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11/15/2017 Live Update

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Cobra
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11/15/2017 Live Update

Post by Cobra »

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testing support.
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Cobra
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Re: 11/15/2017 Live Update

Post by Cobra »


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Trades with cats
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Re: 11/15/2017 Live Update

Post by Trades with cats »

Overnight volume was 3x typical. Asian markets sold off and then London/Frankfurt traders sat on their hands. My feeds say it was all caused by adding health care to the tax bill.
fehro
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Re: 11/15/2017 Live Update

Post by fehro »

look out below!
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te_fern
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Re: 11/15/2017 Live Update

Post by te_fern »

Several people have said that 2566 was important support, so we maybe in new territory here. A correction???
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SPX.PNG
This is not investment or trade advice.
te_fern
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Re: 11/15/2017 Live Update

Post by te_fern »

I was upset yesterday about the bots taking me out of my day trade. Any thoughts I had about not using a stop loss should be set aside after this morning!!
This is not investment or trade advice.
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Cobra
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Re: 11/15/2017 Live Update

Post by Cobra »


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te_fern
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Re: 11/15/2017 Live Update

Post by te_fern »

A little longer time period for the 2566 support we just broke. Also, can see a H&S formation.....
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te_fern
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Re: 11/15/2017 Live Update

Post by te_fern »

I would guess that we will bounce back to the bottom of the box and then we can see what will happen...
This is not investment or trade advice.
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Mr. BachNut
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Re: 11/15/2017 Live Update

Post by Mr. BachNut »

Mr. BachNut strolling in with a post.

NYMO has been in a decline since September 1 while price has marched relentlessly higher until the last few days.
All models are wrong, but some are useful.
I have not posted NYMO for a while because it has been absurd.

Today is noteworthy however, because NYMO has reached the Turn zone.
The oversold zone is still a ways below, but it is fair to start looking for a turn up in the days ahead.

It would not surprise me to see a bounce followed by a lower low tag of the middle keltner with a positive NYMO divergence at some point.
Some key down gap targets are being hit this morning. We now have additional targets above and below.

I have been short the Russell 2000 for a while having scaled out and with just a runner on now.
I missed an SPX short entry Monday night that would have scaled back this morning.
Next trade could be long or re-loading short a bounce.
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NYMO 111517.jpg
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Cobra
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Re: 11/15/2017 Live Update

Post by Cobra »

the rebound should fail. don't expect another reversal up day again. but well, never underestimate the power of bull side...
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brokebybernacke2
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Re: 11/15/2017 Live Update

Post by brokebybernacke2 »

Should be another lower low coming in few days, will consider a buy there.
I see no bull worries until sp crosses 2507 on the down, then maybe a bead of sweat from bulls..
Trades with cats
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Re: 11/15/2017 Live Update

Post by Trades with cats »

RTY 12-17 (300 Tick) 2017_11_15.png
Smalls are finally marching in sync with the big cap index. Successfully reversed that Asian negativity of last night. :lol:
fehro
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Re: 11/15/2017 Live Update

Post by fehro »

fehro wrote:look out below!
mind the 50d on SPX 2542.. RUT very key support near here summer highs… but 200d is dangerously close… loose 1440 level 200d 1415ish
te_fern
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Re: 11/15/2017 Live Update

Post by te_fern »

Almost back to the bottom of the box. My guess is we head back lower, as several have already said on the board!!
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johnnywa
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Re: 11/15/2017 Live Update

Post by johnnywa »

Bears are toast
Trades with cats
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Re: 11/15/2017 Live Update

Post by Trades with cats »

S1 pivots are a very big issue this morning
Trades with cats
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Re: 11/15/2017 Live Update

Post by Trades with cats »

Any body get a winning lotto ticket, I mean short Target before earning today?
fehro
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Re: 11/15/2017 Live Update

Post by fehro »

Mind all the island tops… SPX, AAPL 60m …. not pretty.. looking for nLODs
te_fern
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Re: 11/15/2017 Live Update

Post by te_fern »

Well, back in the box! What do I know! LOL!!
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