Page 3 of 5

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 11:50 am
by fehro
Trades with cats wrote:fehro, John Kemp has been posting charts showing that the Hedge funds are reducing their long exposure to oil. News yesterday was Saudi IPO may be delayed into next year which I translate as they can't get crude high enough to make their goal.


chart patterns.. "foretell" what is unknown to all from the few in the know front running the move. .. :roll: :lol: :lol:

$59 VERY key.. white line weekly Left chart.. blue line middle chart neckline… it goes .. red line $56 left weekly, that goes then $50 in a hurry = H&S daily target .. fwiw

And when the patterns break a self fulfilling prophecy :roll:

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 11:51 am
by Al_Dente
intraday internals
AD roughly 1-to-1
chop
either side could take this
(can change quickly)
313internal.png.png

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 11:52 am
by Trades with cats
VWAP is 12 points away and falling. It almost always tags up sometime later in the day. Daily Pivot Point is halfway between price and VWAP I wouldn't be surprised to see it come into play.

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 11:55 am
by te_fern
Trades with cats wrote:VWAP is 12 points away and falling. It almost always tags up sometime later in the day. Daily Pivot Point is halfway between price and VWAP I wouldn't be surprised to see it come into play.


PL suggested it would be more bearish to have a bounce up (about where you are talking about) and then a break down and thru the triple support. Could be setting up for a pretty negative day....

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 11:55 am
by Trades with cats
CL point figure.png
Another opinion on CL

This guy confirms ferho's view using a different method.

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 11:58 am
by Trades with cats
Yesterday's close looking like the Maginot line so far as we chop along looking for lunch.

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 11:58 am
by te_fern
Coolbiz is also getting cautious stating:

SPX 2789 is a huge resistance, today is the second day it tried and it must close above 2789 for confirmation as per march 7th Tweet and before.
If it CAN NOT close above in coming days, its likely that it may go for a retest of 2533 in a W leg, be aware

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:01 pm
by Cobra

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:05 pm
by Cobra
this bear may have legs?

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:09 pm
by Trades with cats
Last Thursday the 7th was the last time we had this level of volume but it had much higher volatility in the late morning selling and the early afternoon turn around. On the longer time frame 15 minutes, this is relentless. Clearly some of the big boys have lost faith in the up side, or are putting a reef in their sails while they still can.

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:10 pm
by fehro
fehro wrote:
fehro wrote:
fehro wrote:
fehro wrote:Put/calls hit extremes 0.54 equites 0.40 :roll: :shock: mind the morning gaps.


QQQs fill gap.. mind yGAP still open… SPY IWM lag infills.. VIX fills gap at HOD trying to green



mind those outside reversals on QQQ NDX CPMQ dailies.. into the close



SPX 5m possible double top 2 days.. LOD yLOD goes.. looking to 2759.. near Fri's open gap.. buckle up . need VIXes to take out yHODs and 50d SMA


mind those 20d/50d … Fri's gaps.. VIX nears 50d 16.61 key

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:11 pm
by te_fern
Support Pivot 2 coming up....

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:15 pm
by Al_Dente
[SAVE FOR LATER]
A different view of BUYBACKS:
“Our goal is to highlight some key myths related to stock repurchase activity for US publicly traded firms. Because so much of the recent criticism of share repurchases relies on these myths, we conclude that this criticism is, to a large extent, unfair.”
“First, while total dollars spent to repurchase shares is high today relative to history, companies are not “self-liquidating” as some claim since repurchases have largely been financed by debt issuance…
Second, there is no obvious link between aggregate repurchase activity and a decline in aggregate investment activity.
Third, aggregate repurchase activity is not, and cannot be, responsible for the strong equity market returns over the last 8 years. Therefore, more prosaically, share repurchasers are not “propping up the market.”
Fourth, aggregate repurchase activity is not associated with mechanical or automatic Earnings-Per-Share (EPS) growth as is often claimed.
Finally, we share a set of potential pitfalls of share repurchases that merit further consideration as, unlike these four, they might not be mythical. “
(13 page download)
https://papers.ssrn.com/sol3/papers.cfm ... id=3082460

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:23 pm
by Al_Dente
AD
Selling volume is now especially pronounced in the nasdaq
where bear selling is almost 2x bull, and AD issues on the nas are 1.79x biased bear
QQQ is back-testing that breakout ATH level from 9 march
[both just changed to 1.71x bear]

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:30 pm
by Trades with cats
Pasta Boss, make sure you have this one open at the same time. It is more like a coloring book because it is pretty much just charts, not much opinion or conclusion.
https://www.yardeni.com/pub/buybackdiv.pdf

And thanks for the evening reading. My partner is binge watching The Crown so I needed a good reason to retreat to my office after dinner!

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:39 pm
by Daniel
SPY spirited recovery so far off the day's recent low. About to test the (now downslope) 5min 20ema from below.. This level (ca 278.10 or so) is also yest's low.

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:46 pm
by Al_Dente
Trades with cats wrote:...................
https://www.yardeni.com/pub/buybackdiv.pdf

THANK YOU BOSS :D :D

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:52 pm
by Al_Dente
Remington prepares for bankruptcy
TOO MUCH DEBT
Volatile gun sales
[WSJ]

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 12:59 pm
by brokebybernacke2
Al_Dente wrote:Remington prepares for bankruptcy
TOO MUCH DEBT
Volatile gun sales
[WSJ]


that is just hard to believe - if u were'nt rollin in dough with obama fears years to float u forward, poorly poorly run co. low iq's..

Re: 03/13/2018 Live Update

PostPosted: Tue Mar 13, 2018 1:04 pm
by Al_Dente
brokebybernacke2 wrote:
Al_Dente wrote:.........
TOO MUCH DEBT

....poorly poorly run .....

:D