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Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 2:05 pm
by BullBear52x
Selling to continue until today's high of day is taken back for the bulls. for now find excuse to sell.

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 2:08 pm
by brokebybernacke2
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?

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 2:33 pm
by BullBear52x
Chart for the road: What %B is telling? bulls to stay down for now. :D Peace!

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 2:59 pm
by Daniel
RSP, IWM hod

IWM challenging yest hi

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 3:02 pm
by Al_Dente
HAPPY HOUR
Image

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 3:24 pm
by uempel
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

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 3:33 pm
by Trades with cats
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.

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 3:36 pm
by QED
uempel wrote:My negativity not confirmed by the market
Institutions taking the dip buying opportunity to add to their positions? :twisted:

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 3:39 pm
by Cobra
Al_Dente wrote:HAPPY HOUR
Image

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 3:51 pm
by Cobra

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 3:52 pm
by Cobra
well, guess that's it for today. Wednesday tomorrow has been bull friendly recently. Thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 3:53 pm
by Daniel
15min timeframe, all majors are either above or testing their 20ema here

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 4:01 pm
by Mr. BachNut
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.

Re: 04/11/2017 Live Update

Posted: Tue Apr 11, 2017 4:16 pm
by Daniel
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.

:|