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Super Mario E-Mini Edition
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Super Mario E-Mini Edition

by The MoleJune 6, 2018

Overnight gapping action on the E-Mini has shifted from being the exception to being the norm. And not just that, what’s even more interesting is that opening gaps in the majority of the cases preceded the direction of the ensuing trading session. In other words, a gap higher at the opening bell has a high probability of not being closed but followed up in the following hours and the same applies to an opening gap lower.

Now correlate that with the fact that all directional changes in the recent whipsaw emerged during a relative low in realized volatility (RV). I’m using my own home-brew indicator here but you can just use an ATR and slap a BB(14) on top of it to see something similar.

Which leads me to consider a possibly juicy intra-day trading system on the spoos: enter after the first 30 minute of the session in the direction of a preceding gap unless RV has descended < the lower 2nd standard deviation. If RV is rising then even better. Take profits once RV reaches its upper 2nd standard deviation.

Now on the daily panel the E-Mini has now reached the end of its June contract and is about to roll into September, the actual ‘spoos’. It’s become a little tradition here at Evil Speculator to use this occasion to pass on a bit of market history to some of you aspiring youngsters amongst my readers. And who am I to break with tradition?

What’s A ‘Spoo’ And Where Can I Buy One?

You often see me use the term ‘spoos’ here and some of you may wonder where it comes from. Well, look no further than the September contract the E-Mini is about to roll into. The word originated in the XMI pit on the America Stock Exchange (AMEX) in New York and refers to the symbol for the September contract: “SPU”.

Even though the name is based on the September contract symbol, the term is used to describe contracts of all expiries. When somebody speaks of the spoo, they are referring to the current, most active month trading. Yes, it’s silly to have a nickname for a contract but there are traditions inherent in all aspects of life – so deal with it!

What’s With The Boxes?

Okay with that out of the way let’s talk about the boxes I drew on the daily panel. About two weeks ago when we were barely scraping the 100-day SMA I made a point that the bullish battle zone above was quite a bit more shallow than the one below, thus giving the bulls a bit more of an advantage.

Now price has now advanced halfway through that range and if it manage to overcome ES 2800 then escape velocity will have been reached. The best we can hope for at this point is one last reversal lower toward the 100-day SMA, which would be a great entry opportunity. But as I said yesterday, that’s probably why it won’t happen.

Campaign Updates

Let’s start with the losers or at least the laggards today: Gold apparently isn’t going anywhere as it remains trapped in a sideways range after its roll-over. I’m going to stick with the rules with this one as surprises can and will happen – that said it’s looking like a stop out there.

Bonds – took this one on yesterday and it’s already heading toward its ISL. Looks like I pulled the trigger a wee bit too early here.

USD/CAD also not playing by the script and just stopped out at ISL.

The EUR/USD however has punched higher and although I have mixed feelings about that I’m happy to move my stop to break/even so quickly.

Curiously the USD/JPY is also heading into 1R in profits and as I already advanced my trail to break/even there’s nothing to be done.

And finally the GBP/USD is at 0.5R and given the current formation I decided to grant myself a premature advance of my stop to -0.5R.

 


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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  • ridingwaves

    Was never a super mario guy, loved me some Centipede and Galaga back in the day…That dates me right there…..

    messed up on a bio play though nearly had a outright double, sold out of MEIP yesterday after nice run from 2.30, if I let it play the double would have happened….damn Jim, where are the dilithium crystals…

  • https://evilspeculator.com Sir Mole III

    It’s raining again over here. Is anyone living in Arizona interested in adopting a well kept middle aged market analyst?

  • https://evilspeculator.com Sir Mole III

    You guys and your pharma stocks. Almost as bad as gold miners! 😉

  • ridingwaves

    I think it’s singular, no one plays in that arena here except little ole me….its been fun lately, IBB and XBI are looking to make all time highs in next 30-60 days

  • ridingwaves
  • BobbyLow

    Hey RW, I got back on the same side with you on Wheat and Flipped to Long this morning via /XW and WEAT.

  • https://evilspeculator.com Sir Mole III

    That looks really nice 🙂

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

    20F or 12C lows during the winter, that’s not bad at all!!

