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06/12/2018 Live Update

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Cobra
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06/12/2018 Live Update

Post by Cobra »

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no idea up or down here. because FOMC tomorrow so I don't expect big move today.
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Cobra
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Re: 06/12/2018 Live Update

Post by Cobra »


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fehro
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Re: 06/12/2018 Live Update

Post by fehro »

SPX into resistance at open.. mind the tiny gap
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Screen Shot 2018-06-12 at 6.30.45 AM.png
Screen Shot 2018-06-12 at 6.20.43 AM.png
fehro
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Re: 06/12/2018 Live Update

Post by fehro »

fehro wrote:SPX into resistance at open.. mind the tiny gap
fills morning gap.. look to yGAP
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Screen Shot 2018-06-12 at 6.57.35 AM.png
Wallstreetrader
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Re: 06/12/2018 Live Update

Post by Wallstreetrader »

NQ double top daily ?
Trades with cats
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Re: 06/12/2018 Live Update

Post by Trades with cats »

THREE YEAR AVERAGE FOR SEASONALITY
THREE YEAR AVERAGE FOR SEASONALITY
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Cobra
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Re: 06/12/2018 Live Update

Post by Cobra »


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fehro
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Re: 06/12/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:SPX into resistance at open.. mind the tiny gap
fills morning gap.. look to yGAP

H&S and bearish rising wedge on SPY 5m.. wedge target if yLOD goes is -$1.82 277ish
fehro
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Re: 06/12/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:
fehro wrote:SPX into resistance at open.. mind the tiny gap
fills morning gap.. look to yGAP

H&S and bearish rising wedge on SPY 5m.. wedge target if yLOD goes is -$1.82 277ish
Attachments
Screen Shot 2018-06-12 at 7.22.19 AM.png
te_fern
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Re: 06/12/2018 Live Update

Post by te_fern »

TICK looks a little extended to me for any big rally....
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Tick.PNG
This is not investment or trade advice.
te_fern
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Re: 06/12/2018 Live Update

Post by te_fern »

The ST moving average lines look like they're rolling over.....
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SPX.PNG
This is not investment or trade advice.
fehro
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Re: 06/12/2018 Live Update

Post by fehro »

:shock: :lol: :roll: a tad overly bullish :lol: :lol: Put/call 0.49
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Screen Shot 2018-06-12 at 7.25.56 AM.png
te_fern
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Re: 06/12/2018 Live Update

Post by te_fern »

First triangle of the day. I think we will see several over the next day and a half, waiting on the FOMC.....
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SPX.PNG
This is not investment or trade advice.
te_fern
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Re: 06/12/2018 Live Update

Post by te_fern »

TD Ameritrade maybe having problems with their quotes. Doesn't look like they've updated since around 10:00.....
This is not investment or trade advice.
Trades with cats
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Re: 06/12/2018 Live Update

Post by Trades with cats »

Tomorrow is supposed to be all about the FOMC forward guidance. I still think it is smoke and mirrors, letting the crowd focus on rates when the much bigger deal is liquidity and that will not be discussed. It will be talked about at the ECB meeting as Mario is supposed to announce the schedule of scaling back purchases. Of course the critical scale back, which is already underway, is Chinese credit impulse and the media tends to ignore that, but the big trading houses do not.

When Paul Volcker blew up the housing market to kill inflation I saw from the front lines of lending, on a micro scale, how a lack of credit, at any price, was pretty much a mass extinction event for small home builders, land developers and tradespeople. This time they have destroyed savers and encouraged massive mal investment, who knows what additional damage will be done as they unwind.
Trades with cats
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Re: 06/12/2018 Live Update

Post by Trades with cats »

Yesterday the big move started when Euro time zone traders went home. Waiting for signs of a repeat.
daytradingES
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Re: 06/12/2018 Live Update

Post by daytradingES »

Trades with cats wrote: This time they have destroyed savers and encouraged massive mal investment,.
Yes very true.

It as long been a financial rule of thumb that the % amount in equity is 100-your age,
or conversely
The amount in guaranteed investments is your age.

This means a 65 year old would have 65% in guaranteed inveestments
Cash
TBills
bank guaranteed notes (GICs - guaranteed investment certificates
etc

When interest rates were 5% for GICs
you could have
65% at 5%
35% at 12% - equity

When the Fed began its theft for its banking owners and cronies of zero percent, they destroyed the lifetime of savings of those who saved.
If retirees and savers had 65% (of 1M) at 5% then on the last nine years this is
1.05^9 times 650,000 - 650,000 = $358,365 that has been stolen from them.
Educational only and not trading advice (EO&NTA) :)
Good trading to all
te_fern
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Re: 06/12/2018 Live Update

Post by te_fern »

Just broke this trend line, maybe it can push up and beyond the P1 pivot.....
Attachments
SPX.PNG
This is not investment or trade advice.
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Al_Dente
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Re: 06/12/2018 Live Update

Post by Al_Dente »

$COMPQ
ATH
not $NDX
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 06/12/2018 Live Update

Post by Cobra »


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