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06/21/2017 Live Update

Re: 06/21/2017 Live Update

Postby Trades with cats » Wed Jun 21, 2017 12:56 pm

Smalls trying to drop down to the ES level moving through yesterday's low.
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Re: 06/21/2017 Live Update

Postby fehro » Wed Jun 21, 2017 1:00 pm

RUT nLOD, nears 20d SPY at LOD.
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Re: 06/21/2017 Live Update

Postby Cobra » Wed Jun 21, 2017 1:01 pm

double bottom or mm, key time. no idea which one.
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Re: 06/21/2017 Live Update

Postby fehro » Wed Jun 21, 2017 1:08 pm

fehro wrote:
fehro wrote:SPX LOD goes.. looking for gap fill 2434.. 2431.80 goes then 2429.7- 20d SMA next.


come to papa :)



SPX 20d SMA 2429.50.. just 4 points lower.. come to papa.. . sooo close. :roll:
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Re: 06/21/2017 Live Update

Postby fehro » Wed Jun 21, 2017 1:28 pm

fehro wrote:/CL 42.18 ish .. next Nov lows W/D/60m



ding ding.. couple of pennies short 0.02 :roll:
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Re: 06/21/2017 Live Update

Postby Daniel » Wed Jun 21, 2017 1:32 pm

Very mixed market.

RVX hod. VXN hovering just above its low.

FXY hod, this is bearish, SMH hod, this is very bullish.
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Re: 06/21/2017 Live Update

Postby fehro » Wed Jun 21, 2017 1:35 pm

mind TLT .. pressing big open gap , overhead resistance.. 2016 lows.. it goes "could" see a sharp $3 pop up to fill gap 127.40-130ish
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Re: 06/21/2017 Live Update

Postby Daniel » Wed Jun 21, 2017 1:37 pm

Daily timeframe, MDY hitting a 10day low today. Midcaps are a good barometer. The $MID seems to be less manipulated by futures and options players and their considerations.

:|
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Re: 06/21/2017 Live Update

Postby fehro » Wed Jun 21, 2017 1:57 pm

RUT testing 20d 50d next
fehro wrote:RUT nLOD, nears 20d SPY at LOD.
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Re: 06/21/2017 Live Update

Postby Trades with cats » Wed Jun 21, 2017 2:08 pm

Junk and oil according to Forbes isn't that closely linked anymore. After accounting for half of last years defaults oil is supposedly only around 10% of the junk bond fund holdings.
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Re: 06/21/2017 Live Update

Postby Daniel » Wed Jun 21, 2017 2:14 pm

Trades with cats wrote:Junk and oil according to Forbes isn't that closely linked anymore. After accounting for half of last years defaults oil is supposedly only around 10% of the junk bond fund holdings.

Good point, Cats, but... it's the marginal default rate that counts. Most of the iffy holdings in the selloff in junk last year were in the energy sector.

It's like the 'swing states' in an election.
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Re: 06/21/2017 Live Update

Postby Daniel » Wed Jun 21, 2017 2:17 pm

qqq HOD, but, VXN not anywhere near its LOD.

Last QQQ high today, VXN was also making its low.

KRE, XBD, XLI lod. Nothing really strong today except tech.
Last edited by Daniel on Wed Jun 21, 2017 2:19 pm, edited 1 time in total.
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Re: 06/21/2017 Live Update

Postby Cobra » Wed Jun 21, 2017 2:18 pm

mini rebound target
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Re: 06/21/2017 Live Update

Postby Cobra » Wed Jun 21, 2017 2:49 pm

exceeded mini target, the low might be in.
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Re: 06/21/2017 Live Update

Postby QED » Wed Jun 21, 2017 2:51 pm

High-Yield Carnage Stays Contained for Now

"Oil’s latest foray into a bear market has left the world’s biggest junk bond ETF mostly unscathed,
with the damage so far contained to the energy sector."


https://bloom.bg/2rD8IHf
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Re: 06/21/2017 Live Update

Postby Trades with cats » Wed Jun 21, 2017 2:55 pm

QED wrote:High-Yield Carnage Stays Contained for Now



Well those shale drillers aren't paying a million bucks each for all those new wells out of free cash flow, they would loose their membership to the oilman's club if they even talked about drilling a hole with their own money. :lol:
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Re: 06/21/2017 Live Update

Postby Trades with cats » Wed Jun 21, 2017 2:57 pm

ES sitting at yestrdays low and VWAP, wonder if we have another sell into the close event.
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Re: 06/21/2017 Live Update

Postby Al_Dente » Wed Jun 21, 2017 3:22 pm

On vacation, see u all next week

On stockcharts the $WTIC DOES NOT QUOTE INTRADAY, so this is yestrday’s oil, and today’s junk.
I just wanted to show the relationship with junk.
As of 6/20/17 energy junk is 12.84% of HYG [source: ishares website]
621oil junk.png.png
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Re: 06/21/2017 Live Update

Postby Daniel » Wed Jun 21, 2017 3:27 pm

Al_Dente wrote:On vacation, see u all next week... oil... the relationship with junk.
As of 6/20/17 energy junk is 12.84% of HYG [source: ishares website]

Enjoy vacation, AD, and thanks for the HYG stat-- and for all the other actionable presentations that flow so generously from your typewriter onto the screen.

Come back refreshed. And bring some volatility back with you when you return...

:)
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Re: 06/21/2017 Live Update

Postby te_fern » Wed Jun 21, 2017 3:28 pm

Al_Dente wrote:On vacation, see u all next week

On stockcharts the $WTIC DOES NOT QUOTE INTRADAY, so this is yestrday’s oil, and today’s junk.
I just wanted to show the relationship with junk.
As of 6/20/17 energy junk is 12.84% of HYG [source: ishares website]
621oil junk.png.png


Have fun boss!!! Where are you going?
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