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10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 9:26 am
by Cobra
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near range low, maybe rebound? possible range day.

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 9:29 am
by Cobra

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 9:42 am
by brokebybernacke2
been waiting for a 4 hour bear cross on mac d on qqq. happened...Int Term think market may suffer for a bit...

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 9:59 am
by Cobra

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:03 am
by te_fern
Just going to have to wait for a turn. TICKs seem oversold, but market is still going down....

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:04 am
by te_fern
Getting near 8 day lows....

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:05 am
by te_fern
In above chart, also getting near the S2 pivot, will that support it???

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:10 am
by brokebybernacke2
te_fern wrote:Just going to have to wait for a turn. TICKs seem oversold, but market is still going down....


should bounce at 2906/7, after that , extreme caution imo..

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:22 am
by QED
Apparently Jerome Powell needs a MAGA cap! ;-)

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:23 am
by te_fern
Along the lines that you are thingking bbb2, coolbiz posted this last night:

SPX tried hard to take out the high of Sept 21st, missed by 1.05 points. Weak price action, EDT may have peaked at 2940.91 on Sept 21st.
Would be ideal if it takes out 2903.28 in coming days, if it does, expect a swift slide down.

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:24 am
by brokebybernacke2
brokebybernacke2 wrote:
te_fern wrote:Just going to have to wait for a turn. TICKs seem oversold, but market is still going down....


should bounce at 2906/7, after that , extreme caution imo..


bulls need this higher low bounce to hold , dont see much blocking the way to 2867...

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:24 am
by te_fern
S2 pivot didn't even slow it down....

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:28 am
by te_fern
Semi's are back to their 8 day low...

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:30 am
by te_fern
Bio's have broken their 8 day low...

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:31 am
by te_fern
Smalls are working their way down to it...

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:33 am
by Cobra
if rebound failed here then it'd be downtrend day.

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:33 am
by te_fern
Financials look only slightly better....

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:35 am
by Trades with cats
Jack Ma has predicted a 20 year trade war with China. Bloomberg says the Obama administration spy masters blew it allowing the chinese to infiltrate all our networks. Yes we all do it but this is going to put congress in line with the President . Excellent reason for a sell off.

FAANGS crashing. Well we are now in the blackout period so they are unable to buy loyalty.

Dollar and bonds in extreme volatility.

What a great convergence. At the same time the rumor is for the best jobs report since the 80's. Somebody will make money tomorrow but they will have to get it right.

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:36 am
by BullBear52x
Intraday rip will be sold.

bigger picture, Mid range support zone.

Re: 10/04/2018 Live Update

PostPosted: Thu Oct 04, 2018 10:56 am
by BullBear52x
This is what I am looking atm. bulls need to regain strength above 50% retracement before the bottom is possible. WDIK :roll: