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03/15/2019 Live Update

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Cobra
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03/15/2019 Live Update

Post by Cobra »

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don't know if it's a double top or not, wait and see.
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Cobra
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Re: 03/15/2019 Live Update

Post by Cobra »


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BullBear52x
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Re: 03/15/2019 Live Update

Post by BullBear52x »

Another inside day mess. boring Friday.
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Re: 03/15/2019 Live Update

Post by BullBear52x »

yesterday's internals are pointing down, I don't see how this market will go much higher.
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ccash04
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Re: 03/15/2019 Live Update

Post by ccash04 »

Weak volume for a quad witch day, which is more than likely bullish
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Cobra
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Re: 03/15/2019 Live Update

Post by Cobra »


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Re: 03/15/2019 Live Update

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BullBear52x
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Re: 03/15/2019 Live Update

Post by BullBear52x »

Pivot, need to hold or sell under here.
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Re: 03/15/2019 Live Update

Post by BullBear52x »

I am on the southbound train.
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Re: 03/15/2019 Live Update

Post by BullBear52x »

SPX cash index needs to fill the gap.
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te_fern
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Re: 03/15/2019 Live Update

Post by te_fern »

Ticks have gone above their MA line after being negative all afternoon yesterday...
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BullBear52x
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Re: 03/15/2019 Live Update

Post by BullBear52x »

give it to Papa
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Mr. BachNut
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Re: 03/15/2019 Live Update

Post by Mr. BachNut »

Another day another gap open.
Otherwise, nothing new to report on this quad witching day.

I just want to point out that NYMO remains below the zero line while price has ticked above local highs.
Bulls want to get 2 NYMO closes above the zero line to solidify this upswing.
NYMO seems to lack enthusiasm when price is above the pink line.
Price can go higher but it suggests price may want to go back below the pink line at some point.

I am still long SPX and short R2K.
These are runners as profit taking scales were executed earlier.
Depending on how things unfold, I may jam the stop on the SPX position.
NYMO 031519.jpg
Trades with cats
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Re: 03/15/2019 Live Update

Post by Trades with cats »

You have to say that Charlie at Nomura has, so far, nailed it. We will see next week if there was any fund /etf buying during the final phase but I doubt it was much. We will also be reading about how registered insiders sold record levels against record levels of buybacks. We will know things are in real trouble when Chair Powell cancels the Atlanta and NY Fed's GDP Now models.

But for next week Charlie boy so far is nervous as the CTA's are the blasting cap of a big down move and their trigger point will be steadily moving up over the next couple of weeks. We are down to a single major upside cataylist, a trade deal with China so I am thinking down more likely.
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Cobra
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Re: 03/15/2019 Live Update

Post by Cobra »

well, guess that's it for today, going nowhere. still to bulls it's better than pullback so be happy.
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BullBear52x
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Re: 03/15/2019 Live Update

Post by BullBear52x »

bears got crushed. Oy...
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Al_Dente
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Re: 03/15/2019 Live Update

Post by Al_Dente »

note SMH, SOXL
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Al_Dente
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Re: 03/15/2019 Live Update

Post by Al_Dente »

note breakout top panel, 1/VIX
60min
315sixty.png.png
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Trades with cats
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Re: 03/15/2019 Live Update

Post by Trades with cats »

B of A reporting that I am wrong. Significant equity inflows into funds last week for really the first time this year. Last time the public put so much into the market was the September peak. So I am invoking one of the 10 rules from the old days at Merrill, the one about the public tends to buy the most at the top. :D
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Al_Dente
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Re: 03/15/2019 Live Update

Post by Al_Dente »

"Freaky Friday" as the quarterly date has become known:
the 21st Sep print of 2940 preceded a three month equity selloff of almost 20%, followed by a 21st Dec print of 2458, or 16% below current spot.
via zh
also, new term: "de facto easing" [McElligott ] :roll:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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