Search results

After that Walmart news I'm watching 1065 in the $RUT. Despite the weakness in $SPX the $RUT has printed new highs over the last few days. Most of the weakness in the $SPX recently has been in the financial sector, but if retail rolls over now the $RUT should follow.

You are good enough, you are smart enough, and doggone it, people like you.

After Europe Equity Close at 1030 CT the market maker algos have much more control over the order flow. The order flow after the 0900 CT extreme can be very informative in terms of the ultimate direction of IB extension.

http://www.bloomberg.com/news/2013-09-25/wal-mart-cutting-orders-as-unsold-merchandise-piles-up.html

FYI this is the driver of the breakdown. Retail sector completely fell out of bed on this. RANsquawk Walmart (WMT) cutting orders as unsold merchandise piles up in the US US Equities Reaction details: - In immediate reaction to this news co. shares fell 1.7% to hit a low at USD 73.56...

NVPOC's and the IB H/L have a positive influence on my P/L. And I guess watching the algo does too as I am constantly reminded that most of the edge offered each day is before the Europe Equity Close. When I take a new position after 1030 CT I am always much smaller than whatever I did before...

Here's the footprint showing the algo VWAP Test in all its glory...

Most of the stuff I use in MD can be obtained other ways. But I do think they have a great footprint presentation and I use that to observe algo events between 1030 CT and 1230 CT. As for Market Profile concepts I think NVPOC's are relevant and the IB H/L matters until one side fails.

Actually I show yesterday was inside day but I'm not sure what I was looking at in terms of today. Sorry.

Final exit instead on TF at touch of yesterday's high.

They are trying to roll the delta here back into the VWAP. Still long a piece of TF and will consider add if breadth still bullish after VWAP Touched.

Outside day now for NDX following inside day yesterday. Breadth says this Daily Pivot in ES will fail now.

SPX 1705 Held Bid at ES 98.50. I think SPX 1710 still in play after 1300 CT if not before. But not involved.

Final exit as they are rolling the cash into the event so not sure what happens next.

Exit another third. Final for last push.

GS algo on board now...AAPL dump and pump to the rescue.

I think ES 1702 to 1704 is the objective as there is lots of confluence there. R1, NVPOC, prior Settlement, yesterday high. But no opinion after noon ct.

Long NQ after two scratches. Third off rest for SPX 1710 attempt. Should have used TF for bank exposure.

When does Obama speak? Maybe that is in play too.

There oughta be a law...