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03/14/2018 Live Update

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Cobra
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03/14/2018 Live Update

Post by Cobra »

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Up or down 50 to 50, will need see more bars.
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Cobra
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Re: 03/14/2018 Live Update

Post by Cobra »


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fehro
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Re: 03/14/2018 Live Update

Post by fehro »

bonds green again.. TLT nHOW nHOM 50d 120.63 SPX takes out yLOD look to 50d.. RUT weak.. VIX extremely tight.. at 50d could explode at any moment :roll: :lol:
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Trades with cats
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Re: 03/14/2018 Live Update

Post by Trades with cats »

Dennis Gartman has called a major top. Make it or break it for his rep.
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Re: 03/14/2018 Live Update

Post by Trades with cats »

If you missed the overnight action -
Asian markets triple bottom at yesterday's low on low volume. London Frankfurt opened with a strong up move to get us to the New York opening levels.
Usually I think we would see New York re-test the overnight low but that is a long way down from the open. My guess is a re-test will mean a failure as a low volume bounce overnight doesn't carry a lot of validity.
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Cobra
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Re: 03/14/2018 Live Update

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Re: 03/14/2018 Live Update

Post by Cobra »

it's morning hourly filled black bar.
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Re: 03/14/2018 Live Update

Post by Trades with cats »

ES 06-18 (1000 Tick) 2018_03_14.png
Nice little impulsive up move but it stopped at the 1 deviation band, Clear that buyers aren't responding so far, but bears are still sleeping.
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Re: 03/14/2018 Live Update

Post by Trades with cats »

Crude oil inventory coming up. Could be a catalyst to move things.
tim-follows
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Re: 03/14/2018 Live Update

Post by tim-follows »

Cobra wrote:it's morning hourly filled black bar.
and implication intraday or within a few days is bullish or bearish?
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Re: 03/14/2018 Live Update

Post by Trades with cats »

ES 06-18 (5 Minute) 2018_03_14.png
Waiting for the test of the low. We are done with scheduled news for the day, time for the traders to start showing their hand.
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Re: 03/14/2018 Live Update

Post by Trades with cats »

Have not edited back ground color for stupid daylight savings.
te_fern
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Re: 03/14/2018 Live Update

Post by te_fern »

The ST moving averages lines went negative yesterday, so sitting on the sidelines until we move back bullish...
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te_fern
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Re: 03/14/2018 Live Update

Post by te_fern »

TICK is supporting that stance (bearish)....
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brokebybernacke2
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Re: 03/14/2018 Live Update

Post by brokebybernacke2 »

Trades with cats wrote:Dennis Gartman has called a major top. Make it or break it for his rep.
ug, bear kiss of death.... see the 50 test and gap fill in that 2725-45 range on the 15min for max bear suction...b4 next jump...not worried until 2700 goes, then maybe worry :roll:
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Re: 03/14/2018 Live Update

Post by Trades with cats »

1 hour Opening Range tested, it has held so far. Set up for a double bottom if the buyers step up. Otherwise it is a zipper paving the way for a break down to test yesterdays low.
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Re: 03/14/2018 Live Update

Post by Trades with cats »

ES 06-18 (1000 Tick) 2018_03_14.png
If you go to tick charts setting the program to NOT on equidistant bar spacing makes it sooo much easier to see those impulsive moves like that last 4 point downdraft where the red momentum down marker was placed by the oscillator. :)
brokebybernacke2
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Re: 03/14/2018 Live Update

Post by brokebybernacke2 »

Trades with cats wrote:1 hour Opening Range tested, it has held so far. Set up for a double bottom if the buyers step up. Otherwise it is a zipper paving the way for a break down to test yesterdays low.
beware the zipper..ot some serious stuff with UK and Russia, fairly ignored in news...
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Re: 03/14/2018 Live Update

Post by Trades with cats »

ES 06-18 (1000 Tick) 2018_03_14.png
We got that test but if this thing can't get above the first resistance at the opening range low then it isn't a double bottom or the bottom, just a bump on the way down.

So far chart looks like a classic late morning low formation ready to start that all afternoon New York drift up. We all have a t shirt with that chart pattern drop, left shoulder, v bottom drop, right shoulder, up down fluctuations in an upward sloping channel for most of the rest of the day.
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Re: 03/14/2018 Live Update

Post by Trades with cats »

The tape has spoken. Buy Buy to bulls.
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