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08/15/2018 Live Update

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Cobra
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Re: 08/15/2018 Live Update

Post by Cobra »

q2model wrote:
Cobra wrote:if no meaningful rebound here then it'd be bloody day.

Why here? Good time by the way
instincts

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Cobra
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Re: 08/15/2018 Live Update

Post by Cobra »

watch for ema short here, either L2 or L3 or ema gap short. if strong break through ema then bears are over, so key time.
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Cobra
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Re: 08/15/2018 Live Update

Post by Cobra »


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Clueless
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Re: 08/15/2018 Live Update

Post by Clueless »

Expect the market to drop the last 2 hours of today, tomorrow and especially Friday. I don't see folks holding overnight and especially going into the weekend. So we might see a flush the last 2hours on Friday as a result of panic selling.
This will be as a result of Trump's unpredictability and the fact that he hates backing down. So don't expect any conciliatory message from him. But if it happens, it is because the people around him forced him into it. That means it won't take more than a few days before he starts fighting again and saying what he wants uncuffed. That is the pattern of his presidency. But knowing how impulsive humans are, the market will take a conciliatory message (if it happens) as a reason to rally before reversing again.
Last edited by Clueless on Wed Aug 15, 2018 11:56 am, edited 1 time in total.
QED
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Re: 08/15/2018 Live Update

Post by QED »

Springheel Jack: “If we find a low today then I’d note that Thursday and Friday this week are both cycle trend days, so we could see a strongly directional days tomorrow and/or Friday.”
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Re: 08/15/2018 Live Update

Post by Trades with cats »

Today isn't over. Bounce ended at VWAP, ranging between VWAP and the Mid.
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MrMiyagi
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Post by MrMiyagi »

QQQ hit $177 triple-support, hope it holds like Baby Janet's diaper holds a load.
QQQ
QQQ
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Re: 08/15/2018 Live Update

Post by Trades with cats »

Do or die time bulls.
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MrMiyagi
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Post by MrMiyagi »

Trades with cats wrote:Do or die time bulls.

Lets DOOOOOO this

zz
zz
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Re: 08/15/2018 Live Update

Post by Trades with cats »

Overnight low/Opening print look like significant resistance. Going to take more than one try to power through if the bulls have their act together (doubtful).
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Re: 08/15/2018 Live Update

Post by Trades with cats »

Hanging on support from the 11:35 high. Delta going red guess we are going for a higher low but in slow motion.
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Al_Dente
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Re: 08/15/2018 Live Update

Post by Al_Dente »

GDX is down -5.26% today :o
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Re: 08/15/2018 Live Update

Post by Trades with cats »

ES 09-18 (2000 Tick) 2018_08_15 (11_12_15 AM).png
All this not doing much has lead to a major issue IF they can't break out over the opening print. Smelling like yesterday afternoon when they couldn't get it up! :lol:
brokebybernacke2
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Re: 08/15/2018 Live Update

Post by brokebybernacke2 »

Al_Dente wrote:GDX is down -5.26% today :o
gold is toast long term imho. green line possible GLD/< 700 spot.
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1der
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Re: 08/15/2018 Live Update

Post by 1der »

brokebybernacke2 wrote:
Al_Dente wrote:GDX is down -5.26% today :o
gold is toast long term imho. green line possible GLD/< 700 spot.
Who needs Gold (it is sooooo yesterday) when you can have Crypto!
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Re: 08/15/2018 Live Update

Post by Trades with cats »

Speaking of stuff that was or could be money saw a twitter feed today saying this double bottom is a great time to buy bitcoins. Made me wonder, what is the difference between a double bottom and a dead cat bounce?
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Re: 08/15/2018 Live Update

Post by Trades with cats »

President Maduro has announced that Petrobras will be paying all it's bills in Venezuela cryptocurrency.I guess because the Bolivar is in a tie with the Weimar Republic Mark for the record books.
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Al_Dente
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Re: 08/15/2018 Live Update

Post by Al_Dente »

trade wars
YTD %
with SPY in purple for comparison
815trade war.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Clueless
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Re: 08/15/2018 Live Update

Post by Clueless »

1der wrote:
brokebybernacke2 wrote:
Al_Dente wrote:GDX is down -5.26% today :o
gold is toast long term imho. green line possible GLD/< 700 spot.
Who needs Gold (it is sooooo yesterday) when you can have Crypto!

Don't let Peter Schiff hear that. Hope he is still alive.
Daniel
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Re:

Post by Daniel »

MrMiyagi wrote:QQQ hits $177 triple-support
I have the low of the day for QQQ around 178. On your chart it looks like price got closer to 177, but Stockcharts intraday Hi and Lo levels are notoriously variable.

And perhaps that 178 was close enuf...? Price is currently back below the 5min 20ema.
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