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07/05/2017 Live Update

07/05/2017 Live Update

Postby Cobra » Wed Jul 05, 2017 9:19 am

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double top and lower high, so bears might have chances, say 51%.
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Re: 07/05/2017 Live Update

Postby Cobra » Wed Jul 05, 2017 9:22 am


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Re: 07/05/2017 Live Update

Postby Daniel » Wed Jul 05, 2017 9:36 am

5min bar sectors:
Top of intraday range/hod: SMH, QQQ, IBB, GLD
Bottom of range/lod: XLF, KRE, Lat.Am

10min bar:
..most sectors hitting LOD. Precious metals are red but near their HODs.
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Re: 07/05/2017 Live Update

Postby Wallstreetrader » Wed Jul 05, 2017 9:55 am

GM

Key for today 2320/1 (if)
Last edited by Wallstreetrader on Wed Jul 05, 2017 2:29 pm, edited 6 times in total.
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Re: 07/05/2017 Live Update

Postby Daniel » Wed Jul 05, 2017 10:00 am

Cobra wrote:double top and lower high, so bears might have chances, say 51%.


At the half hour mark, SPY is down a nickel.

I'd say that's about a 51% type outcome!

Another great call by the Cobra... :)
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Re: 07/05/2017 Live Update

Postby Daniel » Wed Jul 05, 2017 10:02 am

XLE, XLB, IBB, FXI lod
Last edited by Daniel on Wed Jul 05, 2017 10:06 am, edited 1 time in total.
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Re: 07/05/2017 Live Update

Postby Cobra » Wed Jul 05, 2017 10:04 am


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Re: 07/05/2017 Live Update

Postby Cobra » Wed Jul 05, 2017 10:06 am

morning hourly black bar.
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Re: 07/05/2017 Live Update

Postby Cobra » Wed Jul 05, 2017 10:07 am

testing June 20 lows now.
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Re: 07/05/2017 Live Update

Postby Daniel » Wed Jul 05, 2017 10:17 am

GLD, FXY hod
Most sectors LOD or at least lower half of daily range.
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Re: 07/05/2017 Live Update

Postby te_fern » Wed Jul 05, 2017 10:28 am

TICK heading lower....
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Re: 07/05/2017 Live Update

Postby te_fern » Wed Jul 05, 2017 10:42 am

Took a stab at FAS since its been strong lately. Probably should have waited for a more positive day. We'll see..... NTA
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Re: 07/05/2017 Live Update

Postby Cobra » Wed Jul 05, 2017 10:45 am

looks like it's a vacuum to day high.
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Re: 07/05/2017 Live Update

Postby te_fern » Wed Jul 05, 2017 11:02 am

Need to SPX to pull its moving average lines back positive!!
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Re: 07/05/2017 Live Update

Postby te_fern » Wed Jul 05, 2017 11:09 am

Levered smalls are struggling to get anything going!!
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Re: 07/05/2017 Live Update

Postby Wallstreetrader » Wed Jul 05, 2017 11:21 am

Now I reverse here has to be high risk be shorting !!!

5m. is doing inverting HS my stops are tight because these is here a big R but but ..., move below 2425 ihs is invalidated open door for new lows let's see ...
Last edited by Wallstreetrader on Wed Jul 05, 2017 11:54 am, edited 2 times in total.
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Re: 07/05/2017 Live Update

Postby Trades with cats » Wed Jul 05, 2017 11:30 am

Chatter today about how the S&P has over 1/3 ETF ownership.So when the retirement contributions come in it should go up. Just like when the public decides to get out it will be forced down. Either way it will be less representative of what professional money managers see and more reflective of the attitude of those who are not involved who have traditionally been labeled 'dumb money'.
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Re: 07/05/2017 Live Update

Postby te_fern » Wed Jul 05, 2017 11:52 am

Almost stopped out. Keeping a tight stop on this one...
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Re: 07/05/2017 Live Update

Postby Cobra » Wed Jul 05, 2017 11:57 am

pullback will be bought if not already bought.
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Re: 07/05/2017 Live Update

Postby fehro » Wed Jul 05, 2017 12:00 pm

/CL transfers the baton to tech.. :roll: :lol: it's tech's turn to try to keep this market up.. RUT ugly, VIX/TLT green, wit SPY/QQQ IWM red ,near LOD

dabbling short /ES
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