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10/16/2018 Live Update

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Cobra
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10/16/2018 Live Update

Post by Cobra »

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bigger triangle? no idea up or down from there but it it can test yesterday's high again, then a breakout is more likely.
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Cobra
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Re: 10/16/2018 Live Update

Post by Cobra »


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BullBear52x
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Re: 10/16/2018 Live Update

Post by BullBear52x »

clear view, looks like bulls can not hold out for too long. a breakout is to be expected I guess
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K447
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Re: 10/16/2018 Live Update

Post by K447 »

BullBear52x wrote:... looks like bulls can not hold out for too long.

a breakout is to be expected I guess
As in cannot Hold off?
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Re: 10/16/2018 Live Update

Post by BullBear52x »

fear correction analog. new all time high correction, VIX fear factor.
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te_fern
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Re: 10/16/2018 Live Update

Post by te_fern »

TICKs are trending up this morning...
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BullBear52x
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Re: 10/16/2018 Live Update

Post by BullBear52x »

K447 wrote:
BullBear52x wrote:... looks like bulls can not hold out for too long.

a breakout is to be expected I guess
As in cannot Hold off?
:D yes, can not hold off. need to see the new high first.
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te_fern
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Re: 10/16/2018 Live Update

Post by te_fern »

Needs to break the highs of the last 2 days (blue line)....
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BullBear52x
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Re: 10/16/2018 Live Update

Post by BullBear52x »

classic charting is looking at 5 dma as a resistance.
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Cobra
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Re: 10/16/2018 Live Update

Post by Cobra »


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te_fern
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Re: 10/16/2018 Live Update

Post by te_fern »

Is it a bull trap or can they push it higher????
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BullBear52x
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Re: 10/16/2018 Live Update

Post by BullBear52x »

P/l of 1% here, let see how the counter trend goes
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Cobra
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Re: 10/16/2018 Live Update

Post by Cobra »


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BullBear52x
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Re: 10/16/2018 Live Update

Post by BullBear52x »

a new high from here bears will experience uneasiness, late bears that is.
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1der
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Re: 10/16/2018 Live Update

Post by 1der »

Looks like the Health stocks in SP500 are driving the bus today.
te_fern
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Re: 10/16/2018 Live Update

Post by te_fern »

Getting the back test now....
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Trades with cats
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Re: 10/16/2018 Live Update

Post by Trades with cats »

ES 12-18 (2000 Tick) 2018_10_16 (8_13_17 AM).png
I have that last move as four points short of a measured move. But hey bank profits were better than expected and it is options expiration week. No idea where or how much but those profitable big banks are the market makers so you know they are currently on the hook for a lot of option insurance buying so they should be playing trader tricks to get us to at least 2800 by Thursday and 2850 would be a lot better for them (Nomura guru says at the 2750 and 2800 levels is where the action is for the options Gamma Well)
brokebybernacke2
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Re: 10/16/2018 Live Update

Post by brokebybernacke2 »

very possible look out below set up . caution.
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Cobra
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Re: 10/16/2018 Live Update

Post by Cobra »

up from here then it's uptrend day, down and down then it's range day.
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BullBear52x
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Re: 10/16/2018 Live Update

Post by BullBear52x »

The counter trend move is strong one but I don't see fear today from the bulls.
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