10/17/2018 Live Update

[Trades with cats]

MOC inbalance keeps moving around, last tweet is was 550 million to sell. So wondering if we get another 10 points in ten minutes like yesterday's close. when the MOC was a huge buy.

[q2model]

MOC inbalance keeps moving around, last tweet is was 550 million to sell. So wondering if we get another 10 points in ten minutes like yesterday's close. when the MOC was a huge buy.

Where do you see that?
Thanks,
Q

[Trades with cats]

Warren Meyers
@MeyersWarren

On twitter. No idea how he gets it but he does.
There is so much that goes on in the market that the pro's have access to and we do not that goes a long way towards explaining some of these moves.

[q2model]

Warren Meyers
@MeyersWarren

On twitter. No idea how he gets it but he does.
There is so much that goes on in the market that the pro's have access to and we do not that goes a long way towards explaining some of these moves.

Thank you

[Trades with cats]

Too late in the day for a good ride, but if I got lucky with my trend lines it sure looks like a channel so far.

[WindWalker]

Boss, I think you Hutong is down. Just like Youtube last night LOL

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2018/10 ... ay-update/

[Cobra]

well, guess that's it for today. Thursday tomorrow has been mixed. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859

[QED]

MOC inbalance keeps moving around, last tweet is was 550 million to sell. So wondering if we get another 10 points in ten minutes like yesterday's close. when the MOC was a huge buy.

Where do you see that?
Thanks,
Q

MOC imbalance orders (401K’s, etc.) start floating around the floor in the early afternoon. They need to try and get large buyers and sellers matched up. The official numbers are released to the public around 3:45 p.m., but as stated, the floor traders (like Warren Meyers) have access to the mutable number all day. It frequently flips between buy imbalance and sell imbalance, but I do not start to really pay attention until it exceeds $1 billion either direction. For those that are unfamiliar, if the imbalance is $1.5 billion to sell, the market will “usually” drop in the last hour because the market makers have to buy the sell orders and if they can get the market down, they save money. However, if like yesterday, the imbalance was $1.2 billion to buy, they took the market up and obliged those buyers by selling them stock higher than the market makers bought it earlier yesterday afternoon.
.

[Trades with cats]

Thanks for that, makes good sense and matches up with what we saw yesterday so nicely!