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08/23/2018 Live Update

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Cobra
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08/23/2018 Live Update

Post by Cobra »

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no idea up or down here. My guess is down day and range day, just a guess. The trade will not be based on guess obviously.
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Cobra
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Re: 08/23/2018 Live Update

Post by Cobra »


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fehro
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Re: 08/23/2018 Live Update

Post by fehro »

VIX bonds green.. INDU lower low.. AAPL AMZN.. trying to keep us up… AAPL drops.. look out below.. H&S 30m/triangle
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Screen Shot 2018-08-23 at 6.40.05 AM.png
te_fern
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Re: 08/23/2018 Live Update

Post by te_fern »

Big board ticks plunged below its MA line this morning....
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Tick.PNG
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te_fern
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Re: 08/23/2018 Live Update

Post by te_fern »

Would like to see the SPX move above it's MA lines and this trend line......
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te_fern
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Re: 08/23/2018 Live Update

Post by te_fern »

There we go...
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SPX.PNG
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brokebybernacke2
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Re: 08/23/2018 Live Update

Post by brokebybernacke2 »

vix lower bolly 10.4 with daily mac d crossover imminent.
buy dips till then
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te_fern
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Re: 08/23/2018 Live Update

Post by te_fern »

ST bull trap, let's see if the MA lines or VWAP can hold the pullback!! Almost pulled the trigger on a trade, glad I waited....
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Cobra
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Re: 08/23/2018 Live Update

Post by Cobra »


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te_fern
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Re: 08/23/2018 Live Update

Post by te_fern »

The equal weight has been struggling the last day and 1/2.....
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Trades with cats
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Re: 08/23/2018 Live Update

Post by Trades with cats »

ES 09-18 (2000 Tick) 2018_08_23 (8_56_44 AM).png
Looking like a potential trend change. Really needs to bounce soon.
brokebybernacke2
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Re: 08/23/2018 Live Update

Post by brokebybernacke2 »

Trades with cats wrote:
ES 09-18 (2000 Tick) 2018_08_23 (8_56_44 AM).png
Looking like a potential trend change. Really needs to bounce soon.
nope , jackson hole pullback on deck. 2850 expect, then 2840 ish for the dip opp. assuming powell plays nice..this bull run forever :lol:
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Cobra
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Re: 08/23/2018 Live Update

Post by Cobra »

widest red bar and yesterday's low as support, so could be a rebound here first,then we'll see range day or trend day. The morning up and down were typical vacuum.
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fehro
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Re: 08/23/2018 Live Update

Post by fehro »

fehro wrote:VIX bonds green.. INDU lower low.. AAPL AMZN.. trying to keep us up… AAPL drops.. look out below.. H&S 30m/triangle
fehro wrote:VIX bonds green.. INDU lower low.. AAPL AMZN.. trying to keep us up… AAPL drops.. look out below.. H&S 30m/triangle

mind SPX 20d SMa .. possible target on more weakness.. VIXes spiking
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Screen Shot 2018-08-23 at 8.22.15 AM.png
Trades with cats
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Re: 08/23/2018 Live Update

Post by Trades with cats »

ES 09-18 (2000 Tick) 2018_08_23 (9_37_43 AM).png
If this is a double bottom need to see the trend line broken.
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Cobra
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Re: 08/23/2018 Live Update

Post by Cobra »


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brokebybernacke2
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Re: 08/23/2018 Live Update

Post by brokebybernacke2 »

think bounce back to 2861 ish level, good short st from there to hit 2840s
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Re: 08/23/2018 Live Update

Post by Trades with cats »

ES 09-18 (2000 Tick) 2018_08_23 (10_54_31 AM).png
Nice wick on the high bar to kiss ES 2861.50, the VWAP line then fades back to the lower trend line. Text book.
Very nervous about going short here. Since Euro zone close volume went away it is a dull market. With the big speech on deck for tomorrow would think that would put longer time frame traders on a short leash.
Trades with cats
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Re: 08/23/2018 Live Update

Post by Trades with cats »

ES 2858 which has been an important level today is of course the 4:15 close daily pivot point. :o
Clueless
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Re: 08/23/2018 Live Update

Post by Clueless »

Trades with cats wrote:
ES 09-18 (2000 Tick) 2018_08_23 (10_54_31 AM).png
Nice wick on the high bar to kiss ES 2861.50, the VWAP line then fades back to the lower trend line. Text book.
Very nervous about going short here. Since Euro zone close volume went away it is a dull market. With the big speech on deck for tomorrow would think that would put longer time frame traders on a short leash.
You should short the market going into tomorrow and all of next week. I believe serious dumping will take place.
Powell doesn't want this market to go up. He will do everything possible to talk the market down tomorrow. He knows he cannot leave office before a bear market takes place. So there is no reason for him to talk the market up. It is not in his best interest. This is a perfect opportunity for him with all the chaos taking as it relates to Trump's legal issues and trade wars. It means Powell can do anything and get away with it because the blame will not be on him but on the White House. Also, I believe Powell is unhappy with the fact that Trump has been attacking him, so he might just stick it to the president.
Another thing I've noticed is that there is a passive aggressive infighting taking place between Powell and Kudlow/Mnuchin. Powell is trying very hard to talk the market down but Kudlow and Mnuchin are doing the opposite. At every sign of weakness they rush to the cameras. I don't know why they are so afraid.
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