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16th March 2018
Quote from Mcgcapital on 16th March 2018, 12:33 pmPretty confident this is going to break lower soon. Last year the consolidation periods ended up resolving higher with the yanks dragging us up... this time the US market looks to be struggling. If SPX loses 2730-40 area then everything will go down with it.
https://mobile.twitter.com/NorthmanTrader/status/974312608219181061
Looks like distribution and lack of liquidity as every day they gap up and sell off. Big divergence between different indices and different sectors too.
Can see the possibility of a bounce on the 4 hour chart but if it materialises will probably end up being another failed rally attempt.
Pretty confident this is going to break lower soon. Last year the consolidation periods ended up resolving higher with the yanks dragging us up... this time the US market looks to be struggling. If SPX loses 2730-40 area then everything will go down with it.
https://mobile.twitter.com/NorthmanTrader/status/974312608219181061
Looks like distribution and lack of liquidity as every day they gap up and sell off. Big divergence between different indices and different sectors too.
Can see the possibility of a bounce on the 4 hour chart but if it materialises will probably end up being another failed rally attempt.
Quote from anstel on 16th March 2018, 3:15 pmIf we can break and hold above 7167... 200 on the hourly...I would say 7190 is achievable...
If we can break and hold above 7167... 200 on the hourly...I would say 7190 is achievable...
Quote from anstel on 16th March 2018, 3:21 pmOk no point in trying to be a hero ive taken 167..... I had too much size on for a Friday.....
Ok no point in trying to be a hero ive taken 167..... I had too much size on for a Friday.....
Quote from anstel on 16th March 2018, 3:23 pmQuote from anstel on 16th March 2018, 3:22 pmTrying a small short at 68.3 if it fails I will dump it....
It's raving overbought on 3 and 5 min
Quote from anstel on 16th March 2018, 3:22 pmTrying a small short at 68.3 if it fails I will dump it....
It's raving overbought on 3 and 5 min
Quote from anstel on 16th March 2018, 3:25 pmLooking to get long again if it sells off on dow open but only small ...if not I'm done for the week...
Looking to get long again if it sells off on dow open but only small ...if not I'm done for the week...
Quote from anstel on 16th March 2018, 5:49 pmShort ended up from 76.6 closed at 63.8 took another 6pts on the bounce then sold 70 and took 65..... Good end to the week......have a good weekend all....
Short ended up from 76.6 closed at 63.8 took another 6pts on the bounce then sold 70 and took 65..... Good end to the week......have a good weekend all....