05/18/2018 Live Update

[QED]

$TRIN is telling us something?

yes very elevated 1.51 .. buckle up

Creedence Clearwater Revival - Bad Moon Rising

https://www.youtube.com/watch?v=zUQiUFZ5RDw

.

[fehro]

$TRIN is telling us something?

yes very elevated 1.51 .. buckle up

[Al_Dente]

same/similar phenomena seen in VOLUME
NY declining stocks = 0.98 x advancing stocks (chop)
NY declining volume = 2.0 x advancing volume (STEALTH VOLUME ON THE DOWNSIDE)

[Al_Dente]

so of course IWM makes a HOD

[Trades with cats]

Well now we know where the new money is going.

[fehro]

mind the red triangle for a bigger move soon..

[fehro]

so of course IWM makes a HOD

can see who's doing the 'heavy lifting" ... 'cough masking cough' the selling

[100sma]

The reason I hate to trade ES when the price is below 100 hr moving average.

[Al_Dente]

[Save for later]
This article on “a somewhat surprising retail renaissance”
contains some eye-popping detail, like: Bleeker Street retail = $25,000 PER MONTH rent (not a typo),
and “pop-up” stores rent for $1,250 per day
https://www.thecut.com/2018/05/retail-s ... mazon.html

[fehro]

The reason I hate to trade ES when the price is below 100 hr moving average.

still choppy until one of those cyan lines go

[fehro]

mind the red triangle for a bigger move soon..

messy .. not a "completed" triangle.. but weak non the less

[Trades with cats]

15 minute

Check out the relative volume the last couple of bars.

[fehro]

mind the red triangle for a bigger move soon..

messy .. not a "completed" triangle.. but weak non the less

still weak.. resistance hold.. mind the LOD mind the lower open gap.. for the late sneak attack .. sounds doubtful..

[Al_Dente]

HAPPY HOUR

[Al_Dente]

WEEK AT A GLANCE (hour before the close)

[QED]

Not to worry, the Bolsa de Valores, Mercadorias & Futuros de Sao Paulo are still open
and providing liquidity for the market!

However, I am leaving, have a great weekend everyone (that is still here)!

[K447]

...

However, I am leaving, have a great weekend everyone (that is still here)!

Turn off the lights on your way out

[Daniel]

Meanwhile, the price of lumber has gone absolutely parabolic. Yet another in a succession of many many daily highs, relentlessly since mid-March.

Don't know what it means. I'm just sayin.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2018/05 ... ay-update/

[Cobra]

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

before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp