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Knock Out Gaps
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Knock Out Gaps

by The MoleMay 13, 2019

It’s Monday morning and I am trying to think of any insights I may be able to offer beyond what I already delivered in much detail over the course of the past week. To be honest there isn’t much but I managed to scrape together a few highlights you will find interesting. What goes without saying is that we are all tired of being knocked all over the place. Plus the incessant opening gaps make holding equities overnight, let alone over a weekend, tantamount to playing Russian Roulette.

Clearly as long as the series of lower highs and lower lows remains unbroken the bears pretty much run the show here. The occasional lottery ticket is a possibility but why think long when the tape is pointing down? Contrarianism on a whim can be hazardous to your account.

There was an attempt to break the cycle on Friday but it ran out of juice before the close of the session without producing enough distance to sufficiently shift the dynamics. I really hope you didn’t get trapped over the weekend or you’ll be feeling it this morning.

At this point a breach of ES 2890 would be needed in order to give the bulls a snowball’s chance of staving off a decline toward ES 2800 or perhaps even lower. Not a pleasant proposition but I say ‘git ‘er done’ as I prefer the Β bandaid to ripped off quickly so we can all move on.

And by the way if you are holding short – congrats and I suggest you let your trailing stop handle your campaign. Meaning, ride your winners to the max – they happen rarely enough on the bearish side.

Here’s a perspective I wanted to share with you guys as it relates to the volatility signatures produced by both bearish and bullish cycles. The former obviously shows us a steady increase in realized volatility (RV) – at the same time the SQN bubble widened significantly.

That’s a bit counter intuitive for some – after all why would the SQN bubble expand in a down moving market? Because the swings in relative change on a per day basis are wider on both ends. Which is what makes bear cycles so difficult to traverse.

Now let’s look at the tape in January when we were blessed with a smooth bullish advance:

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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  • zzezzezz

    Thank you for the post.
    Still holding short from Friday…

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I just love red mornings. Salut!

    Remember folks, be safe out there.
    https://youtu.be/yyJRVn0X9mo?t=86

  • HD

    some will still say news doesn’t matter.

  • HD

    my bad, BTC just kept rallying right to 7500. She’s a firecracker

  • ridingwaves

    Not me and for a bit I will turn into a bear…though my constant nagging them will mean no cave visit for me

  • ridingwaves

    that is too early to view….wtf

  • Darkthirty

    Awesome way to self-euthanize!

  • ridingwaves

    or u could go like Doris Day at 97….I bet she has some fun in her life

  • zzezzezz

    Covered at /ES 2836 for a nice profit.
    100% cash

  • Julie 35 – 25 – 36

    Definitely out of remaining 1/4 long SPX Loss on 1/4 long held over weekend but did great the 3/4
    Not short yet
    JULIE

  • HD
  • Julie 35 – 25 – 36

    Guys I am using SPY for comps 282.52 strong support now busted Next support 273.29
    JULIE

  • Julie 35 – 25 – 36

    NOW short 60 min chart below mentioned support and VWAP Longer term trade Guys Trade carefully Guys Chief Thanks for the post
    JULIE

  • BobbyLow

    News matters in most cases as it exacerbates a move that was ready to take place anyway. I’ve been sticking with the Oil and Bio Sectors (Wheat is Dead). Oil began to show some strength last week and I went long. The BIO Sector began to show some weakness last week and I went short. Both Oil and Bio moves are being exacerbated today πŸ™‚ but from different news.

    It took a big set of balls and or staying power to hold regular equity indices or futures either long or short over the WE and congrats to those who held short. If you held long well . . .

  • BobbyLow

    As much as this might seem like the end of the world for equities and maybe it is, I just took a look and this morning is printing about where we were on March 25th (about 8 weeks ago). This just goes to show how crazy the move was to the upside over the past 8 weeks. The only difference between the upward and downward moves is that it took 8 weeks to get there and 1 week to take it all away.

  • Julie 35 – 25 – 36

    Guys SPXI was looking for the bounce to a shorter high to short for a longer term trade. The bounce failed at the 5 ema and 50% retracement. Playing it now on the weekly chart I believe a correction is in progress. This correction per chart recognition will go down to weekly STOCHS 21.1 at 20 JULIE https://uploads.disquscdn.com/images/4bc89f03f2dcdc2425eb107f5453ef4114f954f5e7ac280c91a2f3b9f4f3a71a.png

  • Darkthirty

    Genetically should live to 100, rather not though

  • Julie 35 – 25 – 36

    Hi BL Staircase up and elevator down. It has always been that way
    JULIE

  • Julie 35 – 25 – 36

    SLV Holding important 13.84 and showing relative strength today
    JULIE

  • Sp00nman

    Wild price action last few days. Friday was a helluva squeeze and vol got smashed, and today we have a big gap down with volume approaching 15:1 negative and looks like high odds for a washout. Oil and gold are holding up.

    Interesting to see how this trade war plays out. Looks like short term pain ahead, but it should push more businesses to diversify away from China into other EEM’s longer term.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    SP IMO This correction was going to take place without trade situation with China
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    my friend calls it the drool stage. Not very self aware or of Life in general.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    hey, I’m saving the broken, nearly severed ankle jump for later.
    LOL.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    nice fib work there partner.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • HD

    at this pace SPX will be at 0 in 45 days

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Price is King….until it’s dethroned!

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Sp00nman

    Julie, I agree. I think news can give the market a little nudge one way or the other though.

  • HD

    Some great reads out there highlighting exactly how much MORE you are now or will be paying for US “winning” this trade ‘war.’ Especially food. Those tariffs get paid by us, the consumer.

  • HD

    I did not hold. Had the rally Friday though. Protecting gains is the key rest of month. 2800 is a good price to take the next trade.

  • ridingwaves

    food is not going up….doom sells well though….we don’t import jack for food….of course melamine is good stuff…

  • HD

    30 point gap last Th Vix 23, 40 point gap today VIX 20. It’s a POS

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    all those epic flooded wheat fields will raise prices. has everybody forgotten?

  • http://iberianviews.blogspot.com/ catracho

    unless it’s heading for the lower blue line πŸ˜‰

  • Julie 35 – 25 – 36

    Hi RW What’s that fish that’s imported that no one really likes tiliapa or something like that LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    hey! easy on the bear pr0n.
    ..maybe later today. LOL.

  • Sp00nman

    There’s an argument to be made that VIX was too high last week (overpricing risk), and maybe today it’s a little underpriced.

  • Julie 35 – 25 – 36

    Trailblazers over Warriors for NBA Western Conference Title Go Blazers ! Rip City !
    JULIE

  • HD

    food is not going up? Dude, I could tell you it’s Monday and you’d argue it wasn’t….

    Not my work just what the report is showing. I believe the work.
    “Food prices rose 8.2%” Department of Agriculture

  • ridingwaves

    as wheat gets hammered day in and day out…..crowded trade that be….might come to roost next year though…..

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    if you told me contago (or backwardation) in wheat, I’d have to take your word for it.
    πŸ˜‰

  • Sp00nman

    I think he means due to tariffs HD, not in general. That’s one thing the US is fortunate about, most food produced domestically. If you are hungry you can feast on soybeans. :p

  • Julie 35 – 25 – 36

    $VIX going to 35 then 50 ? It could
    JULIE

  • HD

    Admittedly I’m no economist. Let’s see how it plays out.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • ridingwaves

    You take it as an argument, I’m just saying the food industry from china is minimal if you cut out tea, ginseng, dog foods, some ag and meat products….very few of latter….I shop at Chinese food stores in the city, most comes from locally sourced farms….but is 2-3 x cheaper than big box stores….no marketing…cool graphs in site broken down by industry

    https://qz.com/1232833/explore-all-506-billion-in-goods-that-the-us-imported-from-china-in-2017/

  • ridingwaves

    this will begin to affect China…

    GoPro to begin production in Mexico of U.S.-bound cameras in June

  • ridingwaves

    I think LABU could hit that gap at 37-37.20…..I will buy deep long if it does….

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • BobbyLow

    I thought the same thing but from what I’ve read Wheat is being over supplied by the rest of the world right now so there has been no upward pressure on wheat prices. So those in the USA affected by bad weather have a double whammy of low yield and low prices.

  • HD

    BTC is up $790 – she’s a beauty

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • HD

    agree! I think that is what it should be used for. The idea that it can predict SPX movement is a joke. It moves after SPX

  • https://evilspeculator.com Sir Mole III
  • Julie 35 – 25 – 36

    GG BAC loses it’s 89 now down to it’s 233 Loses 27.75 gonna get real ugly
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    find a weaker bank.

  • BobbyLow

    I track the S&P BioSelect Index $SPSIBI and as soon as I see some strength building in it again I’ll be flipping over to LABU as well. LABU and LABD prices are derived from this Index and easy for me to follow.

  • Sp00nman

    Yes and no.. It’s not so much that it predicts movement, but it affects SPX because it’s strongly correlated. If you have traders shorting volatility, it leads to buying in SPX at some point. The opposite holds true as well.

  • Julie 35 – 25 – 36

    GG SPX losing the “Holy Grail”
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    losing? or testing?
    Europe closes, and they reverse this thing, yes?

    https://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p90241910828

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    2.3% is a heck of a lot to drop in a daily.
    AND don’t forget to look left. (my 2 grams)

  • Julie 35 – 25 – 36

    Look left then look down GG !
    JULIE

  • HD

    The high was really 1 618? You can’t make this stuff up.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    mathematically choreographed. Fractal regulation.
    all part of God’s plan.
    πŸ˜‰
    https://www.youtube.com/watch?v=greG6_f7Y7Q

  • HD

    I mean to say the VIX has never once rallied 25% before a 70 point hit in the SPX. Always after the hit.

  • Mark Shinnick
  • Darkthirty

    Nothing wrong with making bank, a good kill usually makes me walk away for a bit. Got a 10 target on $INDU RSI (5) 60 minute…we’ll see

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • zzezzezz

    long /ES @ 2810

  • https://evilspeculator.com Sir Mole III

    China is going to lose this war. Besides – a lot more than just a trade deal and uneven tariffs are at stake here. The Chinese have been yanking the West’s chain for over 20 years now. International IP laws are meaningless in China, foreigners are unable to solely own companies and any product sold in China must be fully disclosed to the government, including the method of how it is made. Talking about an uneven playing field.

    What Xi doesn’t get is that we can produce the same crap we import out of China in many other countries. Mexico – with all its problems and as much as people keep bitching about them – makes for a much better trading partner. Plus it’s much closer geographically.

  • Dyellowflash

    I might also go long near 2790.

  • zzezzezz

    I’m watching for 2777 (200 SMA) on /ES

  • Darkthirty
  • Dyellowflash

    Let me put in a long position at this retrace 2813 and see what is going on

  • HD

    what time did the last 2 rallies start?

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ok. Europe Markets closed.
    I’m seeing an uptick in /ES

  • Mark Shinnick

    In early 70’s I worked stereo sales in Westwood when 4-channel came in, played this alot.

    To longside people; this is very dangerous area to be messing with longs.

  • Darkthirty

    The missing link at this point, is the tightening of welfare. Nothing for illegals would be a start.

  • Mark Shinnick

    Its a good time to have begun some unglueing

  • HD

    America hates Mexico though.

  • https://evilspeculator.com Sir Mole III

    ZeroHedge is increasingly resembling an anti-Westerb propaganda operation. Every time the market drops they’re busy whipping out one disaster clickbait theme after the other. Well – like a stopped clock – one of those days they will finally be right.

  • Darkthirty

    In early 70s I was removing cassette players in the dark and re-installing them in the daylight.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Yes, last year I notice a handful of commentaries saying ZH is not what it use to be.
    It’s been co-opted/compromised. Untrustworthy.

  • Mark Shinnick

    You were good for my business πŸ™‚

  • HD

    these are the same people that believed in planet X, Niburu, Jade helm 15 etc. Darwin will sort it out.

  • HD
  • Darkthirty

    coaxial woofers and golden voice tweeters paid a premium too

  • BKXtoZERO

    ARG…. at least my NUGT and USLV have been steady to up. Arg,….

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Cosmo Kramer was into platforms. (or was it ‘Levels’?)
    Channels would be more appropriate.

    https://uploads.disquscdn.com/images/25ff2ccd267caff577c0503c40c13f629d503a21ecfe5a44acef5b465cda11ff.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    rise and shine sleepy head.

  • Sp00nman

    I completely agree. I was talking to some friends and it’s amazing how oblivious most Americans are regarding the issues with China. This has been long overdue. Mexico, India, Vietnam, should benefit longer term.

  • Mark Shinnick

    I had some lotto with goro, getting some triggers in jnug

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • zzezzezz

    added to long position @ 2708
    stops have been set below 2800

  • HD

    back up is en route, watch your six. buy orders in

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • BKXtoZERO

    Arg

  • HD

    Cash SPX has traded down (34) from the open.

  • ridingwaves

    zeroedge was most likely created by a MM or institution….psyche wars are cool to use on traders, retail and hedgey folks

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    soooo?….you’re thinking HWB?

  • HD

    2824 ES

  • zzezzezz

    next stop VWAP?

  • HD

    i would think vwap trades at some point

  • ridingwaves

    they have a lot to lose….the treasuries are a nothingburger, its the best place for CB to eliminate risk today, no other yield pays better and rates will go down at same time increasing that yield….

  • https://evilspeculator.com Sir Mole III
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    mid panel, below Zero, below VWAP.

  • ridingwaves

    the mm’s have to go scoop some stops below 2800….too close

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    the left panel, looks like that base jumper I posted earlier.

  • ridingwaves

    the first one was unreal….what a disaster
    they used the cliff he took out to cover jamie and cersei last night

  • Darkthirty

    ??

  • Darkthirty

    About time to wipe it with the curtain………Where’s ES VWAP?

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    2820 according to the screenshot under your nose.

  • ridingwaves

    what is that candle called on vix daily right now

  • Darkthirty

    Don’t know anything about candles…

  • Darkthirty

    OK, wasn’t sure of what all that was….

  • ridingwaves

    anyone – me either…too many things… but its bullish looks to me
    https://uploads.disquscdn.com/images/a4eba748b442b35408c6de984e7af9047f4c7e65b6529ce0f6908d20c91327c5.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Dyellowflash

    hrly zero seems to be forming a small divergence favoring the upside, though I doubt it will be of much use for a long entry at this point.

  • ridingwaves

    any move north is going to sell off, I’m scalping tvix in it.

  • HD

    Some debate if the DJI is king or if SPX but DJI showing previous 4th and 100% retrace in 1/2 time of it’s EDT. Time to show it’s cards. This pattern not confirmed on SPX.
    https://uploads.disquscdn.com/images/2f946a1174d325df21525f1a6a8b5e0743044eae000ef002824c9223669d3144.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    if I don’t get at least 4 likes on this chart.
    I’m hanging up the DOW charts.

  • HD

    SPX is the traders market but…

    Nice confluence on the median +1

  • Dyellowflash

    wow. a big poke up 5 mins after my observations…. looks like i have underestimated the power of zero again.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • ridingwaves

    the blue line is a lock…..people will sell more tomorrow….the end of the world is here…I expect a sell into close….perfect opportunity…

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    so ‘death to Uber’ IPO?
    πŸ˜‰

  • ridingwaves

    yep….and never cross the PTB……never
    Sweden Reopens Rape Investigation Against Julian Assange

  • ridingwaves
  • https://www.youtube.com/playlist?list=PLEx52bnnbLmh2dnV_Vyq1ErXT79LSU6pT xenoson

    My trend system signalled divergence. NQ. Very typical behaviour. 7360 is about VWAP as well. Break that and go. Nice hourly candle.
    https://uploads.disquscdn.com/images/706efe5f96cc18fd40bd2b34fcb9cffea78f94b85c34a11b9722e54d8ea03be3.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    the 80 & 89 *seem* to be holding. exciting times.
    Off to Lunch!

    https://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p90241910828

  • Julie 35 – 25 – 36

    Guys The trend is now down correction starting. SPX down to 2650 – 2612 Gonna let er ride
    JULIE

  • ridingwaves

    having a hard time pushing indexes up…I wonder what Vixen is saying….

  • Julie 35 – 25 – 36

    Short the bounces Going long is a losing game now
    JULIE

  • zzezzezz

    I’m still long /ES @ 2809 average. Stops just below 2800.

