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04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 9:20 am
by Cobra
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in range, no direction. probably will try to move to the upper blue line?

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 9:23 am
by Cobra

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 10:13 am
by Cobra

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 10:14 am
by Cobra
morning hourly filled black bar

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 11:00 am
by Al_Dente
SCHW: number of new accounts opened last quarter: the most in 17 yrs :o

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 11:12 am
by Al_Dente
[Almanac]
Fridays and Mondays
“When traders and investors are reluctant to hold positions over the weekend and fail to buy on the first trading day of the week, they are showing a lack of confidence. Since mid-March, Fridays …have been poor, and Mondays … have been weak. Improving market performance on Fridays and Mondays would confirm this bull still has legs while the opposite would suggest a rising probability of trouble ahead.”
http://jeffhirsch.tumblr.com/post/15973 ... ey-to-bull

Three Peaks and a Domed House Top In Play Again
http://jeffhirsch.tumblr.com/post/15976 ... play-again

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 11:24 am
by Cobra
I think bias is up.

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 11:32 am
by Al_Dente
NY advancing stocks = 2.1 x declining stocks
NY advancing volume = 2.9 x declining volume

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 11:41 am
by Cobra
this bull shall have legs.

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 11:47 am
by Daniel
spy AT the daily 20day MA, now.

iwm, mdy, qqq all comfortably above it

xlf HOD, but still well below its 20day

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 11:52 am
by fehro
SPX >20d barely .. 50d next 2356.26 5 more points

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 12:05 pm
by Cobra

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 12:17 pm
by Al_Dente
Percentages, 20 days
(ignore vertical lines)
420twenty days.png.png

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 12:20 pm
by fehro
fehro wrote:SPX >20d barely .. 50d next 2356.26 5 more points


ding ding

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 12:32 pm
by Al_Dente
Today’s uptrend angle is a bit steep
U know the drill
IWM and SPY

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 12:53 pm
by Trades with cats
ES 06-17 (5 Min)  4_20_2017B.jpg


Can't say that I am impressed. Gap open was not as good as yesterday's and the up move is so far about equal to yesterday's drop. Also I am voting with Pasta Boss this move has a machine made look to it. In any event they may overshoot the estimated ADR high but it would be very unusual for price to stay above it for long.

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 12:56 pm
by Daniel
"this move has a machine made look to it"

-and don't forget, this is Thurs of OpEx week, this may run until about 10-11am Friday.

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 1:00 pm
by Al_Dente
SPY 15m INVERSE H&S
Broke neckline
Target double top
Tick (cumulative) needs to get stronger
420spy inv hands.png.png

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 1:16 pm
by Al_Dente
IWM hit resistance at another double top (from 4/5) and is fanning out as we speak

Re: 04/20/2017 Live Update

PostPosted: Thu Apr 20, 2017 1:17 pm
by brokebybernacke2
Al_Dente wrote:SPY 15m INVERSE H&S
Broke neckline
Target double top
Tick (cumulative) needs to get stronger
The attachment 420spy inv hands.png.png is no longer available


or maybe this, break of yellows might determine direction.