03/23/2018 Live Update

[brokebybernacke2]

[quote="fehro"]SPX bulls .. tryin to see a bullish falling wedge… /ES hasn't taken out oLOD or VIX oHOD… SPX gap… so close…[/quote.

nice pic - weak day - could be a "Stormy" weekend carryover into next week

biggest risk to market is our CIC - legalities are piling up quick....backup choices aren't so hot...

[Al_Dente]

EU got temporary exemption from tariffs
They want it to be permanent

Is that a good news for the market?

off topic:
biggest import from china = electronics
biggest exports to china = transportation and electronics
https://www.zerohedge.com/sites/default ... k=HkjNuRH9

[Al_Dente]

within moments
supposedly he will sign the bill

[Al_Dente]

they are frontrunning the bill signing

[Heck]

Anyone know the CPCE ratio?

117% at 1 PM EDT

BUY

[Cobra]

possible double bottom.

[Al_Dente]

per Fehro’s Bundo
update

[fehro]

per Fehro’s Bundo
update

The attachment 323fehro2.png.png is no longer available

Stopped cold at Mar 2 lows… mind a wedge retest.. and gap fill still.. or red channel fwiw… sell the rip.. vs buy the dip that wedge is too ugly of a pattern

[Al_Dente]

[save for later]
Tech companies are feeling the weight of rising costs in cities like San Francisco and New York City.
Here’s where tech startups are moving:
https://www.inc.com/david-brown/aols-st ... -next.html

off topic:
read Rand Paul's tweets last night and this morning, as he tries to read the 2,000-page spending bill, and notes specific pork

[Al_Dente]

China said it failed to win an exclusion for tariffs on steel and aluminum, while Washington gave exclusions to others such as Canada, Australia and the 28-nation EU.

[Al_Dente]

trade wars:

[Al_Dente]

Fehro’s latest was: “mind a wedge retest”
ok then…….

[Cobra]

another mm, could be short of the target which if indeed it's good news for bulls.

[Al_Dente]

Does INDU lead? Yes, often/not always; follow the lime
Does NYAD lead? Yes, often/not always; follow the shaded area (NYAD is straight, not percentage)
TODAY ONLY, percent, 5 minutes:

[Al_Dente]

Bloomberg says oil’s pop is due to Bolton’s appointment… He’ll crush Iran’s oil thing, reducing their output
(crudely paraphrased)

[fehro]

per Fehro’s Bundo
update

The attachment 323fehro2.png.png is no longer available

Stopped cold at Mar 2 lows… mind a wedge retest.. and gap fill still.. or red channel fwiw… sell the rip.. vs buy the dip that wedge is too ugly of a pattern

cheeky SPX .. mind the gap

[Al_Dente]

FB is down -12.57% on the week
Here’s the daily
Please note the volume after today’s close (is selling volume drying up ??)

[MrMiyagi]

HAPPY HOUR PERMANENTLY CANCELLED

[fehro]

per Fehro’s Bundo
update

The attachment 323fehro2.png.png is no longer available

Stopped cold at Mar 2 lows… mind a wedge retest.. and gap fill still.. or red channel fwiw… sell the rip.. vs buy the dip that wedge is too ugly of a pattern

cheeky SPX .. mind the gap

[Al_Dente]

HAPPY HOUR