Consolidation

Slack

—– Today October 26th, 2017 —–
Mike M [7:45 AM] gm

Renato Santos [7:46 AM] GM

Zeek Snodgrass [8:15 AM ]gm

[8:16] 58.75 gap and 67 gap xxx[8:16] 62.88[8:18] 62.88 also the GCF until xxx[8:19] xxx done[8:19]  xxxxx[8:21] Looks like Yellin out of running for Fed Chair. Taylor and Powell are the finalists[8:21] I give Taylor the edge[8:22] we need someone who will breakup the large banks[8:22] I think Super Mario presser at 8:30

Mike M [8:23 AM] yep

Zeek Snodgrass [8:25 AM] end of month up bias may start today

[8:25] there are few days in the month left for the bears to have an edge[8:26] fxxxx[8:26] second week we probably get Fed speak up[8:27] I also think pigs fly second week of the month[8:27] there is absolutely nothing reasonable about how the market operates[8:27] ZOMBIE marching

Mike M [8:28 AM] amazon google msft intel and others report today after close as well

Zeek Snodgrass [8:34 AM] thanks Mike

[8:35] fwiw central banks are going to withdraw $1 trillion in stimulus[8:35] in 2018[8:36]  which central bank will be the old maid in the race to the bottom[8:36] my guess is Japan[8:36] China is my guess for the catalyst to the next financial crisis[8:38] bbi 10

Mike M [8:41 AM] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/10/01/DB%20central%20bank%20balance%20sheet.jpg (128kB)

eminiwizard [9:06 AM] good morning

[9:06] contractor was supposed to come tomorrow[9:07] here today[9:07] will be awkward at best since they are working near me[9:07] materials banging, etc[9:07] may even lose power at some point[9:07] will post here and there[9:08] maybe 4xxxx as next[9:09] yesterday we held that 48 then 51[9:09] soxx to begin[9:10] xxxxxx[9:11] no zoom for now[9:11] just too awkward

Mike M [9:12 AM] ty e

Renato Santos [9:13 AM] Thanks E.

[9:14] I like the posts here, we can always check later if we miss anything.[9:14] on Zoom if we get disconnected and lose the previous chat.[9:14] *we lose

eminiwizard[9:15 AM] https://zoom.us/j/430321770 we do a fast five on zoom then close

Zeek Snodgrass [9:30 AM] 65.5 yest half gap as a completion target

[9:31] 60.25 half gap

Zeek Snodgrass [9:38 AM] pending home sales at 10am

Zeek Snodgrass [9:50 AM] xxx and yest rth open

eminiwizard [9:54 AM] https://content.screencast.com/users/EMWS/folders/Jing/media/62bee64f-4500-48d5-b97d-0be24e756e36/2017-10-26_0953.png (29kB)

eminiwizard [10:03 AM] 9:31] 60.25 half gap [10:03] zeek posted

Renato Santos [10:03 AM] perfect +3

eminiwizard [10:03 AM] still making hh and hl

Mike M [10:04 AM] you mean as a buy or as target rena

eminiwizard [10:04 AM] until low of day goes

[10:04] we are in bullish mode

Mike M [10:04 AM] y

eminiwizard [10:04 AM] neutral i assume

[10:07] paid by the gap[10:07] like 59.5[10:07] xxx[10:08] 60 is day mid[10:09] trail  only past 59.5[10:09] xx[10:09 big boy bingo[10:09]xxxx

Zeek Snodgrass [10:10 AM] nq new lows for today

eminiwizard [10:10 AM] y

Renato Santos [10:13 AM] Long 2560.25, Mike, +3

Mike M [10:14 AM] 54.75 was xxxx

[10:14] ok rena i’m usually using that as a target to trade into the half gap

eminiwizard [10:16 AM] love the 58 retest

eminiwizard [10:21 AM] using xxxxx

[10:21]xxxxx[10:21] xxxxxxx[10:21] trailer to bust low[10:22] only for agg traders[10:22] timing[10:22] end of hour nearby[10:26] https://content.screencast.com/users/EMWS/folders/Jing/media/cc17ac0c-a12f-4993-9cf6-470edba52131/2017-10-26_1025.png (28kB)[10:30] 60 mid day mid week

eminiwizard [10:37 AM] 10:21]xxxx

[10:37] done[10:37] both ways

eminiwizard [10:42 AM] https://content.screencast.com/users/EMWS/folders/Jing/media/b2c527e1-d379-41c2-853e-ec34f080c9c4/2017-10-26_1042.png (130kB)