  • https://evilspeculator.com Sir Mole III
  • randomuser6789

    20F is -7C

  • https://evilspeculator.com Sir Mole III

    Fuck….

  • ridingwaves

    its in the banana belt, vineyards and great wine north in Walla Walla….

    with a fire and a warm house, winter is just outside…I hiked thru the Alps in pictures below….almost bought in this valley in 2012, shoulda coulda didn’t

    http://www.oregonlive.com/travel/index.ssf/2017/08/20_reasons_to_love_joseph_high.html

  • ridingwaves

    definitely quiet and beautiful setting, a place even Thoreau might have taken up….I like some of the smaller towns in Wallowa valley a bit north…but you need good bandwidth….

  • HD

    GM $SPX small hit yesterday from symmetry, larger symmetry traded at the open. Larger hit? There are some bullish wave options should this level clear. https://uploads.disquscdn.com/images/179e2c93032f72101fab570e93cfbf3dbf07d7479416bfdb24747962ff5863d1.png

  • ridingwaves

    it gets 20F in California during winter…

  • Mark Shinnick

    Generally here looking at the dailys, HG is nearing breakdown and short RE setting up for low risk buy. In other words, with 36 year trendlines now all broken, fate is being tempted all out in the open and in slo motion. Does anyone have other ideas for ridding a shtf scenario as the above suggest?

  • Tomcat

    When you say HG, are you referring to Copper? If yes, where do you see its nearing breakdown?

  • Mark Shinnick

    That context is rates.

  • ridingwaves

    I’m going to re-think my bid levels as I keep missing bottoms by a whisker….and never get filled…the chart is just coiling beautifully for WEAT…in a year it could be double or more if things play out right

  • ridingwaves

    start scaling into KTOV, they just got FDA approval, did a capital raise at 2.50 after approval and now are looking for partner. Only hiccup is Isreal based pharma company…

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

    Defender,
    if you were in an 80’s arcade, you *will* remember these sound effects.

    https://www.youtube.com/watch?v=jcQ4l_KeO0s

  • https://evilspeculator.com Sir Mole III

    Gaming was awesome back then. I love today’s more polished hyper realistic stuff but this really brings me back. I don’t know how many hours I wasted in the Westwood arcade. Does that one still exist?

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

    SLV,
    a nice little surprise to the upside. but, it’s so finicky I put a 0.66 envelope around it.
    down trend still intact.

    http://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=1&mn=1&dy=0&id=p89343890675

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

    Tempest was my all time favorite. Think I got up to like Level 36, which was a bitch!
    https://en.wikipedia.org/wiki/Tempest_(video_game)

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

    Still have one about 20 min from my house. Play all day for $7.00. Great place to take the kids and grandkids.

    http://www.klassicarcade.com

  • https://evilspeculator.com Sir Mole III

    How awesome 🙂

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

    Yes it is. Got to play Joust the last time I was there.

  • ridingwaves

    I forgot about that one, that was an awesome game….

  • https://evilspeculator.com Sir Mole III

    Yeah actually saw that earlier. Bummer it was so much fun. I used to go there before catching a movie in one of the many movie theaters down the street.

  • https://evilspeculator.com Sir Mole III

    LMAO!!!

  • ridingwaves

    another bid just too low…..damn…

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

    good times, I would get my money’s worth on that one.

    https://images-na.ssl-images-amazon.com/images/I/41Zice1cD6L._AC_SX215_.jpg

  • Jay Thomas

    Come to Seattle. You can do drugs and live homeless for free. The government won’t harass you at all. You can harass anyone you want, and if you get a little annoyed, you can always stab somebody to death. It’s utopia!

  • ridingwaves

    sounds like San Francisco….with Gavin Newsome the new governor I’m getting the hell out of here….heck, he porked his best friends and managers wife on the side…..but he apologized…..

  • CandleStickEmUpper

    Back then. you actually had to use your imagination from the 8 bit graphics that were presented to you. Nowadays, nothing is left to be imagined, its all spoon fed to the player HD 1080p detail.