  • zzezzezz

    beautiful divergence on the 5 min Zero πŸ™‚

  • Julie 35 – 25 – 36

    ZZ You are a very short term trader which is fine going in and out. I know how to do that also BUT now letting it ride.
    JULIE

  • https://www.youtube.com/playlist?list=PLEx52bnnbLmh2dnV_Vyq1ErXT79LSU6pT xenoson

    Let it first bounce a little more.

  • HD
  • zzezzezz

    Yeah, I definitely just scalp a lot. Absolutely not going long from a trend/swing perspective.

  • zzezzezz

    and there it is πŸ™‚

  • zzezzezz

    Moving stops up

  • Julie 35 – 25 – 36

    Guys Pattern recognition SPX for corrections Will show weekly chart again Follow weekly STOCHS 21,1 Shown SPX weekly chart again for longer term intermediate trade Let Er Ridehttps://uploads.disquscdn.com/images/6f252354b8b9aa734008e3d6ad32dca1e417c4a63e732fa84c235b226e95076d.png JULIE

  • Julie 35 – 25 – 36
  • Julie 35 – 25 – 36
  • ridingwaves

    the boys of spring can’t seem to push the vix past that hourly 18.50 support….

  • Mark Shinnick
  • BKXtoZERO

    NUGT on the move….where is Yoda and some gold bug love here? Who is with me?

  • zzezzezz

    Sold. +12 handles
    100% cash

  • zzezzezz

    sold!

  • BKXtoZERO

    I tried scalping SVXY but I am not allowed in my self directed 401k. Says creates a taxable event…. They let people hang themselves w tvix but not svxy. Strange world. Svxy not worth scalping anyway for my size.

  • zzezzezz

    short /ES @ 2822.50

  • Julie 35 – 25 – 36

    SPX The breach of the parallel channel and 55 ema is significant. Today’s bounce as you can see off a support BUT damage has been done Correction in progress JULIE https://uploads.disquscdn.com/images/7cb668cfa5a385475402ae7d3fde5ce5b9a9a16f80fb48bbf26776fab4123f83.png

  • BKXtoZERO

    Long tvix 27.7 day only edit (sheez)

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    back from lunch.
    so glad price recovered. Otherwise, this could be something Serious!
    ;-D

    https://uploads.disquscdn.com/images/8a926e841e9868fccd1439ac4112e6a1eda76da9c5b646368f7917120ee1f1c7.png
    Infamous 80 cycle chart

  • https://evilspeculator.com Sir Mole III

    Hey guys – so the Zero is starting to look a bit divergent, yes:

    https://uploads.disquscdn.com/images/89f75064101adb398da1f42e5f358ef4614e2b9d6b617580e6d44f67f9b6596a.png

    But quite frankly I have little desire to get involved in tape like this – see the blue boxes highlighting only the recent opening gaps.

  • zzezzezz

    yup, been watching the divergence all day. good times!

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Darkthirty

    My thoughts exactly, like kicking a chow dog

  • Julie 35 – 25 – 36

    One important item Chief Now is the 1st time the 5 ema has crossed below the 21 ema and both declining since December rally I would be very careful on longs and as you state in today’s post manage carefully and be careful holding overnight. IMO correction in progress
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    BK The PM’s YES ! Have SLV
    JULIE

  • ridingwaves

    I’m working on a song “one tweet from hell…”

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    GG Falling below 70 GG !
    JULIE

  • HD

    VWAP traded and 2824 traded. If your system didn’t get you long or short today then there’s room for progress in your system. +43R in May

  • ridingwaves

    no one is mentioning the sabotage on SA oil tankers, surprised oil is not helping market….so I already flipped coin..

  • HD

    Your system should not care if the moves are 5 points or 25 points. Just trade in intraday.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    3 in 5 chance of getting worse.
    2 in 5 chance of recovery
    1 in 5 chance of general tomf*ckery

  • Julie 35 – 25 – 36

    Guys My yield curve exit indicator nailed the September – https://uploads.disquscdn.com/images/547eb366dde092549ff50c2ebcb6b5a8e94f0177bb79ba2e431c4d93ea9d9f1e.png December correction and warned of impending correction mid April JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    a few tankers is nothing. NOTHING.
    https://pbs.twimg.com/media/Dkr_Fs4UwAAVJbH.jpg

  • ridingwaves

    in the strait of hormoans
    you betcha

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    where’s did you get that one? come on, Grizz helped, yes?

  • HD

    This market is all about tweets. Lol

  • BKXtoZERO

    SLV is the DOG I knew it was….NUGT rocks….

  • Julie 35 – 25 – 36

    Yeah GG In his notes !
    JULIE

  • Julie 35 – 25 – 36

    NOOOO BK !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    you can’t just throw his secret recipes out to the World!
    he worked hard for that.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    remember how it all went wrong for the apprentice.
    https://media1.tenor.com/images/ddafdaa5f109cc0974522445b173639e/tenor.gif

  • Julie 35 – 25 – 36

    Guys EXAS a possible long anyone playing medical diagnostics Hammer candle today Oversold down to 89 ema ; trend line support and lower cloud boundary JULIE https://uploads.disquscdn.com/images/d322b783d52f14893baf6de19173392217ad04bb811932f3d3bd30fbed92b082.png

  • zzezzezz

    moving stop down

  • zzezzezz

    /ES 2777 today?

  • ridingwaves

    tomorrow….if vix breaks today’s high, its a go

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Russell -3.35%
    puke puke puke

    Getting that time, close up the books..

  • BKXtoZERO

    Ooooot of tvix +1.50 da king!

  • ridingwaves
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    INTC.
    a technical buy. RSI 20.05 on the daily, wow.
    but I’m with Mole in sentiment.

    https://stockcharts.com/h-sc/ui?s=INTC&p=D&yr=2&mn=0&dy=0&id=p50131532500

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    buffet for all!

  • BKXtoZERO

    Exactly! I am here now. The king of tvix needed to get something somewhere…. https://uploads.disquscdn.com/images/32754813a1b48107a530d573a62eac0e37775d8fff6a71512578fe375079767a.jpg

  • Darkthirty

    Green close?

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    thanks, I’ve already had lunch.
    but I’ll take some Kheer!

    http://www.sonisfood.com/wp-content/uploads/2013/03/kheer1.jpg

  • Julie 35 – 25 – 36

    SPX It will bust this support Next support approx 2725 and probably a tradable oversold bounce to a lower high then re short Again I will point out and admonish this is the 1st time the 5 ema has crossed below the 21 ema and both declining since the December rally Refer to chart below and a reply to our Chief JULIE

  • Julie 35 – 25 – 36
  • BKXtoZERO

    Mango mousse today!

  • BKXtoZERO

    What is your target BKX?

  • zzezzezz

    i wouldn’t be surprised

  • Julie 35 – 25 – 36

    ZERO BK !
    JULIE

  • zzezzezz

    stopped out for a profit. +8 handles

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    NAZ leads to the downside
    -3.44%

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    RSI 32.
    wait till it hits 31 or 30!

  • zzezzezz

    love it!

  • zzezzezz

    100% cash

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    maybe tomorrow…”79’s ARE TRADING!!”

    https://www.youtube.com/watch?v=E1xqSZy9_4I

  • BKXtoZERO

    More comments in down trends and high volatility. Give the people what they want.

  • zzezzezz

    lol. i remember that.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    does it still exist?? (the commentator service)

  • BKXtoZERO

    What is your green line? Thanks

  • Julie 35 – 25 – 36

    Guys TLT Bonds on a rip with buying volume more than selling volume. Sorry equities Bonds gonna win again as usual JULIE https://uploads.disquscdn.com/images/1c4d032baabd0ed15d7106b8c45b96deb66a04061d532c4747fc7a5c7c533ae4.png

  • Julie 35 – 25 – 36

    Guys check out SPY selling volume today ! Oh ! Oh !
    JULIE

  • Julie 35 – 25 – 36

    More distribution ! Can’t wait for IBD Market in correction !
    JULIE

  • ridingwaves

    just 100sma..I’m still in TVIX…

  • ridingwaves

    Handclap

  • mSquare

    You mean cnbc special ‘Markets in Turmoil’?

  • Julie 35 – 25 – 36

    Back to work Everyone Have A Great Rest Of Day !
    JULIE

  • Julie 35 – 25 – 36

    That one too M Square !
    JULIE

  • ridingwaves

    or 2755 for unloving feeling….

