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05/08/2018 Live Update

Re: 05/08/2018 Live Update

Postby Daniel » Tue May 08, 2018 3:01 pm

Not surprisingly, XLE has also seen a wide-range day today. Currently holding grn, in the upper half of its daily range.

USO is back to flat on day.
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Re: 05/08/2018 Live Update

Postby Trades with cats » Tue May 08, 2018 3:02 pm

NYMEX withholding closing prices on oil, must be carnage in the pits.
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Re: 05/08/2018 Live Update

Postby Daniel » Tue May 08, 2018 3:15 pm

SPY is looking now to finally escape the gravitational field of 265-66.

KRE and XLF are starting to show some leadership on my sector board. Financials have not been a tailwind for a while.
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Re: 05/08/2018 Live Update

Postby Wallstreetrader » Tue May 08, 2018 3:24 pm

someone got squeezed ! 62 next ?
Last edited by Wallstreetrader on Tue May 08, 2018 3:27 pm, edited 1 time in total.
,,,70% of the times i am wrong ...
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Re: 05/08/2018 Live Update

Postby fehro » Tue May 08, 2018 3:27 pm

choppy slop… 2665 :roll: .. AAPL cracks H&S 5m .. indexes will crack buckle up for the close
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Screen Shot 2018-05-08 at 12.25.38 PM.png
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Re: 05/08/2018 Live Update

Postby QED » Tue May 08, 2018 3:29 pm

Wallstreetrader wrote:someone got squeezed!

Maybe it was Mr. Orange?

Image
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Re: 05/08/2018 Live Update

Postby Daniel » Tue May 08, 2018 3:31 pm

UUP showing a daily doji but nonetheless looks to close at a fresh 20day high! Donchian buy signal.
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Re: 05/08/2018 Live Update

Postby Trades with cats » Tue May 08, 2018 3:33 pm

I am keeping a daily chart now. So far today, if lucky, will be a dragonfly doji, otherwise just a long legged doji. Either way it just doesn't look like a chart you can get bullish over right now.
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Re: 05/08/2018 Live Update

Postby QED » Tue May 08, 2018 3:38 pm

Trades with cats wrote:I am keeping a daily chart now. So far today, if lucky, will be a dragonfly doji, otherwise just a long legged doji. Either way it just doesn't look like a chart you can get bullish over right now.

Bulkowski's Dragonfly Doji
http://thepatternsite.com/Dragonfly.html
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Re: 05/08/2018 Live Update

Postby Daniel » Tue May 08, 2018 3:40 pm

IWM strong into the close. Also looking very strong on the daily chart.
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Re: 05/08/2018 Live Update

Postby Trades with cats » Tue May 08, 2018 3:45 pm

Failed at green, but will it sell?
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Re: 05/08/2018 Live Update

Postby brokebybernacke2 » Tue May 08, 2018 3:49 pm

Obama from the sidelines! what a world, took the bait.
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Re: 05/08/2018 Live Update

Postby Daniel » Tue May 08, 2018 3:49 pm

TLT said "tempest in a teapot" to Iran concerns, ran up, spiked down, and not too much in either direction. Bottom line: sits on a nearly flat 15min 200ema around 118.75

TBT has been a miserable trading vehicle recently, but it could break out with authority soon. This would take the 10yr yield well above 3.3%
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Re: 05/08/2018 Live Update

Postby fehro » Tue May 08, 2018 3:51 pm

SPX 20d/50d sandwich :roll: :lol: TRANSports stopped at 20d/50d
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Re: 05/08/2018 Live Update

Postby Cobra » Tue May 08, 2018 3:55 pm


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Re: 05/08/2018 Live Update

Postby Cobra » Tue May 08, 2018 3:56 pm

well, guess that's it for today. Wednesday tomorrow has been generally bear friendly. thank you guys, I'll see you in another thread soon.

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Re: 05/08/2018 Live Update

Postby fehro » Tue May 08, 2018 4:07 pm

SPX
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Re: 05/08/2018 Live Update

Postby Daniel » Tue May 08, 2018 4:14 pm

spy UNCH

:|
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Re: 05/08/2018 Live Update

Postby brokebybernacke2 » Tue May 08, 2018 4:24 pm

fehro wrote:SPX


down 2 points since end of 2017 :)
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