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Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 1:50 pm
by Trades with cats
Quoting Coolbizone:
from Friday- This bullish move needs to cross 2787 and close above for confirmation on Monday at 2777.52 now. High today was 2782.81.
SPX at 2780.11 now, expect it to move to 2835-2873 next week or longer. 2761.73 should not be breached. Enjoy the ride.....on your longs
On the other hand Pretzel says bulls need to exceed 2825 ish as this could still be a complex counter trend move setting up for a bigger drop.
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 2:18 pm
by Trades with cats
Double top or not, waiting for it! We have seen this plan before in recent weeks, clear double top followed by a down afternoon so bulls need to open their wallets.
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 2:19 pm
by QED
“Give me a one-handed Economist. All my economists say 'on one hand ...', then 'but on the other ...”
―― Harry Truman
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 2:25 pm
by Trades with cats
Yes that on the other hand is taught early. I have only had 4 semesters of Economics and yest I can use the phrase effortlessly. Especially as the last one I took was taught by a card carrying libertarian, gives you a second point of view on everything.
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 2:27 pm
by QED
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 2:34 pm
by Trades with cats
This possible double top is a real tease.
Posted: Mon Jun 18, 2018 2:52 pm
by MrMiyagi
I'm guessing we sell during POWER HOUR, had all these chances to pop but being fat and lazy waiting for a cake.
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 2:55 pm
by Cobra
the pullback indeed was bought. now let's see if bears can make double top here
Posted: Mon Jun 18, 2018 2:58 pm
by MrMiyagi
Cobra wrote:the pullback indeed was bought. now let's see if bears can make double top here
DAMN BEARS.. DO SOMETHING COBRA
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 3:02 pm
by Al_Dente
HAPPY HOUR
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 3:44 pm
by Cobra
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 3:47 pm
by Wallstreetrader
Bull Market Simple !
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 3:54 pm
by Cobra
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 3:56 pm
by Cobra
well, guess that's it for today. Tuesday tomorrow has been mixed recently. thank you guys, I'll see you in another thread soon.
before the close, please take a little time to vote for me, thanks.
http://stockcharts.com/public/1684859/tenpp
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 3:59 pm
by Trades with cats
10 day view of the 2 minute. I extended the Point of control over to the right side. Tomorrow really needs to be up, as last week was not good volume and this thing is looking kinda like a rounded top to me.
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 4:04 pm
by Wallstreetrader
Bears got hamered again
Re: 06/18/2018 Live Update
Posted: Mon Jun 18, 2018 8:07 pm
by fehro
buckle up.. this level goes… look for a -40point drop overnight
Just minutes after the US Senate passed its ZTE-Deal-killing amended-bill, President Trump hit China with a potential double whammy as he directed the U.S. Trade Representative to identify $200 billion worth of China goods for additional 10% tariffs.
https://www.zerohedge.com/news/2018-06- ... iffs-china
Re: 06/18/2018 Live Update
Posted: Tue Jun 19, 2018 2:34 am
by fehro
fehro wrote:buckle up..
this level goes… look for a -40point drop overnight
Just minutes after the US Senate passed its ZTE-Deal-killing amended-bill, President Trump hit China with a potential double whammy as he directed the U.S. Trade Representative to identify $200 billion worth of China goods for additional 10% tariffs.
https://www.zerohedge.com/news/2018-06- ... iffs-china
/ES finds support on May highs 2741/42 yellow line.. DXY dollar now starts to climb.. watch out gold.. under 1275/71 could drop VERY hard