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05/21/2018 Live Update

Trades with cats
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Re: 05/21/2018 Live Update

Post by Trades with cats »

Last time (being 11:30) on my 2000 tick chart it was a much bigger drop that did the little bounce before putting in the low then zippered for a while before catching an updraft. I am seeing the zipper right now so it could break down out of this, or not. But if that overnight low goes the gap should fill fast you would think. Still enough time left for an ugly close or a boring in range close.
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Al_Dente
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Re: 05/21/2018 Live Update

Post by Al_Dente »

HAPPY HOUR
Image
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 05/21/2018 Live Update

Post by te_fern »

See how long it takes to bust out of this triangle...
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fehro
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Re: 05/21/2018 Live Update

Post by fehro »

mind indexes LODs
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te_fern
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Re: 05/21/2018 Live Update

Post by te_fern »

Levered bios are taking it on the chin, down almost 6 1/2%....
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te_fern
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Re: 05/21/2018 Live Update

Post by te_fern »

Ran up to the line and now is pulling back slightly, lets see.....
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Trades with cats
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Re: 05/21/2018 Live Update

Post by Trades with cats »

If the triangle doesn't break up this will be a retest of the May 14 high that has failed. Potential sell signal for longer time frame traders, so a lot riding on this un-inspiring day. Maybe they can make another comment about Chinese trade this evening. :lol:
te_fern
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Re: 05/21/2018 Live Update

Post by te_fern »

Back to the bottom....
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te_fern
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Re: 05/21/2018 Live Update

Post by te_fern »

Lower high to the May 14 high that TWC is talking about....
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Trades with cats
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Re: 05/21/2018 Live Update

Post by Trades with cats »

60 minute bars
60 minute bars
60 minute chart note 20 day relative volume is averaging 68% with most of today at 50%. Looks like summer doldrums have started. ;)
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Cobra
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Re: 05/21/2018 Live Update

Post by Cobra »


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te_fern
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Re: 05/21/2018 Live Update

Post by te_fern »

The bots are going to close right at the point of the triangle!!! :D
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Cobra
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Re: 05/21/2018 Live Update

Post by Cobra »

well, guess that's it for today. Tuesday tomorrow has been mixed. thank you guys, I'll see you in another thread soon.

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fehro
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Re: 05/21/2018 Live Update

Post by fehro »

/CL oil still provides extra support indexes.. at HOD
fehro
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Re: 05/21/2018 Live Update

Post by fehro »

SPX struggles into the close.. . .mind the inv hammer / gravestone .. SPX daily
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te_fern
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Re: 05/21/2018 Live Update

Post by te_fern »

Have to wait until tomorrow to see how this plays out.....
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Trades with cats
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Re: 05/21/2018 Live Update

Post by Trades with cats »

And a VWAP close it is. Talk about a reality TV show cliffhanger.
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