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04/24/2018 Live Update

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Cobra
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Re: 04/24/2018 Live Update

Post by Cobra »

any rebound has to exceed the mini target before bulls can have chances.
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fehro
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Re: 04/24/2018 Live Update

Post by fehro »

RUT/IWM last man standing >20d/50d… joins the party.. look to tag.. /CL starting to feel the heat.. it joins.. buckle up big time to the downside
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te_fern
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Re: 04/24/2018 Live Update

Post by te_fern »

S2 pivot didn't even slow it down....
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fehro
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Re: 04/24/2018 Live Update

Post by fehro »

fehro wrote:RUT/IWM last man standing >20d/50d… joins the party.. look to tag.. /CL starting to feel the heat.. it joins.. buckle up big time to the downside

mind VIX 20d/50d confluence.. over it.. last one to leave.. please turn off the lights :roll: :lol:
Wallstreetrader
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Re: 04/24/2018 Live Update

Post by Wallstreetrader »

These was an hs activeted rarly valid..
... bears time play
fehro
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Re: 04/24/2018 Live Update

Post by fehro »

2637ish testing April 10th .. spike low into the gap.. LOD goes again.. look to that huge gap fill

SPX 50w SMA 2581
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Screen Shot 2018-04-24 at 10.29.47 AM.png
fehro
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Re: 04/24/2018 Live Update

Post by fehro »

Equites dump, bonds dump, /CL joins the party… nothing will be safe but the dollar.. dollar goes.. gold may get hit as well

TLT 117ish key 2+yr uptrend
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Screen Shot 2018-04-24 at 10.35.58 AM.png
fehro
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Re: 04/24/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:
fehro wrote:SPX opening near 50d .. well was going to… :roll: .. mind 50d.20d tags today.. /ES possible expanding wedge

NDX at 20d .. COMPQ near it.. Tech is weak… /ES expanding wedge seems legit.. or bearish wedge.. VIXes stall ** chart updated

ding ding ..lower yellow channel on total failure 20d SMA SPX
green line
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Screen Shot 2018-04-24 at 10.39.44 AM.png
fehro
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Re: 04/24/2018 Live Update

Post by fehro »

fehro wrote:2637ish testing April 10th .. spike low into the gap.. LOD goes again.. look to that huge gap fill

SPX 50w SMA 2581
steep channel edge her.. indexes look awful tho.. VIXes nHODs
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Screen Shot 2018-04-24 at 10.45.27 AM.png
brokebybernacke2
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Re: 04/24/2018 Live Update

Post by brokebybernacke2 »

good support around 2595
QED
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Re: 04/24/2018 Live Update

Post by QED »

crawford glissadevil wrote:Bias down for a few days.

Just completed "B wave flat" up, of (A (ABC ) wave down )of larger E wave in the Triangle which as been unfolding since the ATH' . Now, about to go into a C wave down followed by one wave UP (B of ABC of E Triangle) then a final (C of ABC of E Triangle) push toward the Feb and April lows. 8-)
crawford glissadevil, can you post a chart? If so, thanks!
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Cobra
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Re: 04/24/2018 Live Update

Post by Cobra »

strange, down a lot but the internal is not as bad.
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Junior Buffett
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Re: 04/24/2018 Live Update

Post by Junior Buffett »

brokebybernacke2 wrote:good support around 2595
I think 2632 should provide good support
100sma
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Re: 04/24/2018 Live Update

Post by 100sma »

Hope to rebound around 50% retracement level.
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Al_Dente
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Re: 04/24/2018 Live Update

Post by Al_Dente »

Al_Dente wrote:
Al_Dente wrote:........ HOWEVER the bulls may not be done yet
NY advancing stocks = 1.6 x declining stocks
NY advancing volume = 2.8 x declining volume
bulls gave it up
NY advancing stocks = 0.94 x declining stocks
NY advancing volume = 1.4 x declining volume

But bears haven't caught up yet
NY declining stocks = 1.1 x advancing stocks
NY declining volume = 0.6 x advancing volume
NY declining stocks = 2.1 x advancing stocks
NY declining volume = 1.9 x advancing volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Junior Buffett
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Re: 04/24/2018 Live Update

Post by Junior Buffett »

Junior Buffett wrote:
brokebybernacke2 wrote:good support around 2595
I think 2632 should provide good support
too late..market is moving faster than I type.. :D
100sma
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Re: 04/24/2018 Live Update

Post by 100sma »

I think the 10 yr treasury bond is ready to reversal.
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Wallstreetrader
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Re: 04/24/2018 Live Update

Post by Wallstreetrader »

Auto stops bots
fehro
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Re: 04/24/2018 Live Update

Post by fehro »

key time
fehro wrote:
fehro wrote:RUT/IWM last man standing >20d/50d… joins the party.. look to tag.. /CL starting to feel the heat.. it joins.. buckle up big time to the downside

mind VIX 20d/50d confluence.. over it.. last one to leave.. please turn off the lights :roll: :lol:
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Screen Shot 2018-04-24 at 11.00.34 AM.png
crawford glissadevil
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Re: 04/24/2018 Live Update

Post by crawford glissadevil »

My multi-day S&P down targets are 2564 and 2521. ( Since I use S&P and not the SPY, I'm not sure how my targets equate)

E waves of descending triangles are notorious for "undershooting or overshooting" the trend lines.

So I'll stay short into the close. Before reaching my targets I expect one decent sized bull counterattack. 8-)
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