  • https://evilspeculator.com Sir Mole III

    I just came across this soundtrack by accident. It’s a few years old but absolutely RAD:

    https://www.youtube.com/watch?v=vmn_74HxYrU

  • https://evilspeculator.com Sir Mole III

    I don’t think that’s really the problem. But there is a thing to be said about simplicity. And it was amazing what game producers were able to squeeze out of those old Intel 8080 chips.

  • https://evilspeculator.com Sir Mole III

    Sounds like HELL! You live there?

  • https://evilspeculator.com Sir Mole III

    Used to live in Silicon Valley until 2000 – fucking hated the entire BA. No women and everything was overpriced. Apparently not much has changed.

  • ridingwaves

    the women are all in the city, I have lived in many places and this is a single guys dream if you were making coin….though I have seen a plethora of women in SV lately….the 18 year chart of women in SV has definitely broken out

  • Mark Shinnick

    Began equity shorting. Pretty tight stops.

  • BobbyLow

    Wheat has been screwing around today and if prices continue to say they were only fooling this morning, I’ll be out of my long and back into a short before the 2:20 PM Close.

  • https://evilspeculator.com Sir Mole III

    Nah – I lived in Knob Hill for two months. It was a little better but not by much. At least not by the L.A. standards I had been accustomed to before I moved there.

  • HD

    530, looking left. 50% fibs there too.

    It moves, that’s the important thing.

  • Julie 35 – 25 – 36

    INTC Short yes watching at 56.07 BYD short covered this a.m. at the 21 ema GLD long still 1/2 position long SPX posted Monday target 2768
    JULIE

  • Julie 35 – 25 – 36

    TYPO 1/3 long GLD not 1/2
    JULIE

  • Julie 35 – 25 – 36

    GG CSCO 44.44 still out target to short the lower bounce Right on schedule
    JULIE

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

    I wash my hands of it, after it went rogue.

    http://stockcharts.com/h-sc/ui?s=CSCO&p=D&yr=0&mn=3&dy=0&id=p27251977473

    EDIT: it *is* one helluva a PnF chart.

  • Julie 35 – 25 – 36

    GG What do you have for SEDG ? My targets for a bounce are 56.35 and 58.28
    JULIE

  • ridingwaves

    18 years has been a long time…..I grew up in LA….there is just more of them because there are 10 million more people…..the quality is even…but the women are a bit more classy per se….

  • Julie 35 – 25 – 36

    GLD needs a bullish close above 123.03.
    JULIE

  • Julie 35 – 25 – 36
  • randomuser6789

    We have some short squeeze action going on at TSLA. Up 7% today.

  • BobbyLow

    Yep it’s hanging in there. I don’t like the size of the retracement today but it looks like my long will stay in place for now.

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

    it’s “scaring the children right now”.

    http://stockcharts.com/h-sc/ui?s=SEDG&p=D&yr=0&mn=6&dy=0&id=p02291467418

    if it bounces, the RSI 50 is going to put up a fight IMHO.

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

    This is Sparta!!
    avoid shorting the ahem, strong..

    http://stockcharts.com/h-sc/ui?s=TSLA&p=D&yr=1&mn=0&dy=0&id=p72357379891

  • Julie 35 – 25 – 36

    One of the best shorts there is to short after a short squeeze
    JULIE

  • Julie 35 – 25 – 36

    SEDG May take a small long EOD two bottoming tails on candles at the 89 ema and lower cloud boundary. near a major support. Selling volume looks like a shakeout of the weak hands JULIE https://uploads.disquscdn.com/images/458570fa2fe6c8a3fe99bc71e848ce61ced798f9cc8909a3c9814713d5c15936.png

  • Julie 35 – 25 – 36

    SEDG Also a bullish falling wedge pattern
    JULIE

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

    if you want some action, checkout Macy’s (M)

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

    or AMD.
    😉

  • Julie 35 – 25 – 36

    GG I posted earlier INTC watching 56.07 sure enough the minor bounce today 56.08 one penny off
    JULIE

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

    Penny’s are entertaining, but I gave that up several years ago.
    something within a nickel? HIT THE BID!

