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09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 9:24 am
by Cobra
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no idea up or down from here. my guess is a range day today.

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 9:27 am
by Cobra

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 9:35 am
by JFR
Which way you goin', Billy?

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 9:47 am
by JFR
Schizo day for the Qs

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 10:04 am
by Cobra

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 10:05 am
by Trades with cats
ES 12-18 (2000 Tick Volumetric) 2018_09_25 (8_02_01 AM).png

Sell volume maxed in the 8 AM (10 Eastern) bar at 1,816. Either wait for EMA and VWAP to catch down or up we go.

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 10:15 am
by Trades with cats
ES 12-18 (2000 Tick Volumetric) 2018_09_25 (8_11_46 AM).png

Wow, was not expecting that. Barely kissed VWAP and whosh down we go. Big level of buyers at 2924 so hello to support.

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 10:17 am
by JFR
Italy up. I cannot help but recall what Nixon said about the lira way back in the 1970s. He did not care about Europe either.

India down.


2018-09-25_0710.png

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 10:25 am
by Trades with cats
German economic control of Europe is on very shaky ground. When Brexit happens watch out. Doesn't help that Angela is very much on her way out.

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 10:39 am
by te_fern
TICKs broke over their MA lines yesterday afternoon. It looks like they maybe rolling over now....

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 10:42 am
by te_fern
Watching this ST trend line....

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 10:47 am
by Trades with cats
ES 12-18 (2000 Tick) 2018_09_25 (8_44_36 AM).png

Third try at VWAP

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 10:49 am
by te_fern
Pushed thru trendline and VWAP. I don't know if stockcharts VWAP is the same as the one that TWC uses....

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 10:59 am
by Trades with cats
Different index. ES and SPX are closely related but not always in perfect sync, especially on volume, thus no way for VWAP to be the same. Now the EMA should be closer, especially after a half hour or so of trading so that the Globex hours EMA and the New York Pit hours, now called regular hours, EMAs can syc up.

Important to me is since 10 am every touch of ES VWAP has been met with selling so on paper a trigger happy institutional trader having to sell a lot of contracts without tanking the market. At 9:38 ish market stayed up above VWAP for 4,000 transactions.

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 11:00 am
by Trades with cats
New support forming at ES 2920..75

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 11:01 am
by te_fern
oops....

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 11:26 am
by Al_Dente
10 yr yield, TNX, approaches potential double top
925yield.png.png

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 11:32 am
by Cobra
we may have the range low, now assume the morning high is the range high.

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 12:10 pm
by Cobra

Re: 09/25/2018 Live Update

PostPosted: Tue Sep 25, 2018 12:14 pm
by Trades with cats
ES 12-18 (10000 Tick) 2018_09_25 (10_06_57 AM).png

Gap filled during Globex session probably counts as still open. They are going to have to get Larry K out in front of the cameras because tomorrow is Fed day and Thursday will be yet another media circus like yesterday.

Unless you actually expect Powell and company to say we are wrong and will be cutting rates a month before an election. :lol: