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10/05/2018 Live Update

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MrMiyagi
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Post by MrMiyagi »

INTRADAY NYMO HIT -71. NYDEC STARTING TO PICK UP PACE
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Re: 10/05/2018 Live Update

Post by Trades with cats »

Not exactly the sharp v bottom of legend but it looks pretty real at this point. Right at the January highs is a good place to bounce. Would prefer to see a re-test, not that little double tap 10 minutes apart. But as they sang, you don't always get what you want.
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Re: 10/05/2018 Live Update

Post by Trades with cats »

Pretty obvious what the next target is going to be,
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Cobra
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Re: 10/05/2018 Live Update

Post by Cobra »

the rebound looks very strong, so some chances the low was in, i.e. up and up and up, no turning back. But still I'll stick to the usual pattern, i.e. a revisit of the low is required.
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Al_Dente
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Re: 10/05/2018 Live Update

Post by Al_Dente »

Al_Dente wrote:NY declining stocks = 3.0 x advancing stocks
NY declining volume = 2.8 x advancing volume
NY declining stocks = 2.5 x advancing stocks
NY declining volume = 1.7 x advancing volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
brokebybernacke2
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Re: 10/05/2018 Live Update

Post by brokebybernacke2 »

looking for a back test of 34 ma round 2890, then a potential look out below...if we close above 34 , different story...
have a good weekend!
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Re: 10/05/2018 Live Update

Post by Trades with cats »

Still waiting to test yesterday's low. Maybe we have to re-test the bottom first.
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MrMiyagi
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Post by MrMiyagi »

Trades with cats wrote:Still waiting to test yesterday's low. Maybe we have to re-test the bottom first.
Yesterday's low in what, everything is taken to the guillotine.
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Cobra
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Re: 10/05/2018 Live Update

Post by Cobra »

a little resistance here.
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Re: 10/05/2018 Live Update

Post by Trades with cats »

Sorry, the ES and we have arrived. Open question as to where we go next today. Volume profile says the up move could easily go to the opening 1 hour range low of ES 2905 before hitting some heavy going.

Next week the Chinese traders are back in force so the first half of the overnight session won't be as subdued. As Pasta Boss posted market is still a couple of weeks away from a revival of it's primary source of cash, buybacks. With the fast run up in interest rates wonder if some boards will demand debt pay down rather than protecting CEO stock sales.
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Al_Dente
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Re: 10/05/2018 Live Update

Post by Al_Dente »

Interesting?
GS “boiling the frog”
It’s not “… the absolute level of the 10Y yield in itself is a key trigger to a selloff, the other catalyst is the speed/rate of the selloff in rates -
i.e., the faster the yield rise, the more likely the adverse reaction for stocks…”
https://www.zerohedge.com/news/2018-10- ... to+zero%29
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 10/05/2018 Live Update

Post by Al_Dente »

MONDAY (better double check)
Bonds closed
Banks closed
MARKET OPEN (BUT NOT A SETTLEMENT DAY)
China reopens

Some are predicting craziness Monday
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 10/05/2018 Live Update

Post by Al_Dente »

WEEK AT A GLANCE (~hour early)
105week.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Re: 10/05/2018 Live Update

Post by Trades with cats »

Coolbize saying that SPX 2929.78 is the line in the sand. If your interested he also put up a brokerage statement for the last couple of days.
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Al_Dente
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Re: 10/05/2018 Live Update

Post by Al_Dente »

HAPPY HOUR
Image
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daytradingES
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Re: 10/05/2018 Live Update

Post by daytradingES »

starting to look promising
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Re: 10/05/2018 Live Update

Post by Trades with cats »

ES VWAP at 2892.50. So above yesterday's low and at VWAP in the closing hour going into a mostly 3 day weekend. Who wants to go long?
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Cobra
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Re: 10/05/2018 Live Update

Post by Cobra »


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QED
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Re: 10/05/2018 Live Update

Post by QED »

Al_Dente wrote:HAPPY HOUR
Image
Get off of my damn lawn!!! :lol:

.
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Cobra
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Re: 10/05/2018 Live Update

Post by Cobra »


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