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04/18/2019 Live Update

Trades with cats
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Re: 04/18/2019 Live Update

Post by Trades with cats »

ES 06-19 (8000 Tick) 2019_04_18 (8_31_23 AM).png
brokebybernacke2
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Re: 04/18/2019 Live Update

Post by brokebybernacke2 »

she might break
Daniel
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Re: 04/18/2019 Live Update

Post by Daniel »

XLV, down over 1%... but perhaps probing for a bottom. Am watching XLV because it has been a headline leader to the downside for the past few days. If it bottoms, bears might want to be cautious.
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Al_Dente
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Re: 04/18/2019 Live Update

Post by Al_Dente »

15 minute “Solid Line” chart blunts the effect of opening gaps, and gives a smoother view
418fifteen.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
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Re: 04/18/2019 Live Update

Post by Daniel »

aapl, uso now grn
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Al_Dente
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Re: 04/18/2019 Live Update

Post by Al_Dente »

News last night re our Healthcare Cartel: doctors and nurses have allegedly been trading opioids for sex and cash.
[not joking]
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: 04/18/2019 Live Update

Post by BullBear52x »

I think the bottom is in, I would normally buy the next buy setup but it's Friday (Long weekend) Peace!
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Cobra
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Re: 04/18/2019 Live Update

Post by Cobra »

the range low might be in. probably it's just a range day instead of a downtrend day, better than I thought.
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Trades with cats
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Re: 04/18/2019 Live Update

Post by Trades with cats »

ES 06-19 (8000 Tick) 2019_04_18 (9_05_28 AM).png
At VWAP, now we will see which part of today's double profile is in charge.
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Re: 04/18/2019 Live Update

Post by Trades with cats »

Low volume node at ES 2904 both yesterday and overnight. With With VWAP at 2903, well why not stop and wait for the euro zone folks to go home.
Daniel
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Re: 04/18/2019 Live Update

Post by Daniel »

Energy stocks tanking. XLV and AAPL continue their intraday recoveries.
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Re: 04/18/2019 Live Update

Post by Trades with cats »

Returning to scene of the crime so the normal auction can resume. Also ES 2906 is yesterday's POC which was support prior to the news event triggering the algos.
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Cobra
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Re: 04/18/2019 Live Update

Post by Cobra »


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Daniel
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Re: 04/18/2019 Live Update

Post by Daniel »

QQQ grn
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Al_Dente
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Re: 04/18/2019 Live Update

Post by Al_Dente »

60min
Box on smalls
Cumulative tick short
Options traders long
AD slightly short
418sixty.png.png
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Cobra
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Re: 04/18/2019 Live Update

Post by Cobra »

100% mm which means the up momentum still is strong so another leg up is more likely.
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Trades with cats
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Re: 04/18/2019 Live Update

Post by Trades with cats »

Contrarian view, the Broker Dealers need to close the week at or above cash market 2,900 so as to encourage the last of the MM account balances to transfer in. The big payday is Uber IPO and that can go anytime over the next 28 or so days, so it will be the Broker Dealer Banks judgement call on liquidity levels. I think it goes off before the risk of bad earnings forecasts sink things. Of course I am probably wrong and the outlooks will all be five star rated. But I am guessing the Broker Dealers will make way more on the big IPO's than they will on earnings, so that is why I think they will try to grab that cash rather than have retail buy more Apple etc. :D

By the way look at the bag holder charts out on the internet. Unreal but yes at these levels retail is buying in for the first time this year. As the old rule says, retail tends to buy the most at tops. Assumption on my part that Black rock's Larry Fink has once again called a top.
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Cobra
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Re: 04/18/2019 Live Update

Post by Cobra »

the pullback should be bought which was what I mean bulls may have another leg.
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Re: 04/18/2019 Live Update

Post by Trades with cats »

ES 06-19 (2000 Tick) 2019_04_18 (11_02_13 AM).png
The Momentum Oscillator (inside a Donchain Channel) and the faster acting Divergence Oscillator both announced that the up move was overshooting once we hit Cobra's measured move (blue arrow line).

I am trying out a new to me way to look at the good old ema. That is a triple EMA from Lizard Indicators. Upper is the EMA of the bar highs, lower is the opposite. I am using it to change price bar color and outline when they close inside the EMA Zone.
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Re: 04/18/2019 Live Update

Post by Trades with cats »

Double top pullback, waiting for a decision, try for a third time or put in a lower low.
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