5 rth

eminiwizard [10:49 AM] 63 demon

[10:49] xxxx[10:52] 56/57 suppor forxxxxx[10:52] shorts need to undermine that 57 or uh-oh

eminiwizard [11:01 AM] paid by 66.25 high from yest

eminiwizard [11:12 AM] 64.75 is yest demon

[11:12] stalled there[11:12] hit and run day

eminiwizard [11:18 AM] anyone at 58 pfs if hitting bounces

[11:19] neutral still

eminiwizard [11:29 AM] https://content.screencast.com/users/EMWS/folders/Jing/media/acb281df-2e49-45de-baa9-909ae62b9d6e/2017-10-26_1128.png (24kB)

[11:29] 5 min[11:30] using xxxxx[11:32] consolidating the push higher[11:32] but seems protected xxxxx

eminiwizard [11:54 AM] primary done

eminiwizard [12:04 PM] https://content.screencast.com/users/EMWS/folders/Jing/media/903ddc1c-b4ae-4d09-9052-28cc5edd80bd/2017-10-26_1201.png (113kB)

[12:04] neutral

Zeek Snodgrass [12:39 PM] Happy Lunch

[12:39] Yankees basically fired Girarrdi today

eminiwizard [12:40 PM] 10 years at helm

Zeek Snodgrass [12:40 PM] yes

[12:40] Makes no sense[12:40] one game from WS[12:40] players played for him[12:41] I hate to say this, but Cashmen should have been the one to go[12:41] comes down to people vs bots (analystics)[12:41] humans lost again

eminiwizard [12:42 PM] gm has the say in these things

Zeek Snodgrass [12:42 PM] true

[12:42] I will just become a Red Sox fan[12:43] I have a notion they will hire Girarrrdi[12:43] He will get a lot more out of their pitching

eminiwizard [12:43 PM] interesting idea

Zeek Snodgrass [12:43 PM] Get David Price right again

[12:44] He is a former catcher and has done an excellent job with his bullpen and starters[12:44] FWIW Chapman will be lights out in 2018[12:45] 2017 was theh hangover from being misused in Chicago[12:45] low being tested

eminiwizard [12:49 PM] i like knock out low but hasnt happened yet

Zeek Snodgrass [12:51 PM] see if they try after 1pm

eminiwizard [12:54 PM] https://youtu.be/MElrq0b4zc4 YouTube Eminiwizard Mid day update

eminiwizard [1:10 PM] pre market video for your review https://youtu.be/cdDEZzcWHk8

Mike M [1:19 PM] that link is not working for me E

eminiwizard [2:22 PM] thanks mike

[2:22] make sure i have your gmail[2:22] i will add it if not there

Mike M [2:25 PM] ok thought so but will email from my gmail thanks

eminiwizard [2:29 PM] great

[2:29] you are in there[2:29] just checked[2:30] https://youtu.be/cdDEZzcWHk8

Mike M [2:31 PM] ah ok it’s using a different email, i got it thanks

Zeek Snodgrass [2:38 PM] dfd

eminiwizard [2:39 PM] thanks z

[2:39] still xxxxx

Zeek Snodgrass [2:40 PM] paint will dry around 3pm

eminiwizard [2:40 PM] lol

[2:40] sheetrock almost in here[2:40] making another bedroom in daughter’s home

eminiwizard [2:53 PM] trail only if short below 59.5

[2:53] in case continues hlow pattern

eminiwizard [3:11 PM] doji test 58.75

tradingsimon [3:27 PM] << late to party

[3:27] Who won, last 30 mins contra is what?[3:28] neutral? just looking[3:28] spent day above but kept being pushed down to yesy close

Mike M [3:32 PM] have to run

[3:32] thanks E see you all tomorrow

eminiwizard [3:32 PM] ok bye now

[3:33] simon this is neutral[3:33] xxx pivot 58

tradingsimon [3:37 PM] cheers, school holidays here so small positions and bigger stops

[3:37] how did your stuff go with the hurricane recovery?

eminiwizard [3:38 PM] db 57.25

[3:38] not figured out yet simon[3:38] still dealing with insurance[3:38] nowxxxx

tradingsimon [3:40 PM] yea, sitting on TWM

[3:40] in upper part of pipe[3:41] been in this weeks pipe since last night

eminiwizard [3:49 PM] yes

[3:50] https://content.screencast.com/users/EMWS/folders/Jing/media/5225b104-7b41-4890-a644-afc3c0f9ca49/2017-10-26_1550.png (38kB)

eminiwizard [4:02 PM] nice little drift lower taking out both ends today

[4:02] 9.5 off high[4:02] boyz will be boyz[4:03] 53.25 is xxx[4:03] so support still 52 ish[4:06] https://content.screencast.com/users/EMWS/folders/Jing/media/1fe7f25c-1292-4171-bbcd-6eea696c246a/2017-10-26_1605.png (41kB)[4:06] xxxx got it right[4:09] boyz would not let it fall today[4:09] 5 points 5 mins or so[4:09] brutal[4:10] 57/56 buyers pfs by 61/62.5[4:10] afternoon high 62.75[4:10] good night all