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03/21/2018 Live Update

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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Don't like to play near the highs, but think this market will push higher....
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Got the break higher, now the hard part, holding for a bigger gain.....
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Daniel
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Re: 03/21/2018 Live Update

Post by Daniel »

te_fern wrote:Levered smalls are pushing to the upside this morning....
After dawdling for an hour, IWM suddenly spurted thru that resistance, and on to close the Monday down gap. (IWM currently 157.70)
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Daniel, maybe it was a bull flag....
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Staying in a narrow range before the FOMC meeting...
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

The options players are complaining about the premium kill with this sideways action......
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Can it break up to the first resistance pivot which is also near the 3 highs of yesterday????
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Looks like the levered smalls broke the line and came back and tested it. Can we break even higher???
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

PL's site was talking about the first move being a head fake. If we move up quick at 2:00, then I'll bail on my bios and wait to see what happens next.....
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Cobra
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Re: 03/21/2018 Live Update

Post by Cobra »

possible 100% mm.
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fehro
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Re: 03/21/2018 Live Update

Post by fehro »

SPX fwiw.. mind congestions 2724-2728ish then 20d then 50d
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Made it to the first pivot, lets get to Cobra's measured move!!
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Here we go....
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Daniel
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Re: 03/21/2018 Live Update

Post by Daniel »

te_fern wrote:Made it to the first pivot, lets get to Cobra's measured move!!
No sooner said than done. SPY hod, fulfilling the predicted move.
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Cobra
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Re: 03/21/2018 Live Update

Post by Cobra »

members only update at 12:05 pm
http://www.cobrasmarketview.com/2018/03 ... ay-update/

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Cobra
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Re: 03/21/2018 Live Update

Post by Cobra »

this bull shall have legs.
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Sold bios for coffee money. Just didn't react well with the runup. Will look for another opportunity...
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fehro
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Re: 03/21/2018 Live Update

Post by fehro »

fehro wrote:SPX fwiw.. mind congestions 2724-2728ish then 20d then 50d
cheeky… tag or not tagged? :roll: stalls
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te_fern
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Re: 03/21/2018 Live Update

Post by te_fern »

Maybe why the SPX is struggling right here....
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Daniel
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Re: 03/21/2018 Live Update

Post by Daniel »

Interesting. NYSE up/down volume is markedly better than Naz-- but the Naz advancers are outdoing the NYSE (nominally, since both are around 1800.. but that is better proportionally for the Nasdaq). Takeaway.. some big selling in largecap tech, but most Naz issues are up on the day.

Both Naz and NYSE advancers are not far off their HOD.
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