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05/23/2018 Live Update

fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 05/23/2018 Live Update

Post by fehro »

INDEXes dailies.. trying hard to push higher
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Trades with cats
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Re: 05/23/2018 Live Update

Post by Trades with cats »

All the energy went into the volume spike at 2 so I expect a slow sell into the close.
Bigger point to me is the island top was created going up on super light volume. Gap down was good night time volume but we powered back through on an algo driven fed news release. I think that gap area will be revisited because we really haven't had trading in that area, just elevator rides.
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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/23/2018 Live Update

Post by Al_Dente »

smalls have been leading up
smalls have been leading down
hence, i will trust this rally when the smalls do...
[edit: ps: yes, i see the higher low(s)]
523 quick.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 05/23/2018 Live Update

Post by Trades with cats »

5 minute regular trading hours
5 minute regular trading hours
Thye low volume node at the monster Fed bar is what I don't like.
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Cobra
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Re: 05/23/2018 Live Update

Post by Cobra »


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Trades with cats
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Re: 05/23/2018 Live Update

Post by Trades with cats »

15 minute Regular trading hours
15 minute Regular trading hours
Four day view showing the same hole in the volume profile. If this market slips this week ES 2714 is clearly one area where there is support. Further up it sure is blocky so no clear consensus on fair value. Also it is clear that the volume was high in the chop zone before the Fed notes were released.
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Cobra
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Re: 05/23/2018 Live Update

Post by Cobra »

well, guess that's it for today. Thursday tomorrow has been mixed. 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
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1der
Posts: 656
Joined: Thu Mar 24, 2011 4:03 pm

Re: 05/23/2018 Live Update

Post by 1der »

SPY PBar update end of day - interesting
SPY 052318_04.jpg
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