25 replies to this topic

[dTraderB]

Could also be an IT low

 

ES now 35 points above tofay's low, more than 1%

 

NQ now 140 points above today's low, almost 2 % from low

 

Bullish bias for me now, unless those lows are broken

 

 

[redfoliage2]

^{I think that's it, the low was in.    It looks SPX may close the day in green.................}

Edited by redfoliage2, 23 October 2018 - 12:34 PM.

[dTraderB]

Want to hold on that! LOL

 

A retest of 2710 ES will help confirm it

[dTraderB]

VIX at 22.05

High was 24.96

 

I may get a VIX buy at close

But lots of time until then

 

[dTraderB]

Bullish Bostic?
 

The Federal Reserve doesn't need to 'keep our foot on the gas pedal ...

CNBC-8 minutes ago

Atlanta Fed President Raphael Bostic the risk of overheating is the reason the central bank should stick to its schedule of interest rate increases ...

Fed's Bostic Sees Growth, Need for 'Gradual' Rate Rises
Wall Street Journal-7 minutes ago

 

Fed should take 'foot off the gas,' on interest-rate accommodation
MarketWatch-7 minutes ago

[dTraderB]

bearish equity Bostic

bullish yield Bostic

 

might be more appropriate

 

only 1 trade in the last 30 minutes, short NQ

[12SPX]

^{I think that's it, the low was in.    It looks SPX may close the day in green.................}

I said it first lol!!!   will be interesting if it does but the negativity is just too much right now I think.  Of course not saying we won't go lower in time but this down move should be about done!!

[redfoliage2]

Look at VIX it's very tired and it's divergent with SPX today.

[dTraderB]

OK, grudgingly, I give you the top prize for calling it first. LOL

 

But, I still want to see a close above 2710 and VIX closing at least 3 points down from its daily high

[dTraderB]

up up up and away..... bye bear, see you soon

Yeah, bulls in control but not for too long.