12/04/2018 Live Update

[daytradingES]

Here is an ES chart (5 min)

[daytradingES]

High Est 2794.75
Actual High 2787.25
Dif= 7.50

Low Est 2762.50
Actual Low 2766.75
Dif= -4.25

Thanks for your work dtES. Definitely gives us some guide posts and targets....

Thanks Fern

Very kind of you.

They have been off of late but I am working towards better!
The market is a "very sly tricky devious sort of thing" (*) at the moment.

(*) quote from Neville Goddard audio I listen to

[Trades with cats]

buy orders for over 1,000 contracts at ES 2765. My order book is only 10 ticks above and below current price, but it is 2 to 1 buy verses sell so clearly traders see this as a bottom area for now.

[te_fern]

Even the Bio's have given up from this mornings strength......

[Al_Dente]

Found a box
(it’s what I live for)
QQQ
2min

[JFR]

IWM down to S2. Back later ...

[Al_Dente]

buy orders for over 1,000 contracts at ES 2765. My order book is only 10 ticks above and below current price, but it is 2 to 1 buy verses sell so clearly traders see this as a bottom area for now.

that appears to be some valuable stuff
hope you keep posting that, boss

[Al_Dente]

DTES Low Est was 2762.50

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2018/12 ... ay-update/

[QED]

buy orders for over 1,000 contracts at ES 2765. My order book is only 10 ticks above and below current price, but it is 2 to 1 buy verses sell so clearly traders see this as a bottom area for now.

High yesterday = 2764.75, so they are placing buy orders one tick above gap fill.
.

[Cobra]

only now it's clear a downtrend day, usually with later day reversal up though.

[Shaishen]

buy orders for over 1,000 contracts at ES 2765. My order book is only 10 ticks above and below current price, but it is 2 to 1 buy verses sell so clearly traders see this as a bottom area for now.

High yesterday = 2764.75, so they are placing buy orders one tick above gap fill.
.

Filling Xi gap and cleaning out Nov 12 singles all in one shot..

.

[BullBear52x]

Intraday = Bear, sell rip

swing = last buy point.

[daytradingES]

10:12 AM 12/4/2018

That is most of the way to the low end est of 2762.50.
At this point is a question mark and the market looks stalled.
My feeling is a further push down, but can it push below the LE?
It could so the LE est is only a point to watch if you are short and falling into it.
2754.00 2755.50 =range rule
NTA

[daytradingES]

chart

[Trades with cats]

Volume Profile tells the story.

[Al_Dente]

AD still red
TOP PANEL:
EARLIER TODAY:
NY declining stocks = 2.2 x advancing stocks
NY declining volume = 2.6 x advancing volume
NOW:
NY declining stocks = 3.3 x advancing stocks
NY declining volume = 4.7 x advancing volume

Kneupper TICK dips into the red; not terminally dead until the black line dips into the red… is’s very very near
5min chart

[QED]

ES low = greater than 100% below overnight range!

[Al_Dente]

Found a box
(it’s what I live for)
QQQ
2min

sheeesh, target met within minutes

[daytradingES]

wish this sim was cash!!!

(closed now... but bouncing back and forth from estimates, posting etc)

from the model
low Stop est= 2729.00 (this doesn't mean I am estimating it will get there)
We are below the support.

Breakdown est 2722.75 (not the level this is something new a target below the breakdown level)