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03/07/2018 Live Update

03/07/2018 Live Update

Postby Cobra » Wed Mar 07, 2018 10:23 am

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testing ema20, might be rejected...
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ES60min.png

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Re: 03/07/2018 Live Update

Postby Cobra » Wed Mar 07, 2018 10:26 am


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Re: 03/07/2018 Live Update

Postby tim-follows » Wed Mar 07, 2018 10:29 am

spypf.png
double top spy, down towards 269,
EH has nice bear flag on 60mins overnight.....
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Re: 03/07/2018 Live Update

Postby Trades with cats » Wed Mar 07, 2018 10:31 am

from Twitter this morning, so watch out!
BREAKING: @realDonaldTrump will speak LIVE shortly after 3pET during @ClamanCountdown He will take a few questions, no doubt his answers *could* move stocks if he talks #trade #tariffs TUNE IN NOW @FoxBusiness
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Re: 03/07/2018 Live Update

Postby fehro » Wed Mar 07, 2018 10:39 am

gaps not pretty… buckle up… testing yLOD resistance.. gap downs… mind the SPX 20d 2700.00 it goes.. look for a possible very large range day down.
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Re: 03/07/2018 Live Update

Postby Trades with cats » Wed Mar 07, 2018 10:41 am

Invesdter RT Cohen.png
From FT 71, Cohen resignation using Investor RT software


Nice view of Cohen resignation.
This is the market view of a Chicago based broker/trader using price action not indicators.
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Re: 03/07/2018 Live Update

Postby ccash04 » Wed Mar 07, 2018 10:42 am

Perfect, now can short even more.

Yields falling up, do not see how equities do not get crushed today.
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Re: 03/07/2018 Live Update

Postby Trades with cats » Wed Mar 07, 2018 10:47 am

Targets from FT71 s morning briefing. Bull run 2715, 2719 then back to scene of the crime , 2725. Bear run up to 2715 then down to 2674, then 2645 Friday's low. FWIW
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Re: 03/07/2018 Live Update

Postby Cobra » Wed Mar 07, 2018 11:04 am


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Re: 03/07/2018 Live Update

Postby fehro » Wed Mar 07, 2018 11:04 am

mind AAPLS H&S 174.25 neckline key… 60m.. breaks look for -$8.25 drop… 20d/50d key 171ish confluence.. it goes.. then gap 169-167ish
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Re: 03/07/2018 Live Update

Postby Cobra » Wed Mar 07, 2018 11:04 am

it's morning hourly hollow red.
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Re: 03/07/2018 Live Update

Postby Trades with cats » Wed Mar 07, 2018 11:05 am

Coobizone has tweeted that he is looking at an ES head and shoulder, sitting short looking for 2681.25. Yesterday morning he went short 20 cars before the open with a resting order to cover at 2711.25. Nice start to his morning! Yes he tweeted his account statement so we could see he really did get the low.
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Re: 03/07/2018 Live Update

Postby Al_Dente » Wed Mar 07, 2018 11:18 am

Surprising squeeze on smalls brings TNA within 25cents of the “V” formation target
Near enough to call “target met”
oy
15m
37target met.png.png
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Re: 03/07/2018 Live Update

Postby Al_Dente » Wed Mar 07, 2018 11:30 am

TNA HOD 73.22 :shock:
That “target” is now a POTENTIAL double top, bust thru that (convincingly) will trigger more short covering and a massive-measured move up
Breakdown at POTENTIAL double top and gravity takes hold, at least temporarily.........
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Re: 03/07/2018 Live Update

Postby Trades with cats » Wed Mar 07, 2018 11:31 am

Another nice thing about the smalls, the rest of the world doesn't trade them so things are pretty much a US regular hours only show. Makes it easier to sleep at night if you are holding! If only the volume would pick up a little, the lack of liquidity is scary unless you play swings, in my opinion.
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Re: 03/07/2018 Live Update

Postby Trades with cats » Wed Mar 07, 2018 11:34 am

Al_Dente wrote:TNA HOD 73.22 :shock:
That “target” is now a POTENTIAL double top, bust thru that (convincingly) will trigger more short covering and a massive-measured move up
Breakdown at POTENTIAL double top and gravity takes hold, at least temporarily.........

