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06/19/2018 Live Update

brokebybernacke2
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Re: 06/19/2018 Live Update

Post by brokebybernacke2 »

fehro wrote:SPX opens at/under 20d SMA 2749 .. not good.. mind the H&S on /ES from yesterday, and late last night post… possible another.

SPX stalls at 20d SMA look to 2720 next key level of support.. that goes it will get ugly very fast.

SPX 50d 2705, then 200d 2657
if 2705 goes, yikes warning. not sure if bear trap though,macd stretched, 2730s is area to watch if we get it...
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fehro
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Re: 06/19/2018 Live Update

Post by fehro »

SPX
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fehro
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Re: 06/19/2018 Live Update

Post by fehro »

TRANSports ugly <20d/50
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te_fern
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Re: 06/19/2018 Live Update

Post by te_fern »

TICKs are turning up, as Cobra said should wait on things breaking up thru some MA lines first....
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te_fern
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Re: 06/19/2018 Live Update

Post by te_fern »

fehro wrote:SPX
fehro, would you able to hold a 'nibble' short overnight?? Good call yesterday!
This is not investment or trade advice.
Daniel
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Re: 06/19/2018 Live Update

Post by Daniel »

te_fern wrote:..breaking up thru some MA lines first....
Both QQQ and SPY are struggling with their respective 5min 20ema, several reversal candles as price attempted to cross above.
Meanwhile, IWM continues to pull away from that support zone, after an impressive 15min hammer reversal bar.
fehro
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Re: 06/19/2018 Live Update

Post by fehro »

te_fern wrote:
fehro wrote:SPX
fehro, would you able to hold a 'nibble' short overnight?? Good call yesterday!
yup in from last week's nibbles.. still .. wash rinse repeat… SPX gap under 20d SMA is not good.. it loose it.. buckle up it could get fugly today
te_fern
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Re: 06/19/2018 Live Update

Post by te_fern »

Levered smalls bounced near the bottom of Pasta Boss' box....
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MrMiyagi
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Post by MrMiyagi »

NYMO hit -33.80 at the low, now at about -25.50. I keep waiting for a -40 print, maybe this was enough. QQQ intraday looks 'decent' and SPY 5-min just popped nicely over the 20-ema, will it hold is the question.
fehro
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Re: 06/19/2018 Live Update

Post by fehro »

fehro wrote:
te_fern wrote:
fehro wrote:SPX
fehro, would you able to hold a 'nibble' short overnight?? Good call yesterday!
yup in from last week's nibbles.. still .. wash rinse repeat… SPX gap under 20d SMA is not good.. it loose it.. buckle up it could get fugly today

almost time to nibble again :roll:
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Cobra
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Re: 06/19/2018 Live Update

Post by Cobra »

not sure whether the low was in, I'll need a 2nd test of the day low to consider buying dip unless sudden sharp up from here.
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Trades with cats
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Re: 06/19/2018 Live Update

Post by Trades with cats »

Fat Tails has a new free toy, rolling pivots. It uses three days average of the highs and lows. Which is why I have a 3 day average low line sitting at today's high. So we will see if support becomes resistance.
fehro
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Re: 06/19/2018 Live Update

Post by fehro »

resistance..here ish.. :roll: may nibble here.. not ideal
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Re: 06/19/2018 Live Update

Post by fehro »

fehro wrote:resistance..here ish.. :roll: may nibble here.. not ideal
yup sm position
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Cobra
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Re: 06/19/2018 Live Update

Post by Cobra »


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fehro
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Re: 06/19/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:resistance..here ish.. :roll: may nibble here.. not ideal
yup sm position
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Trades with cats
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Re: 06/19/2018 Live Update

Post by Trades with cats »

Did they lose power at the exchange? Hedge fund traders on strike? :)
Daniel
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Re: 06/19/2018 Live Update

Post by Daniel »

IWM reversal and kaboom today. Quite impressive. Only major index looking like it has a chance for a gap fill today.
..update: Fresh hod!
Last edited by Daniel on Tue Jun 19, 2018 1:12 pm, edited 1 time in total.
Daniel
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Re: 06/19/2018 Live Update

Post by Daniel »

KBE up over 1% since the Open, and at its hod. Banks are helping to power the SPX recovery, such as it has been.

Naz advancers fresh HOD-- but from a low absolute number (<1200 issues)
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Al_Dente
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Re: 06/19/2018 Live Update

Post by Al_Dente »

Billionaire guru Julian Robertson:
Doesn't think FANG stocks are frothy at all, especially relative to the rest of the market. :o
Loves the banks … thinks they're in terrific shape, loves JPM and BAC
https://www.marketfolly.com/2018/06/jul ... ket+Folly)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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