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10/18/2018 Live Update

Daniel
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Re: 10/18/2018 Live Update

Post by Daniel »

$RVX just poked to a quick LOD... then spiked up off that fresh low. Odd behavior of this often leading indicator (ultra-short timeframe), since RUT/IWM price has not (yet) reacted much. IWM is still trying to base around 157 (for a higher low).
te_fern
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Re: 10/18/2018 Live Update

Post by te_fern »

Watching this triangle for now....
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te_fern
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Re: 10/18/2018 Live Update

Post by te_fern »

Got close, pulling back now...
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te_fern
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Re: 10/18/2018 Live Update

Post by te_fern »

Smalls going sideways this morning, near the low of the day, got a ways to go for yesterdays low......
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brokebybernacke2
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Re: 10/18/2018 Live Update

Post by brokebybernacke2 »

best guess next week will give better direction, chop till then...
Daniel
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Re: 10/18/2018 Live Update

Post by Daniel »

te_fern wrote:Smalls going sideways this morning, near the low of the day, got a ways to go for yesterdays low......
IWM still testing its LOD from earlier.. with RVX still well off its high..
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MrMiyagi
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Post by MrMiyagi »

SPY tried, nearly went flat but got kicked in the sack at 11:15. NYMO bounced off -40 at 10:00 leading that SPX run but I guess the Dark Power still pressing down on this market, WHERE IS BABY JANET???
te_fern
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Re:

Post by te_fern »

MrMiyagi wrote:SPY tried, nearly went flat but got kicked in the sack at 11:15. NYMO bounced off -40 at 10:00 leading that SPX run but I guess the Dark Power still pressing down on this market, WHERE IS BABY JANET???
Probably at the beach! LOL!
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te_fern
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Re: 10/18/2018 Live Update

Post by te_fern »

Step away from the keyboard for a minute and we're back to the lows of the day.....
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te_fern
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Re: 10/18/2018 Live Update

Post by te_fern »

Semi's making 2 day lows....
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te_fern
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Re: 10/18/2018 Live Update

Post by te_fern »

Bulls have loss the ball....
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te_fern
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Re: 10/18/2018 Live Update

Post by te_fern »

Remember that coolbiz thinks we're headed back to 2710 which is the low on the above chart....
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Cobra
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Re: 10/18/2018 Live Update

Post by Cobra »

broke yesterday's low, but looks like a typical break down then sharp rebound, let's see.
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MrMiyagi
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Post by MrMiyagi »

Cobra wrote:broke yesterday's low, but looks like a typical break down then sharp rebound, let's see.
USA not going to Saudi Investment Summit, as per Mnuchin. So this puts pressure on geopolitical tensions. And pushed equities lower. HELICOPTER BEN WOULD NOT HAVE DONE THIS!!!
Trades with cats
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Re: 10/18/2018 Live Update

Post by Trades with cats »

Supposed to be lots of options insurance at the 2750 strike so I would expect the options market makers are going to protect that level if it gets to it.
te_fern
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Re: 10/18/2018 Live Update

Post by te_fern »

Almost looks like a double bottom, then do we get Cobra's suggested rally????
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te_fern
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Re: 10/18/2018 Live Update

Post by te_fern »

Not yet....
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MrMiyagi
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Post by MrMiyagi »

te_fern wrote:Almost looks like a double bottom, then do we get Cobra's suggested rally????
I'm gonna go for my breakfast break. I bet no recovery today, -40 SPX probably.
te_fern
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Re: 10/18/2018 Live Update

Post by te_fern »

S2 pivot next potential stop....
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QED
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Re:

Post by QED »

MrMiyagi wrote:USA not going to Saudi Investment Summit, as per Mnuchin. So this puts pressure on geopolitical tensions. And pushed equities lower. HELICOPTER BEN WOULD NOT HAVE DONE THIS!!!
Maybe MBS can "interrogate" Mnuchin. ;-)
.
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