10/04/2018 Live Update

[te_fern]

First bounce, can we make it back to the VWAP line???

[Al_Dente]

[SENTIMENT TRADER, yesterday]
“Here is every time in the past 25 years when the Dow closed at a 52-week high while most of the NYSE was in a bear market.”
https://pbs.twimg.com/media/DoldI4AU4AAKXhG.jpg

[Al_Dente]

yield spike
3.2%
daily

[MrMiyagi]

COMPQ at the 50-day, held 11 times since June. It can go below a bit and still rebound.

Does it 'feel' like it's going to just fall through like a fatty on thin ice?

NYMO hit -52 earlier, around -49 here.

[Cobra]

the rebound still has chances to fail. wait and see.

[MrMiyagi]

the rebound still has chances to fail. wait and see.

BRING BACK BABY JANET!!!

[Shaishen]

First bounce, can we make it back to the VWAP line???

Need to get above ONL (~ 2913.25) for any further upside imo

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[Shaishen]

ES: Touched Sept 17 naked vpoc - there is still a NVpoc Sept 12 at 2888.5

"Sooner or later NPOCs are tested much like "Gaps" are sooner or later filled. NPOCs act very much like magnets drawing price to them."

https://www.mypivots.com/dictionary/def ... ntrol-npoc

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[Cobra]

members only update at 12:02 pm
http://www.cobrasmarketview.com/2018/10 ... ay-update/

[Trades with cats]

Finally some big volume and a buy algo triggered. Looking like ES 2900 is the line in the sand for now.

[Al_Dente]

VIX is up about 23%

[Trades with cats]

This is what I was saying.

[Trades with cats]

Trend lines from first thing this morning are still holding up, so it is not a crazy day.

[Shaishen]

Finally some big volume and a buy algo triggered. Looking like ES 2900 is the line in the sand for now.

Deep Pocket Test shot at 2900 to drag in knife catchers or is this the reversal? I see no divergence yet.. Not placing any bets yet

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[Trades with cats]

Last bottom was triple tested then failed on the fourth drop so I am going to be very careful about as long here.

[Trades with cats]

If you don't have a DOM- see where the support is forming up

[te_fern]

Down, down, down we go.....

[Shaishen]

For now I see a 2 push down formation; as per Cobra we should expect a third push.. ?

http://www.cobrasmarketview.com/3-push-updown/

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[te_fern]

50 DMA is at 2876, may be a target....

[Trades with cats]

Harry at Lizard Indicators has put out a multi-deviation tool. I have stumbled into the setting on the chart, the dark dot lines. So using the error calculation from linear regression for 10 prior bars on the EMA plus and minus 2 times really does a good job of containing price. It also helps with my trend lines which you all know could use some help! I don't know if stock charts will let you do some sort of Bollinger off of the EMA but if they do you should play with it.