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09/11/2018 Live Update

09/11/2018 Live Update

Postby Cobra » Tue Sep 11, 2018 9:25 am

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2nd test of the previous low, key time. today is Sep 11, suppose to be up. Let's see.
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Re: 09/11/2018 Live Update

Postby Cobra » Tue Sep 11, 2018 9:29 am


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Re: 09/11/2018 Live Update

Postby Trades with cats » Tue Sep 11, 2018 9:35 am

ES 2668 is where the resting support is, will soon know if it is enough for a bounce.
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Re: 09/11/2018 Live Update

Postby K447 » Tue Sep 11, 2018 9:49 am

Trades with cats wrote:ES 2668 is where the resting support is ...

Typo ?
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Re: 09/11/2018 Live Update

Postby te_fern » Tue Sep 11, 2018 9:55 am

Trying to close the opening gap...
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Re: 09/11/2018 Live Update

Postby Daniel » Tue Sep 11, 2018 9:57 am

Ka-pow-pow-pow! Quick gap fill on the Qs.

..but breadth is weak, and IWM is backing away from its hod.
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Re: 09/11/2018 Live Update

Postby Trades with cats » Tue Sep 11, 2018 10:05 am

ES 09-18 (2000 Tick) 2018_09_11 (8_02_47 AM).png

Yes, a major typo.You can see the support I was talking about in the order book background gradient. Now the issue is resting resistance!
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Re: 09/11/2018 Live Update

Postby Cobra » Tue Sep 11, 2018 10:06 am


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Re: 09/11/2018 Live Update

Postby Daniel » Tue Sep 11, 2018 10:08 am

RSP, and breadth, are showing the market's true colors. SPY may fill the gap, but a possible fade-the-fill trade awaits.
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Re: 09/11/2018 Live Update

Postby brokebybernacke2 » Tue Sep 11, 2018 10:10 am

bears have chances this week. cup handle near break out workin on vix hourly. cannot see good bull rebound just yet , thursday inflation data day. 2880 level watch to short
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Re: 09/11/2018 Live Update

Postby brokebybernacke2 » Tue Sep 11, 2018 10:13 am

also, lots of "7th inning " talk about the market, not a big fan of that, 7th inning is last call at the ballpark...
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Re: 09/11/2018 Live Update

Postby te_fern » Tue Sep 11, 2018 10:14 am

TICKs fairly neutral right now....
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Re: 09/11/2018 Live Update

Postby Trades with cats » Tue Sep 11, 2018 10:17 am

Resting sell orders accumulating at ES 2881, 2881.75 and 2882 so if the bulls clear 2880 it looks like more slow going. So bears have a line in the sand at yesterday's close.
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Re: 09/11/2018 Live Update

Postby JFR » Tue Sep 11, 2018 10:21 am

Gap fill on YM, ES and NQ.
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Re: 09/11/2018 Live Update

Postby te_fern » Tue Sep 11, 2018 10:23 am

think it might get to trend line, which is where TWC said there's a lot of sell orders resting....
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Re: 09/11/2018 Live Update

Postby Trades with cats » Tue Sep 11, 2018 10:32 am

Short squeeze is over for now with the gap fill. Bears have failed to break Friday's low and you know the powers that be desperately want 3000 taken out.
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Re: 09/11/2018 Live Update

Postby brokebybernacke2 » Tue Sep 11, 2018 10:34 am

Trades with cats wrote:Short squeeze is over for now with the gap fill. Bears have failed to break Friday's low and you know the powers that be desperately want 3000 taken out.


bears have chances... just not sure on day like today. vix is very ripe, 2770 goes, should see 2750 relatively soon.
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Re: 09/11/2018 Live Update

Postby Daniel » Tue Sep 11, 2018 10:36 am

IWM quick collapse to retest the LOD.
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Re: 09/11/2018 Live Update

Postby JFR » Tue Sep 11, 2018 10:38 am

SPY fills the gap, then pulls back to the E20. Next?
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Re: 09/11/2018 Live Update

Postby Trades with cats » Tue Sep 11, 2018 10:47 am

Lots of ugly charts up today from the chattering class showing small business confidence and small caps. All time high in confidence is very bad for small caps.
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