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10/26/2018 Live Update

Trades with cats
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Re: 10/26/2018 Live Update

Post by Trades with cats »

global recession model.png
Had to hunt it down.
q2model
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Re: 10/26/2018 Live Update

Post by q2model »

Trades with cats wrote:
BullBear52x wrote:Now it's time to see when market crashed in the past, with the GDP like this I will say what's in front of me doesn't suggest that it will crash any time soon.
Ned Davis research world wide economy chart saying 92% chance global recession. US is the cleanest shirt in the closet.
They declared global bear market a few months ago. Was supposed to have a conference call about it, but it was cancelled due to some technical issue.

Their US model is still bullish.
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BullBear52x
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Re: 10/26/2018 Live Update

Post by BullBear52x »

Al_Dente wrote:“…if history is any guide, traders should proceed with caution…”
[Ned Davis Research, in a note to clients, yesterday]
If the chart I shown turning down I will say yes time to buy a bunker.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 10/26/2018 Live Update

Post by BullBear52x »

q2model wrote:
Trades with cats wrote:
BullBear52x wrote:Now it's time to see when market crashed in the past, with the GDP like this I will say what's in front of me doesn't suggest that it will crash any time soon.
Ned Davis research world wide economy chart saying 92% chance global recession. US is the cleanest shirt in the closet.
They declared global bear market a few months ago. Was supposed to have a conference call about it, but it was cancelled due to some technical issue.

Their US model is still bullish.
This the thing, some people chart Gold to trade SPX
I chart SPX to trade SPX :)
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades with cats
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Re: 10/26/2018 Live Update

Post by Trades with cats »

Problem isn't the charts and the models, it is the Federal Reserve. The pro's are saying the SOMA run off is essentially doubling the effect of the rate increases and Yellen made it clear they would not adjust the SOMA run off program. Powell Fed has confirmed. Now Trump on their case so you note two voting members hit the airwaves to say stuff it we don't care about your silly stock market. :o
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BullBear52x
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Re: 10/26/2018 Live Update

Post by BullBear52x »

back to day trade, now we got LL again, the one minute is now reset to bearish again, the counter trend buy never trigger. still waiting for the setup, will see, the lower the better I guess.
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BullBear52x
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Re: 10/26/2018 Live Update

Post by BullBear52x »

simple stuff like this for me to buy
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Cobra
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Re: 10/26/2018 Live Update

Post by Cobra »

sorry, forgot to post, it's possible downtrend day with maybe later day reversal, at least this bear shall have legs.
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Daniel
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Re: 10/26/2018 Live Update

Post by Daniel »

Nothing says Risk OFF like FXY up nearly 1%, to a fresh 20day high.
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Mr. BachNut
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Re: 10/26/2018 Live Update

Post by Mr. BachNut »

Tried some long yesterday and stopped out today.
A bad close today and it looks like that February low is in for a test.
Then we will see.
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Al_Dente
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Re: 10/26/2018 Live Update

Post by Al_Dente »

AD
NY
Declining issues are 6.8x advancing issues
Declining volume is 5.8x advancing
Last edited by Al_Dente on Fri Oct 26, 2018 11:20 am, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 10/26/2018 Live Update

Post by BullBear52x »

Counter trend buy (/ES 640)
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BullBear52x
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Re: 10/26/2018 Live Update

Post by BullBear52x »

rip will be sold, and that's when I am done for da day. Peace!
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BullBear52x
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Re: 10/26/2018 Live Update

Post by BullBear52x »

you got to love this volatility, I hope it last for months
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Mr. BachNut
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Re: 10/26/2018 Live Update

Post by Mr. BachNut »

Mr. BachNut wrote:Tried some long yesterday and stopped out today.
A bad close today and it looks like that February low is in for a test.
Then we will see.
Conversely, a good close today could signify reversal.

Break of the morning high will get a squeeze ripping.
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BullBear52x
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Re: 10/26/2018 Live Update

Post by BullBear52x »

If this sell fails, going into next week, the bullish counter trend on a bigger time frames will carry over. GL

It's Friday!
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Cobra
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Re: 10/26/2018 Live Update

Post by Cobra »

1st good sign but generally a revisit is needed.
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Cobra
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Re: 10/26/2018 Live Update

Post by Cobra »


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Cobra
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Re: 10/26/2018 Live Update

Post by Cobra »

testing day high key time. sharp pullback then it's just a range day. small pullback or consolidation or breakout then it might be a V reversal day.
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Cobra
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Re: 10/26/2018 Live Update

Post by Cobra »

clear breakout, so this bull shall have legs.
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