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02/16/2018 Live Update

Trades with cats
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Re: 02/16/2018 Live Update

Post by Trades with cats »

Central bankers are very aware that if all the money they printed ever escapes Wall Street inflation will be like a wildfire. They don't want to repeat Volker so lots are predicting 8 increases over the next two years. Of course most of the recent official inflation was oil, housing and healthcare so raising rates will be a mixed bag effect. Some of the money center banks are now predicting a negative total return on bonds over the next 12 months. :(
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Cobra
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Re: 02/16/2018 Live Update

Post by Cobra »

this bull shall have legs.
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Trades with cats
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Re: 02/16/2018 Live Update

Post by Trades with cats »

ES bouncing on the former resistance level. Needless to say if the high holds it confirms the overnight high and makes a nice double top. But that means a slow drift down to 2730 or so for the rest of the day. Very possible if the last several days were all about short covering and the options market makers pining prices for expiration. Also would provide a reasonable explanation for the mad cow behavior.
fehro
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Re: 02/16/2018 Live Update

Post by fehro »

/eS stalling at resistance.. nibble sm short here :roll: with tight stop
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Trades with cats
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Re: 02/16/2018 Live Update

Post by Trades with cats »

15 Minute bars extended trading hours
15 Minute bars extended trading hours
Relative volume is comparing to a 10 day rolling average.
Just wanted to show the possible double top at a fib level. Of course if you draw the fib from the first volume spike then it isn't.
Fibs remind me of Elliott Waves, always obvious in hindsight, never clear as they happen. :lol:
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Re: 02/16/2018 Live Update

Post by fehro »

SPX 20d SMA 2748.37 61.8% retrace near here as well
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Cobra
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Re: 02/16/2018 Live Update

Post by Cobra »


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Al_Dente
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Re: 02/16/2018 Live Update

Post by Al_Dente »

Trades with cats wrote:
ES 03-18 (15 Min) 2_16_2018.jpg
Relative volume is comparing to a 10 day rolling average.
Just wanted to show the possible double top at a fib level. Of course if you draw the fib from the first volume spike then it isn't.
Fibs remind me of Elliott Waves, always obvious in hindsight, never clear as they happen. :lol:
fibs keep it simple
draw from peak to trough, like u did
nice chart boss :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 02/16/2018 Live Update

Post by Trades with cats »

Above overnight but paused at, rim shot please, R1 pivot.
fehro
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Re: 02/16/2018 Live Update

Post by fehro »

fehro wrote:SPX 20d SMA 2748.37 61.8% retrace near here as well
20d SPX INDU RUT
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1der
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Re: 02/16/2018 Live Update

Post by 1der »

fehro - getting oh so close to your SPY 275 call earlier this week. Seemed miles away when you made the call.
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Al_Dente
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Re: 02/16/2018 Live Update

Post by Al_Dente »

....
Last edited by Al_Dente on Fri Feb 16, 2018 1:59 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 02/16/2018 Live Update

Post by Trades with cats »

R1 pivot much stronger than the overnight high!
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Re: 02/16/2018 Live Update

Post by Trades with cats »

Fib Levels
Adam Grimes, who now has a pay site he pushes when not obsessing over food on twitter, did a large computer study across multiple futures markets to test fib levels. He found them to not be accurate but did find retracements commonly exceeded 50% (not a real fib level) but stopped between 66 and 75% or so. Because of their popularity I personally think it gets into the self fulfilling prophecy category. :)
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Cobra
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Re: 02/16/2018 Live Update

Post by Cobra »

generally the pullback will be bought around ema20.
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Al_Dente
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Re: 02/16/2018 Live Update

Post by Al_Dente »

Breaking:
13 russians and 3 russian companies indicted for hacking the election
[bloom, now]
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Al_Dente
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Re: 02/16/2018 Live Update

Post by Al_Dente »

...
Last edited by Al_Dente on Fri Feb 16, 2018 2:25 pm, edited 1 time in total.
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Al_Dente
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Re: 02/16/2018 Live Update

Post by Al_Dente »

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: 02/16/2018 Live Update

Post by Al_Dente »

...
Last edited by Al_Dente on Fri Feb 16, 2018 3:08 pm, edited 1 time in total.
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: 02/16/2018 Live Update

Post by Al_Dente »

...
bobble-heads yapping about what a great excuse this is to restrict/regulate social media
FB down -1.25% today
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