01/08/2019 Live Update

[Trades with cats]

Sorry about all the stuff on the chart. Wave count in teal. Makes intuitive sense and lines up with Cobra's comments. Bounce off the overnight low.

[te_fern]

Tagged dtES lower line and bounced. Now we see if it going to test it again.....

[Trades with cats]

IF the ABC plan is correct we are getting close to the level of retrace where it goes back down for new afternoon lows or it is time for a new plan!

[Trades with cats]

Those Fib Keltner channels of Siri Durda's seem to work well. That is a 20 factor EMA with a 1.618 and a 2.618 atr multiplier. I am not using the 4.2365 band as it rarely comes into play.

[Al_Dente]

“Rare Zweig Breadth Thrust Signal Suggests Bullish Implications”
http://quantifiableedges.com/rare-zweig ... lications/

[Cobra]

members only update at 12:12 pm
http://www.cobrasmarketview.com/2019/01 ... ay-update/

[Trades with cats]

https://www.mcoscillator.com/learning_c ... st_signal/

Tom McClellan waying in on the Breath Thrust indicator's track record.

[Trades with cats]

Big thrust up bar through regular session ES vwap. So are we there yet?

[Cobra]

double bottom text book target. probably just a range day.

[Trades with cats]

Need to see a bounce and a move on up to prove Coolbizone wrong.

Also according to twitter feed very few buy or sell programs today implying that there are no unusual participates at today's auction.

[Al_Dente]

some sectors, one month, %
(pink=internet stocks)

[Trades with cats]

Pasta Boss, I have the former Target guy who made millions shorting the VIX on my twitter feed. Today Seth has updated the Darvas box for 2019 on the SPX. So your effort to popularize is working!

[K447]

Pasta Boss, I have the former Target guy who made millions shorting the VIX on my twitter feed. Today Seth has updated the Darvas box for 2019 on the SPX. So your effort to popularize is working!

What is that?

[te_fern]

Pasta Boss, I have the former Target guy who made millions shorting the VIX on my twitter feed. Today Seth has updated the Darvas box for 2019 on the SPX. So your effort to popularize is working!

TWC, what is Seth's twitter name?

[Trades with cats]

The boxes Pasta Boss draws were originated way back in the day by an actor (I think) named Darvas who of course published a book on how he made a lot of money in the stock market. Ninja Trader and I am guessing Think or Swim will automatically draw the boxes, don't know about stock charts.

[Trades with cats]

Seth Golden
@SethCL

He is working for a local brokerage down in Florida these days. I have him in my feed because the Evil Site made fun of the guy.

Also Warren Meyers, who was posting buy on close stuff seems to have stopped doing that so all I am seeing is re-tweets from his favorite restaurant on the west side of LA (dangerously close to my daughter's apartment) and political stuff. So need a new source for MOC if you are going to trade it.

[Trades with cats]

from the Target guy, Seth. Should just post these things instead of talking about them!

[Al_Dente]

Pasta Boss, I have the former Target guy who made millions shorting the VIX on my twitter feed. Today Seth has updated the Darvas box for 2019 on the SPX. So your effort to popularize is working!

BOX with a bullish bias:

SAVE bull box.png.png (24.86 KiB) Viewed 2741 times

BOX with a bearish bias:

SAVE bear box.png.png (27.12 KiB) Viewed 2741 times

[Al_Dente]

For some reason, smalls love boxes, so i use them frequently
(Cobra calls it "consolidation")

[Trades with cats]

It has been long enough to qualify as a double top and drop set up. Bouncing at VWAP but the last beak reversed lower at the 60 minute opening range low. ES 2557.50