Announcement

Collapse
No announcement yet.

Wednesday,November 14th.

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Wednesday,November 14th.

    Markets are up 0.50%,gold is flat,oil is up 1.60%

    ES NQ futures down 1%+ overnight then huge pulling back up to up 0.7% BUT not confirmed reversal yet. stand above daily 5ma can confirm it but not yet. check oct24-29 daily chart for reference. 1


  • #2
    Futia:

    http://carlfutia.blogspot.com/

    Comment


    • #3
      remember what i said pre-market and last night. unless see ES NQ reversal back up above daily 5ma, mkt in danger of a huge dive for short-term bottom. if bottom confirmed or see reversal back up above 5ma today, gonna hike like rocket. 5ma is your most trusted friend.

      Comment


      • #4
        Parets on world markets:

        https://allstarcharts.com/dragging-s...er/#more-89384

        Comment


        • #5
          https://pbs.twimg.com/media/Dr-iCYUXgAIYKFt.jpg Bob Loukas‏ @BobLoukas
          FollowingFollowing @BobLoukas

          More
          We are testing the $5,555 Nov 12th 2017 last Bull market cycle low. Expect a strong bounce off that point. But....I believe the trap-door is open my friends. A lesson to stop following Twitter personalities and respect the trend! Bear markets take time. BTC

          Comment


          • #6
            The more I look at the weekly $USD chart, the more it looks to me like it is headed a lot higher in the coming years.

            The fact that it has regained the 100, 200 and 300 WMAs is a bad sign for bears. Every prior bull in $USD ended with a huge spike in which price was *far* above those MAs. We are a long long way from that situation currently.

            Of course, this is looking at purely technicals and prior performance. Given that the value of $USD is simply the inverse of the other currencies in its basket, it's not too hard to see a rocket ride higher based on fundamentals either, considering what the BoJ and ECB have done to their balance sheets. I'm actually surprised the yen has held in as well as it has given their rampant money printing and asset purchases.

            Click image for larger version

Name:	Screenshot_2018-11-14 $USD - US Dollar Index - Cash Settle (EOD).png
Views:	1
Size:	88.1 KB
ID:	387260

            Comment


            • #7


              if $nq_f bounce here from 6776, might be very bad set-up into tmr. likely see strong bounce followed by a huge fade or even deeper dive tmr. best way for mkt move today is to drop below 6776 then stay low into tmr. dive again to 6734 6719 for a bottom. then crazy crazy EOY run.

              Comment


              • #8
                Bob Loukas‏ @BobLoukas
                FollowingFollowing @BobLoukas

                More
                Sea of Red in #crpyto General advice is to stay away. Clean up open position, take profits. Wait for dust to settle. Personally, I see failed Cycles in Bitcoin, if this support zone is lost then there is no real support for a long way down. Not a prediction.

                Comment


                • #9
                  Here is a BitCoin / Crypto update"

                  https://surfcity.co/2018/11/14/cryptos-are-crashing-2/
                  "Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria." Sir John Templeton

                  Comment


                  • #10
                    Well well well. Remember I said GDX needed to reverse and tag the 50 DMA by Wednesday (i.e., price could not slip below the 50 dma for more than two trading days to keep the bull thesis alive)? Looks like it has done that, against all odds IMO, to "keep hope alive" at least for one more day. This is some sneaky, if not outright cruel, action for bulls and bears alike.

                    Click image for larger version

Name:	Screenshot_2018-11-14 GDX - VanEck Vectors Gold Miners ETF.png
Views:	1
Size:	70.2 KB
ID:	387269
                    Last edited by Spanky; 11-14-2018, 01:54 PM.

                    Comment


                    • #11


                      also keep in mind Powell talk after mkt close today. his read on CPI gonna be key. remember, Powell always plays like an economist, not a Fed chair - so very very bad misfit. his eyes are on industrial economy, not political economy... and that's exactly what it was prior to 2008

                      Comment


                      • #12
                        BTC dropping like a rock,finally.5300$
                        Last edited by froll61; 11-14-2018, 04:42 PM.

                        Comment


                        • #13
                          Originally posted by Spanky View Post
                          Well well well. Remember I said GDX needed to reverse and tag the 50 DMA by Wednesday (i.e., price could not slip below the 50 dma for more than two trading days to keep the bull thesis alive)? Looks like it has done that, against all odds IMO, to "keep hope alive" at least for one more day. This is some sneaky, if not outright cruel, action for bulls and bears alike.
                          Waiting to reshort Gold at 1220-1215$

                          Comment


                          • #14
                            Brandt:

                            https://twitter.com/PeterLBrandt

                            Comment


                            • #15


                              Hearing from multiple sources massive fund got caught long Oil & short NG causing the biggest position unwinds in modern history ... the size of the fund must have been massive to cause both to do what they've done... I'm sure we will all be reading about it on ZH soon

                              Comment


                              • #16
                                $nq_f plan already laid out. see if mkt goes like what I said. i could be wrong as news catalyst could change everything. but if this is right, see another dive tmr from technical standpoint - NQ possibly hit 6734 6719. let's see. don't gamble. size your plays.

