a half hour of nothing burger, so is this the double bottom in the making or is it the next move down?
MrMiyagi
Posts: 10328 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Mon Feb 05, 2018 2:03 pm
Trades with cats wrote: It has been a half hour of nothing burger, so is this the double bottom in the making or is it the next move down?
Lower low on SPY.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Mon Feb 05, 2018 2:10 pm
Al_Dente wrote: NY declining stocks = 1.8 x advancing stocks
NY declining volume = 2.1 x advancing volume
NY declining stocks = 3.7 x advancing stocks
NY declining volume = 5.1 x advancing volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
brokebybernacke2
Posts: 1955 Joined: Wed Sep 21, 2011 10:10 am
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by brokebybernacke2 » Mon Feb 05, 2018 2:12 pm
brokebybernacke2 wrote: in case we go down
if these bounces cannot break those prior support levels/now resistance rectangles, few weeks of bear i think , sell big bounces, fyi 6 months since s&p last visit to 50ma, usu pierces it a tad.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Mon Feb 05, 2018 2:15 pm
IWM key time <20d/50d at 20w SMA
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Trades with cats
Posts: 8656 Joined: Sat Oct 11, 2014 4:40 pm
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by Trades with cats » Mon Feb 05, 2018 2:17 pm
S2 pivot shouldn't mean much today because Friday was not a normal day, but there it is a couple of ticks below the low casting it's magic spells. If we see S3 today then this market is in serious trouble.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Mon Feb 05, 2018 2:25 pm
2717 come to papa SPX 50d SMA VIX nears next target 22.50 election highs
JFR
Posts: 10177 Joined: Sun Dec 02, 2012 7:24 pm
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by JFR » Mon Feb 05, 2018 2:26 pm
All the way up. And all the way down.
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Mon Feb 05, 2018 2:29 pm
Heresy:
Even the bears want a rally, just to notch a lower high or a double top, because noboby trusts a needle top
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Mon Feb 05, 2018 2:34 pm
fehro wrote: 2717 come to papa SPX 50d SMA VIX nears next target 22.50 election highs
ding ding 50d tag SPX 22.85 VIX election highs not quite
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brokebybernacke2
Posts: 1955 Joined: Wed Sep 21, 2011 10:10 am
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by brokebybernacke2 » Mon Feb 05, 2018 2:40 pm
fehro wrote: 2717 come to papa SPX 50d SMA VIX nears next target 22.50 election highs
should come, longer term bet, think will go like summer 2016...
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JFR
Posts: 10177 Joined: Sun Dec 02, 2012 7:24 pm
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by JFR » Mon Feb 05, 2018 2:45 pm
Lots of shorts beckoning in various asset classes. Not much by way of longs as of yet, to suit my taste.
Leaders of the DOW, heading downhill.
Back later ...
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fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Mon Feb 05, 2018 2:49 pm
VIX weekly
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Trades with cats
Posts: 8656 Joined: Sat Oct 11, 2014 4:40 pm
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by Trades with cats » Mon Feb 05, 2018 2:50 pm
Twitter feed says DOW hit 50 day area. ES in a channel at the bottom. Friday afternoon we got some hawkish Fed speak that kicked the market down for a second big drop. No one scheduled for today, so maybe we get the half hearted bounce.
Junior Buffett
Posts: 1089 Joined: Mon Apr 15, 2013 4:39 pm
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by Junior Buffett » Mon Feb 05, 2018 2:52 pm
fehro wrote: VIX weekly
That was an amazing call Fehro! what next? I think VIX should cool down now...
Shaishen
Posts: 268 Joined: Tue Jul 01, 2014 3:57 pm
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by Shaishen » Mon Feb 05, 2018 2:55 pm
If true that all gaps get filled ...eventually.. Jan 4 is half filled now
there is still one Dec 8 /17...2639 to 49
and 11/21 /17 but that must be the exception
.
Cobra
Site Admin
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by Cobra » Mon Feb 05, 2018 3:01 pm
mini target. forget bulls if cannot fulfill.
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MrMiyagi
Posts: 10328 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Mon Feb 05, 2018 3:02 pm
Cobra wrote: mini target. forget bulls if cannot fulfill.
You didn't say
"I HAVE A DREAM" !!