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05/09/2018 Live Update

QED
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Re: 05/09/2018 Live Update

Post by QED »

Chop ... Chop ... Chop ...
Something's burning, I think it's premium! :twisted:
fehro
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Re: 05/09/2018 Live Update

Post by fehro »

DXY stalls at trendline level from earlier call outs 93.35 does it pause .. for a couple days.. or maybe 200d SMA retest.. or stays tight and goes again?
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Screen Shot 2018-05-09 at 7.49.23 AM.png
te_fern
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Re: 05/09/2018 Live Update

Post by te_fern »

Down....
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This is not investment or trade advice.
fehro
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Re: 05/09/2018 Live Update

Post by fehro »

fehro wrote:SPX nibble tiny short .. looking for gap fill "IF" 50d goes.. if no up we go…. gap fills, maybe 20d
fehro wrote:SPX opens at 50d 2677 mind the gap, possible stall.. or go.. 20d SMA to the downside 2663 "brick wall" level

/ES

SPX 50d 2676 inches under it… 20d 2665 .. guess where? :roll: brick wall
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Screen Shot 2018-05-09 at 7.57.14 AM.png
Trades with cats
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Re: 05/09/2018 Live Update

Post by Trades with cats »

FT71's primary scenario for today, all in ES. 2674, then 2670 then impulsive up to 2682.75 possible second move to 2690.25 93 range.
Finally getting the drop to 74 then 70.
Trades with cats
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Re: 05/09/2018 Live Update

Post by Trades with cats »

In lines on the chart he was expecting a drop to yesterdays high then a second drop to yesterday's low followed by some big impulsive up moves .
1der
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Re: 05/09/2018 Live Update

Post by 1der »

Trades with cats wrote:FT71's primary scenario for today, all in ES. 2674, then 2670 then impulsive up to 2682.75 possible second move to 2690.25 93 range.
Finally getting the drop to 74 then 70.
2670 ES = approx 266.92 SPY
2682.75 ES = approx 268.16 SPY
Trades with cats
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Re: 05/09/2018 Live Update

Post by Trades with cats »

This is NOT an impulsive up move. Pausing at VWAP is not a sign of strength in my book. European time zone traders going home without much to show for the day as volume profile heavily biased to the US opening print level a full point above VWAP. Yes that was a sarcastic sneer in my voice! :lol:
fehro
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Re: 05/09/2018 Live Update

Post by fehro »

/ES 2665 key too :roll: :lol:
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Screen Shot 2018-05-09 at 8.36.48 AM.png
te_fern
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Re: 05/09/2018 Live Update

Post by te_fern »

Back inside the blue lines. As TWC said, also struggling with the VWAP....
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This is not investment or trade advice.
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Cobra
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Re: 05/09/2018 Live Update

Post by Cobra »


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1der
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Re: 05/09/2018 Live Update

Post by 1der »

SPY Upper 268.16 PBar tagged and exceeded
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Cobra
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Re: 05/09/2018 Live Update

Post by Cobra »

breakout finally. this bull shall have legs.
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Cobra
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Re: 05/09/2018 Live Update

Post by Cobra »


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fehro
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Re: 05/09/2018 Live Update

Post by fehro »

SPX *nibble short again 2694ish .. mind the gap morning one :roll: .. or upper one
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Screen Shot 2018-05-09 at 9.49.50 AM.png
1der
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Re: 05/09/2018 Live Update

Post by 1der »

The thought of increased cost at the gas pump (transportation) AND increased cost of borrowing AND the market back to up ad up.....

scratching my old head :roll: I guess the $$ coming out of Bonds and the repatriated $$ has to go somewhere!
fehro
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Re: 05/09/2018 Live Update

Post by fehro »

fehro wrote:SPX *nibble short again 2694ish .. mind the gap morning one :roll: .. or upper one
Key time
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Screen Shot 2018-05-09 at 10.15.41 AM.png
Daniel
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Re: 05/09/2018 Live Update

Post by Daniel »

QQQ, XLK, XLF gaining RS thru the day
FXI, IYT losing RS.
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Re: 05/09/2018 Live Update

Post by Trades with cats »

short cover.png
from Alistair Willianson on Twitter
He sort of nailed my thoughts that this was a mini version of Friday triggered when we got to the area of Monday's highs.
1der
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Re: 05/09/2018 Live Update

Post by 1der »

Today Only Almost there
SPY FIB 5 09.jpg
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