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03/21/2018 Live Update

Daniel
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Re: 03/21/2018 Live Update

Post by Daniel »

te_fern wrote:Maybe why the SPX is struggling right here....
Also, after kabooming thru resistance earlier this AM, the smallcaps have stalled for about an hour just beneath that daily high. They were clear leaders earlier.

UUP just hit another hod, although it is not ranging widely.
fehro
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Re: 03/21/2018 Live Update

Post by fehro »

fehro wrote:/ES 15m .. triangle.. fwiw
yellow area .. HFT FOMC fireworks "possible" range… triangle restest … or break… so 2740-2705 ish either up down up… or down up down :roll: typical 3 point move.. 1st two moves head fakes.. blow out stops above and below.
all for what it's worth :roll:
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Cobra
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Re: 03/21/2018 Live Update

Post by Cobra »

the pullback likely would be bought.
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Smaills just back under the trend line.....
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Just had my 30 minute walk, ready for the FOMC!!
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Daniel
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Re: 03/21/2018 Live Update

Post by Daniel »

fehro wrote:1st two moves head fakes.. blow out stops above and below.
Wow. They just blew out all the shorts with buy stops.
Daniel
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Re: 03/21/2018 Live Update

Post by Daniel »

Now total reversal, snacking on all the sell stops.
Ended up about an 18-20 point range 5min bar on SPX.
te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Crazy up and down.....
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Al_Dente
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Re: 03/21/2018 Live Update

Post by Al_Dente »

rate hike
$TNX yield hit 29.27 today
the old high was 29.43 (2.94% yield) on 1/21
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: 03/21/2018 Live Update

Post by Al_Dente »

FED RAISES RATES QUARTER POINT, SIGNALS TWO MORE HIKES IN 2018
*FED ESTIMATES SHOW STEEPER PATH FOR RATE INCREASES IN 2019-20
*FED SAYS `ECONOMIC OUTLOOK HAS STRENGTHENED IN RECENT MONTHS'
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Levered smalls hanging in there!!
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Cobra
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Re: 03/21/2018 Live Update

Post by Cobra »

maybe now the market decides to go up?
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

The VIX said 'what FOMC meeting'?? LOL!!
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fehro
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Re: 03/21/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:/ES 15m .. triangle.. fwiw
yellow area .. HFT FOMC fireworks "possible" range… triangle restest … or break… so 2740-2705 ish either up down up… or down up down :roll: typical 3 point move.. 1st two moves head fakes.. blow out stops above and below.
all for what it's worth :roll:
triangle retest.. and bounce.. SPX stalls at 20d SMA 2735ish
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Screen Shot 2018-03-21 at 11.20.00 AM.png
te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

May get some more ST volatility with the news conference coming up.....
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fehro
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Re: 03/21/2018 Live Update

Post by fehro »

fehro wrote: triangle retest.. and bounce.. SPX stalls at 20d SMA 2735ish
wild swings in bonds gold dollar… 20d SMA holds SPX so far
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Al_Dente
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Re: 03/21/2018 Live Update

Post by Al_Dente »

powell live now
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brokebybernacke2
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Re: 03/21/2018 Live Update

Post by brokebybernacke2 »

Jerome do u have our backs?? paging JANET!
Daniel
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Re: 03/21/2018 Live Update

Post by Daniel »

Cobra wrote:maybe now the market decides to go up?
Um, maybe not. Did Mr. Powell just say something off-color?
Daniel
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Re: 03/21/2018 Live Update

Post by Daniel »

Last 15min has been rought on SPY and esp QQQ... but the smallcaps are still hanging in, holding the 15min 20ema.

..update: relentless selling in QQQ, SPY; but IWM is finding support at the much-discussed 157 level, prior resistance.
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