01/02/2019 Live Update

[Cobra]

seems like bulls want to fill the gap.

[Trades with cats]

Apparently State run oil company is in trouble. (Call out the National Team to fix the market). Gotta love central directed markets.

[Cobra]

it's morning hourly hollow red

[Trades with cats]

I simply copied my trend lines and moved them over. Note the double aught level got hit. Sure looks like Johhny 5 and the rest of the bots are running the show today (technical trading)

[brokebybernacke2]

smell a short squeeze ...

[BullBear52x]

Top rail not a problem, wishful thinking chart.

[Trades with cats]

I have the ES order book for ten ticks either side of current market. Normally it is normal, Last 5 minutes or so pretty clear some big guys wanting to unload at ES 2505 area, which is probably why it is stalled out for now.

[daytradingES]

10:13
current big green 15 min looks like
"stay away from shorting."

ga-zacks!!
:mrgreen

[JFR]

Wow. Off to the races. Filling the overnight gap. YM not quite there yet.

[te_fern]

Back to the top of this old rectangle. Let's see what they do now!!!

[Al_Dente]

VERY LONG TERM, 25 years, monthly
The full-stochastics (default, monthly) has done a fine job over the years demarcating bull and bear.
When it dips below 50, the shit tends to hit the fan, long term. The STO closed the year at 47.21, which is where the SHTF zone begins.

Historically, when the monthly Bolinger centerline (20ma) is breached (like now), it tends to take a few months (or years) to recover. The previous breaks in the monthly 20ma since the big 2009 bottom have seen the SPX down ROUGHLY --22% (2011) and down -16% (2015-16).
By comparison, we are roughly down -20% SPX peak to trough 2018.
YOUR NUMBERS MAY VARY

The bear target on the monthly bolinger is the lower band, which we hit in December.
From there, a baby-bear cub will recover in a couple of months, while a giant-grizzly bear will scrape along the lower band for years.
You can see one thing for certain: in the grizzly periods, price has always remained BELOW that bolinger centerline (gold dashed 20ma, monthly).

Monthly chart as of the close, 12/31, end-of-year

[Trades with cats]

Wow 7 points in omne minute, now that was a buy program. Question is was that a topper for the day? We are in the euro zone closing area on the clock which usually means the low of the day, but sometimes the high.

[daytradingES]

And call up the buy programs.

According to my twitter feed they need to get this market moving up. IF it gets down around ES 2450 or so then all that cash that was raised at year end and is looking for a home won't just get into different stocks, the Pension fund rules will require a committee meeting.

thanks for this post.
it saved me from shorting this melt-up

[JFR]

Big picture. No man's land. I don't think the bulls should get too excited just yet. Moving up to resistance. Lots of negatives out there. Best to be nimble.

[brokebybernacke2]

smell a short squeeze ...

spy253/4 target

[daytradingES]

hod 2512.75
very close to Monday 2513

[Cobra]

rejected at Monday high, key time. I think today might be an uptrend day but if sharp pullback here then it's just a range day. so it's uptrend day to be confirmed.

[Al_Dente]

smell a short squeeze ...

TNA
Agree
THAT. IS. A. SHORT. SQUEEZE
5min
That’s what a squeeze looks like
Arguing is futile
It’s relaxing, again, now........ it may be over ??

[q2model]

https://twitter.com/meyerswarren?lang=en

Happy new year. Someone from this board (sorry for forgetting your name) showed me above tweet feed about MOC imbalance, it seems the information is not there anymore. Does anyone know why or where to find similar information?

Many thanks,

Q

[tsf]

https://twitter.com/meyerswarren?lang=en

Happy new year. Someone from this board (sorry for forgetting your name) showed me above tweet feed about MOC imbalance, it seems the information is not there anymore. Does anyone know why or where to find similar information?

Many thanks,

Q

zerohedge, MrTopStep, Teresa66 @teresaarthur66 sometimes post MOC imbalance