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • zzezzezz

    Long /ES @ 2802

  • http://iberianviews.blogspot.com/ catracho
  • http://iberianviews.blogspot.com/ catracho
  • BKXtoZERO

    In other news gold just poked above 1300….

  • ridingwaves

    24620 is the only gap in move up not closed…per mini dow…the bears should gun it right now…opportunity galore….I’m riding volatility up….I should look at dow or SPX shorts more so but was busy today…Rut feels close to a bottom..

  • zzezzezz

    Moving stop to break-even

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • zzezzezz

    Moving stop to 2806

  • Mark Shinnick
  • zzezzezz

    Sold.
    +4 handles

  • zzezzezz

    Lol

  • zzezzezz

    Long /ES @ 2804

  • mSquare

    Are you saying that there are 5 more lives left?

    https://www.wonderopolis.org/wonder/do-cats-really-have-nine-lives

    There is also an ancient proverb that claims, β€œA cat has nine lives. For three he plays, for three he strays and for the last three he stays.” Some people believe the nine lives myth is related to cats’ ability to always land on their feet. Cats are also known for their dexterity and agility.

  • zzezzezz

    Moving stop up

  • zzezzezz

    Sold @ 2814
    +10 handles

  • zzezzezz

    A pullback to 2808 would be nice…

  • zzezzezz

    Short /ES @ 2815

  • Julie 35 – 25 – 36

    ZZ With as much trading that you do have you negotiated rates? I have with the former Scottrade now Ameritrade
    JULIE

  • zzezzezz

    Stopped out for 3 handle loss

  • BKXtoZERO

    What do you do? Call and ask? Should I tell them I am the ayatollah of tvix and demand cheaper commissions?

  • BobbyLow

    Julie, I think with the amount of money he’s made trading futures over the past few days, he’s probably not worried about the relatively small cost of doing business. πŸ™‚

  • zzezzezz

    Lol. Yeah you gotta call Ameritrade to ask. They have some tiered structure.

  • Julie 35 – 25 – 36

    Yes BK Commissions can be negotiated
    JULIE

  • BobbyLow

    You have been on one hell of a roll over the past week. Gotta give ya a tip of the cap. πŸ™‚

    This morning’s gap kept me away from a day trade this morning and then I had to leave for awhile this afternoon so I skipped the whole day. Hope to be back at em tomorrow. I thought about following you into your long at 2804 and probably should have but I’m trying to stay out of new entries after 4 PM when volume begins to get thin. My focus is not as sharp in after hours either.

  • Dyellowflash

    I was long last session as stated twice in the comments. I would like to short today, but so far nothing bearish on yesterday’s zero. So if I get to short, it will be based on what happens with the zero today.

  • http://www.captainboom.com/ captainboom

    Yep. Algos trade the price levels. Easier to program.

  • http://iberianviews.blogspot.com/ catracho
  • zzezzezz

    Short /ES @ 2829

  • zzezzezz

    moving stop down

  • http://www.captainboom.com/ captainboom

    Lots of words, says nothing. Same as it ever was.
    Edit: That formal logic class I had in college was invaluable.

  • zzezzezz

    setting stop @ 2827 to eek out a small gain

  • zzezzezz

    stopped out for +2 handles gain

  • nirav777

    if es gets thru 2828.50; i have spots open at 36.50, 40.75, 45.5 and 52.75

  • HD

    The VWAP has been very valuable lately. 10 handle bounce off it this morn already.

  • zzezzezz

    Short /ES @ 2830

  • Dyellowflash

    Some sort of divergence. I am short 15%. 2828. Dipping a finger to test the water. That’s all.

  • zzezzezz

    Yeah, this could go against us quickly. My stop is set at 2833.

  • Dyellowflash

    same SL here

  • HD

    Reminder it’s OPEX week. Turn around Tuesday. Continuing to monitor previous 4th DJI 25.2

  • zzezzezz

    ugh. stopped out. -3 handle loss

  • Dyellowflash

    Same here. Maybe not now, not today, for shorting.

  • Dyellowflash

    The zero said no a while ago before we were stopped out, but its just 15% and we were already 1/2 way to the SL, so didn’t bother. See how it goes in 3 hrs time. Just fyi, usually after a fail short attempt by me, mkt has about 3 hrs of upside to go.

  • zzezzezz

    LOL. good to know πŸ™‚

  • HD

    tested VWAP twice today. Most indicators are/were DITD

  • HD

    even the rallies are better in bear waves

  • Sp00nman

    Yep, testing yesterday’s high now. Let’s see if it holds.

  • Julie 35 – 25 – 36

    Hi HD $BKX an oversold bounce off support Checkout the impulse down from end of April.The big dump down thru it’s 55 ema JULIE https://uploads.disquscdn.com/images/16c08f0ad009c14c4a282030762eabebee3a8e7a856e4fd0898dc06c0d0b599b.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    that’s the seduction me thinks.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Can we get the font a little bigger? It’s hard for me to read.
    πŸ˜‰

  • Julie 35 – 25 – 36

    No Chief today … Everything OK ?
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Shiver me Timber

    the heels are a little too much.

  • HD

    I translate that as 100% insane

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • zzezzezz

    Command me

  • Julie 35 – 25 – 36

    Just two ! LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Quality, not quantity sweetie.
    LOL.

  • BobbyLow

    I’ve begun to use VWAP again and it’s been working for me. Just picked up +10 and re-upped again on the long side. I feel kind of funny though because most of you guys that are trading Equity Futures are using the /ES while I’m using the Micro /MES. My risk levels are a lot less. But perhaps because I’m capital challenged the amount of risk might be relative. πŸ™‚

  • Julie 35 – 25 – 36

    Hi ZZ To the galley and make me breakfast ! NOW ! LOL!
    JULIE

  • BobbyLow

    LMAO!

  • HD

    nice trade BL!

  • zzezzezz

    sweet πŸ™‚

  • HD

    you wanna walk the plank?

  • zzezzezz
  • ridingwaves

    for all the bears talk, they sure whisper when the goal is within reach….. 2755 is still in play….maybe not today….this week has big P….

    Handing a bear a football is a sure fumble….kind of like a liberal talking about illegal immigration….

  • Julie 35 – 25 – 36

    Hi HD You First ! LOL!
    JULIE

  • Julie 35 – 25 – 36

    LOL!
    JULIE

  • Dyellowflash

    Huh… that’s about an hour of our lives passed, unable to short. Maybe 1.5-2.5 hrs to go. I see a couple of bearish 5m candles, but I got to wait for the zero 5m to open the magic window. This is all a test of Faith.

  • Darkthirty

    It’s drivin me nuts!

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I’m assuming today will be less exciting, than yesterday.

    In following the BPSPX, it saved me about -100 S&P points of danger. (2920-to-2820)
    I would like to be able to create a system, if it has an edge, to exploit the difference
    on those bearish pops (circles). It would be a rare system, how many orange tweets matter nowadays?

    https://uploads.disquscdn.com/images/b02ca084ad160504a817a83b416f84d4db9aaa99c20708ad565bd3f4b3b7a157.png
    -GG

  • HD

    This wave is 10 days old now, on the days it’s rallied did it sell off? what time? how did it close? every wave has unique characteristics.

  • Sp00nman

    Looks like we’re just bull flagging here. Internals pointing up after a nasty day yesterday. Bias to the upside today to me.

  • http://iberianviews.blogspot.com/ catracho

    what time frame? can you post chart?

  • BobbyLow

    Ahhh, there’s my friend from across the aisle. LOL

    EDIT: BTW, seeing as how you mention liberal, your guy Trump has turned me into one.

  • Darkthirty

    Watch the channel lines

  • http://iberianviews.blogspot.com/ catracho
  • Sp00nman

    Very short term, 1/5min chart.

  • Julie 35 – 25 – 36

    Guys Keep in perspective oversold bounce IMO going to be contained at the confluence of the declining 5 and 55 ema’s ; resistance level all matching the 38.2% retracement https://uploads.disquscdn.com/images/3762fd5ee57bb900bbff38c096cf75cfe3b8798a8afca82810a77619320c907a.png

  • zzezzezz

    yeah, looks like a good spot

  • HD
  • Darkthirty

    2855 is 382 of last major

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    it’s those slippery bananas.
    https://www.youtube.com/watch?v=9ogQ0uge06o

  • https://evilspeculator.com Sir Mole III
  • Julie 35 – 25 – 36

    D30 Daily and 60 min MACD’s below center line
    JULIE

  • BobbyLow

    There’s another +10 Points holding and put on a 10 Point Trail.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    no bacon?
    πŸ˜‰

  • HD

    It’s piling up amigo.

