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10/12/2018 Live Update

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Cobra
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10/12/2018 Live Update

Post by Cobra »

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the general bottom pattern is double bottom so maybe the intermediate term low wasn't in yet. anyway, let's see how the rebound goes first.
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Cobra
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Re: 10/12/2018 Live Update

Post by Cobra »


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BullBear52x
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Re: 10/12/2018 Live Update

Post by BullBear52x »

This high open is good enough to earn buy dip coupon. Bull day today.
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Re: 10/12/2018 Live Update

Post by BullBear52x »

SPX 2798.67 = 38.2% Fib key resistance
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Re: 10/12/2018 Live Update

Post by BullBear52x »

buy
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Re: 10/12/2018 Live Update

Post by Daniel »

VIX at 22 is a bit below the midrange for this session.
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Re: 10/12/2018 Live Update

Post by Daniel »

QQQ 173.40 is key. Price is holding above it, after having been below by a good bit. Prior day's high... holding above that will prevent a wave of "pivot-reversal" sell signals.

EEM and XLK strong dogs from the start...bullish.
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Re: 10/12/2018 Live Update

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Re: 10/12/2018 Live Update

Post by Cobra »

it's morning hourly filled black bar.
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Re: 10/12/2018 Live Update

Post by Daniel »

Daniel wrote:VIX at 22 is a bit below the midrange for this session.
update: sudden plunge to 21.20, the LOD
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BullBear52x
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Re: 10/12/2018 Live Update

Post by BullBear52x »

Since the gap/daily P/L is more than 1.5% a counter trend setup could happen any time, and .....I am all eyes
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Re: 10/12/2018 Live Update

Post by Daniel »

On this Board we are many eyes. .. :)
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Re: 10/12/2018 Live Update

Post by Daniel »

Naz advancers hit an astounding near-2500 shortly after the Open.

This is not a sustainable number, but the rate of dropoff is a bit worrying to bulls. ADVs are already down to 2240.

..and the VIX has popped back up to 21.80

:|
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Re: 10/12/2018 Live Update

Post by Daniel »

Daniel wrote:QQQ 173.40 is key. Price is holding above it, after having been below by a good bit. Prior day's high... holding above that will prevent a wave of "pivot-reversal" sell signals.
QQQ right there, now, testing from above...
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Re: 10/12/2018 Live Update

Post by BullBear52x »

I don't like what I see for bulls, well, will the counter trend happen that will be my next sell move, but dip will be bought this time.
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Re: 10/12/2018 Live Update

Post by BullBear52x »

bears are eager, sell now
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Re: 10/12/2018 Live Update

Post by BullBear52x »

that was quick counter trend failed. oy.... first bear trap
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Cobra
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Re: 10/12/2018 Live Update

Post by Cobra »

60% chances it'll test yesterday's high, at least the blue line.
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Re: 10/12/2018 Live Update

Post by BullBear52x »

it makes sense to think this or plan a trade like this but in reality, it's not exactly :)
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Re: 10/12/2018 Live Update

Post by BullBear52x »

come on..... it's Friday.

bulls got their 20 points over night now they are lazy already.
I won't last long either if it's like this.
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