06/18/2018 Live Update

[Trades with cats]

Euro time zone traders have now round tripped, high to low and back to the high. (es 2775 ish)

[fehro]

mind H&S /ES SPX - 37 to -40 points .. mind the 20d SMA SPX 2746ish

try again? H&S

[Trades with cats]

2 minute bars

Power moves in both directions at the same time of day. Down on Friday, up on Monday.
Blue bands are standard deviations off of VWAP.
Gray green lines are a rewrite of Fat Tails range projections. They are 20 day average noise range. On paper if exceeded then other than day traders got active, like this morning to the up side.

[Cobra]

the pullback probably will be bought.

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[Al_Dente]

smalls, 5min
four day box
testing a breakout.....

was the breakout a trap?
(middle panel)

[Al_Dente]

"Weak Week After June Opex"
Rob Hanna
"Overall, I am viewing it as a mild bearish headwind for the time being."
http://quantifiableedges.com/weak-week-after-june-opex/

[Trades with cats]

Quoting from the 2018 almanac
Week after June triple witching day Dow down 23 of the last 26
Recent Record: S&P Up 12, down 9, average loss 0.3% ranks 9th. Stronger for NASDAQ average gain 0.7% last 21 years.
Watch out for end of quarter "portfolio pumping" on last day of June

[te_fern]

Watching this resistance line...

[fehro]

SPX neckline retest… looking for stall.. LOD goes look to 2746 20d SMA and H&S target -40

still pushing

Resistance.. now.. IWM RUT nATH so now stall ?

nasty reversal on IWM SPX stalls again

[te_fern]

smalls, 5min
four day box
testing a breakout.....

was the breakout a trap?
(middle panel)

618small trap.png.png

Sure looks like it....

[Trades with cats]

This down channel isn't going anywhere fast. Threatening to turn into a range. We are firmly inside the statistical noise zone now when we should be seeing the post euroland close move. Something must be wrong with the trading bots!

[Trades with cats]

Forgot the chart with te_fern's resistance line.

[te_fern]

TWC, it now looks like its trying to climb above the resistance line and the MA lines......

[te_fern]

The TICKs also went negative right before noon. We'll see if they can gain their MA lines this afternoon....

[Trades with cats]

Yup, out of the channel. Make it or break it time for sure. Either it closes the gap or forms a double top , or we just drift here in no man's land.

Side note I am seeing a volume spike about every half hour this morning, on the hour and on the half. I am guessing hedge fund traders got new fancy watches for father's day and are playing with the alarm function.

[te_fern]

Yup, out of the channel. Make it or break it time for sure. Either it closes the gap or forms a double top , or we just drift here in no man's land.

Side note I am seeing a volume spike about every half hour this morning, on the hour and on the half. I am guessing hedge fund traders got new fancy watches for father's day and are playing with the alarm function.

[te_fern]

TWC, isn't coolbiz bullish as long as we hold 2761...

[te_fern]

Pasta Boss TNA back knocking on the top of that box....

[MrMiyagi]

COME ON NASDAQ GO TO NEW HIGHS!!!!