  • Jason13

    Good time to short? 5min bearish divergence forming?

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    are we HWB from May 13 high?

  • HD

    Sorry the 2806 was a little early yesterday but they did give you two chances at them. 50R month already. When the summer dull drums hit I will find a beach.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Darkthirty

    14 minute between ramps….

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    15 minutes cycle. I bet.

  • https://evilspeculator.com Sir Mole III

    Nice trade HD – sorry I couldn’t spend more time here yesterday but I had health issues over the past few days. I’m being told I need to cut down on the stress – which means a vaca or two.

  • zzezzezz
  • zzezzezz

    i was thinking either BEAR or BULL meat πŸ˜‰

  • Julie 35 – 25 – 36

    Taking care of yourself is job 1 Chief
    JULIE

  • Jason13

    Resistance at a running channel here 2849 ES…or not

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    well for one, he doesn’t like those endless Espana noisy holidays.

  • BobbyLow

    Looks like it could. I’ve been using OCO orders with my stop and target on the same order. There are times when there is a good run and I’ll renew my orders after hitting my target to the next level. This time, I just put in a large trail and will let the market take me out. I’m a little concerned about the price action between noon and 1 PM when price can screw around. I know the computers don’t go to lunch but they might have a WD40 break or something. πŸ™‚

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    secondly, he keeps looking at the Euro!

    https://finviz.com/futures_charts.ashx?t=6E&p=d1

  • Mark Shinnick

    Had some weirdness with EvS on Chrome this morning. Been long labu; this looks to have more upside to go. Got exit in golds / goro this morning.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    thirdly, he insists on programming it himself. When he could get a programmer for ruppies a day.

  • Julie 35 – 25 – 36

    Jason at a 50% retracement also
    JULIE

  • https://evilspeculator.com Sir Mole III

    Yeah but then I would have to fix all the bugs later. Nah – it’s not the programming – I have been basically working 2 jobs as I was also producing a ton of videos behind the scenes over the past year. It’s been a full time endeavor.

    My wife is getting worried so we’ve booked a little mini vacation starting this Friday. We’ll be in Lake Bled and Southern Austria.

  • BobbyLow

    Like Julie said “Take care of yourself”. Take some time off if you need it.

    You have some good people here that can take care of things if you need to take a break.

  • HD

    Dang. Sorry to hear that. Health first. I’m a big believer in CBD oil. For everything. Give it a try.

  • Darkthirty

    fib time says 11:30

  • Julie 35 – 25 – 36

    SPY volume dropping off too
    JULIE

  • https://evilspeculator.com Sir Mole III

    Will research it – thanks mate.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Mailorder or Tucson?

  • https://evilspeculator.com Sir Mole III

    You’re offering a post? πŸ˜‰

  • Dyellowflash

    Shorted 2849. Tight 3.5 pts SL. Still nothing on the Zero. Only a mole arrow.

  • BobbyLow

    Sure. It wouldn’t be very technical but I could put something together if need be.

  • BobbyLow

    I swear around this time everyday the price action get’s a little wierd on most days. But I could just be imagining things.

  • HD

    I use premium Jane.

  • Julie 35 – 25 – 36

    BL SPX cash at important levels as I type
    JULIE

  • Darkthirty

    Sell signals keep getting overridden

  • BobbyLow

    Good one on LABU Mark.

    FWIW, I’m still sitting on some profit on LABD that’s just about ready to get stopped out. I’m also getting close to flipping over to LABU.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    half hour after Europe closes? I would concur.
    https://money.cnn.com/data/world_markets/americas/

  • Mark Shinnick

    Yes, I see we are about where that trend would break, nice overall hold there !

  • BKXtoZERO

    L TVIX 26.05

  • ridingwaves

    most likely can get flight straight into Heraklion from your aeropuerto….rent a car, a villa or nice b&b..do the gorges, taverns, Raki, people, goats, beaches, it will help
    https://www.google.com/search?q=crete
    too many places to see in this world..

    a friend of mine just lost a 29 yr old kid, dollars and stock charts are boring….now nature, she is something else….get living…..

    β€œClimb the mountains and get their good tidings. Nature’s peace will flow into you as sunshine flows into trees. The winds will blow their own freshness into you, and the storms their energy, while cares will drop away from you like the leaves of Autumn.”
    ― John Muir

  • https://evilspeculator.com Sir Mole III

    I’ll bite! Email me at admin@ and I get you set up. Tony – my quant buddy is also going to post at least once – probably twice. So one post from you would buy me another day not having to think about the market.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    FWIW,
    https://www.bloomberg.com/news/articles/2019-05-06/who-to-sue-when-a-robot-loses-your-fortune
    “In the hedge fund world, pursuing AI has become a matter of necessity after years of underperformance by human managers. Quantitative investorsβ€”computers designed to identify and execute tradesβ€”are already popular. More rare are pure AI funds that automatically learn and improve from experience rather than being explicitly programmed. Once an AI develops a mind of its own, even its creators won’t understand why it makes the decisions it makes.”

  • Julie 35 – 25 – 36

    Everyone will help and pitch in Chief You can count on me !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    #MeToo.
    I could up the troll comments, get some participation boiling.

    #CaptainsAway

  • https://evilspeculator.com Sir Mole III

    Oh damn – you have no idea how much I miss Yosemite. It’s one of my most favorite places in the world.

    However I think Slovenia is in close competition – it’s South of where I grew up as a kid. Everyone knows Lake Bled but there’s another one I’m going to visit this time which is 30 minutes away and looks absolutely mind boggingly beautiful – Lake Bohinj:

    https://www.vandraj.si/wp-content/uploads/2017/08/bohinj_ThinkstockPhotos-472792542.jpg

  • https://evilspeculator.com Sir Mole III

    A little but that’s not unusual during a hard rip. I would NOT step in front of this one unless you see a very clear divergence – meaning it actually drops to the mark and perhaps pops below.

  • ridingwaves

    I’d be looking at tickets right now….I’m back in CR for some pura vida in a month or 2…the only way to beat stress outside of balanced lifestyle is nature…with no phones…well, some jerky helps…

  • https://evilspeculator.com Sir Mole III

    Oh no – I already booked – leaving on Friday.

  • BobbyLow

    That could explain it GG. Thanks.

  • https://evilspeculator.com Sir Mole III

    I think it’s illegal here in Europe. Is it like taking pot? I’m not really into mind altering drugs.

  • zzezzezz

    LOL. Was just about to post the same. I haven’t set a stop yet. Thinking about where…

  • https://evilspeculator.com Sir Mole III

    Guys – don’t get into campaigns before defining your risk. I mean HOW the heck do you assess your position sizing???? Your stop is exactly 1% of your assets away – OR LESS.

  • zzezzezz

    We should probably take this discussion to another forum…. πŸ™‚

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    not a problem. It’s something I had to notice, in surviving the options trade in 2009. {shudder} I hope you can roll it into a trading rule or two.

  • ridingwaves

    BARRON’S The Dow Gains 325 Points Because Trump Offered Hope on Trade

    https://www.youtube.com/watch?v=9K30e9O3Nng

  • zzezzezz

    Yes sir… Working on my rules… This is how I get myself into trouble…

  • https://evilspeculator.com Sir Mole III

    You are a prime candidate for my system trading seminar which I’m in the process of completing. Until then I caution you against taking on too much risk.

  • Julie 35 – 25 – 36

    ZZ SPX now overbought 60 and 10 min charts .. Possible pullback at upper cloud boundary and 50% retracement Shown 10 min chart JULIE https://uploads.disquscdn.com/images/84d246e74f9b43bcadb255a6b418a4b6930f6458899cc6da63dc88ad1313e72b.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    yeah yeah, the sky is blue, grass is green. The media makes up stories to fit the day.
    https://s.hswstatic.com/gif/stinky-cheese-1.jpg

  • https://evilspeculator.com Sir Mole III

    LOL – no worries – I’m not into illegal drugs, so no need to discuss it anywhere else. I don’t even drink more than 1 glass of wine or beer. I’m a cheap date!!

  • zzezzezz

    Nice! Can I get a preview? I’ll gladly volunteer as a test subject.

  • HD

    Great for stress.

