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12/31/2018 Live Update

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Al_Dente
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Re: 12/31/2018 Live Update

Post by Al_Dente »

All the traders on the NYSE floor are singing “Wait ‘till the Sun Shines Nellie”
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 12/31/2018 Live Update

Post by Al_Dente »

Here’s another way to look at last week’s exhaustion:
Q: of all those declining issues, were there many decliners that hit NEW LOWS?
A: see chart
Okay then
1231exhaustion.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
K447
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Re: 12/31/2018 Live Update

Post by K447 »

te_fern wrote:... enough buyers left to push through?
Think of it this way ... Soooo, who wants to be big long going into the holiday?

Or, who wants to be heavy short while the markets are closed?


What could possibly happen? :roll:
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BullBear52x
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Re: 12/31/2018 Live Update

Post by BullBear52x »

one more buy the dip here before I would say bulls are out of bullets.
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daytradingES
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Re: 12/31/2018 Live Update

Post by daytradingES »

I think this is showing a double top.
Not trading today.

Wednesday look for possible push to 2529, 2539 to top and fail.
That is the rebound to end there.. :-)

Happy New Year All!!
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Good trading to all
Trades with cats
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Re: 12/31/2018 Live Update

Post by Trades with cats »

Helen, who I follow on twitter says read my column where she does a good job of showing how many times we have to see record lows before the low is in. I highly recommend it, sort of a wordy talk with someone who sees things the same way as Cobra.
https://realmoney.thestreet.com/investi ... 9-14821318
Trades with cats
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Re: 12/31/2018 Live Update

Post by Trades with cats »

And back down to regular hours VWAP.
brokebybernacke2
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Re: 12/31/2018 Live Update

Post by brokebybernacke2 »

K447 wrote:
te_fern wrote:... enough buyers left to push through?
Think of it this way ... Soooo, who wants to be big long going into the holiday?

Or, who wants to be heavy short while the markets are closed?


What could possibly happen? :roll:
btfd!
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BullBear52x
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Re: 12/31/2018 Live Update

Post by BullBear52x »

no go, no waste time. Peace!
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te_fern
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Re: 12/31/2018 Live Update

Post by te_fern »

brokebybernacke2 wrote:
K447 wrote:
te_fern wrote:... enough buyers left to push through?
Think of it this way ... Soooo, who wants to be big long going into the holiday?

Or, who wants to be heavy short while the markets are closed?


What could possibly happen? :roll:
btfd!
LOL!, I think I'm with K447, don't to be in the market over the new years! Trying to sit on my hands!! :D
This is not investment or trade advice.
Daniel
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Re: 12/31/2018 Live Update

Post by Daniel »

USO daily hammer. Near hod. Will equities follow, into the close?
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Cobra
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Re: 12/31/2018 Live Update

Post by Cobra »

maybe rebound from range low to range high - a typical range day.
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Al_Dente
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Re: 12/31/2018 Live Update

Post by Al_Dente »

Trades with cats wrote:Helen, who I follow on twitter says read my column where she does a good job of showing how many times we have to see record lows before the low is in. I highly recommend it, sort of a wordy talk with someone who sees things the same way as Cobra.
https://realmoney.thestreet.com/investi ... 9-14821318
:D :D Thanks boss, good one
Conclusion:
The “common theme … is that extremes get retested. Whether or not those tests are successful remains to be seen.
A successful test is when the indicators do not get as extreme as the previous reading. I expect 2019 will see retests.”
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 12/31/2018 Live Update

Post by Al_Dente »

Last HAPPY HOUR of the year
HAPPY NEW YEAR TO COBRA, the real boss
He doesn’t like presents, so give him a VOTE today, tomorrow and every day
cobra.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 12/31/2018 Live Update

Post by Al_Dente »

The "quarterly rebalancing" chart
They have less than ONE HOUR left
1231rebalance.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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JFR
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Re: 12/31/2018 Live Update

Post by JFR »

Off quietly into the sunset? We will see ...

2018-12-31_1215.png
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JFR
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Re: 12/31/2018 Live Update

Post by JFR »

Happy New Year to everyone.

And thank you to Cobra for hosting this site.

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Al_Dente
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Re: 12/31/2018 Live Update

Post by Al_Dente »

it’s not a wall, it’s just a vertical thing
it’s not a wedge, it just looks like a wedge
60min
1231wedge.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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JFR
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Re: 12/31/2018 Live Update

Post by JFR »

IWM trying to start a running of the bulls. We will see ...

2018-12-31_1233.png
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Cobra
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Re: 12/31/2018 Live Update

Post by Cobra »


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