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

    Were you out back digging in your yard for platinum yesterday? We were wondering where you were….

  • Julie 35 – 25 – 36

    Out of remaining 1/3 long GLD for break even on the 1/3 Better fish to fry IMO presently GDX consolidating with an exp moving average conversion i.e. 5 ; 21 and 55 ema’s GDX bullish with a breakout above 22.75 bearish with a break down below 22 JULIE https://uploads.disquscdn.com/images/d20636227d78d501b37f1b10df8b5639f70c6c70565c1f5fed77e0dda788d375.png

  • Julie 35 – 25 – 36

    Yaeh GG Where is Yoda ? ? ?
    JULIE

  • Yoda

    I’ve been busy with work … and annoyed by the gold trade

  • HD

    June already gained +60 points on SPX. My bearish dreams toast. VIX 11. Summer Doldrums en route.

  • Julie 35 – 25 – 36

    SPX 2768 target reached ….. ! Now what … LOL !
    JULIE

  • ridingwaves
  • Julie 35 – 25 – 36

    HD SPY volume non confirmation I still have D leg of triangle en route
    JULIE

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

    (GG bangs the table, 2780)

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

    GG 2768.46 could be the high ….. ! ! Yeah ! LOL !
    JULIE

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

    In Soviet Russia, sometimes the bear gets U.

    https://www.youtube.com/watch?v=dUolKMF0wx4

  • Julie 35 – 25 – 36

    Glad you are OK Yoda
    JULIE

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

    let’s look for the typical (suck in the late bulls) indicators.
    Massive volume, news that’s cherry pie, etc.
    Extreme greed indicator, etc.

  • ridingwaves

    XLF could make a run and that could keep indexes relative. that spinning top setup was interesting…plenty of volume at this price…

    ridingwaves Gold_Gerb a day ago
    xlf is wedged with bullish pps volume not too far above, big key for bullish break out to continue… https://uploads.disquscdn.com/images/0f8494c24e1242e637d17b5bdd694a6d50e619c39a36b5717ff49a079764a200.png

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

    that 100MA, worth watching..

    I said weeks ago, averages roll over, and become ceilings.

  • ridingwaves

    going by history, definitely, almost a place to sell half or tighten trailing stop..

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

    GG Checkout the “hedgies” GVIP A bearish close below the daily 5 ema confirmed by the MACD 3,9,16 going below it’s signal line and Julie will surely be short. GVIP is great to follow. Nailed every turn with a reversal candle above and below it’s 5 ema but one (recent) JULIE

  • HD

    I dumped that pattern 30+ points ago. I was really wanting it to play out but as I stated back in March I have never seen a triangle that large ever on any chart. That stat still holds for me now.

  • HD

    BTFD

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

    that means you are due for a miss!

    that range trade is about to trend/break-out

    http://stockcharts.com/h-sc/ui?s=GVIP&p=D&yr=0&mn=6&dy=0&id=p70395066997

  • BKXtoZERO

    Not liking it.

  • Mark Shinnick

    This happens at the most important volatility support since February. We have the ringside seat. Local trend suggests continued crush.

  • HD

    I’ve got 2 back to back stops and a red week going. Time for a time out. Hit the whiskey and consult the spirit world. It’s been a while. See what they have to say.

  • Julie 35 – 25 – 36

    HD I am taking the week off work .. A glass of red wine on desk and sipping … Right now crucial … I have been hitting my other trades nicely As posted previous threads no position SPX but getting ready to pull trigger short SPX
    JULIE

  • HD

    Enjoy. Objectively SPX is up nearly 100 w 3 open gaps and zero overlap. We could be in a 3rd.

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

    Next Thousand Trades
    one week could pay for them all, or so I’m told.

  • Julie 35 – 25 – 36

    HD Since the April low a rising wedge with present leg up 0.618 leg 3 up at 2768. We will know shortly
    JULIE

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

    If you’re a rum fan, try this:
    https://www.rumratings.com/brands/341-dos-maderas-px-5×5

    I’m a big fan of mincemeat pie, and the nose reminds me of that.

