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04/17/2018 Live Update

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Cobra
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04/17/2018 Live Update

Post by Cobra »

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this bull may have legs.
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Cobra
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Re: 04/17/2018 Live Update

Post by Cobra »


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fehro
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Re: 04/17/2018 Live Update

Post by fehro »

/ES wedging up bearishly…. "IF" green line breaks otherwise upper yellow, cyan.. mind Sunday's gap :roll:

VIX expires tomorrow
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fehro
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Re: 04/17/2018 Live Update

Post by fehro »

mind the gap fade.. resistance of sorts at here
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fehro
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Re: 04/17/2018 Live Update

Post by fehro »

mind the 50d SMA gap ups and over.. mind the retests.. bulls need to hold 'em otherwise.. look to 20d
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Screen Shot 2018-04-17 at 6.39.16 AM.png
fehro
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Re: 04/17/2018 Live Update

Post by fehro »

fehro wrote:mind the gap fade.. resistance of sorts at here

out of the gaps from 2600-2710ish 110 points on the SPX .. mostly is open… about 85 points open air :shock: :? … be careful.. we fall .. could be breathtaking
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Cobra
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Re: 04/17/2018 Live Update

Post by Cobra »


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Re: 04/17/2018 Live Update

Post by Trades with cats »

Half hour into it and the market is a weak bull like yesterday. The low volume levitation overnight can easily reverse. We have seen some recent examples of that. Everybody and their cousin knows that ES 2720 is just a matter of when not if but clearly the market isn't buying into that idea just yet. So another rough day for us trend followers.
fehro
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Re: 04/17/2018 Live Update

Post by fehro »

SPX climbing the wall of worry.. and declining volume… :roll: pick your wedge/triangle/flag
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Screen Shot 2018-04-17 at 7.11.23 AM.png
daytradingES
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Re: 04/17/2018 Live Update

Post by daytradingES »

Trades with cats wrote:Half hour into it and the market is a weak bull like yesterday. The low volume levitation overnight can easily reverse. We have seen some recent examples of that. Everybody and their cousin knows that ES 2720 is just a matter of when not if but clearly the market isn't buying into that idea just yet. So another rough day for us trend followers.
dang I didn't get the memo! :)

why is 2720 just a matter of time?
Educational only and not trading advice (EO&NTA) :)
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Re: 04/17/2018 Live Update

Post by fehro »

nibble short SPX 2699.25
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Re: 04/17/2018 Live Update

Post by Trades with cats »

Well a whole lot of people on twitter with their own web sites have been calling for it for days. So as a retail investor I have been conditioned to expect that price. Or as Jim Cramer says, buy, buy, buy. ;) After the two legged strong overnight advance the New York session offering another nothing burger should be a source of confusion for the bulls.

On a none sarcastic note if we are in a topping process then these counter trend waves are supposed to pull the last of the bull money out of the mattress as a lack of buyers is the definition of the top. And now Goldman has added more weight to exhaustion with their announcement of no more stock buybacks in Quarter 2. We will see who follows their lead.
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Al_Dente
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Re: 04/17/2018 Live Update

Post by Al_Dente »

SKEW 131.47 last night
Finally folks are starting to buy OTM puts for protection
Not extreme yet
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
daytradingES
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Re: 04/17/2018 Live Update

Post by daytradingES »

Fehro
how do you trade the SPX directly?
are you in England?
Educational only and not trading advice (EO&NTA) :)
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Re: 04/17/2018 Live Update

Post by fehro »

fehro wrote:nibble short SPX 2699.25
nada.. too early.. trying to move over resistance
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Cobra
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Re: 04/17/2018 Live Update

Post by Cobra »

looks like an uptrend day.
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daytradingES
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Re: 04/17/2018 Live Update

Post by daytradingES »

Trades with cats wrote:Well a whole lot of people on twitter with their own web sites have been calling for it for days. So as a retail investor I have been conditioned to expect that price. Or as Jim Cramer says, buy, buy, buy. ;) After the two legged strong overnight advance the New York session offering another nothing burger should be a source of confusion for the bulls.

On a none sarcastic note if we are in a topping process then these counter trend waves are supposed to pull the last of the bull money out of the mattress as a lack of buyers is the definition of the top. And now Goldman has added more weight to exhaustion with their announcement of no more stock buybacks in Quarter 2. We will see who follows their lead.
Thanks.

I'm not on twitter (and no TV) so I guess that explains why I'm so out of it.
-not a big Crammer fan.
watched Jon Stewart pull him apart -
(they had a clip of him as a fund manager speaking of his contempt for the people he took)
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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Al_Dente
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Re: 04/17/2018 Live Update

Post by Al_Dente »

NY advancing stocks = 3.0 x declining stocks
NY advancing volume = 3.2 x declining volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 04/17/2018 Live Update

Post by Trades with cats »

Global twitter outage. Always a concern because if it is in your Google record that you went to zero hedge you could (following the Chinese model) be banned from public transportation in parts of California. :x
K447
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Re: 04/17/2018 Live Update

Post by K447 »

Trades with cats wrote:Global twitter outage. ...
Apparently just the twitter web site.

I use a third party client and tweets are still coming in.

TWTR stock currently running towards day highs :lol:
Last edited by K447 on Tue Apr 17, 2018 10:50 am, edited 1 time in total.
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