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07/16/2018 Live Update

07/16/2018 Live Update

Postby Cobra » Mon Jul 16, 2018 9:24 am

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rising wedge but maybe still one small push up at least?
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Re: 07/16/2018 Live Update

Postby Cobra » Mon Jul 16, 2018 9:27 am


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Re: 07/16/2018 Live Update

Postby fehro » Mon Jul 16, 2018 9:36 am

SPX
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Re: 07/16/2018 Live Update

Postby te_fern » Mon Jul 16, 2018 9:49 am

TICKs are below their MA lines from Friday.....
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Re: 07/16/2018 Live Update

Postby Trades with cats » Mon Jul 16, 2018 9:55 am

ES 09-18 (5 Minute) 2018_07_16 (7_49_24 AM).png

Delta volume (bid ask line crossers) negative so far. Order book as you can see has resistance at the overnight high and Friday's high (not a surprise). I added back relative volume. It says summertime is here.

FT71 said he is going to use the sit on your hands strategy until he sees an impulsive move. :)
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Re: 07/16/2018 Live Update

Postby te_fern » Mon Jul 16, 2018 10:02 am

FT71 said he is going to use the sit on your hands strategy until he sees an impulsive move. :)[/quote]

Working on that Sit on my hands strategy. I get into some bad trades due to boredom.... :D
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Re: 07/16/2018 Live Update

Postby Cobra » Mon Jul 16, 2018 10:06 am


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Re: 07/16/2018 Live Update

Postby Trades with cats » Mon Jul 16, 2018 10:07 am

Choppy congested day means bring on the cat videos!
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Re: 07/16/2018 Live Update

Postby Trades with cats » Mon Jul 16, 2018 10:11 am

ES 09-18 (5 Minute) 2018_07_16 (8_07_37 AM).png

I see the sell orders are trailing price down while the buy orders are increasing as price approaches. Indicators (different chart) down bias but price not cooperating to any real extent. Looking for a sign like a double bottom.
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Re: 07/16/2018 Live Update

Postby fehro » Mon Jul 16, 2018 10:14 am

SPX
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Re: 07/16/2018 Live Update

Postby Trades with cats » Mon Jul 16, 2018 10:22 am

For what its worth. FT71 spent time this morning talking about the see saw trading at ES 2700. His point was do not treat trading around century marks the same, these are important milestones.
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Re: 07/16/2018 Live Update

Postby Al_Dente » Mon Jul 16, 2018 10:25 am

Amazon Prime Day, kicks off July 16 (today) at 3 p.m. ET. This year's event will be the longest ever, with deals running for 36 hours.
Here are ten brick-and-mortar stores that will match lower prices found on Amazon (but there are MANY caveats):
https://www.cnbc.com/2018/07/10/10-stor ... rices.html

This is Amazon's Prime Day Hub Page:
(You must log onto your Prime account. Discount is reflected at last step of checkout.)
https://www.amazon.com/b?ie=UTF8&node=1 ... 396c4747bf

“Check Back More Than Once… Amazon has a tendency to spread out their best deals so that they won't all sell out in the morning. Additionally, Lightning Deals only last for 3 hours or less, and then they are replaced with brand new deals.”
http://www.ign.com/articles/2018/07/15/ ... -day-deals
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Re: 07/16/2018 Live Update

Postby Al_Dente » Mon Jul 16, 2018 10:31 am

XLF, last week
DEATH CROSS 50/200 ma
BAC beat this morning, and XLF is on a bounce today, but the death cross is still intact
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Postby MrMiyagi » Mon Jul 16, 2018 10:42 am

Indexes trying....

Crude/nergy not helping S&P
Biotechs not helping Nasdaq


WHERE IS BABY JANET'S GHOST??
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Re: 07/16/2018 Live Update

Postby Trades with cats » Mon Jul 16, 2018 10:50 am

ES 09-18 (5 Minute) 2018_07_16 (8_48_05 AM).png

3rd time lucky says reverse at ES 2796
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Postby MrMiyagi » Mon Jul 16, 2018 10:51 am

SPY double bottom or bust, QQQ triple bottom or bust.
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Re: 07/16/2018 Live Update

Postby fehro » Mon Jul 16, 2018 10:54 am

TRANsports not happy
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Re: 07/16/2018 Live Update

Postby Cobra » Mon Jul 16, 2018 10:57 am

possible mm, may test Friday's low but still so far looks like a range day.
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Re: 07/16/2018 Live Update

Postby te_fern » Mon Jul 16, 2018 11:05 am

Past Boss mentioned the financials, the levered ones were up on the open, but have grinded sideways since.....
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Re: 07/16/2018 Live Update

Postby te_fern » Mon Jul 16, 2018 11:07 am

Bios are getting hammered this morning, down over 4.5%. almost back to the lows of last week....
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