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04/20/2018 Live Update

fehro
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Re: 04/20/2018 Live Update

Post by fehro »

SPX bounces at Mon's gap.. and KEY level 2665-75.. making the weekly candle very ugly gravestone into the 20w SMA .. bears in control
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Al_Dente
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Re: 04/20/2018 Live Update

Post by Al_Dente »

AAPL reports Tuesday, May 1
Happens every quarter: like clockwork, “everyone” is lowering expectations, scared because semis weak, because guessing...
One day they’ll be right

"read between the lines"
https://money.usnews.com/investing/stoc ... aapl-stock
Last edited by Al_Dente on Fri Apr 20, 2018 11:29 am, edited 2 times in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
K447
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Re: 04/20/2018 Live Update

Post by K447 »

Al_Dente wrote:AAPL reports next Tuesday, May 1
...
Well, that Tuesday is 7 trading days away.
fehro
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Re: 04/20/2018 Live Update

Post by fehro »

fehro wrote:SPX bounces at Mon's gap.. and KEY level 2665-75.. making the weekly candle very ugly gravestone into the 20w SMA .. bears in control

weak.. mind Mon's gap QQQs nLOD
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Al_Dente
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Re: 04/20/2018 Live Update

Post by Al_Dente »

K447 wrote:
Al_Dente wrote:AAPL reports next Tuesday, May 1
...
Well, that Tuesday is 7 trading days away.
correct :D
not "next" Tuesday but Tuesday, May 1
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 04/20/2018 Live Update

Post by fehro »

fehro wrote:/ES mind the triangle… H&S on SPY yLOD goes measured move -$3.85 from yLOD.. "IF" we break down hard.. mind all the open gaps under us

ding ding
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Trades with cats
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Re: 04/20/2018 Live Update

Post by Trades with cats »

Bill Bane's morning porridge, re-posted at Zero Hedge. He lit into Apple essentially asking how long people would continue to pay higher prices for something where the price should be falling rapidly. The numbers from others imply we may be there, the great inflection point. It would explain why Cook is willing to take the risk and immense expense to vertically integrate and capture a larger percent of what could be shrinking margins. Anyway when a big time guy in a London high rise starts casting doubts then clearly the "establishment" as in major pension fund advisers, are worried.
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Re: 04/20/2018 Live Update

Post by Trades with cats »

I hope everybody saw the explanation for the stick save on VIX yesterday https://www.zerohedge.com/news/2018-04- ... ock-market. Saving that for the next VIX roll over. I am guessing it is exploding higher today.
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Al_Dente
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Re: 04/20/2018 Live Update

Post by Al_Dente »

Al_Dente wrote:AD at 11:14 ET
NY declining stocks = 2.9 x advancing stocks
NY declining volume = 2.4 x advancing volume

(these were 2x and 1x just an hour ago)...
AD at 12:18 ET
NY declining stocks = 2.1 x advancing stocks
NY declining volume = 1.6 x advancing volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Re: 04/20/2018 Live Update

Post by Trades with cats »

Zerohedge claiming the currency markets are taking the DNC lawsuit seriously. I am thinking that Jesse Livermore was correct when he said "the market makes the news".
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Re: 04/20/2018 Live Update

Post by Trades with cats »

Yesterday morning there was a ten point bounce between down legs, just say'in. :)
Wallstreetrader
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Re: 04/20/2018 Live Update

Post by Wallstreetrader »

Good B point :idea:
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Cobra
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Re: 04/20/2018 Live Update

Post by Cobra »

double bottom or not, will have to wait and see. my guess is not.
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Cobra
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Re: 04/20/2018 Live Update

Post by Cobra »

I was at dentist office so missed this short. Now I need see whether bears can make a breakout here or bulls can make a double bottom here.
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fehro
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Re: 04/20/2018 Live Update

Post by fehro »

SPX at VERY key support.. we sideways all day.. look to a big gap on Monday
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crawford glissadevil
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Re: 04/20/2018 Live Update

Post by crawford glissadevil »

fehro wrote:SPX at VERY key support.. we sideways all day.. look to a big gap on Monday
Another reason 2665 is Very key support? Any penatration below 2665 invalidates an Eliott Wave impulse wave up from the early April lows. 8-)
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Cobra
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Re: 04/20/2018 Live Update

Post by Cobra »

mini rebound target, exceed it first bulls need.
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Re: 04/20/2018 Live Update

Post by Trades with cats »

I have ES VWAP at 2675.50, so confident we will touch that sometime. The 11:30 ish peak at 2678.75, sitting at the S1 pivot looks like a possible second target.
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Re: 04/20/2018 Live Update

Post by Trades with cats »

ES VWAP 2674.75 and rising. About to see if it offers any support.
fehro
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Re: 04/20/2018 Live Update

Post by fehro »

fehro wrote:SPX at VERY key support.. we sideways all day.. look to a big gap on Monday
Triangle.. into the close.. look to a 10+point gap Monday
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