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02/13/2020 Live Update

Re: 02/13/2020 Live Update

Postby Cobra » Thu Feb 13, 2020 11:35 am

So far it's just a range day.
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Re: 02/13/2020 Live Update

Postby Heck » Thu Feb 13, 2020 11:39 am

Heck wrote:SP.1 Mar Futures
BUYING Above 3,348.50


$SPX BUYING Above 3,360.52
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Re: 02/13/2020 Live Update

Postby Trades with cats » Thu Feb 13, 2020 11:46 am

ES 3372 is clearly the magic number. Will third time be the charm. If they get there that 18 point spike has very little volume behind it.
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Re: 02/13/2020 Live Update

Postby Heck » Thu Feb 13, 2020 11:46 am

Trades with cats wrote:
Heck wrote:SP.1 Mar Futures
BUYING Above 3,348.50

If you didn't look at the Globex charts from last night where did the drop conveniently stop? Why a major strike of course.Sometimes it looks like the options market is running the futures market.


All connected through the aether
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Re: 02/13/2020 Live Update

Postby Trades with cats » Thu Feb 13, 2020 11:47 am

Let me add, and every body knows it.
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Re: 02/13/2020 Live Update

Postby te_fern » Thu Feb 13, 2020 11:54 am

Would like a small pullback to see what happens. Missed the Semi's, who are running wild...
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Re: 02/13/2020 Live Update

Postby Trades with cats » Thu Feb 13, 2020 11:58 am

Order book is lumpy defending the ES 3375 strike.
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Re: 02/13/2020 Live Update

Postby Trades with cats » Thu Feb 13, 2020 12:01 pm

Big traders know they have the banks in a corner on this one. Big question is what happens once that liquidity is drained, do they push on for the gap or take their profits and call it a day.
Almost 1600 sell orders now at 75
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Re: 02/13/2020 Live Update

Postby Al_Dente » Thu Feb 13, 2020 12:06 pm

Another ATH on XLU
yes, UTILITIES :shock:
[per stockcharts; your numbers may vary]
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Re: 02/13/2020 Live Update

Postby Heck » Thu Feb 13, 2020 12:10 pm

ATH Market Magnestism
$SPX 3,381.47

SPY Target + 20 %
From 335.56 to 403
+ 1.67 % Dividend Yield

VUG Target + 22 %
From 197.81 to 241.02
+ 0.87 % Dividend Yield

QQQ Target + 23 %
From 232.36 to 285.12
+ 0.68 % Dividend Yield

SOXX Target + 33 %
From 263.59 to 350.03
+ 1.16 % Dividend Yield

Too many bears and crashers
Last edited by Heck on Thu Feb 13, 2020 12:32 pm, edited 2 times in total.
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Re: 02/13/2020 Live Update

Postby te_fern » Thu Feb 13, 2020 12:25 pm

Missed the initial move, got a small scalpe in, but feel like I'm picking up pennies in front of a stream roller... :(
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Re: 02/13/2020 Live Update

Postby Heck » Thu Feb 13, 2020 12:39 pm

FIS Target + 47 %
From 147.48 to 216
+ 0.9 % Dividend
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Re: 02/13/2020 Live Update

Postby Heck » Thu Feb 13, 2020 12:43 pm

Trades with cats wrote::lol:
Hello volatility, my old friend
I've come to talk with you again
Because a vision softly creeping
Left its seeds while I was sleeping…


https://www.youtube.com/watch?v=NAEppFUWLfc
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Re: 02/13/2020 Live Update

Postby te_fern » Thu Feb 13, 2020 12:46 pm

Almost got new high....
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Re: 02/13/2020 Live Update

Postby Cobra » Thu Feb 13, 2020 1:08 pm


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Re: 02/13/2020 Live Update

Postby QED » Thu Feb 13, 2020 1:28 pm

Al_Dente wrote:[per stockcharts; your numbers may vary]

I LOVE your disclaimer! :lol:
.
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Re: 02/13/2020 Live Update

Postby brokebybernacke2 » Thu Feb 13, 2020 2:07 pm

cripes what a lockout rally. too nervous to buy, feels old.
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Re: 02/13/2020 Live Update

Postby Al_Dente » Thu Feb 13, 2020 2:12 pm

Options traders love SPX. They don’t move tick-for-tick with SPX but nearly so…
Here, see SPX also/only loves the FANG+ (pink)
But when it loses the support of the options traders (green dots), it doesn’t bode well for SPX
AD internals below 1-to-1 all day… hella weak all day ...
5min, changes quickly
213fang.png.png
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Re: 02/13/2020 Live Update

Postby Al_Dente » Thu Feb 13, 2020 2:15 pm

add:
please note that when SPX (purple) bottomed this morning near 10:00 am, the fang+ (pink) was printing a higher low :shock: :shock: :shock:
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Re: 02/13/2020 Live Update

Postby JFR » Thu Feb 13, 2020 2:17 pm

ES daily. A pause in the action. Well above the EMA 20.


2020-02-13_1014.png
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