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03/16/2018 Live Update

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Al_Dente
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Re: 03/16/2018 Live Update

Post by Al_Dente »

SMALLS, wider shot, 60min
Smalls failed at the Jan highs (red arrows)
Still in an uptrend channel (gray)
I think it should head lower to test the bottom gray-line of the channel, but the bears may continue covering to capture their profits. Who wants to hold short over the weekend with a chart like this?
It’s not in the bear den until it moves into the red-shaded zone (the rough equivalent of a 10dma)
btw: smalls usually hate neat little channels
316iwm 60.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 03/16/2018 Live Update

Post by Al_Dente »

HAPPY HOUR
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 03/16/2018 Live Update

Post by Trades with cats »

I have a daily SPX chart now. It looks like the market could close below the 50 day moving average, again.
fehro
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Re: 03/16/2018 Live Update

Post by fehro »

mind those weekly charts.. QQQ/IWM dark clouds… SPY DIA .. still lower highs.. TLT leans bullish.. and VIX green ish .. inv hammer
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Cobra
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Re: 03/16/2018 Live Update

Post by Cobra »

my guess.
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Cobra
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Re: 03/16/2018 Live Update

Post by Cobra »

goes as expected.
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Daniel
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Re: 03/16/2018 Live Update

Post by Daniel »

Al_Dente wrote:2min chart.. QQQ, the gorilla, now at knock-FOUR-times at the gap
QQQ, the gorilla, has been re-enacting the fable of The Bull Bar and the 5 little Dwarfs the last hour+, as it has formed four straight NR-7 tiny range bars, all going precisely sideways.

Anybody got a 'Bulkowski' on that?
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Cobra
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Re: 03/16/2018 Live Update

Post by Cobra »


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Cobra
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Re: 03/16/2018 Live Update

Post by Cobra »

well, guess that's it for today. Monday has been generally bull friendly. thank you guys, I'll see you in another thread soon.

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Trades with cats
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Re: 03/16/2018 Live Update

Post by Trades with cats »

WOW! That was a close, talk about games!
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