  • ridingwaves

    ID on LABU candle today…nice stops for which either way you go….I’m looking south….tons of resistance overhead now…

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • HD

    What is the goal of making the videos?

  • Sp00nman

    Since everyone is posting channels today: https://uploads.disquscdn.com/images/4345d14d6ebd3cd61d0338dcaaec3419f6dd1f0db0b7d5b0430dc83866731c1d.png

    Sorry to hear Sir Mole on your health. Definitely something we all take for granted when we are healthy.

  • BobbyLow

    Email has been sent.

  • ridingwaves

    funny though, wait until tomorrows….

  • BKXtoZERO

    @HD, You had a post the other day that inspired me to get back to work. About how many points you piled up and saying whatever system you have if it didn’t trigger then your system needs work etc…. I was in VIX paralysis shock and was just sulking. You snapped me back into action. Good hit yesterday. Thanks Amigo! Trade #2 today looking good so far, Thanks.

  • https://evilspeculator.com Sir Mole III

    Hey guys – since we’re chatting about health today. Has anyone here heard of NAD+ and NMN? I have been using it for about a month now and the results are rather encouraging. There’s a lot of good info on https://alivebynature.com/

  • https://evilspeculator.com Sir Mole III

    I hate to disagree but a well designed system doesn’t always trigger. It should only exploit market cycles that benefit it the most. Again something I cover in detail in my system building master class.

  • https://evilspeculator.com Sir Mole III

    Thank you spoonman – it’s mostly self incurred via stress. Irregular heart beat over the past few weeks. My wife was freaking out a little and forced me to book a vacation.

  • BKXtoZERO

    I saw opportunities that I didn’t take with my own lens due to being “stuck”

  • https://evilspeculator.com Sir Mole III

    Thank you.

  • https://evilspeculator.com Sir Mole III

    I’ll post an episode or two once I’m done editing. After I come back.

  • BKXtoZERO

    Like in the movie Patton, I just needed a quick kick in the ass

  • https://evilspeculator.com Sir Mole III

    If you’re not yet long then a VWAP touch – supported by the Zero would be a good opportunity:

    https://uploads.disquscdn.com/images/6e007ae640509bd6e6b8d25186e0744afcc00aea3dfec29063e007eac7f476cb.png

  • https://evilspeculator.com Sir Mole III

    I see… so your rules said yes but you didn’t take the entry?

  • https://evilspeculator.com Sir Mole III

    Report to the lair for a whipping.

  • Mark Shinnick

    Yeah, same basic plan.

  • Julie 35 – 25 – 36

    Chief I too have had an irregular heart beat stress related Exercise and diet helped me along with cooling it at work i.e. letting subordinates (co workers) run with the ball. My co workers more than capable. EZPZ
    JULIE

  • Sp00nman

    Sorry to hear. Stress has been bad for me lately and I have a hard time trying to relax and not worry about things outside of my control at times. A drink of alcohol definitely helps here and there and any activity that is calming like cutting the grass or something else helps me. I’m a worrier, definitely one of my inner biases/traits that’s tough to battle.

  • HD

    It’s 100% legal all over US as it has no drug in it. No THC It’s just an extract from hemp so you don’t get high at all. All
    Organic no pharmaceuticals. Great for inflammation, stress, sleep, injuries.

  • HD

    Good to hear! Stick w it. These opportunities don’t come very often but they do come a few times a year. Imo when it’s moving everything works better.

  • https://evilspeculator.com Sir Mole III

    Actually alcohol is usually the first thing I cut out. It wears on your liver and your immune system. So be careful with that – it’s only a momentary pleasure and the key is in facing whatever affects you straight on. For me a few days off usually do wonders.

  • Mark Shinnick

    The deal on all that is essentially electrolytes…but more in-depth. The matter of permitting all DNA-programmed reactions to take place is simplified by making sure one fully supplements with all founded-necessary bio-available vitamins and minerals.

  • Sp00nman

    I’m not sure about NAD+, but I take a good multivitamin and spirulina. I was recommended NAC by a family member a little while ago and didn’t notice any difference. It’s really hard to tell if supplements have any effect, since being able to measure any actual effect is sometimes impossible.

    I find if I don’t take the supplements I tend to be more lethargic. I gotta wonder if the main “boost” is really just the B vitamins though. I honestly don’t know who to believe regarding supplements.

    What have you noticed different since taking those supplements?

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    +3. you’ve really outdid yourself!

    https://i.imgflip.com/t4wa0.jpg

  • HD

    Is it for your nads?

  • Sp00nman

    Gotcha. Ya I don’t drink much, one maybe two drinks in a day a few times a week. No more than that or it makes me groggy.

  • https://evilspeculator.com Sir Mole III

    It seems you and I are linked – LOL – how are your teeth? My dentist made me two beautiful zirconia crowns which look like the real thing.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    “Eat your dam veggies”.

  • BKXtoZERO

    Yes… I was too busy whining and feeling sorry for myself after being in perfect position.

  • https://evilspeculator.com Sir Mole III

    A LOT more energy. Better workouts. Also sleep better unless I’m too stressed. It’s supposed to slow down the aging process over the long term. Just try it for one month and you’ll see. BTW unless you’re over 45 it’s probably not going to do much for you.

  • https://evilspeculator.com Sir Mole III

    Did you cry a little? πŸ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    you know, if that last gap can be filled.
    a large overnight gap (up) would not be fantasy.

    https://uploads.disquscdn.com/images/ca922e0985bf351b941fb609e9578b2c5b5b27b99953e848ad57823eac8d2b50.png
    edit: forget the gap fill idea, just run up to the lower trendline, and jump.
    dumb algos.

  • BobbyLow

    Good point. There was a time in my life when I thought booze was my best friend. Little did I know how much of an enemy it was. After being a functioning alcoholic for a large part of my life, I’ve been sober for 32 Years and my life has been immeasurably better without alcohol.

  • ridingwaves

    I will look into this….

  • Mark Shinnick

    Yeah, its really fascinating subject when one realizes plants only need a few minerals to grow and reproduce. We are then left eating nutrient-deficient food so programmed reactions that would otherwise happen, cannot happen.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    It’s in Spinach, just eat your spinach pop-eye.
    NDA+ link
    https://www.fda.gov/media/113016/download

  • BobbyLow

    OK. Don’t want to be a cheerleader but one more decent run soon would be nice. πŸ™‚

  • BKXtoZERO

    almost…. it was close.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I just envisioned you in a cheerleader skirt and hairy legs.
    eye bleach, STAT!

  • BobbyLow

    LOL

  • Dyellowflash

    Oh gosh, my last comment about getting out of my 2849 shorts with a measly 7 pts profit bcos I dont like what i am seeing at the Zero. Maybe the last hr of the session is a better time to short got eaten up by the system? I am not on the short side now.

  • Mark Shinnick
  • Darkthirty

    Been dry for about that long too. Can’t say I’ve ever been sober. Between bar time, hospital time,and jail time, I made a hell of an investment in drinking……

  • Dyellowflash

    The 1m zero totally didnt cross the other side. This is not well for shorting.

  • https://evilspeculator.com Sir Mole III

    So I just set up BobbyLow with an Evil Speculator author account. You guys can look forward to his post during my absence. Heck, I’m excited he finally offered to post! πŸ˜‰

  • zzezzezz

    stopped out at 2851
    -2 handle loss

  • https://evilspeculator.com Sir Mole III

    Price has not even touched VWAP – this is a face ripping rally you don’t want to short. If you missed the entry – like me as I was out this afternoon – then you are relegated to watching with tears in your eyes.

  • Mark Shinnick

    One tool is to step back for a little perspective of the ebb-and-flow of things; that one direction in a number of intraday time frames never lasts for very long.

  • https://evilspeculator.com Sir Mole III

    On days like today you really need to just hold it into the close. See my comment below regarding VWAP.

  • https://evilspeculator.com Sir Mole III

    Exactly – one can always find excuses as to why to exit. Best not to touch it during a trend day.

  • Dyellowflash

    I am cool, bagged over 200 dow points on yesterday’s long. Make no losses on today’s shorts. Dont worry, I can handle my arse.

  • https://evilspeculator.com Sir Mole III

    I STRONGLY recommend it. Buy the sublinguals only as it is a lot more efficient. If you try it then please let me know how you are feeling after a few weeks.

