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02/20/2018 Live Update

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Cobra
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02/20/2018 Live Update

Post by Cobra »

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the pullback will be bought.
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Cobra
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Re: 02/20/2018 Live Update

Post by Cobra »


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fehro
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Re: 02/20/2018 Live Update

Post by fehro »

SPX 2725 key… 50d .. we gapped down under 20d/50d SMAs not good
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Screen Shot 2018-02-20 at 6.30.57 AM.png
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JFR
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Re: 02/20/2018 Live Update

Post by JFR »

Overnight/weekend gap down on YM, ES and NQ.
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JFR
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Re: 02/20/2018 Live Update

Post by JFR »

Gap fill on ES.
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Daniel
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Re: 02/20/2018 Live Update

Post by Daniel »

Gap fill, QQQ
Semis are powering tech today.
Retailing is weak, WMT poor earnings report is a drag on the sector.
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JFR
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Re: 02/20/2018 Live Update

Post by JFR »

Gap fill on NQ.
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Re: 02/20/2018 Live Update

Post by JFR »

Two DOW leaders, INTC and V, pulling back.
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Trades with cats
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Re: 02/20/2018 Live Update

Post by Trades with cats »

magic number time- ES futures turned around and went down at the Pivot Point, halfway between yesterday's futures close and the overnight high. :o
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Cobra
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Re: 02/20/2018 Live Update

Post by Cobra »


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JFR
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Re: 02/20/2018 Live Update

Post by JFR »

This is a bit schizo.
YM hanging around the open on a gap down day.
ES gap fill and back down.
NQ gap fill and on upward.
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fehro
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Re: 02/20/2018 Live Update

Post by fehro »

SPY stalls here again under Fri's LOD.. possible larger H&S 5m.. LOD goes.. look to Wed spike inflation low 269ish
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JFR
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Re: 02/20/2018 Live Update

Post by JFR »

Scary. Seems like the market is spooked.

Back later ...
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Trades with cats
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Re: 02/20/2018 Live Update

Post by Trades with cats »

15 minute Regular Trading Hours
15 minute Regular Trading Hours
Targets for today. I have re-loaded the new version of Ninja Trader. If anything isn't clear just send me a message and I will explain what I have up. The two boxes at the bottom are relative range and relative volume. You can see that volume is back to the 40 day average but range is still elevated. :)
fehro
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Re: 02/20/2018 Live Update

Post by fehro »

fehro wrote:SPY stalls here again under Fri's LOD.. possible larger H&S 5m.. LOD goes.. look to Wed spike inflation low 269ish
Tech keeping us up…
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Screen Shot 2018-02-20 at 8.06.27 AM.png
Screen Shot 2018-02-20 at 7.17.19 AM.png
fehro
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Re: 02/20/2018 Live Update

Post by fehro »

look to *AGRICULTURE commodities for possible longer term swings… DYODD - http://etfdb.com/etfdb-category/agricul ... mmodities/
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Screen Shot 2018-02-20 at 8.14.52 AM.png
Last edited by fehro on Tue Feb 20, 2018 12:42 pm, edited 1 time in total.
fehro
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Re: 02/20/2018 Live Update

Post by fehro »

March 4th Italian elections, and I believe we find out if Merkel's German Coalition holds - https://www.themaven.net/mishtalk/polit ... z4WcZyL1Kw

be very careful.. with the USdollar on that weekend…. look for possible HUGE moves in the USD, Gold, Oil.. fwiw
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Cobra
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Re: 02/20/2018 Live Update

Post by Cobra »

bears probably was over for today. still seems the old days are back, the market simply refuse any pullbacks even it's temporary.
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Trades with cats
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Re: 02/20/2018 Live Update

Post by Trades with cats »

Opening range broken in both directions. Overnight low tested and held an hour and a half ago but the upward bias, as we have seen so many times before, didn't really kick in until after the European close.

Tin foil hat theory- the bots don't want to lift the market until that extra 10% or so of volume coming in from Europe goes away, in fact the steady upward drift seems to happen during the lowest volume part of the day.
Trades with cats
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Re: 02/20/2018 Live Update

Post by Trades with cats »

Tin foil hat theory for extra credit.

If the market takes off for new highs before the US Treasury finishes it's massive funding program then pension funds will be dumping equities and buying bonds to re balance. If the equity market plunges and bonds hold, then the opposite, so the logic follows that the Fed and the Treasury both need steady to up moving equity markets. The 10 or so direct Fed auction participant money center banks (several of which are of course the primary owners of the Federal Reserve) are contractually obligated to be the buyers of last resort at each and every Treasury auction.

If you can't write two paragraphs about a conspiracy to prop the markets based on the above information NO CREDIT FOR YOU! :lol: :lol: :lol:
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