  • Julie 35 – 25 – 36

    RW brought up a great point below in a post and chart That is we must watch the Banks Now $BKX up into it’s upper cloud and short term overbought. Watch the B https://uploads.disquscdn.com/images/11d7df489017f78ddca7b4c077a92fe2c8b7317f3324373f86452056920d47d0.png anks as RW states JULIE

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

    SPX Equal Weight,
    while I love a good drama blow off, maybe a simple head fake is in store?
    It is a boring June after all.

    https://uploads.disquscdn.com/images/6ba5260cb7597fa91de32c264aaf9a994bcac6c129077b723838433e56e95e8b.png

  • HD

    Thx. I’m a fan of all of it. Will look for that one.

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

    At work today, I received an excellent block-chain presentation. Set aside the crypto. just the chain by itself, is going to change the world. I’ve been through the PC revolution, Internet, Mobile. This is the next one IMHO.

    At least I don’t work for this guy.
    https://www.youtube.com/watch?v=YVHY9nIPo6s

  • ridingwaves

    yep, its like napster on steroids…

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

    GG’s 2800 very possible matching upper channels with a resistance zone JULIE https://uploads.disquscdn.com/images/325ee638021126f0e6c0d7e0cdb39e43664242bae8c2e2dd78244c778ebef1f7.png

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

    BAC Looking to short at confluence of upper down trend line and upper cloud boundary JULIE https://uploads.disquscdn.com/images/aeaf64f090def61c309cbf92a973e2d9f82f7e68a19e8de19cf92c101532d2f2.png

  • Julie 35 – 25 – 36

    EXAS may be set for a pullback Top of Raff regression channel and parallel channel. Also 15% above it’s 21 ema where pullbacks have occurred Overbought Also 10% above has resulted in pullbacks JULIE https://uploads.disquscdn.com/images/6356aa83fed18f1dc1291493932803f1af9569c5beb26eb9ed34403ac5ff58bc.png

  • Julie 35 – 25 – 36

    EXAS There could be a false break out Today’s action a high wave candle indicating a lot of confusion
    JULIE

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

    SIG did well. I spotted unusual activity on the 4th.

    should have known, TIF has been doing well.
    [SIG]
    http://stockcharts.com/h-sc/ui?s=SIG&p=D&yr=1&mn=0&dy=0&id=p86002742565

  • Julie 35 – 25 – 36

    GG TIF is considered a platinum play. 17% of sales are platinum related. I have shares in a penny stock ncp.to
    JULIE

  • daverg

    “Which leads me to consider a possibly juicy intra-day trading system on
    the spoos: enter after the first 30 minute of the session in the
    direction of a preceding gap” since emini’s trade nearly 24/7, with a few stoppages. What gap are you referring too? Thanks ahead of time. Are you looking at the SPY opening at 9 30 am EST compared to prior day’s closing price?

  • daverg

    arch crawford????

  • Julie 35 – 25 – 36

    GERN Looking to buy with a bullish close above resistance and daily 5 ema 4.02 JULIEhttps://uploads.disquscdn.com/images/87bfa5fa152a49d41efd8811be8891a28b258ea89953ff4dbe163ec88c8f6f99.png

  • Julie 35 – 25 – 36
  • ridingwaves

    getting close to my 70, might go even higher….

  • Julie 35 – 25 – 36

    GG MU A possible short to a lower high. A bounce off it’s 21 ema with decreasing volume. Going to watch (1) 60.54 the Ichi Conversion line (8) matching the 50% retracement (2) 61.57 the 61.8% retracement matching the upper Keltner Channel JULIE

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

    MU could engender pin action INTC
    JULIE

  • Julie 35 – 25 – 36

    Hi RW I computed some fib extensions they are 71 — 74 and 80
    JULIE

  • Julie 35 – 25 – 36

    RW You have any info on NKTR ?
    JULIE

  • daverg
  • Julie 35 – 25 – 36

    STX Occasionally I like a Stochastic play when the MACD is above it’s centerline and https://uploads.disquscdn.com/images/8bb26838ce05ee26b4ada914b7da9f187033a1b226a551c988c500bd874483c9.png signal line and moving averages are in a bullish alignment. Looks good above resistances 59.37 and 60.40 JULIE

