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03/02/2018 Live Update

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Cobra
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03/02/2018 Live Update

Post by Cobra »

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double bottom or not wait and see. bias is down though.
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Cobra
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Re: 03/02/2018 Live Update

Post by Cobra »


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brokebybernacke2
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Re: 03/02/2018 Live Update

Post by brokebybernacke2 »

green zone up next, but mac d bad cross, bounce will have to be strong from 2630-40 range or next red rectangle in play....

headline floating...contrarian makes contrarian me think we might have chances on next bounce ...
https://www.zerohedge.com/news/2018-03- ... pened-next
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Cobra
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Re: 03/02/2018 Live Update

Post by Cobra »


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fehro
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Re: 03/02/2018 Live Update

Post by fehro »

buckle up for the upside… too many bears Put/Call 1.29 Equites 1.61 :shock: :roll:

look to 20d SMA "should" we have a little profit taking short covering rally .. not sure.. NDX/COMPQ ugly.. gapped down under 20d/50d .. not good
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Cobra
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Re: 03/02/2018 Live Update

Post by Cobra »

mini rebound target. before that, bulls no hope.
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Daniel
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Re: 03/02/2018 Live Update

Post by Daniel »

QQQ, XLK struggling with resistance at yest's lows.
SPY as well.. but weaker, almost no time spent above, so far this AM
Last edited by Daniel on Fri Mar 02, 2018 11:08 am, edited 1 time in total.
fehro
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Re: 03/02/2018 Live Update

Post by fehro »

fehro wrote:buckle up for the upside… too many bears Put/Call 1.29 Equites 1.61 :shock: :roll:

look to 20d SMA "should" we have a little profit taking short covering rally .. not sure.. NDX/COMPQ ugly.. gapped down under 20d/50d .. not good
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Screen Shot 2018-03-02 at 7.06.34 AM.png
Daniel
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Re: 03/02/2018 Live Update

Post by Daniel »

IWM second day of RS vs the other majors. First (only) to gap fill today.

Dollar index struggling to hold 90, currently just a couple ticks below.
Last edited by Daniel on Fri Mar 02, 2018 11:59 am, edited 1 time in total.
tim-follows
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Re: 03/02/2018 Live Update

Post by tim-follows »

some minor breadth and tech diverergences
qqq.png
seems upticks next few weeks are sellinopps..
spy30min.png
fehro
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Re: 03/02/2018 Live Update

Post by fehro »

Daniel wrote:IWM second day of RS vs the other majors. First (only) to gap fill today.

Dollar index struggling to hold 90, currently just a couple ticks below.
Big weekend for the dollar.. Italian Elections, and German coalition vote… those go badly.. be prepared for a "HUGE" move up in the USdollar. DXY >20d tested 50d y .. could explode up over the weekend..mind gold.. /GC stalling at 50d SMA today
Daniel
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Re: 03/02/2018 Live Update

Post by Daniel »

fehro wrote:Big weekend for the dollar.. Italian Elections, and German coalition vote… those go badly..
What would constitute "going badly"..?
Daniel
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Re: 03/02/2018 Live Update

Post by Daniel »

No flight into bonds today, 10 yr yield is back up to 2.85%.

From Briefing.com:
"Treasuries have given back the bulk of their Thursday gains, pushing yields back towards their flat lines for the week. The benchmark 10-yr yield is up five basis points today and is down just two basis points for the week."
Last edited by Daniel on Fri Mar 02, 2018 12:07 pm, edited 1 time in total.
tim-follows
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Re: 03/02/2018 Live Update

Post by tim-follows »

echoes of past bonehead econ ideas

and 30% whack to markets!
https://www.zerohedge.com/news/2018-03- ... pened-next

russles 30 mins and hourlys look safer with divergences atm, here is 2 hour
iwm2HR.png

https://www.zerohedge.com/news/2018-03- ... pened-next
fehro
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Re: 03/02/2018 Live Update

Post by fehro »

INDEX etf's … fugly
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Screen Shot 2018-03-02 at 8.05.39 AM.png
fehro
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Re: 03/02/2018 Live Update

Post by fehro »

Daniel wrote: What would constitute "going badly"..?

Merkel Coalition vote fails = new election, Italian Euro septic gain power… = weak EURO strong USD,

DAX is on the edge of a cliff already Weekly DAX erased 14months of gain.. back to Jan 2017
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Screen Shot 2018-03-02 at 8.08.58 AM.png
tim-follows
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Re: 03/02/2018 Live Update

Post by tim-follows »

spy weekly option squeeze
basic OI says 268 or 265 pin risk
site loads slow....

https://www.nasdaq.com/symbol/spy/optio ... ateindex=1
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Cobra
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Re: 03/02/2018 Live Update

Post by Cobra »

possible mm
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fehro
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Re: 03/02/2018 Live Update

Post by fehro »

RUT leads the pack.. QQQs SPY struggle to fill gaps.. IWM tags 20d SMA RUT 2 points short
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JFR
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Re: 03/02/2018 Live Update

Post by JFR »

SPY daily. Just plain ugly. Chaotic. Random. Extreme. LOL
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