05/17/2018 Live Update

[fehro]

buckle up

[te_fern]

Pushing down towards the low of the day....

[Trades with cats]

Like a hot knife through soft butter straight to the opening print/Weekly VWAP. Now the real action can start.

[Junior Buffett]

Half an hour trapped between yesterday's close and the Daily Pivot, a two point range in the ES.

still early..triangle for more chop fwiw

I don't know why but VIX is still weak and RED...I would have liked green color on VIX..dont know why

[1der]

Tied up this morning so a late start for me.

SPY Pbar = no new PBars overnight which is pretty rare, usually there is something.
PBar 273.11 was taken out today. I will change the Blue line to Orange (maybe I need to choose a different color for filled PBars? )

[fehro]

fehro, hope you still have your short....

yup.. still iffy… like that fact NDX Qs nLODs.. SPY not yet.. IWM RUT still near HOD ATH.. but easing.. VIXes slowly perk up.. buckle up

[Al_Dente]

I can’t trade against the AD
I’ve been waiting all morning for the AD to improve
It hasn’t … (red arrows) … yet…
5m

[fehro]

try again at white 2730.50

still a tad iffy here..lower white.. target..

Iffy becoming "possibly" doable

cover 1/3 here +15 points

[1der]

I would like to see the AMZN PBar at 1517.96 filled. There is one below that at 1460.17

AAPL has PBars at 185.95, 184.64, and 183.45

[fehro]

Trying to fill yGAP .. almost there

[Cobra]

might be a rebound here first, then we'll see.

[Trades with cats]

That bounce was too strong for me I also got out. Not much left of yesterday to retrace.

Don't want to be a broken record, but these big straight up bars have had no staying power for this week and a bit longer. Market gets out of trouble and up to the point where you expect bull action and then it whacks the bulls.

[Al_Dente]

WTF just happened?

[K447]

... Market gets out of trouble and up to the point where you expect ...

Market is never very far from trouble these days.

[Trades with cats]

What happened? It seems we were already dropping, but slowly then the POTUS tweeted that the Chinese trade talks were going poorly which appeared to have triggered some headline reading algos which suddenly stopped and now it appears scalpers are buying the over done drop.

[Trades with cats]

May I add just another day in the worlds largest financial markets where the sophisticated experts sneer at lesser markets that just react to rumors. Your money is safe with us!

[100sma]

I would say it's random move. I do not trade ES until the price swings above 100 hr sma. It's my conclusion after loosing all my money that I earned from forex tradings.

[Al_Dente]

“Corrupt politicians make the other ten percent look bad”
[Henry Kissinger]

[fehro]

Trying to fill yGAP .. almost there

bounce may stall here.. yGAP still not filled.. looking for possible nLOD

[Trades with cats]

Oh that gap is just sitting there, VWAP at the top, empty volume profile, it will be a real sign if it doesn't.