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10/12/2018 Live Update

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BullBear52x
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Re: 10/12/2018 Live Update

Post by BullBear52x »

new high from here, I need to pack up for my hunting trip.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 10/12/2018 Live Update

Post by BullBear52x »

I am done, I got better thing to do than to watch this slow motion movie.

next couple weekS will be slow on my post, Hunting season...Oyeahb
PEACE!
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1der
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Re: 10/12/2018 Live Update

Post by 1der »

BullBear52x wrote:I am done, I got better thing to do than to watch this slow motion movie.

next couple weekS will be slow on my post, Hunting season...Oyeahb
PEACE!
Have fun! Peace ....
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MrMiyagi
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Post by MrMiyagi »

DOUBLE BOTTOM OR WE'RE DEAD
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Cobra
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Re: 10/12/2018 Live Update

Post by Cobra »

double top breakdown which means the rebound was over. bulls need a rebound immediately to avoid the tragic.
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Trades with cats
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Re: 10/12/2018 Live Update

Post by Trades with cats »

ES 12-18 (10000 Tick) 2018_10_12 (9_48_02 AM).png
You can see how thin the volume was in yesterdays Jackson Zone pivot point. And here we are.
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Cobra
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Re: 10/12/2018 Live Update

Post by Cobra »


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MrMiyagi
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Post by MrMiyagi »

Gah.. no wonder I drink so much sake...........
brokebybernacke2
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Re: 10/12/2018 Live Update

Post by brokebybernacke2 »

quick post. imo, no me trade today, range, should close near highs , so prepare to bounce now, technical damage significant on weeklies unless we get rip roar after lunch straight thru highs of day. leaning for fugly week next week unless rip roar this pm beyond day highs, have a good weekend
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Cobra
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Re: 10/12/2018 Live Update

Post by Cobra »

selling gets stronger and stronger.
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Al_Dente
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Re: 10/12/2018 Live Update

Post by Al_Dente »

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: 10/12/2018 Live Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
brokebybernacke2
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Re: 10/12/2018 Live Update

Post by brokebybernacke2 »

brokebybernacke2 wrote:quick post. imo, no me trade today, range, should close near highs , so prepare to bounce now, technical damage significant on weeklies unless we get rip roar after lunch straight thru highs of day. leaning for fugly week next week unless rip roar this pm beyond day highs, have a good weekend
and away we go, close will be key...
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Cobra
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Re: 10/12/2018 Live Update

Post by Cobra »

generally the rebound would be sold, generally. let's see how the ema20 gets tested first, if it can touch the ema20 of course.
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Cobra
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Re: 10/12/2018 Live Update

Post by Cobra »

testing ema20, a strong break through would probably mean the low was in for today. It's very hard to know whether a strong rebound is just a rebound or something else, so it's just a general idea I'm saying here, not a forecast.
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Trades with cats
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Re: 10/12/2018 Live Update

Post by Trades with cats »

Bars look like a buy program to me. ES VWAP 2760 would be a good target.
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Cobra
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Re: 10/12/2018 Live Update

Post by Cobra »

possible higher low. also a trading reversal setup.
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Trades with cats
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Re: 10/12/2018 Live Update

Post by Trades with cats »

ES 12-18 (10000 Tick) 2018_10_12 (11_56_41 AM).png
B shaped volume profile so far today. Interesting that the pivot point is marking the peak of the lower distribution.
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Cobra
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Re: 10/12/2018 Live Update

Post by Cobra »

not good, will test day low, double bottom or slight lower low is the bull's only hope now. personally, today closes in red (making things more extreme) is better than just a few points up
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Trades with cats
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Re: 10/12/2018 Live Update

Post by Trades with cats »

Pick your sides!
From ZeroHedge

"A battle royale of Wall Street quants has erupted.

In one corner, we have JPMorgan's chief quant, Marko Kolanovic who moments ago said that the selling pressure from systematic, vol-targeting strategies such as risk-parity, CTAs, and trend following is mostly over and that the "current setup favors buying the dip."

In the other corner, Barclays's quant Manesh Deshpande completely disagrees with Kolanovic, and overnight wrote that while "some signs of capitulation are emerging" he thinks that "more selling is yet to come."

:o
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