01/23/2019 Live Update

[Al_Dente]

In other words: bear volume is 1.4x bull volume
That’s not enough for grizzly
1.6x would be a good start … then more than 1.6x
(it just dropped to 1.3x, and bulls are buying the dip)

[BullBear52x]

In other words: bear volume is 1.4x bull volume
That’s not enough for grizzly
1.6x would be a good start … then more than 1.6x
(it just dropped to 1.3x, and bulls are buying the dip)

RSI is running above 60 now, I think intraday bulls are okay.

[Al_Dente]

In other words: bear volume is 1.4x bull volume
That’s not enough for grizzly
1.6x would be a good start … then more than 1.6x
(it just dropped to 1.3x, and bulls are buying the dip)

RSI is running above 60 now, I think intraday bulls are okay.

bears are pizzed now, vol ratio 1.2x, the slightest shred of good news = bears will commence covering en masse (squeeze)

[BullBear52x]

now my $TICk is bullish crossed.

[Trades with cats]

machines in charge (turned down at 38.2% fib.)

[Al_Dente]

now my $TICk is bullish crossed.

show me your tick, boss

[BullBear52x]

now my $TICk is bullish crossed.

show me your tick, boss

new crossed so still weak but not bearish.

[Al_Dente]

thanks bossman

[BullBear52x]

thanks bossman

all indicators are lagging, I am still in search for the holy grail.

[Al_Dente]

thanks bossman

all indicators are lagging, I am still in search for the holy grail.

only price pays boss
u taught me that years ago

[Al_Dente]

OMG u must see their new thingy… it’s only 46 seconds
Go to youtube
Search “amazon scout”

[Cobra]

made a double bottom at yesterday's low so probably the low was in.

[BullBear52x]

My mechanical stops took me out, I am done Peace!

[Trades with cats]

Tesla- I still think they will default on their debt which could be the blasting cap that sets off the debt implosion (retail investors panicking and dumping debt based ETFs). This week nothing but bad news. Porsche just doubled production of their new Tesla killer. We were reading a week or two ago that North American quota was already sold out for the year with the largest group of buyers being Tesla owners. Today we are reading about layoffs and dropping margins. Nothing new on the financial miss statement front yet.

I really don't see how anything can save this other than government intervention and I really don't see that getting done with this congress.

As Heidi used to say on "Project Runway" in fashion one week your in and the next you are out!

[Trades with cats]

At VWAP so now we will see if we drop back like yesterday or not. Today VWAP 2633 ish, yesterday 2635 ish, big difference is we are there 2 hours sooner.

[Trades with cats]

Bull Bias needs to get their MoJo back here at VWAP!

[Al_Dente]

Regardless of how we close today, We have lower lows on the daily:
IWM
SPX
QQQ
NO LOWER LOW ON INDU

[Trades with cats]

Failed 3 times at VWAP waiting to see if Bulls can try 4th time or should I fire up the grill?

[Al_Dente]

Swing
Rallys are just opportunities to re-short until further proof…. until we are out of the red
(note banks KBE are holding above the red…… but need to break above that LH and LL pattern....... ditto health)

[Trades with cats]

This is my slow chart. I am seeing an orderly selling pattern. I am not seeing a sign of a lasting bottom unless the algos are fired up for the last 20 minutes of the day and yet another 15 point rocket launch.

Wave counters are looking for 2,600. Market observers are also expecting a re-test of the double aught level. But any scrape of good news could send us careening back to 2,700 in a heart beat. Just saying.