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05/09/2017 Live Update

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Cobra
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05/09/2017 Live Update

Post by Cobra »

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wait to see if bears can make a lower high here.
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Cobra
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Re: 05/09/2017 Live Update

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Re: 05/09/2017 Live Update

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Trades with cats
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Re: 05/09/2017 Live Update

Post by Trades with cats »

Nice little 2 point lighting fast move by the Algo's for the Jolts and wholesale inventory reports. You may return your chairs to the sleeping position. :lol:
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Cobra
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Re: 05/09/2017 Live Update

Post by Cobra »

the pullback will be bought.
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te_fern
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Re: 05/09/2017 Live Update

Post by te_fern »

Trades with cats wrote:Nice little 2 point lighting fast move by the Algo's for the Jolts and wholesale inventory reports. You may return your chairs to the sleeping position. :lol:
:D
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te_fern
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Re: 05/09/2017 Live Update

Post by te_fern »

Smalls bouncing around this morning....
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te_fern
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Re: 05/09/2017 Live Update

Post by te_fern »

Tick going sideways as well!
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te_fern
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Re: 05/09/2017 Live Update

Post by te_fern »

This energy ETF had been getting some chatter, so I was watching it for a purchase, and then it dropped out of bed...
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Re: 05/09/2017 Live Update

Post by te_fern »

The smalls paused at the support line and then down it goes.....
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Al_Dente
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Re: 05/09/2017 Live Update

Post by Al_Dente »

5 months of the psycho smalls long and short, 60 minutes
Srsly :shock:
59sixty.png.png
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Re: 05/09/2017 Live Update

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Re: 05/09/2017 Live Update

Post by Cobra »

pullback was bought but at very late stage instead of around ema20, so could just be a range action, i.e. sharp down to range low now sharp up to range high.
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Al_Dente
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Re: 05/09/2017 Live Update

Post by Al_Dente »

Credit card and lending data goes soft
http://www.zerohedge.com/news/2017-05-0 ... oan-demand
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Re: 05/09/2017 Live Update

Post by Al_Dente »

banks most exposed to auto loans: ALLY followed by COF, HBAN, CFG, FITB,
while COF, C, JPM, BAC have largest credit card concentration (all >10% of loans);
JPM, MTB, COF, KEY have largest multi-family exposure
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Cobra
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Re: 05/09/2017 Live Update

Post by Cobra »

not sure if this is measured move.
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te_fern
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Re: 05/09/2017 Live Update

Post by te_fern »

Al_D, I extended your box a little and we're back to the top and then a quick pullback. Waiting to see what happens next....
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Al_Dente
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Re: 05/09/2017 Live Update

Post by Al_Dente »

te_fern wrote:Al_D, I extended your box a little and we're back to the top and then a quick pullback. Waiting to see what happens next....
Sweet :D
I’m eyeballing a premature inverse H&S but IT WON’T BE ACTIVATED until smalls can break above that blue dashed neckline
[bolinger stolen from bb52x]
59five hs.png.png
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Al_Dente
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Re: 05/09/2017 Live Update

Post by Al_Dente »

As of yesterday’s close
The McClellans on SPX and NDX are still green
But the McClellans on SML and on the full nasdaq are dipping their toes into the red a smidge
(The Summations just smooth out the McClellan Oscillators)
59mcc.png
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Al_Dente
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Re: 05/09/2017 Live Update

Post by Al_Dente »

[add on]
The $SML is 600 of the supposedly “better quality” smalls, so it won’t be a “true” match to our IWM Russell 2000, but there it is.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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