  • https://evilspeculator.com Sir Mole III

    Loving your plants really makes a difference as well. I have a Christmas cactus that I love to death – I even clean its leafs every other week or so. Anyway, it just bloomed again – in May – which is unusual.

    Pro tip – add a bit of shungite powder or a piece of shungite. Plants really thrive with it.

  • https://evilspeculator.com Sir Mole III

    Yes NAC is related to NAD+. But it’s not exactly the same. Study the site and you’ll understand.

  • https://evilspeculator.com Sir Mole III

    NICE!!

  • ridingwaves

    will do, been doing acupuncture, massage and aspirin on shoulder muscle wasting or degenerating arthritis per doc….maybe this will help….

    though stealing a sailboat and going out like a pirate in the south pacific is still option….

  • Darkthirty

    How many gaps above, and what is the top fill number?

  • Mark Shinnick

    Wow…I wonder if fullerines help to transport minerialzation.

  • ridingwaves

    ok buying TVIX rather large here..26….my charts are still bearish momo wise even with ramp…
    day trade..

  • Mark Shinnick

    That fucker can fall off a cliff so hard anytime now.

  • Dyellowflash

    I still think that the the hrly zero is bearish. Just got to wait for 5m and 1m to agree.

  • https://evilspeculator.com Sir Mole III

    Reg. aspirin – this is the brand I am taking:

    https://www.amazon.com/ANIPRIN-EQ-ASPIRIN-16-OUNCES/dp/B004QH96NK

    It’s actually used for horses so you only need a TINY amount, meaning 1/4 of the tiny spoon that comes with it. It has NO additional fillers like the crap they sell you over the counter.

  • https://evilspeculator.com Sir Mole III
  • Jason13

    Divergence still forming but follow through would be if zero breaks below the 0 line.

  • ridingwaves

    dangerous week for tweeting….and Jim Cramer just dared the donald…

  • https://evilspeculator.com Sir Mole III

    When the boss tells you to stay away from short positions right now you listen! πŸ˜‰

  • HD

    I zoomed out. 2800 is a huge level. That much supply almost always holds first hit. Classic Turn around Tuesday. The volatility is coming w whipsaw Wednesday on deck.

    https://uploads.disquscdn.com/images/5ab0cdc0ecc9485228deb0e657764301ae02a52518d1d503eff22325367364c5.png

  • https://evilspeculator.com Sir Mole III
  • https://evilspeculator.com Sir Mole III

    I certainly hope we get another leg lower. Preferably before Friday when I leave.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I concur. all the price rising is IMHO, bears losing their stops.

  • Jason13

    Yeah, zero has to go below 0.

  • Sp00nman

    delete

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    High Yield, what a ‘cad’.
    going back for that last juicy kiss goodbye. I see you HY. ‘sly fox’

    https://stockcharts.com/h-sc/ui?s=HYG&p=D&yr=1&mn=0&dy=0&id=p26165655637

  • Sp00nman

    I wish you posted this earlier before I exited, darn.. :p

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    you looked left. he he.

  • BKXtoZERO

    Not overnight

  • HD

    Those are some perky twin peaks. Measures 600 points, 1750 SPX

  • BKXtoZERO

    You held overnight too right? This is position #2?

  • ridingwaves

    held half, now re-added 1R
    quick idea, don’t know if you play AH though, lately on big 400 + pt down moves, the 2x & 3x longs run past 1PM…all the hype and end of the world makes folks buy these vix instruments in volume after hours…higher than they should…I caught a couple extra benji’s on it last night…but because of this ramp,I’m a bit down 1/2 held….small scrape…when I grow fur and join bears, it’s pretty thick

  • BKXtoZERO

    My system only allows holds under 2 conditions. 1 if you catch an obvious reversal candle and you are up. 2 when vix is super low 10 to 12 I accumulate.

  • BobbyLow

    That’s good to know DT.

    It was a hell of an experience in more ways than one. πŸ™‚

  • Dyellowflash

    I am in. This is the hour of reckoning for shorts. 1000x grateful to mole’s advice, but a trader cannot compromise his own trading system. Win or Lose, this is my cal to short. This hr has to be a good Red candle followed by a possible scary full retrace. I will be wrong and I will know that I am wrong if this hr is a good Green Candle. 7 contracts, I am 70% short, filled. https://uploads.disquscdn.com/images/0d409d6af6dd0d0141196b77e75f448970dd6c7b889dfda950374f799113ab8b.jpg

  • Darkthirty

    Used to do that to me if I drank too slow. 2 swallows to a 12oz !

  • ridingwaves

    hmmm, I think you missed point above..
    earnings season is over on Thursday, CSCO tomorrow and WM thursday…, evil bears have an opening, slowly closing but where art thou….

    todays ramp and camp feels much like rescue mission…..and I’m a bull…

  • BKXtoZERO

    Ready to pull the plug on tvix from 26. I expect 22 is likely with a better rebound on ES. Stop is tight today. Play or pay soon.

  • BKXtoZERO

    Ooooot flat

  • Darkthirty

    Is the signal real this time? or will the bots eat it?

  • Dyellowflash

    bots?

  • BKXtoZERO
  • Julie 35 – 25 – 36

    D30 SPX is there i.e. confluence of declining 5 and 55 ema’s ; resistance level and 38.2% retracement with 60 min chart overbought Refer to comment and chart posted below
    JULIE

  • Darkthirty

    got a few sell signals today, they get negated after confirming….the system isn’t organic today………

  • BobbyLow

    Just got stopped out on /MES so I’ll be satisfied with a total of +18 Points for the day. Overall a decent day after also booking the remaining +.6R of Short BIo and my Long Oil OILU waking up to being back positive.

    Over the past few days, I’ve spent quite a bit of time working on a day trading system for /MES and it seems to have really paid off so far. However, watching the price action with a new system with more intensity than usual has got my eyes buggy and I’m mentally tired. I’m actually glad that I got stopped out and can call it a day. There was some conversation about stressors and I have about an acre of grass to cut and that’s what I’m going to do to unwind. πŸ™‚

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I really should get in on this indian buffett action.
    LOL. (medians still work)

    https://uploads.disquscdn.com/images/b579df9c313e8a73237acc2632a61cf6857cc0809d9bf0ce86e69d904d9e8f2f.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Outsource it, get some goats.
    πŸ˜‰

  • Dyellowflash

    I can only speak for myself. If my system confirms then got negated, it usually means I might be wrong for the first time and if it happens for the second time, I am most probably wrong about the direction. For example, based on my technique, the last hr should be a good red candle. This requirement is vague bcos apparently, the last hour created a red candle bigger than the previous hr’s green candle, but it is “not good enough” because it is not significantly or definitively stronger or whelming the previous hr’s green candle. Hence I clear off 1/2 of my shorts for 50+ Dow points (1.9R). Zero 5m and zero 1m both dont support that down move.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Darkthirty

    Pretty sure you get welfare for meadow maggots

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Darkthirty

    Whatever works for YOU is the name of the game. I have signals to get in and out, if they are jerking around, I don’t / won’t engage

  • Julie 35 – 25 – 36

    SPV volume very weak and non confirming on today’s bounce. Now pulling back at resistance levels 40 min left JULIE https://uploads.disquscdn.com/images/116d33c91892adff83297f006759347b7fefb02e970da74a4c91867dcb3694fc.png

  • BKXtoZERO

    No one looking at GOLD here? Possible break oot and no one talking gold here?
    https://uploads.disquscdn.com/images/a34580b0e605e4bdf0ad44c97569cacdf23104ef3805cc7098d174dfad831cc7.jpg

  • Darkthirty

    Astro turf!

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Mark Shinnick

    Sure, we are on the same page. I’m re-buying lottos sold this morning.

