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06/26/2018 Live Update

QED
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Re: 06/26/2018 Live Update

Post by QED »

Al_Dente wrote:"death cross"
gold
The charts of SILVER MINERS look a lot better than the chart of gold.

My working theory is that institutional traders are accumulating positions in silver miners. FWIW
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Al_Dente
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Re: 06/26/2018 Live Update

Post by Al_Dente »

Reminder:
Almanac's TYPICAL June says we should be up into the end of the week, especially smalls and tech
https://78.media.tumblr.com/809112fc248 ... pr_500.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Re: 06/26/2018 Live Update

Post by Trades with cats »

We have met the 30 minute rule should this act like a double top. Would not be unheard of to sell off into the end of the day.
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Al_Dente
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Re: 06/26/2018 Live Update

Post by Al_Dente »

These 5 sectors represent roughly 76% of SPY
626five heavys.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Re: 06/26/2018 Live Update

Post by Trades with cats »

Coolbiz yesterday "So far low at 2698.67 in 3 Waves. Upward retrace should not breach 2743.19 to avoid an overlap or it puts bull trend back in force ST and no longer deeper correction."

His call on where we could be going"At the low of 2702.04 sofar met the next target of -50 points from 2755. Has a lot more to go yet with sharp upward retraces. Going below 2676.81 and 2594 confirms the deeper correction towards 2470-2450.

9:28 AM - 25 Jun 2018"

for what it is worth. You may ask 'wasn't he long last week?' and he was but Sunday night his stops were hit and he started selling.
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Al_Dente
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Re: 06/26/2018 Live Update

Post by Al_Dente »

HAPPY HOUR
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Re: 06/26/2018 Live Update

Post by Trades with cats »

First level of support cleared two more between here and VWAP
QED
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Re: 06/26/2018 Live Update

Post by QED »

Al_Dente wrote:HAPPY HOUR
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:lol: :lol: :lol:
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Re: 06/26/2018 Live Update

Post by Trades with cats »

A bouncy flight but we made it to VWAP before the close.
te_fern
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Re: 06/26/2018 Live Update

Post by te_fern »

End of the day selloff. No guts, no glory, but I'm not stepping in front of this long or short....
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Cobra
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Re: 06/26/2018 Live Update

Post by Cobra »


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Re: 06/26/2018 Live Update

Post by Cobra »

well, guess that's it for today. Wednesday tomorrow has been generally bull friendly recently. thank you guys, I'll see you in another thread soon.

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Re: 06/26/2018 Live Update

Post by Trades with cats »

Wondering if the ETF's were unloading during the last half our. Could have been a bunch of retail longs that held on until the end of their lunch hour before pulling the trigger and admitting the market wasn't going to bounce right back.
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MrMiyagi
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NYMO

Post by MrMiyagi »

Maybe two more down, or one more sharp kick to the shins.
W
W
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