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05/16/2018 Live Update

05/16/2018 Live Update

Postby Cobra » Wed May 16, 2018 9:25 am

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double bottom or not, wait and see.
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ES60min.png

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Re: 05/16/2018 Live Update

Postby Cobra » Wed May 16, 2018 9:27 am


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Re: 05/16/2018 Live Update

Postby fehro » Wed May 16, 2018 9:29 am

/ES mind the possible H&S and SPX H&S /wedge opening flat
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Screen Shot 2018-05-16 at 6.27.18 AM.png
Screen Shot 2018-05-16 at 6.27.37 AM.png
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Re: 05/16/2018 Live Update

Postby 1der » Wed May 16, 2018 9:37 am

SPY PBar map this morning. BLUE = Pbars not yet filled, Orange = Pbars filled
This morning added 271.16 which was taken out just before the open

SPY 051618_01.jpg
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Re: 05/16/2018 Live Update

Postby fehro » Wed May 16, 2018 9:40 am

SPX resistance is close.. mind the morning gap VIX slammed in the pre-market into today's expiration nLOD takes out oLOD
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Screen Shot 2018-05-16 at 6.39.36 AM.png
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Re: 05/16/2018 Live Update

Postby Trades with cats » Wed May 16, 2018 9:45 am

FuturesTrader71 used a new technical term to describe the overnight action "just garbage". :lol: :lol: :lol:
Overnight point of control on my chart is 2708.
He did say something useful, that every time he sees some serious buying action the market gets slammed by aggressive selling.
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Re: 05/16/2018 Live Update

Postby fehro » Wed May 16, 2018 9:49 am

DXY USdollar took out yHOD with nHOD this morning.. back over it .. next resistance zone +0.60 near 94.22 and 95.15

watch oil/gold.. dollar moves again up… they should feel the pain. EURO starts to look shaky

https://www.zerohedge.com/news/2018-05-16/italian-bonds-tumble-political-chaos-deepens
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Re: 05/16/2018 Live Update

Postby fehro » Wed May 16, 2018 9:52 am

fehro wrote:SPX resistance is close.. mind the morning gap VIX slammed in the pre-market into today's expiration nLOD takes out oLOD


SPX resistance zone, open gap, wedge target reached. may stall in this zone.
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Screen Shot 2018-05-16 at 6.51.09 AM.png
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Re: 05/16/2018 Live Update

Postby te_fern » Wed May 16, 2018 9:55 am

At the R1 pivot, as fehro said may stall here.....
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SPX.PNG
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Re: 05/16/2018 Live Update

Postby fehro » Wed May 16, 2018 9:56 am

fehro wrote:
fehro wrote:SPX resistance is close.. mind the morning gap VIX slammed in the pre-market into today's expiration nLOD takes out oLOD


SPX resistance zone, open gap, wedge target reached. may stall in this zone.


add/reload short here SPX 2720ish
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Re: 05/16/2018 Live Update

Postby fehro » Wed May 16, 2018 9:59 am

RUT tries to do the heavy lifting.. INDU not impressed.. nor NDX

*VIX holds 200d SMA 13.74
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Screen Shot 2018-05-16 at 6.58.37 AM.png
Last edited by fehro on Wed May 16, 2018 10:01 am, edited 1 time in total.
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Re: 05/16/2018 Live Update

Postby Cobra » Wed May 16, 2018 9:59 am


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Re: 05/16/2018 Live Update

Postby te_fern » Wed May 16, 2018 10:09 am

R1 pivot held, let's see if the VWAP will provide support...
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Re: 05/16/2018 Live Update

Postby Trades with cats » Wed May 16, 2018 10:18 am

2000 tick ES chart price just bounced exactly on the daily pivot point. 1.25 points higher the overnight high had been showing strong support 30 minutes ago but not this time!
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Re: 05/16/2018 Live Update

Postby Daniel » Wed May 16, 2018 10:27 am

QQQ hod, and first of the majors to break out of the OR-30.

GLD fresh 20day low earlier, but holding above now. GDX, GDXJ, and SLV have lost initial gains, now trading around the flatline.
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Re: 05/16/2018 Live Update

Postby fehro » Wed May 16, 2018 10:39 am

fehro wrote:
fehro wrote:
fehro wrote:SPX resistance is close.. mind the morning gap VIX slammed in the pre-market into today's expiration nLOD takes out oLOD


SPX resistance zone, open gap, wedge target reached. may stall in this zone.


add/reload short here SPX 2720ish



/CL goosed on oil reports, test oHOD.. indexes goosed… VIXes ease .. SPX mind the expanding wedge.. :roll:
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Screen Shot 2018-05-16 at 7.37.51 AM.png
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Re: 05/16/2018 Live Update

Postby 1der » Wed May 16, 2018 10:42 am

Unfilled PBars
SPY PBar above = 272.71 , below 269.70
AAPL PBAR above = 188.55 , below 185.00
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Re: 05/16/2018 Live Update

Postby Trades with cats » Wed May 16, 2018 10:42 am

ES 06-18 (15 Minute) 2018_05_16.png

15 minute bars on the ES with a multi-day view. My only point is we are re-auctioning the area of the fast overnight drop.
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Re: 05/16/2018 Live Update

Postby Daniel » Wed May 16, 2018 10:43 am

TLT lod. Barely hanging on to 117.
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Re: 05/16/2018 Live Update

Postby Trades with cats » Wed May 16, 2018 10:44 am

I added a weekly VWAP to that chart, today it is significant (the heavy red dash line). Guess I should add weekly pivots as well. :o
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