06/01/2018 Live Update

[Trades with cats]

THAT was exhilarating, clearly some news.

[fehro]

looking to nibble short.. not sure if we stall here or gap fill small position 2728.25

mind the morning gap fill IWM nLOD into gap already

a few minutes too early ..

[fehro]

THAT was exhilarating, clearly some news.

Italy? .. "seek to quit Euro" …. dollar spiked, US equities spike

[Trades with cats]

Yes, I see the same. Apparently the representatives of the Northern Alliance and of 5 Star made the request, not the Italian government. so my feed says the bid got pulled on Italian bonds on the news report then things went back to normal, I assume when humans read the story.

[te_fern]

I'm watching the levered smalls this morning, had a positive MA line cross....

[fehro]

looking to nibble short.. not sure if we stall here or gap fill small position 2728.25

mind the morning gap fill IWM nLOD into gap already

a few minutes too early ..

mind the morning gap v2.0

[te_fern]

Smalls need to push to a new high for the day...

[te_fern]

Can SPX push thru the R2 pivot....

[Cobra]

feels like range day, so probably no trade today, kill orcs instead. qqq/nq is much easier so far it's uptrend day.

[fehro]

NDX leads .. not sure if that's a good thing.. look to AMZN daily.. tight little candle moving up day after day.. on declining vol

[Trades with cats]

Looking to set up a lower high and move lower into the eurozone close, or not.

[fehro]

NDX leads .. not sure if that's a good thing.. look to AMZN daily.. tight little candle moving up day after day.. on declining vol

[Al_Dente]

TODAY IS NATIONAL DOUGHNUT DAY
Here are all the Places Where You Can Get Free Doughnuts today:
https://people.com/food/national-donut- ... ee-donuts/

[te_fern]

Smalls keep trying to break to new highs for the day...

[te_fern]

Starting to get a break out. Now the tough question for me is it a quick day trade or a several day swing trade....

[fehro]

VIX nLOD .. grinding up SPX it's NDX.. oil is not helping anymore… /CL on the edge of a huge 52week cliff

[te_fern]

R2 pivot living up to its resistance name....

[Trades with cats]

That little Italian twitch this morning sure showed us what the big houses are focused on. In theory Italy is the ticking detonator that could set off a nuclear explosion in the financial markets called Deutsche Bank derivatives portfolio. So days like today are because the market is assuming the central bankers will figure out a way to defuse the bomb a la agent 007. But they could turn out to be Maxwell Smart.

[Trades with cats]

Today seems like a hot air balloon with occasional blasts of volume (the gas burners) moving it up then it slowly starts to come down.

[K447]

... they could turn out to be Maxwell Smart.

But Agent Maxwell Smart would succeed despite himself, every show.