  • Julie 35 – 25 – 36

    TYPO Moving averages are in a bullish alignment not bearish alignment
    JULIE

  • BKXtoZERO

    I was wondering about your previous version chart, looks better parallel

  • https://evilspeculator.com Sir Mole III

    Next time post the actual chart:

    http://tos.mx/tosmx/item?id=1yciMY&&image

  • https://evilspeculator.com Sir Mole III

    Nah that doesn’t work either. The only service that makes this easy is screencast.com

  • https://evilspeculator.com Sir Mole III

    I don’t have anything new to share today, will chime in here later today if anything interesting happens.

  • daverg

    I did, I hit SHARE all items TOS doesn’t not for some reason share studies that are hand made. I called them up several times to fix this. If you have TOS supposed you get the whole chart.

  • ridingwaves

    The recent sell off was a planned take down…Some big entities wanted in much lower….The abstract presented at ASCO was good, I think it was just targeted as a crowded trade….The drug that they have might be cancers worst enemy and it wasn’t the one they gave abstract on….

  • randomuser6789

    Stop run continues for TSLA shorts this morning. Up almost 3%.

  • BobbyLow

    Wheaties the breakfast of champions. 🙂

    Running Strong so far today up 16+.

  • ridingwaves

    I made a couple dollars shorting but cant figure why short or long before the annual meeting….its like Apple atmosphere with any news leading to pps charge….

  • ridingwaves

    1×10 split in TVIX tomm…..looks like some folks might be trying to get out
    it willl provide much more room for Mole to use his volatility shorting secret project….

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

    disagree, you are looking for confirmation bias!

  • Mark Shinnick

    I bot some for the time being.

  • Tomcat

    Just threw up in my mouth a bit…

  • ridingwaves

    I was looking at it for day trade too..didn’t take entry as of yet

  • Julie 35 – 25 – 36

    GLD Must get above strong resistance i.e. convergence of it.s 21 and 233 ema’s JULI https://uploads.disquscdn.com/images/f8a2eae1c2ce654108db41bbe1fc33574c9a68bac8fc5c21067f91c4a770ee9b.png E

  • Mark Shinnick

    Vol changed character a bit today since May 29.

  • BobbyLow

    Not going to touch that one. 🙂

  • Tomcat

    Got a buy signal on Oil.

  • Julie 35 – 25 – 36

    No GG
    JULIE

  • Julie 35 – 25 – 36

    EXAS Pulling back per chart below i.e. yesterday
    JULIE

  • BobbyLow

    Are you on 1 Hour?

  • Tomcat

    Yes!

  • Mark Shinnick
  • Julie 35 – 25 – 36

    Hi TC I posted a 13 target USO Yeah ! Will jump in long with a bullish close above it’s 5 ema at 13.29 Then looking to short a lower high JULIE https://uploads.disquscdn.com/images/5237069e48867eb5e98b489e91da18b8363b914a0e9135917a348ea57dc7e20f.png

  • daverg

    ok here is what i thought you said , emini, ten minute, gaps at open, bottom study is ATR with BBands, 14 period, 2 SD. Does this capture your thinking ? two screen shots, recent action and second file going back 30 days on ten minute. https://www.screencast.com/t/nceX7i2Jv

  • daverg
  • BobbyLow

    Sounds about right. Good luck.

    I’m enjoying my serenity too much right now so I’m taking a vacation from oil for the time being. 🙂

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

    MU too GG
    JULIE

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

    forget platinum, have you seen copper lately?

  • Julie 35 – 25 – 36

    No I have not Will look
    JULIE

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

    finviz is 10 min delay, but good for the office peek.

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

  • Julie 35 – 25 – 36

    $copper too late to get in must wait for a pullback — up into strong resistance
    JULIE

  • Yoda

    Bwahahahaha! X-D

  • BKXtoZERO

    My baby? split time already? that usually means they can keep hammering it.