Kinda expected something when the big headline this morning before the open on Zero hedge was "The last Jedi has fallen".
Now they have old Wilbur out there in a reporter scrum claiming they aren't going to blow up the world financially. I am sure the Hover administration said the same thing. :(
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Re: 03/07/2018 Live Update

Postby Al_Dente » Wed Mar 07, 2018 11:37 am

Trades with cats wrote:
Al_Dente wrote:TNA HOD 73.22 :shock:
That “target” is now a POTENTIAL double top, bust thru that (convincingly) will trigger more short covering and a massive-measured move up
Breakdown at POTENTIAL double top and gravity takes hold, at least temporarily.........

Kinda expected something when the big headline this morning before the open on Zero hedge was "The last Jedi has fallen".
Now they have old Wilbur out there in a reporter scrum claiming they aren't going to blow up the world financially. I am sure the Hover administration said the same thing. :(

shocked the hell outta me; white knuckle all the way
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Re: 03/07/2018 Live Update

Postby Al_Dente » Wed Mar 07, 2018 11:59 am

Same 15min chart
Just visually, the chart of smalls (on top) vs spx (on bottom) is startling in its divergence
Does one or the other have to catch up/catch down. No, they don’t “have to” do nothin’
NYUPV (middle) in this chart is the old Bloomberg “closing barometer” that I’ve tweaked a bit. Recall that institutions trade EOD which tends to “predict” their preference for next day. Recall I wanted EOD volume above/below the line to show institutional conviction/no conviction for next day.
So far, so good…......

37fifteen.png.png
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Re: 03/07/2018 Live Update

Postby tim-follows » Wed Mar 07, 2018 12:02 pm

Al_Dente wrote:
Trades with cats wrote:
Al_Dente wrote:TNA HOD 73.22 :shock:
That “target” is now a POTENTIAL double top, bust thru that (convincingly) will trigger more short covering and a massive-measured move up
Breakdown at POTENTIAL double top and gravity takes hold, at least temporarily.........

Kinda expected something when the big headline this morning before the open on Zero hedge was "The last Jedi has fallen".
Now they have old Wilbur out there in a reporter scrum claiming they aren't going to blow up the world financially. I am sure the Hover administration said the same thing. :(

shocked the hell outta me; white knuckle all the way



Do either yourself or Cats look at the RTY futures in CME globex?
During usa day hours the smalls have been leading spy and qqq for past few days
the emini options mart is a big adventure....could not believe the gift i was given by our administration last night :geek:

Im watching and wondering if i am greater fool by holding some small shorts (most out last night).....
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Re: 03/07/2018 Live Update

Postby Al_Dente » Wed Mar 07, 2018 12:09 pm

tim-follows wrote:
Al_Dente wrote:
Trades with cats wrote:
Al_Dente wrote:TNA HOD 73.22 :shock:
That “target” is now a POTENTIAL double top, bust thru that (convincingly) will trigger more short covering and a massive-measured move up
Breakdown at POTENTIAL double top and gravity takes hold, at least temporarily.........

Kinda expected something when the big headline this morning before the open on Zero hedge was "The last Jedi has fallen".
Now they have old Wilbur out there in a reporter scrum claiming they aren't going to blow up the world financially. I am sure the Hover administration said the same thing. :(

shocked the hell outta me; white knuckle all the way

Do either yourself or Cats look at the RTY futures in CME globex?
During usa day hours the smalls have been leading spy and qqq for past few days
the emini options mart is a big adventure....could not believe the gift i was given by our administration last night :geek:
Im watching and wondering if i am greater fool by holding some small shorts (most out last night).....

i trade cash, leveraged
cats trades futures
re: "greater fool" small shorts. they are sooooo overbought (intraday), they gotta correct (soon?) but the recent pullbacks have been sooooo brief

Off topic:
I saw Oscar’s Best Picture “The Shape of Water” last night
Sorry, I can’t recommend it
Ugh
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