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10/10/2018 Live Update

Re: 10/10/2018 Live Update

Postby BullBear52x » Wed Oct 10, 2018 12:58 pm

With this type of sell off, see %B, there will be lower lows on a daily basis but bottom is near. for day traders and scalpers, this is your heaven. I hope for the current of volatility to last longer. :mrgreen: :ugeek:
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Re: 10/10/2018 Live Update

Postby BullBear52x » Wed Oct 10, 2018 1:03 pm

New low, next counter trend will look at 2% mark. same playbook, Peace!
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Re: 10/10/2018 Live Update

Postby Trades with cats » Wed Oct 10, 2018 1:05 pm

ES 12-18 (2000 Tick Volumetric) 2018_10_10 (11_02_26 AM).png
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Re: 10/10/2018 Live Update

Postby Cobra » Wed Oct 10, 2018 1:21 pm

now it's hard to call if the rebound means the low was in or just a rebound. my guess is it's just a rebound.
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Re: 10/10/2018 Live Update

Postby brokebybernacke2 » Wed Oct 10, 2018 1:22 pm

BullBear52x wrote:New low, next counter trend will look at 2% mark. same playbook, Peace!


lets hope end of bull traps for today , still dont think low on this move down in..maybe by eow.
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Postby MrMiyagi » Wed Oct 10, 2018 1:23 pm

Cobra wrote:now it's hard to call if the rebound means the low was in or just a rebound. my guess is it's just a rebound.




SAVE US BABY JANET!!!


NYMO at -72
NAMO at -71
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Re: 10/10/2018 Live Update

Postby Trades with cats » Wed Oct 10, 2018 1:32 pm

So Nomura's strategist, as published in Zero Hedge, absolutely nailed it. The CTA's hit their lighten up point. So I am waiting for the article from Gandalf explaining when the equal risk Bridge water types start puking up a lung, er, I mean reducing leverage. :)
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Re: 10/10/2018 Live Update

Postby QED » Wed Oct 10, 2018 1:34 pm

Has Jerome Powell joined the "Never Trumper" movement?
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Re: 10/10/2018 Live Update

Postby BullBear52x » Wed Oct 10, 2018 1:37 pm

for the road. Megaphone pattern. bears missed the strong bear pattern, now I call this Flat slumpy bottom.
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Re: 10/10/2018 Live Update

Postby brokebybernacke2 » Wed Oct 10, 2018 1:44 pm

BullBear52x wrote:for the road. Megaphone pattern. bears missed the strong bear pattern, now I call this Flat slumpy bottom.


2821 it shall be...
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Re: 10/10/2018 Live Update

Postby Cobra » Wed Oct 10, 2018 2:11 pm

vol surge, could be a rebound here first then we'll see.
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Re: 10/10/2018 Live Update

Postby BullBear52x » Wed Oct 10, 2018 2:11 pm

brokebybernacke2 wrote:
BullBear52x wrote:for the road. Megaphone pattern. bears missed the strong bear pattern, now I call this Flat slumpy bottom.


2821 it shall be...

This is unreal 2% drop.

I am back
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Re: 10/10/2018 Live Update

Postby brokebybernacke2 » Wed Oct 10, 2018 2:14 pm

risk of crashy here to at least 2802 if 2821 level doesnt hold...amazing. vix exceeding june high...
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Postby MrMiyagi » Wed Oct 10, 2018 2:21 pm

Dow Jones was the only one left above the 50-day, not anymore..... :o :o :o :shock: :shock: :shock:

CANCELING POWER HOUR THROUGH 2019
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Re: 10/10/2018 Live Update

Postby BullBear52x » Wed Oct 10, 2018 2:31 pm

Bloody yet? I got no counter trend setup yet, Hmmmm
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Re:

Postby 1der » Wed Oct 10, 2018 2:32 pm

CANCELING POWER HOUR THROUGH 2019[/quote]

No need to cancel. It is all about perspective! Here this fixes it:
2018-10-10_11-29-18.jpg
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Re: 10/10/2018 Live Update

Postby 1der » Wed Oct 10, 2018 2:35 pm

BullBear52x wrote:Bloody yet? I got no counter trend setup yet, Hmmmm


I remember reading about a day like today in a fairy tale trading book - I think they called it a downtrend day. I did not think they really existed? Wow :shock:
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Re: 10/10/2018 Live Update

Postby Shaishen » Wed Oct 10, 2018 2:41 pm

BullBear52x wrote:Bloody yet? I got no counter trend setup yet, Hmmmm


ES trying to fill the Aug 18 gap .. pretty impressive all in one session, 55 points so far

.
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Re: Re:

Postby brokebybernacke2 » Wed Oct 10, 2018 2:43 pm

1der wrote:CANCELING POWER HOUR THROUGH 2019


No need to cancel. It is all about perspective! Here this fixes it:
2018-10-10_11-29-18.jpg
[/quote]

preferred target level bounce here , but dont see much hope here.
helmets ready...if u didnt have one on already! 279.60 next level of support
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Re: 10/10/2018 Live Update

Postby BullBear52x » Wed Oct 10, 2018 2:43 pm

1der wrote:
BullBear52x wrote:Bloody yet? I got no counter trend setup yet, Hmmmm


I remember reading about a day like today in a fairy tale trading book - I think they called it a downtrend day. I did not think they really existed? Wow :shock:

Wonder how many >2% drop day and stay low in the past. I know Cobra has that stat.
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