06/07/2018 Live Update

[brokebybernacke2]

Qs take out yLOD.. look to Mon's gap.. it could get ugly fast

bigger pic
will continue to watch if volume continues to precede price, but weekly flirting bully on mac d.

[Trades with cats]

June Contract

Pulling back and adding volume profile makes it clear we almost went through a trap door in the stage floor with real support 10 full points lower.

[QED]

We Didn't Start the Fire
https://www.youtube.com/watch?v=eFTLKWw542g

[fehro]

Qs take out yLOD.. look to Mon's gap.. it could get ugly fast

bigger pic
will continue to watch if volume continues to precede price, but weekly flirting bully on mac d.

yup but it's Thursday.. COMPQ not encouraging . still hours to go..not pretty daily.. lower lows tomorrow that weekly will be a gravestone

[QED]

Perhaps the G-7 agenda has the $RUT worried?

[Trades with cats]

I do not 'get' the RUT. My biggest problem is it just does such a great job of being a proxy for the Bloomberg "most shorted" index. Second problem is the lack of volume. It is like when the leader of a third world country the size of Rhode Island with an economy equal to Flint Michigan is given the same treatment at the UN as a Marcon or Merkel.

[fehro]

IWM RUT nLOD..

[QED]

I do not 'get' the RUT. My biggest problem is it just does such a great job of being a proxy for the Bloomberg "most shorted" index. Second problem is the lack of volume. It is like when the leader of a third world country the size of Rhode Island with an economy equal to Flint Michigan is given the same treatment at the UN as a Marcon or Merkel.

Yes, the lack of volume on the /RTY can be a blessing or a curse. The ONE nice thing about the $RUT is that it is the LEAST manipulated index of the four major ones. JMHO

BTW, is FT71 switching to /ESU8 tomorrow?

[Trades with cats]

No, he switched today, said he has zero choice because all his data feeds switch on the exchange date. He put up the conversion chart this morning and I am a slacker and have not reposted it here. I will go look for it.

[Trades with cats]

I am sorry about the obvious advertising for FT71's new brokerage. He used to push just as hard for his old brokerage. Marketing is marketing.

[Trades with cats]

Keep getting these higher volume buying blasts then it just slowly fades.

[fehro]

SPX .. nibble short on /NDX weakness

outside reversal NDX .. FB smacked

gap filled SPX

weak bounce LOD goes again.. then green red key.. pink H&S

buckle up .. SPX 2764 goes.. looking for a very sharp drop

[Cobra]

not sure if it was higher low. maybe

[Cobra]

members only update at 12:03 pm
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[Wallstreetrader]

be against the trend is tremendos wrong be safe !
Buffet said in another words

[Trades with cats]

Looking to break the double bottom and test the day's low.

[Trades with cats]

Volume spike on a long tailed bar, no picnic basket for Yogi Bear yet.

[fehro]

SPX .. nibble short on /NDX weakness

outside reversal NDX .. FB smacked

gap filled SPX

weak bounce LOD goes again.. then green red key.. pink H&S

buckle up .. SPX 2764 goes.. looking for a very sharp drop

Key time

[Trades with cats]

Volume up just earlier today when the market put it's toes on the edge of the cliff.

[MrMiyagi]

SPY Intraday Double-Bottom or bust!! QQQ Triple-Bottom!!