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Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 12:58 pm
by BullBear52x
With this type of sell off, see %B, there will be lower lows on a daily basis but bottom is near. for day traders and scalpers, this is your heaven. I hope for the current of volatility to last longer.
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 1:03 pm
by BullBear52x
New low, next counter trend will look at 2% mark. same playbook, Peace!
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 1:05 pm
by Trades with cats
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 1:21 pm
by Cobra
now it's hard to call if the rebound means the low was in or just a rebound. my guess is it's just a rebound.
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 1:22 pm
by brokebybernacke2
BullBear52x wrote:New low, next counter trend will look at 2% mark. same playbook, Peace!
lets hope end of bull traps for today , still dont think low on this move down in..maybe by eow.
Posted: Wed Oct 10, 2018 1:23 pm
by MrMiyagi
Cobra wrote:now it's hard to call if the rebound means the low was in or just a rebound. my guess is it's just a rebound.
SAVE US BABY JANET!!!
NYMO at -72
NAMO at -71
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 1:32 pm
by Trades with cats
So Nomura's strategist, as published in Zero Hedge, absolutely nailed it. The CTA's hit their lighten up point. So I am waiting for the article from Gandalf explaining when the equal risk Bridge water types start puking up a lung, er, I mean reducing leverage.
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 1:34 pm
by QED
Has Jerome Powell joined the "Never Trumper" movement?
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 1:37 pm
by BullBear52x
for the road. Megaphone pattern. bears missed the strong bear pattern, now I call this Flat slumpy bottom.
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 1:44 pm
by brokebybernacke2
BullBear52x wrote:for the road. Megaphone pattern. bears missed the strong bear pattern, now I call this Flat slumpy bottom.
2821 it shall be...
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 2:11 pm
by Cobra
vol surge, could be a rebound here first then we'll see.
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 2:11 pm
by BullBear52x
brokebybernacke2 wrote:BullBear52x wrote:for the road. Megaphone pattern. bears missed the strong bear pattern, now I call this Flat slumpy bottom.
2821 it shall be...
This is unreal 2% drop.
I am back
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 2:14 pm
by brokebybernacke2
risk of crashy here to at least 2802 if 2821 level doesnt hold...amazing. vix exceeding june high...
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 2:31 pm
by BullBear52x
Bloody yet? I got no counter trend setup yet, Hmmmm
Re:
Posted: Wed Oct 10, 2018 2:32 pm
by 1der
CANCELING POWER HOUR THROUGH 2019[/quote]
No need to cancel. It is all about perspective! Here this fixes it:
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 2:35 pm
by 1der
BullBear52x wrote:Bloody yet? I got no counter trend setup yet, Hmmmm
I remember reading about a day like today in a fairy tale trading book - I think they called it a downtrend day. I did not think they really existed? Wow
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 2:41 pm
by Shaishen
BullBear52x wrote:Bloody yet? I got no counter trend setup yet, Hmmmm
ES trying to fill the Aug 18 gap .. pretty impressive all in one session, 55 points so far
.
Re: Re:
Posted: Wed Oct 10, 2018 2:43 pm
by brokebybernacke2
1der wrote:CANCELING POWER HOUR THROUGH 2019
No need to cancel. It is all about perspective! Here this fixes it:
2018-10-10_11-29-18.jpg
[/quote]
preferred target level bounce here , but dont see much hope here.
helmets ready...if u didnt have one on already! 279.60 next level of support
Re: 10/10/2018 Live Update
Posted: Wed Oct 10, 2018 2:43 pm
by BullBear52x
1der wrote:BullBear52x wrote:Bloody yet? I got no counter trend setup yet, Hmmmm
I remember reading about a day like today in a fairy tale trading book - I think they called it a downtrend day. I did not think they really existed? Wow
Wonder how many >2% drop day and stay low in the past. I know Cobra has that stat.