02/05/2018 Live Update

[Trades with cats]

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]

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]

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

[brokebybernacke2]

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]

IWM key time <20d/50d at 20w SMA

[Trades with cats]

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.

[Trades with cats]

For the small caps Donald giveth and Aunt Janet and Super Jerry taketh.

[fehro]

2717 come to papa SPX 50d SMA VIX nears next target 22.50 election highs

[JFR]

All the way up. And all the way down.

[Al_Dente]

Heresy:
Even the bears want a rally, just to notch a lower high or a double top, because noboby trusts a needle top

[fehro]

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

[brokebybernacke2]

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...

[JFR]

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 ...

[fehro]

VIX weekly

[Trades with cats]

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]

VIX weekly

That was an amazing call Fehro! what next? I think VIX should cool down now...

[Shaishen]

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]

mini target. forget bulls if cannot fulfill.

[MrMiyagi]

mini target. forget bulls if cannot fulfill.

You didn't say "I HAVE A DREAM"!!

[MrMiyagi]

NYMO