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

    GG CSCO just 5 cents shy of our 44;44 target to short the lower high Love it GG JULIE https://uploads.disquscdn.com/images/30ff8558ce7d7fa07cef68188f966186d8456868691ba89ce7e5fb1c0b6474fe.png

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

    HIT THE BID!
    😉

  • Julie 35 – 25 – 36

    BL RW Wheaties Breakfast Of Champions … Good job Guys !
    JULIE

  • BKXtoZERO

    L TVIX +1R 4.32

  • Julie 35 – 25 – 36

    PLG Buying some for a longer term investment Have some NCP.TO also JULIE https://uploads.disquscdn.com/images/c4681202bca26334e066138f5786d6f8cab460526fed3d1bf4cdf2c8b2f7bf97.png

  • BKXtoZERO

    Hey Gerb…. are these the settings for your VIX chart? I wrote them down. Env: 83,44,0 MA 83,18.23 Env: 83.33.0?? http://stockcharts.com/h-sc/ui

  • Mark Shinnick

    Seems like a tough area right now….is this looking fairly nominal to you?

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

    I dunno, I saw gold from 2011 go much, MUCH lower than I EVER expected.

  • Julie 35 – 25 – 36

    GG IMO Platinum is bottoming …. JULIE

  • BKXtoZERO

    no. Looks hard. taking an intraday shot

  • Julie 35 – 25 – 36

    Platinum and associated miners Longer term play. Kinda like the Oracle from Omaha LOL ! JULIE https://uploads.disquscdn.com/images/145c92d2f8a29f253d5e1b3686f1757b017c979fb00886d1a942d065ae90a098.png

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

    you may be right. However, since you’ve been such a value to us.

    Check your weekly chart. AND
    check your monthly chart.
    my 2 grams..

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

    Word of the Day
    my·op·ic

  • BKXtoZERO

    Gerb, can you please post your VIX chart? I wrote your settings and tried to play with it but it doesn’t look like your set up: Env: 83,44,0 MA 83,18.23 Env: 83.33.0 Thanks.

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

    no, my VIX runs on different settings.

    you are describing my TVIX, which we will never use again. 😉

    http://stockcharts.com/h-sc/ui?s=TVIX&p=D&yr=1&mn=0&dy=0&id=p72042888370

    ignore today’s white candle on the 83,44. purely coincidence.
    Muwahaha.

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

    I have a training class/meeting next several hours.

    See you guys tomorrow.
    -GG

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

    remember – it’s just a chart. Mole has spoken on this before.
    edit: one person is comfortable with 100ma, another 50ma.
    http://stockcharts.com/h-sc/ui?s=%24VIX&p=D&yr=0&mn=6&dy=0&id=p86789083166

  • BKXtoZERO

    That is why it looked wrong, thought it was VIX. Better to look at VIX itself. Thanks!

  • BKXtoZERO

    Thanks! yes, a derivative of a derivative, sometimes your charts are pretty spiffy.

  • Julie 35 – 25 – 36

    $Platinum Weekly Chart A Trading range approx 1 1/2 years IMO buying lower trading range and lower Keltner channel oversold for a longer term trade IMO Very simple JULIE https://uploads.disquscdn.com/images/a88745b3cda8ac063c1d4b237ada382f32be963657905074afcf4fd72681a345.png

  • Darkthirty

    TOS prophet chart is lagging, does SPY track ES??

  • https://evilspeculator.com Sir Mole III

    Someone else just complained about this. Let me take a look to figure out what’s going on.

  • https://evilspeculator.com Sir Mole III

    Well, I do see it ticking…. seems to me that TOS is out of sync. I’ll shoot them an email.

  • Julie 35 – 25 – 36
  • Darkthirty

    already hit up tech an hour ago …………..

  • https://evilspeculator.com Sir Mole III

    What they say?

  • Darkthirty

    said they’d fix it, just hit em again…now they’re playing stupid

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

    I have been waiting for a close outside the 2.0 Bollinger…. when looking at confirmed VIX sell signals, I saw quite a few that went outside and didn’t properly signal, but worked pretty well. We almost close outside on the 14th, sitting on the band today

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

    BK What is important IMO is also the % above and below it’s 10 ema. Chart shown is inverted to track easier
    JULIE

  • Darkthirty

    Said they might have it fixed by the end of the day. Charts run OK though

  • https://evilspeculator.com Sir Mole III

    Sorry I’m of no use today, had a really bad day and I need to get my head straight on.

