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Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 1:07 pm
by brokebybernacke2
looks ok so far, maybe back test of 50 ma at worse, which will be a bit higher by then..

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 1:40 pm
by Al_Dente
Tillerson is supposed to speak to the press 2:00 ET at State Dept

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 1:46 pm
by Al_Dente
SMALLS, SWING
Based on momentum
1) Pink pullback, boom down
2) Pink pullback, recovered up
3) Pink pullback, boom down [?]

Recency bias favors more down, which will be confirmed when smalls make a lower low
Alternatively, if up, we must see momo and price IMPROVE (price must break convincingly above the little-dash-red downtrend line) before taking on more longs
15min
313fifteen.png.png

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 2:12 pm
by Cobra
2nd leg down as expected. the tinted area is just to show where 100% mm is as now too early to say whether the 2nd leg down would make a new low.

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 2:12 pm
by Al_Dente
Tillerson now

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 2:46 pm
by fehro
SPX *50d 2745 *20d 2728 buckle up

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 2:54 pm
by Cobra
now fib 61.8% mm possible.

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:01 pm
by Al_Dente
HAPPY HOUR
Image

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:03 pm
by brokebybernacke2
fehro wrote:SPX *50d 2745 *20d 2728 buckle up
50d should happen, then we have a nice IHS on the 15 min for bulls to ponder

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:04 pm
by fehro
German DAX 12000 dangerous level.. is very close.. it goes.. look out below indexes.. tomorrow

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:11 pm
by fehro
brokebybernacke2 wrote:
fehro wrote:SPX *50d 2745 *20d 2728 buckle up
50d should happen, then we have a nice IHS on the 15 min for bulls to ponder
or we just gap under *50d SMA tomorrow… and leave and island top…. watch Germany 12000 -11900 DAX key

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:16 pm
by Trades with cats
Island top would be a real written across the sky in fire sort of a deal!

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:21 pm
by Trades with cats
15 minute Month to date 10 day relative volatility and volume
15 minute Month to date 10 day relative volatility and volume
Volume now at 102% while volatility only at 82%. This could get exciting for the guys at the big firms negotiating triple witch.

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:27 pm
by brokebybernacke2
fehro wrote:
brokebybernacke2 wrote:
fehro wrote:SPX *50d 2745 *20d 2728 buckle up
50d should happen, then we have a nice IHS on the 15 min for bulls to ponder
or we just gap under 20d SMA tomorrow… and leave and island top…. watch Germany 12000 -11900 DAX key
DAS DAX!

Da liegt der Hund begraben!

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:28 pm
by Daniel
SPY lod so far was a dime above the 61.8% fib on the basic Cobra 5min Stockchart--close enuf to count in my book, since LOD figures often revise later by about that much. Watch out for dip-buyers.

There is no evidence to support bearishness in a longer timeframe, not yet. And this week as Al Dente noted is historically a positive week by a significant factor. There have been so many ATHs hereabouts these past couple days, it is making me sneeze. One cannot be bearish.

There's still too much liquidity chasing too few cash-on-the-barrel real yields (imo). Until that eases, and even reverses, managers of $multibillion funds will have to come to the Watering Hole of stocks, howsoever dangerous that becomes, to drink muddy yields w low Sharpe-ratios.

:|

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:33 pm
by fehro
brokebybernacke2 wrote: DAS DAX!

Da liegt der Hund begraben!
:lol: :lol: :lol:

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:35 pm
by Al_Dente
smalls intraday POTENTIAL double bottom
smalls love double bottoms, but it's too late in the day now

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:38 pm
by Trades with cats
If a person was planning on being a dip buyer this is looking like the time and the price unless the retail ETFs dump a bunch of stock in the next 20 minutes.

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:40 pm
by Al_Dente
Al_Dente wrote:smalls intraday POTENTIAL double bottom
smalls love double bottoms, but it's too late in the day now
VOID

Re: 03/13/2018 Live Update

Posted: Tue Mar 13, 2018 3:44 pm
by Al_Dente
1) do we need to worry about the PA elections tonight?
2) what kind of reversal day is this?
(recall what cobra says about engulfing days)