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Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:01 pm
by Daniel
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.

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:02 pm
by Trades with cats
NYMEX withholding closing prices on oil, must be carnage in the pits.

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:15 pm
by Daniel
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.

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:24 pm
by Wallstreetrader
someone got squeezed ! 62 next ?

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:27 pm
by fehro
choppy slop… 2665 :roll: .. AAPL cracks H&S 5m .. indexes will crack buckle up for the close

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:29 pm
by QED
Wallstreetrader wrote:someone got squeezed!
Maybe it was Mr. Orange?

Image

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:31 pm
by Daniel
UUP showing a daily doji but nonetheless looks to close at a fresh 20day high! Donchian buy signal.

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:33 pm
by Trades with cats
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.

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:38 pm
by QED
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

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:40 pm
by Daniel
IWM strong into the close. Also looking very strong on the daily chart.

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:45 pm
by Trades with cats
Failed at green, but will it sell?

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:49 pm
by brokebybernacke2
Obama from the sidelines! what a world, took the bait.

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:49 pm
by Daniel
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%

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:51 pm
by fehro
SPX 20d/50d sandwich :roll: :lol: TRANSports stopped at 20d/50d

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:55 pm
by Cobra

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 3:56 pm
by Cobra
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.

before the close, please take a little time to vote for me, thanks.

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 4:07 pm
by fehro
SPX

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 4:14 pm
by Daniel
spy UNCH

:|

Re: 05/08/2018 Live Update

Posted: Tue May 08, 2018 4:24 pm
by brokebybernacke2
fehro wrote:SPX
down 2 points since end of 2017 :)