  • Julie 35 – 25 – 36

    Take care Chief The sun sets only to rise again !
    JULIE

  • Darkthirty

    Cosmic energy is tweaked as evidenced by the volcanic eruptions. A lot of us are feeling it.

  • BKXtoZERO

    Hugs in your general direction Sir…… enjoy the day. The MKT will still be there. (maybe)

  • Mark Shinnick

    Humm… wonder if that makes for panics or other blackswan 🙂

  • Darkthirty

    If your chi is weak…………..

  • Mark Shinnick

    QT would be bad for market Chi, me thinks.

  • Darkthirty

    QT?

  • Mark Shinnick
  • Darkthirty

    Proper wording and the algos will run with it

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

    It’s not that – received really bad news today.

  • BKXtoZERO

    Dang…. Take time off. You taught us to take care of ourselves. Put a stop and walk away.

  • Julie 35 – 25 – 36

    As stated previous post Julie hanging on the coat tails of the “hedgies” Today or tomorrow GVIP a bearish close below the 5 ema and lower uptrend line and Julie will short the $SPX. The above will be confirmed by a bearish crossover of MACD 3,9,16 JULIE

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

    I just got an answer from TOS. Looks like they are working on it:

    Thank you for your message. We’re currently aware of the issue with futures prices lagging. We’re looking into it and hope to have the the prices updating as they should.

    Best Regards,

    Perry Pasquini
    Client Liaison
    866.839.1100

    thinkorswim, Division of TD AMERITRADE, Inc.
    600 west chicago avenue, suite #100
    chicago, IL 60654-2597

    Member FINRA | SIPC
    trademark, all rights reserved

  • BKXtoZERO

    Flatted my 1r tvix from days ago at 4.55. Holding my 1r from today 4.28. Just staying current. In good position if the bulls fumble.

  • ridingwaves

    early next week and most likely starting tomorrow, fumbles are especially likely….

  • Julie 35 – 25 – 36

    CSCO INTC Love it ! USO must have a bullish close above it’s 5 ema . So far USO no cigar Let’s see the close.
    JULIE

  • BKXtoZERO

    I am ready to try again!

  • BKXtoZERO
  • Darkthirty

    PS. HAHAHAHAHAHA!

  • Darkthirty

    Nothing is good or bad, only thinking makes it so. Be objective….if you can

  • BKXtoZERO

    no… there is bad stuff in life.

  • ridingwaves

    damn, now its Brazil fodder as bond proxy, before auctions and Fed hike next week….

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

    Take Friday off, just do it.
    Maybe get Scott to pinch hit.

    Assess later.

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

    BAC A no brainer Tomorrow a bearish close below it’s 21 ema at 29.87 is a short JULIE https://uploads.disquscdn.com/images/2fcdacca1b9d6b44a72ffcf632391736bd339be637cd5ae0a178b8c9e4852410.png

  • Julie 35 – 25 – 36

    Anyone trading Natty Gas ? Nice setup a minor triangle above a support zone with the 5 ; 21 and 55 ema’s in a bullish alignment Looks like https://uploads.disquscdn.com/images/c465bd7a55a7b6f1995dc011ef1ab3077a5ab554c8f90d2ffa7c47cf75d31cb2.png D leg of triangle completing and possibly down for E. E bounces off lower triangle support or price support zone and will probably take a long. I like this setup JULIE

  • Julie 35 – 25 – 36

    Guys Wyckoff principal in play UNG i.e. selling climax ; automatic reaction ; secondary test ; a spring ; jump the creek with a sign of strength and now a fall back to creek
    JULIE

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

    UUP There is a support at 24.62 which has held. 24.62 is also the baseline (21) UUP could be a long tomorrow with a bullish reversal
    JULIE

  • Julie 35 – 25 – 36
  • BKXtoZERO

    Buy Mortimer BUY!