  • ridingwaves
  • Julie 35 – 25 – 36

    Yes BK PM’s … SLV too higher highs and higher lows since filling the gap and holding 13.84 with increasing volume Go PM’s JULIE

  • Darkthirty

    ion
    Sheep Meat Subsidies
    1995-2017
    1
    Harper Livestock Co *
    Eaton, CO 80615
    $1,891,540
    2
    Western Lamb Buying Corp *
    Brighton, CO 80603
    $795,360
    3
    Mike Harper Livestock *
    Eaton, CO 80615
    $574,348
    4
    Godby Sheep Co *
    Eaton, CO 80615
    $504,624
    5
    Triple S Lamb Feeding LLC *
    Visalia, CA 93279
    $470,476
    6
    Frank Shirts Jr
    Wilder, ID 83676
    $427,429
    7
    Nottingham Land & Livestock Lllp *
    Craig, CO 81626
    $397,750
    8
    Superior Farms Inc *
    Hermiston, OR 97838
    $387,357
    9
    Siddoway Sheep Co Inc *
    Terreton, ID 83450
    $381,803
    10
    Etcheverry Sheep Co *
    Lava Hot Springs, ID 83246
    $352,166
    11
    Leland R Smith II
    Craig, CO 81626
    $326,692
    12
    Raftopoulos Brothers Enterprises *
    Craig, CO 81625
    $312,051
    13
    Joe Auza Sheep Co *
    Casa Grande, AZ 85130
    $305,226
    14
    Martin R Auza
    Brawley, CA 92227
    $265,926
    15
    Joe Mattos
    Visalia, CA 93292
    $257,893
    16
    Julian Land & Livestock *
    Kemmerer, WY 83101
    $255,775
    17
    Denis Ranch *
    Vancourt, TX 76955
    $243,151
    18
    El Tejon Sheep Co Inc *
    Bakersfield, CA 93380
    $240,740
    19
    Dick G Compton
    San Angelo, TX 76903
    $228,669
    20
    Midland Livestock Company *
    Rock Springs, WY 82902
    $224,238
    * USDA data are not “transparent” for many payments made to recipients through most cooperatives. Recipients of payments made through most cooperatives, and the amounts, have not been made public. To see ownership information, click on the name, then click on the link that is titled Ownership Information.

  • HD

    any body do the study on rallies this month? Time

  • Julie 35 – 25 – 36

    GG You are not cooperating .. Get with the program NOW ! LOL!
    JULIE

  • BKXtoZERO

    Copper is industrial and trade linked. Gold is money and we are heading for a money problem with bonds….corporate and gov

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I’m stating the facts Coug. Copper is 9 weeks ahead of gold.
    If these dancing partners had a fight, they ain’t talking to each other right now!

    https://uploads.disquscdn.com/images/a7ebb6a448be0534aead72f873a997a77c9d26480ee49b4812d2ee5fa0ad67bc.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    you are sounding just like Scott.
    (that’s a compliment!)

  • HD

    check out how consistent time is this month.

  • zzezzezz

    Planning on going long /ES if we drop QUICKLY to VWAP…

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Additionally, BPGDM is raining on your gangplank parade.
    https://stockcharts.com/h-sc/ui?s=$BPGDM&p=D&yr=2&mn=0&dy=0&id=p99193909996
    -GG

  • Darkthirty

    Caught a nice one!

  • BKXtoZERO

    Listening to too much Jim Willie

  • Julie 35 – 25 – 36
  • Darkthirty

    Sure is! You trading it ?

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ie: look at June 2018. copper spiked, to it’s demise. gold was the smart puppy. so it’s always a crap shoot. (I prefer them dancing together)

  • HD

    Tomorrow we get to find out if this is the same wave or a new wave off the low. The fractals have been very consistent IMO. Gap=same wave https://uploads.disquscdn.com/images/43ca865d82677041810bd2ee7da074efeec443387834e3884b5ac47969dafd56.png

  • Julie 35 – 25 – 36

    GG You had better keep an eye on GOLD COT commercial net short position SLV Yeah and looking great !
    JULIE

  • HD

    yes

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    don’t get your fur up, I have an indicator that over rides all feelings. I will execute if/when it’s time.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    again with the large font? Is god telling us something?

  • Julie 35 – 25 – 36

    HD Checkout the daily chart SPX The daily 5 ema has held all advances since the correction began
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    more gaps than a leon sphinx family reunion.

  • BKXtoZERO

    Ya….I am on the look out for a break in the routine.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • HD
  • ridingwaves

    selling right now is being tempered by SPY-APPL bot buying 5.10c higher than bid with block…

  • HD

    good eyes Julie

  • Mark Shinnick

    I shifted back into the pm lotto and some drip.but no equities reshorts

  • Julie 35 – 25 – 36

    Chief No stress and relax BL going to be at the helm and in great hands ! Have A Great Vacation . No phone calls – No computers Just enjoyment !
    JULIE

  • Darkthirty

    Looks like a leading diagonal down…..or a bull flag

  • https://evilspeculator.com Sir Mole III

    Okay guys let’s make it 500!!

  • Mark Shinnick

    Take survey on nutrition Mole. These days one must supplement with full-spectrum bio-available vits/mins to assure DNA instructions get executed. Otherwise they don’t and that’s exactly the basis for hundreds of diseases.

  • BKXtoZERO

    Mole, I would be glad to author a post for you about buying TVIX.
    Wake up 2-3 hours in…. Let em do what they do and then buy TVIX.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Four hundred and ninety nine……

  • BobbyLow

    Yep. “Life is like a box of chocolates. You never know what you’re gonna get.” πŸ™‚

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    “Gold bumps it’s head, follow-thru has been deemed illegal.
    Gerb Assange refuses to reveal SMA.
    News at 10:00”

    https://uploads.disquscdn.com/images/ab778ec26c304e5973ec95c7c269cf71ad01ca4c63bd474c9120aac3dd521491.png
    {grin}

  • BKXtoZERO

    Much like Alcatraz… We break out at midnight. I will just have to be rich (and good looking) without you!

  • Julie 35 – 25 – 36

    Two major distribution days within five days means most likely a short term rebound but after the rebound more selling A major distribution day consists of 9 to 1 down volume / up volume.This did occur However need a 9 to 1 up volume day within five days which has not occurred yet Also Equity put to call ratio 5 ema relative to 60 ema is at a level where a bounce can occur IMO today’s bounce is leading to a dead catter JULIE https://uploads.disquscdn.com/images/fe4389d195b508b44571549fcb190f1b5d9ca23d36514fa0b4a336aa7b82140b.png

  • Julie 35 – 25 – 36

    $NYMOT @ – 200 a short term bottom JULIE

  • Julie 35 – 25 – 36
  • Julie 35 – 25 – 36

    SPY 60 min chart showing volume today . Selling and buying volume approx equal BUT buying volume decreasing and selling volume increasing. Buying volume must be greater and increasing Julie say “Bull Poop” https://uploads.disquscdn.com/images/61eb77f935fbed769fecb54e111e9084c21da8282dfd0fc89e63b865bccae82f.png JULIE

  • BKXtoZERO

    Dr Copper will need malpractice insurance.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    somehow I’ll manage.
    =P

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I’m off to a concert tonight.
    perhaps the Market will keep rockin.

    https://www.youtube.com/watch?v=uT3SBzmDxGk

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    no worries, he bought Silver.
    πŸ˜‰

  • Julie 35 – 25 – 36

    The latest SILVER COT commercial net short positions The smallest since November 2018 JULIE https://uploads.disquscdn.com/images/01f2a7832a3aeb8a0a6c4632cc2008de156631db94ebf663f8633bbb66a3ef82.png

  • Julie 35 – 25 – 36

    I may take a longer term trade COTTON two charts COTTON Weekly and COT report JULIE

  • Julie 35 – 25 – 36
  • Julie 35 – 25 – 36
  • BKXtoZERO

    aaaahhh

  • Sp00nman

    You mentioned NMN and NAD+, could it be related at all? The first review of this product review on amazon mentioned irregular heartbeat..? https://www.amazon.com/TRU-NIAGEN-Advanced-Nicotinamide-Increases/dp/B01IMF8D2Q/

  • Sp00nman

    I’m just under 40, so I will definitely check this out. Just watched this video: https://www.youtube.com/watch?v=HOTS0HS7aq4 He personally takes NMN, reserveratrol, and one prescription medication.

  • http://iberianviews.blogspot.com/ catracho

    rallies seem to go further than anyone expects – crazy market – running on “tweet” power ! One day it won’t affect

  • https://evilspeculator.com Sir Mole III

    Okay email me at admin@ and we chat about it.

  • http://iberianviews.blogspot.com/ catracho
  • https://evilspeculator.com Sir Mole III

    Nice inflection point.

  • Darkthirty

    Been watching copper tank. Did a salvage job and I’m sitting on mass quantities. Considering setting up a furnace and pouring ingot….

  • BKXtoZERO

    I was kidding Sir! I had 3 positive years but this year only managed to get back to flat