12/04/2018 Live Update

[Al_Dente]

SPX still above the "The Powell Put" 2700-ish
Translated to SMALLS that Powell Put was roughly 60 on TNA
We are testing/breaking that on TNA
Oy

[BullBear52x]

wish this sim was cash!!!

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

from the model
low Stop est= 2729.00

every time your number hit, it hit BIG!
Nice,

[Al_Dente]

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

black ma just dipped into the red

OFF TOPIC: Auto CEOs are at the WH
watch for leaks or news

[Shaishen]

SPX still above the "The Powell Put" 2700-ish
Translated to SMALLS that Powell Put was roughly 60 on TNA
We are testing/breaking that on TNA
Oy

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

.

Impressive - wouldn't think the 11/27 singles get taken out as well today, but possible now which means "2700-ish Powell Put"

.

[Cobra]

vol surge, probably a rebound here first then we'll see, probably would be sold.

[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

every time your number hit, it hit BIG!
Nice,

Thanks BB

One of these days I'll pull it together cash -
Get a good sleep on time (I wish!) and that gut level - "I have this one nailed!!"

soon my friend - soon!!

[te_fern]

A little bounce now, but it has fallen out of bed today...

[daytradingES]

11:43 AM 12/4/2018

[Al_Dente]

.............impressive - wouldn't think the 11/27 singles get taken out as well today, but possible now which means "2700-ish Powell Put"
.

what do you mean by "singles" boss ?

[Al_Dente]

Najarian:
19 VIX on a -600 point selloff
Makes no sense

[te_fern]

Najarian:
19 VIX on a -600 point selloff
Makes no sense

I agree with you, so do you think its setting up for a big bounce?

[daytradingES]

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

The above (2722.75) was a newly found formula.
Previously I didn't have an estimate below the breakout level = the level the model says the market has broken down

LOD so far 2721 -1.75pts

[BullBear52x]

It's official, the short term trend is Bull no more.

[Trades with cats]

Had not noticed that we bounced at the 50% retrace from the Nov 25ish low.

Bond market is crazy they are saying on twitter. Wondering if the drop in equities is (besides the fact that everyone and their dog expected this) is the equal risk funds deleveraging. They don't buy options, they just get out.

[Shaishen]

.............impressive - wouldn't think the 11/27 singles get taken out as well today, but possible now which means "2700-ish Powell Put"
.

what do you mean by "singles" boss ?

it's Market Profile talk: single prints = usually only one letter
price basically rushing through several levels non stop = high emotion (like today)
Singles pretty much act like a gap = they will be revisited/retraced
Considered unfinished business
https://www.mypivots.com/dictionary/def ... ngle-print

Perhaps TradeWithCats can comment more eloquently

.

[Al_Dente]

.............impressive - wouldn't think the 11/27 singles get taken out as well today, but possible now which means "2700-ish Powell Put"
.

what do you mean by "singles" boss ?

it's Market Profile talk: single prints = usually only one letter
price basically rushing through several levels non stop = high emotion (like today)
Singles pretty much act like a gap = they will be revisited/retraced
Considered unfinished business
https://www.mypivots.com/dictionary/def ... ngle-print
Perhaps TradeWithCats can comment more eloquently.

thanks boss

[Al_Dente]

Najarian:
19 VIX on a -600 point selloff
Makes no sense

I agree with you, so do you think its setting up for a big bounce?

i don't know, i'm waiting for a rip-your-face-off squeeze/bounce on TNA but it's avacado not yet

[Al_Dente]

Trade tariff detente
Yield-curve inversion
Now the “talking heads” are hyperventilating:
Down on fears of weak earnings growth ahead
No wait, it’s Toll Brothers orders “down 13% from the year prior” [housing “collapse”]
TOO MUCH NEWS, only price matters
And boom, everybody below 200sma again

[brokebybernacke2]

Najarian:
19 VIX on a -600 point selloff
Makes no sense

algos work well, but it does make me dream of what 40 vix might look like?!

[BullBear52x]

looks like we are going for -100 points spx down day. Oy....