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08/17/2018 Live Update

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Cobra
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08/17/2018 Live Update

Post by Cobra »

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the feeling is rebound from here, just a guess.
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Cobra
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Re: 08/17/2018 Live Update

Post by Cobra »


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Daniel
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Re: 08/17/2018 Live Update

Post by Daniel »

SPY quick and easy gap fill. QQQ, IWM not yet.
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Re: 08/17/2018 Live Update

Post by Trades with cats »

Alistair on Twitter keeps asking what happens when they (Apple) stop propping up the market
morning stats.png
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Re: 08/17/2018 Live Update

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Re: 08/17/2018 Live Update

Post by Cobra »

morning hourly hollow red. the implication is on the top left of the chart itself.
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fehro
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Re: 08/17/2018 Live Update

Post by fehro »

buckle up RUT at 20d/50d SMA .. those go .. look out below… mind yGAP IWM SPY .. VIX and bonds up
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Re: 08/17/2018 Live Update

Post by Trades with cats »

Support at overnight low ES 2835.
Daniel
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Re: 08/17/2018 Live Update

Post by Daniel »

QQQ support in the 178.25--50 area.
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Re: 08/17/2018 Live Update

Post by Trades with cats »

Guess we are going to test that support. Need the old 10:30 ramp for a nice 4 point bounce back to VWAP.
Daniel
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Re: 08/17/2018 Live Update

Post by Daniel »

Opex Friday often has a weak zone from the Open to about noon. Perhaps dip buyers will show up then.

Also, as STA notes, "DJIA and S&P 500 have declined on August option expiration day seven times in the last eight years and have suffered full-week losses in six of the last eight August expiration weeks."
Daniel
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Re: 08/17/2018 Live Update

Post by Daniel »

So far, IWM showing the best RS today of the major indexes. Nearly at gap fill, up around the HOD.
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Cobra
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Re: 08/17/2018 Live Update

Post by Cobra »

testing morning high, key time.
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Clueless
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Re: 08/17/2018 Live Update

Post by Clueless »

With the way things are going, very soon the market will be called iMarket.
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Re: 08/17/2018 Live Update

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Re: 08/17/2018 Live Update

Post by Cobra »

maybe it'll test yesterday's high.
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fehro
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Re: 08/17/2018 Live Update

Post by fehro »

fehro wrote:buckle up RUT at 20d/50d SMA .. those go .. look out below… mind yGAP IWM SPY .. VIX and bonds up
NFX 7381.50 20d SMA retest
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Cobra
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Re: 08/17/2018 Live Update

Post by Cobra »

vol surge, biggest bar so maybe pullback here first which likely would be bought though.
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Re: 08/17/2018 Live Update

Post by Cobra »

must be a very good news.
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Re: 08/17/2018 Live Update

Post by Trades with cats »

From Wall Street Journal
U.S., China Plot Road Map to Resolve Trade Dispute by November
Planned Trump-Xi meetings are aimed at ending spiraling impasse
By Lingling Wei in Bejing and Bob Davis in Washington
Aug. 17, 2018 1:59 p.m. ET
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