                                Comment


                                • #17
                                  I am going to go out on a limb and say that the trading range for GDX for the next 2-3 months has been set by the high of $20.51 a few weeks ago and yesterday's low at $18.26. If GDX is to hold onto its bullish posture, I expect price to stay pinned between the 50 and 100 dmas over the next few weeks. Will be very frustrating day to day for bulls and bears, but overall bullish if it can build a base from the confluence of the 50 and 100 dmas.

                                  Comment


                                  • #18
                                    Don't be surprised if pushed too far, the Eurasian response to "Unilateral US sanctions" is "Eurasia using goods surpluses & all that gold they've been buying to create all the USD liquidity they need (and then some.)"

                                    Comment


                                    • #19


                                      almost everyone on twit last night was saying inverted H&S of $spx $comp. many gambled on calls. but as I twitted, dead cross on daily very clear. also said i don't see perfect inverted H&S. look at where we are today. looking at daily chart alone tells you absolutely NOTHING...


                                      Comment


                                      • #20

                                        Powell now standing on his tippy-tippy-toes in the corner he (& his predecessors) have painted him into, as he needs to keep the USD high enough to keep foreigners buying USTs while simultaneously keeping the USD low enough to keep foreigners buying USTs.

                                        Comment


                                        • #21
                                          Most incredibly neutral speech(POWELL). Fed has always worked on greatest risk theory. Reading between the lines suggests Fed thinks risks are balanced, caveat emptor!

                                          Comment


                                          • #22
                                            Today was a good start for metals, but will need to see gold close above $1240 before the pompoms come out.

                                            Comment


                                            • #23
                                              NYMO:

                                              https://stockcharts.com/freecharts/gallery.html?%24NYMO

                                              Comment


                                              • #24
                                                NAMO:

                                                https://stockcharts.com/freecharts/gallery.html?%24NAMO

                                                Comment


                                                • #25
                                                  Bitcoin:

                                                  https://stockcharts.com/freecharts/g....html?%24NYXBT

                                                  Comment


                                                  • #26
                                                    A current Bitcoin price:

                                                    https://www.worldcoinindex.com/coin/bitcoin

                                                    Comment


                                                    • #27
                                                      Fear & greed:

                                                      https://money.cnn.com/data/fear-and-greed/

                                                      Comment


                                                      • #28
                                                        Stocks:

                                                        https://kimblechartingsolutions.com/...h-divergences/

                                                        Comment


                                                        • #29
                                                          Market indices:

                                                          https://kimblechartingsolutions.com/...e-levels-hold/

                                                          Comment


                                                          • #30
                                                            Last Year at this exact time almost NOBODY had heard of Bitcoin….within a few weeks EVERYBODY and his ASS was either IN or wished they were.

                                                            That was about to change in the most dramatic way. The mania lasted just over a month and by Christmas it was ALL OVER ! Buy the dip the Bitcoin Gurus all said…its going to $1 Million ! For sure !! The Gurus were Gurus for a month !

                                                            This chart is GBTC the ETF which is a proxy for Bitcoin.The real Bitcoin went from a few bucks to $20,000 in about a year. Some of the early folks ( we had a few here) will tell you they are happy with thier “Investment” because they are still up 100s of %…but NOBODY you know sold the top…as it lasted a nanosecond….just like in Gold 1980 and 2011.

                                                            It is a Classic.

                                                            Massive Parabolas ALWAYS end this way…and this will go on an on and on…for years ( maybe decades)

                                                            Look at Gold…The Parabola was in 2011 and we are still in a slow dribbling downtrend 7 years later and if 1980 is the model we have over a decade still to go.

                                                            Goldbugs could see this bitcoin result coming because we got caught up in one of these not once but twice and many are still in denial that they shoulda sold a long time ago… but Bitcomaniacs had to learn the hard way…which is the only way .


                                                            Comment


                                                            • #31
                                                              SPY:

                                                              http://www.wsj.com/mdc/public/page/2...moneyflow.html

                                                              Comment


                                                              • #32
                                                                Oscar:

                                                                https://www.youtube.com/watch?time_c...&v=MmPUusk2GhM

                                                                Comment

                                                                Market Data

                                                                Collapse

                                                                Sponsor

                                                                Collapse

                                                                Gold Markets

                                                                Collapse


                                                                Investor Tube

                                                                Collapse

                                                                Sponsor

                                                                Collapse
                                                                Working...
                                                                X