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04/11/2017 Live Update

Re: 04/11/2017 Live Update

Postby BullBear52x » Tue Apr 11, 2017 2:05 pm

Selling to continue until today's high of day is taken back for the bulls. for now find excuse to sell.
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Re: 04/11/2017 Live Update

Postby brokebybernacke2 » Tue Apr 11, 2017 2:08 pm

Al_Dente wrote:What I’d really like to see is a big azz down day with big azz red volume,
so all our incicators can washout and re-set
https://www.youtube.com/watch?v=tdvuny7yvxY




dare i say, bull trap potenital? interesting day, vix 15, 2350 sp levels test, and weekly mac d bear cross?
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Re: 04/11/2017 Live Update

Postby BullBear52x » Tue Apr 11, 2017 2:33 pm

Chart for the road: What %B is telling? bulls to stay down for now. :D Peace!
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Re: 04/11/2017 Live Update

Postby Daniel » Tue Apr 11, 2017 2:59 pm

RSP, IWM hod

IWM challenging yest hi
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Re: 04/11/2017 Live Update

Postby Al_Dente » Tue Apr 11, 2017 3:02 pm

HAPPY HOUR
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Re: 04/11/2017 Live Update

Postby uempel » Tue Apr 11, 2017 3:24 pm

My negativity not confirmed by the market:

ual3.png

uempel wrote:A further look at UAL (120 min). I doubt the stock can hold today's low these next few days/weeks. Immense loss of reputation won't be easy to fix.
The attachment UAL2.png is no longer available

uempel wrote:This UAL chart doesn't need a comment - and we all know that it's well deserved:
The attachment UAL.png is no longer available
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Re: 04/11/2017 Live Update

Postby Trades with cats » Tue Apr 11, 2017 3:33 pm

BullBear52x wrote:defensive sectors are leading still, no bottom yet, I preferred to see finance and tech lead or material strength to say BOOM time is to continue.

Thursday is I-Bank day. You know trading profits are down. Big question is how bad are the flattening rates going to hurt them. I am guessing that they still have a deposit base. Charts have been showing lending volume dropping. No idea about IPO fee income.
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Re: 04/11/2017 Live Update

Postby QED » Tue Apr 11, 2017 3:36 pm

uempel wrote:My negativity not confirmed by the market

Institutions taking the dip buying opportunity to add to their positions? :twisted:
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Re: 04/11/2017 Live Update

Postby Cobra » Tue Apr 11, 2017 3:39 pm

Al_Dente wrote:HAPPY HOUR
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Re: 04/11/2017 Live Update

Postby Cobra » Tue Apr 11, 2017 3:51 pm


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Re: 04/11/2017 Live Update

Postby Cobra » Tue Apr 11, 2017 3:52 pm

well, guess that's it for today. Wednesday tomorrow has been bull friendly recently. Thank you guys, I'll see you tomorrow.

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Re: 04/11/2017 Live Update

Postby Daniel » Tue Apr 11, 2017 3:53 pm

15min timeframe, all majors are either above or testing their 20ema here
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Re: 04/11/2017 Live Update

Postby Mr. BachNut » Tue Apr 11, 2017 4:01 pm

Just a late in the day idea.

I am seeing a possible broadening formation here (blue lines with orange extensions).

Daily ADX is as low as I have seen it, which means no trend.
Price has made higher highs and lower lows as algos have eaten stops.

A bit of a rally to break the April 5 high could complete 5 pushes in the formation and finish off this NYMO up cycle at a high level.
Then down.

Just a possibility. I have no idea what will happen.

I am long R2K off of support earlier today. Not sure if I'll stick with it.
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Re: 04/11/2017 Live Update

Postby Daniel » Tue Apr 11, 2017 4:16 pm

Mr. BachNut wrote:I am long R2K off of support earlier today. Not sure if I'll stick with it.


Speaking of sticks, what a "stick save" on the final 15min bar, across all major indexes! Classic hockey stick curve upward.

Good for you Mr. B, that you were in place to catch this act of levitation.

Who knows, maybe a bunch of algos all ran an Easter seasonality study at once. These markets are an inorganic mound of silicon these days.

:|
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