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11/13/2018 Live Update

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Cobra
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11/13/2018 Live Update

Post by Cobra »

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generally should be a revisit of the overnight low to make a double bottom.
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Cobra
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Re: 11/13/2018 Live Update

Post by Cobra »


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BullBear52x
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Re: 11/13/2018 Live Update

Post by BullBear52x »

Captain Obvious. it ain't gonna happen.

sell the rips to continue in all time frame. I am on the south bound train atm.
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BullBear52x
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Re: 11/13/2018 Live Update

Post by BullBear52x »

/ES has a hard time pushing above 750 all night, weak signs.

sell the rip.
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Daniel
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Re: 11/13/2018 Live Update

Post by Daniel »

BullBear52x wrote:Captain Obvious. ... I am on the south bound train atm.
I am not on a train I am sitting in a train station, sniffing flowers. My hands are pressed firmly under my ass. Neither bull nor bear.

The charts are all pointing lower or sideways ahead. But this is a historically bullish next couple of weeks, in terms of Presidential Cycle as well as annually-recurring periods of strength. It’s historically been a bad time to hold bearish positions, in terms of profit curves.

Perhaps one could trade off a tag of a bollinger-band, upper or lower... or just stay in cash sniffing flowers... .. :|

:?:
Daniel
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Re: 11/13/2018 Live Update

Post by Daniel »

SPY is probing its Open/LOD, first half hour bar is looking to close in its bottom quarter of range...
brokebybernacke2
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Re: 11/13/2018 Live Update

Post by brokebybernacke2 »

Daniel wrote:
BullBear52x wrote:Captain Obvious. ... I am on the south bound train atm.
I am not on a train I am sitting in a train station, sniffing flowers. My hands are pressed firmly under my ass. Neither bull nor bear.

The charts are all pointing lower or sideways ahead. But this is a historically bullish next couple of weeks, in terms of Presidential Cycle as well as annually-recurring periods of strength. It’s historically been a bad time to hold bearish positions, in terms of profit curves.

Perhaps one could trade off a tag of a bollinger-band, upper or lower... or just stay in cash sniffing flowers... .. :|

:?:
XLF - financials - 26.50 level key - breakdown breaks bull hopes imho.
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Cobra
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Re: 11/13/2018 Live Update

Post by Cobra »


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BullBear52x
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Re: 11/13/2018 Live Update

Post by BullBear52x »

No new LL, not very happy with da bears right now, a new HOD we might get an up trend day. I am ready to switch to the north bound train if so.
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Re: 11/13/2018 Live Update

Post by Daniel »

SPY just missed a gap fill by a precise Nickel--and then took off like a jackrabbit. Big buy program perhaps?
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BullBear52x
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Re: 11/13/2018 Live Update

Post by BullBear52x »

I hop on the buy wagon now, lets go bulls, to da moon and beyond.......
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Re: 11/13/2018 Live Update

Post by Daniel »

brokebybernacke2 wrote:XLF - financials - 26.50 level key - breakdown breaks bull hopes imho.
XLF 26.50 level on an hourly chart has been significant as the center of a broad band of support (+/- 1%) back to early October. And in daytrade timeframe it’s yesterday’s low.

However, XLF has been a jackrabbit today, 3 strong 15min bull bars taking it to a current 1% gain so far...
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BullBear52x
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Re: 11/13/2018 Live Update

Post by BullBear52x »

very volatile today, I love volatility buy this one is something.
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Re: 11/13/2018 Live Update

Post by Daniel »

SPY suddenly reversal and gap-fill! Guess it was the turn for a big sell program to rumble thru. No apparent logic to the flip flops of the day so far.
daytradingES
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Re: 11/13/2018 Live Update

Post by daytradingES »

Daniel wrote: I am not on a train I am sitting in a train station, sniffing flowers. My hands are pressed firmly under my ass. Neither bull nor bear.

The charts are all pointing lower or sideways ahead.
I go with this.

sideways indecision is the tone
this tone continues the o/n energy.

Initially, last night and then this morning, I thought it would be an up day (initially) and a midday reversal and then down forming a caret shape.

We are closer to the low end and as Cobra highlight odds favour a re-visit of the on low. ... but...
My H/L estimate (with very low confidence is 56.5 to 18 )

Since I started typing this a short sim trade is going positive so I am looking for them to take it (eventually in a zig-zag fashion) to 2718 - 14 area

(sim trade just closed short at 37 closed 25.5 - all numbers are ES of course )
Last edited by daytradingES on Tue Nov 13, 2018 11:32 am, edited 1 time in total.
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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Al_Dente
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Re: 11/13/2018 Live Update

Post by Al_Dente »

ROUGHLY
measuring from the 10/29 low to the 11/8 high
smalls retraced 50% (down)
SPX retraced 40-50%
QQQ retraced 61.8%
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: 11/13/2018 Live Update

Post by BullBear52x »

BullBear52x wrote:/ES has a hard time pushing above 750 all night, weak signs.

sell the rip.
Buy the dip signal, today is very hard to trade but will see the day is too young to get confuse.
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Daniel
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Re: 11/13/2018 Live Update

Post by Daniel »

BullBear52x wrote:....the day is too young to get confused.
It's never too early in the day for me to get confused.

I think mean-reversion based Algos are getting set off periodically, by predetermined numbers. In humans, such quick swings would be accompanied by elation, or despair and panic. But to algos it's just a 62% retracement or whatever. :|

:)
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BullBear52x
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Re: 11/13/2018 Live Update

Post by BullBear52x »

Daniel wrote:
BullBear52x wrote:....the day is too young to get confused.
It's never too early in the day for me to get confused.

I think mean-reversion based Algos are getting set off periodically, by predetermined numbers. In humans, such quick swings would be accompanied by elation, or despair and panic. But to algos it's just a 62% retracement or whatever. :|

:)
Fib 61.8% will help the bulls algos
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Cobra
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Re: 11/13/2018 Live Update

Post by Cobra »

don't know it's a falling wedge or double bottom here. either way, so far looks like a range day.
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