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01/03/2017 Live Update

Re: 01/03/2017 Live Update

Postby BullBear52x » Tue Jan 03, 2017 3:41 pm

Al_Dente wrote:SMALL
Near enough to a multiple bottom to call it such
Instead of long for a bounce, I’m waiting, and looking for a good spot to short (near here), until more proof develops that bulls can hold water….
1min
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IWM is weighted about 18% small financials (eg: PSCF) and about 18% small tech (eg: PSCT)
So I’m thinking it’s not the end of the world until these two give up (PSCF is still barely in long territory),
or until IWM breaks that bottom line decisively
60min
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old timer.
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Re: 01/03/2017 Live Update

Postby Al_Dente » Tue Jan 03, 2017 3:49 pm

BullBear52x wrote:
Al_Dente wrote:SMALL...
13sixty.png.png

old timer.

Thanks boss :D :D
Whipsaw
I want a trend boss, not whipsaw, I want a trend already
Smalls need a break downward, else it’s a declining triangle, and up-ish…
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Re: 01/03/2017 Live Update

Postby Cobra » Tue Jan 03, 2017 3:49 pm

bigger triangle, no clear direction.
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Re: 01/03/2017 Live Update

Postby Cobra » Tue Jan 03, 2017 4:00 pm

Happy hour?
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Re: 01/03/2017 Live Update

Postby Al_Dente » Tue Jan 03, 2017 4:01 pm

HAPPY HOUR
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Re: 01/03/2017 Live Update

Postby Trades with cats » Tue Jan 03, 2017 4:02 pm

New Fed Policy tool.
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Re: 01/03/2017 Live Update

Postby Al_Dente » Tue Jan 03, 2017 4:05 pm

Build that wall and “Make America White Again”
LEAKED TO REUTERS:
NOTE: not just mexico, but “along the U.S.-Canada border, where new fencing could be erected…”
http://www.reuters.com/article/us-usa-b ... SKBN14N0TY
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Re: 01/03/2017 Live Update

Postby BullBear52x » Tue Jan 03, 2017 4:05 pm

last sell failed, chase up.
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Re: 01/03/2017 Live Update

Postby Trades with cats » Tue Jan 03, 2017 4:08 pm

VWAP is within easy reach with an hour to go ES VWAP I have at 47.75 and for the TF 64.1 and of course both are slowly falling.
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Re: 01/03/2017 Live Update

Postby BullBear52x » Tue Jan 03, 2017 4:08 pm

Chart for the road: Daily first dip buying is legit. now we need to see HH from here. while the mid term setup sell hasn't give up, but wind is now on bulls back. Peace!
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Re: 01/03/2017 Live Update

Postby Trades with cats » Tue Jan 03, 2017 4:17 pm

Oil narrative going negative right on schedule. Oilprice. com has a pretty chart up claiming shale producers are cash flow neutral for the first time in several years so expect big production increases. ( chart doesn't show debt or equity dilution used to cover all those negative quarters) . And now Zerohedge is repeating that Iraq is accusing the Kurds of cheating on their quotas. Plus we had Bloomberg earlier on Libyan production as well as headlines about higher dollar crushing oil.
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Re: 01/03/2017 Live Update

Postby fehro » Tue Jan 03, 2017 4:18 pm

SPX 20d 2252.39 trying to test it. .bulls want a close above.
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Re: 01/03/2017 Live Update

Postby fehro » Tue Jan 03, 2017 4:25 pm

TLT nHOD, higher high than last week… bonds bouncy bounce.
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Re: 01/03/2017 Live Update

Postby Trades with cats » Tue Jan 03, 2017 4:27 pm

Lots of good technical reasons for the 3:30 ramp today if they expect to set the table for turn around Tuesday. :D
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Re: 01/03/2017 Live Update

Postby Al_Dente » Tue Jan 03, 2017 4:29 pm

Today another new high on junk HYG
Suggests “risk on”
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Re: 01/03/2017 Live Update

Postby te_fern » Tue Jan 03, 2017 4:32 pm

[quote="Al_Dente"]SMALL
Near enough to a multiple bottom to call it such
Instead of long for a bounce, I’m waiting, and looking for a good spot to short (near here), until more proof develops that bulls can hold water….
1min

Watching too! Thanks Boss!
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Re: 01/03/2017 Live Update

Postby Al_Dente » Tue Jan 03, 2017 4:37 pm

te_fern wrote:Watching too! Thanks Boss!

:D
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Re: 01/03/2017 Live Update

Postby Cobra » Tue Jan 03, 2017 4:41 pm

well, once again, it proves nowadays triangle is reversal pattern. from now on, I'll treat triangle as reversal pattern. low might be for today.
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Re: 01/03/2017 Live Update

Postby Trades with cats » Tue Jan 03, 2017 4:48 pm

My VWAP is not dead on but ES is there on my chart (47.50). Funny how that seems to work out into the close, or at least I remember when it happens. Santa left me Michael Lewis new book "The Undoing Project" about the Israeli psychologists who proved people can't trust their own minds to make decisions. Makes you think hard about little predictions like reaching VWAP before the close on a downish day.
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Re: 01/03/2017 Live Update

Postby Cobra » Tue Jan 03, 2017 4:57 pm


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