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05/21/2018 Live Update

te_fern
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Re: 05/21/2018 Live Update

Post by te_fern »

Nice call fehro!
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te_fern
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Re: 05/21/2018 Live Update

Post by te_fern »

daytradingES wrote:
te_fern wrote:Nope, the SPX is pushing higher....
I think you might be giving up too easily.
You're right. At least I've learned not to go long on days like to day! :D
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Trades with cats
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Re: 05/21/2018 Live Update

Post by Trades with cats »

It was the very thin Asian markets that went long on a meaningless statement last night. Reasonable chance it will all be reversed quickly.
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Cobra
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Re: 05/21/2018 Live Update

Post by Cobra »

maybe rebound here first but the pullback may have legs.
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fehro
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Re: 05/21/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:
fehro wrote:SPX nibble short 2736 .. not ideal…. mind the morning gap.. and upper white, upper gap
add a little more
come to papa.. fill that gap :roll: Qs already nLOD into gap.. almost filled ..VIX pops buckle up
Cover 1/3 here.. support.. may hold.. gaps still open Qs, SPY.. IWM never entered gap
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Al_Dente
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Re: 05/21/2018 Live Update

Post by Al_Dente »

Trades with cats wrote:It was the very thin Asian markets that went long on a meaningless statement last night. Reasonable chance it will all be reversed quickly.
“Both countries have decided to work towards a long-term agreement, in other words, there may be no solution to this at all and both countries may just continue to trade with each other under the same old terms."
https://eresearch.fidelity.com/eresearc ... BINED&sb=1
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fehro
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Re: 05/21/2018 Live Update

Post by fehro »

fehro wrote: Cover 1/3 here.. support.. may hold.. gaps still open Qs, SPY.. IWM never entered gap
this is getting tiring… :roll: :lol: … markets under pressure… oil gets goosed…
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Cobra
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Re: 05/21/2018 Live Update

Post by Cobra »


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Cobra
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Re: 05/21/2018 Live Update

Post by Cobra »

the rebound usually fail around ema20, let's see. if simply keep going up then today is just a range day, it was vacuum down now vacuum up, so kind of key time now.
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fehro
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Re: 05/21/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote: Cover 1/3 here.. support.. may hold.. gaps still open Qs, SPY.. IWM never entered gap
this is getting tiring… :roll: :lol: … markets under pressure… oil gets goosed…
SPX… may stall here again.. not sure..IWM at HOD at ATH again
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fehro
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Re: 05/21/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:
fehro wrote: Cover 1/3 here.. support.. may hold.. gaps still open Qs, SPY.. IWM never entered gap
this is getting tiring… :roll: :lol: … markets under pressure… oil gets goosed…
SPX… may stall here again.. not sure..IWM at HOD at ATH again
buy sm pos IWM P lottos @ 0.15 Fri ex
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Re: 05/21/2018 Live Update

Post by Trades with cats »

Back below VWAP on my chart. Failure to retake the overnight high, so this is the fourth time since Sunday evening.
To the downside the most common price since the Sunday night open (Point of Control) is the New York opening print. 1 and a half points lower it looks like Friday's high has some meaning and a couple of points lower yet the overnight low was sort of tested at the start of this last up move (11:35 New York). Maybe they pull a rabbit out of a hat and take things higher but it looks like testing the lows is more likely.
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Al_Dente
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Re: 05/21/2018 Live Update

Post by Al_Dente »

unless cured soon, that neg momentum divergence on smalls often plays out with a little pullback within a day or two
15m higher lows
521diverg 15.png.png
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Cobra
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Re: 05/21/2018 Live Update

Post by Cobra »

OK, it's a range day, assume range high is the day high, so the rebound isn't over yet.
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Al_Dente
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Re: 05/21/2018 Live Update

Post by Al_Dente »

Markets may also be responding to the weakening of the Volker Rule
Banks can prop-trade again
That should be bullish banks and etc
Last edited by Al_Dente on Mon May 21, 2018 1:28 pm, edited 1 time in total.
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Trades with cats
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Re: 05/21/2018 Live Update

Post by Trades with cats »

Tweet from Kemp at Reuters today that the hedge funds are continuing to close out Brent oil contracts.
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Al_Dente
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Re: 05/21/2018 Live Update

Post by Al_Dente »

David Kostin of Goldman Sachs, posted an hour ago: "Don't worry about rising interest rates until the 10-year yield hits 4%" :lol: :shock:
[CNBC]
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Al_Dente
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Re: 05/21/2018 Live Update

Post by Al_Dente »

FIDELITY
521fidelity.png.png
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Re: 05/21/2018 Live Update

Post by Trades with cats »

Sit on Hands for 2 hours for a 3 point drop. It is going to be a really long summer.
ccash04
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Re: 05/21/2018 Live Update

Post by ccash04 »

Maybe my 272.50 daily puts won't expire worthless after being near worthless?
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