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03/06/2018 Live Update

Re: 03/06/2018 Live Update

Postby brokebybernacke2 » Tue Mar 06, 2018 12:14 pm

Trades with cats wrote:There goes 2715. ES 2706 next up.


selling volume has overpowered buying volume these last few weeks- breaking blue line would be a good warning for bulls. ok till then imo
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Re: 03/06/2018 Live Update

Postby Daniel » Tue Mar 06, 2018 12:24 pm

QQQ gap fill, and a bit beyond.
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Re: 03/06/2018 Live Update

Postby Trades with cats » Tue Mar 06, 2018 12:26 pm

ES 03-18 (30000 Tick) 2018_03_06.png
30,000 tick is about a 15 minute time frame during US Hours

Price histogram and Fib levels to me tell a story. 2715 is the POC for this. Failure to push back up into that low volume node is not good news for bulls.
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Re: 03/06/2018 Live Update

Postby brokebybernacke2 » Tue Mar 06, 2018 12:28 pm

Trades with cats wrote:
ES 03-18 (30000 Tick) 2018_03_06.png

Price histogram and Fib levels to me tell a story. 2715 is the POC for this. Failure to push back up into that low volume node is not good news for bulls.


we shall see, gold seems to be warming up, just broke 50 ma with authority of late...
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Re: 03/06/2018 Live Update

Postby Cobra » Tue Mar 06, 2018 12:29 pm

so far doesn't look like the pullback would go far.
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Re: 03/06/2018 Live Update

Postby Trades with cats » Tue Mar 06, 2018 12:53 pm

Zero Hedge tweeting that LIBOR OIS spread is driving things down today.
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Re: 03/06/2018 Live Update

Postby Cobra » Tue Mar 06, 2018 1:02 pm


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Re: 03/06/2018 Live Update

Postby Cobra » Tue Mar 06, 2018 1:16 pm

probably the low was in for today.
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Re: 03/06/2018 Live Update

Postby fehro » Tue Mar 06, 2018 1:35 pm

short term bear yellow H&S SPY 5m.. within a bigger red bull invs H&S .. or just a larger yellow triangle.. fwiw.
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Re: 03/06/2018 Live Update

Postby Cobra » Tue Mar 06, 2018 1:41 pm

bias is up.
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Re: 03/06/2018 Live Update

Postby Al_Dente » Tue Mar 06, 2018 1:42 pm

IWM HOD
not spy
not qqq
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Re: 03/06/2018 Live Update

Postby Cobra » Tue Mar 06, 2018 1:51 pm

100% mm.
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Re: 03/06/2018 Live Update

Postby Cobra » Tue Mar 06, 2018 2:01 pm

this bull shall have legs.
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Re: 03/06/2018 Live Update

Postby Al_Dente » Tue Mar 06, 2018 2:01 pm

Smalls, 15 min
“V” formation update
I don’t see any more resistance between here and target ~73 tna
I thought it would have to rest, but it did so this morning
http://thepatternsite.com/vtopbot.html

36tna 15.png.png
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Re: 03/06/2018 Live Update

Postby Trades with cats » Tue Mar 06, 2018 2:08 pm

Overnight high was ES 2734.50. Today's other upside targets were the 2740 range and a wall at 2750. Looks like we have a chance to see how they work out.

We have options roll on Thursday then on Friday the big one, the Jobs report. Don't know how this ties in to keeping bull hopes alive for the big trading houses but it must some how. At this point I don't think one bad jobs report will make the Fed back off.

The whole point of these 50 to 75 percent range re-tracements is to exhaust buying or selling so seeing several days of more or less range bound activity feels right. Of course which way will the big move come is another issue! :o
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Re: 03/06/2018 Live Update

Postby fehro » Tue Mar 06, 2018 2:16 pm

fehro wrote:short term bear yellow H&S SPY 5m.. within a bigger red bull invs H&S .. or just a larger yellow triangle.. fwiw.


RS here key time..LOD goes look to 268.90.. QQQs 5m H&S too. SPY 50d just a dime higher
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Re: 03/06/2018 Live Update

Postby Trades with cats » Tue Mar 06, 2018 2:19 pm

That nice 10 point run courtesy of Bloomberg quoting Senator Purdue that the president is open to trade war changes, whoops, I mean tariff.
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Re: 03/06/2018 Live Update

Postby Trades with cats » Tue Mar 06, 2018 2:24 pm

Is today going to be a classic double top and fall down for a test of last weeks low later this week? :geek:
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Re: 03/06/2018 Live Update

Postby Cobra » Tue Mar 06, 2018 3:36 pm

I have a dream.
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Re: 03/06/2018 Live Update

Postby Al_Dente » Tue Mar 06, 2018 3:49 pm

IWM HOD
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