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04/06/2018 Live Update

Re: 04/06/2018 Live Update

Postby te_fern » Fri Apr 06, 2018 11:04 am

Nope...
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Re: 04/06/2018 Live Update

Postby te_fern » Fri Apr 06, 2018 11:05 am

If Powell says something positive, we are setting up for a good bounce....
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Re: 04/06/2018 Live Update

Postby Trades with cats » Fri Apr 06, 2018 11:08 am

ES 2619 area happens to be an S3 support pivot, the overnight low and a price level that has been tested multiple times. It clearly has to be a major line in the sand today.
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Re: 04/06/2018 Live Update

Postby Trades with cats » Fri Apr 06, 2018 11:10 am

Note to wave counters from the usually bullish Coolbizone this morning. He is flat and in cash saying "When in doubt, get out".
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Re: 04/06/2018 Live Update

Postby fehro » Fri Apr 06, 2018 11:11 am

fehro wrote:indexes struggle to fill gaps and move over MAs .. so far.. mind /ES oLOD to be tested



come to papa :roll: .. almost here.. worse case SPX 200d SMA 2693.82
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Re: 04/06/2018 Live Update

Postby te_fern » Fri Apr 06, 2018 11:13 am

This line seems to be working so far....
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Re: 04/06/2018 Live Update

Postby Cobra » Fri Apr 06, 2018 11:16 am

this bear may have legs. maybe a downtrend day.
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Re: 04/06/2018 Live Update

Postby K447 » Fri Apr 06, 2018 11:19 am

fehro wrote:.. worse case SPX 200d SMA 2693.82


2593 seems more reasonable ;)
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Re: 04/06/2018 Live Update

Postby fehro » Fri Apr 06, 2018 11:21 am

te_fern wrote:This line seems to be working so far....


/ES as well.. but may undercut oLOD blow out stops? .. and test 2617ish
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Re: 04/06/2018 Live Update

Postby 1der » Fri Apr 06, 2018 11:22 am

te_fern wrote:If Powell says something positive, we are setting up for a good bounce....


Until THE Tweet that contradicts the positive ??
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Re: 04/06/2018 Live Update

Postby Daniel » Fri Apr 06, 2018 11:33 am

This, at least, has been a more thorough retest of those steep declines overnite. Around 7pm or so SPY/QQQ were down ca 1.5%,
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Re: 04/06/2018 Live Update

Postby Trades with cats » Fri Apr 06, 2018 11:37 am

Could have been a good day for London/Frankfurt day traders playing the ES. Buy the open for a repeat of the last Tarrif twitter battle and hold until the US market settles down, then short on weakness, close out before the 11:30 New York time end of the day. A nicely profitable day to end the week. :)
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Re: 04/06/2018 Live Update

Postby fehro » Fri Apr 06, 2018 11:37 am

fehro wrote:
te_fern wrote:This line seems to be working so far....


/ES as well.. but may undercut oLOD blow out stops? .. and test 2617ish


after a lunch time grind up .. of course.. :roll: :lol: … we will see
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Re: 04/06/2018 Live Update

Postby fehro » Fri Apr 06, 2018 11:43 am

K447 wrote:
fehro wrote:.. worse case SPX 200d SMA 2693.82


2593 seems more reasonable ;)


whoops :oops: yes.. not enough coffee this morning
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Re: 04/06/2018 Live Update

Postby Trades with cats » Fri Apr 06, 2018 11:45 am

ES VWAP at 2641.25. Price is within 1 deviation, that is the noise range. Would anybody in their right mind be short going into a Fed Chair speech on the state of the economy. :o
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Re: 04/06/2018 Live Update

Postby te_fern » Fri Apr 06, 2018 11:47 am

S2 pivot is proving to be resistance....
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Re: 04/06/2018 Live Update

Postby te_fern » Fri Apr 06, 2018 11:48 am

Trades with cats wrote:ES VWAP at 2641.25. Price is within 1 deviation, that is the noise range. Would anybody in their right mind be short going into a Fed Chair speech on the state of the economy. :o


And after this big drop already today!! :D
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Re: 04/06/2018 Live Update

Postby Cobra » Fri Apr 06, 2018 12:08 pm


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Re: 04/06/2018 Live Update

Postby Trades with cats » Fri Apr 06, 2018 12:17 pm

Everybody ready to play out guess the Algos when his speech is released. Will it be normal Fed day rules or something else?
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Re: 04/06/2018 Live Update

Postby Cobra » Fri Apr 06, 2018 12:40 pm

mini rebound target. exceeds it then the low might be in for today.
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