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07/06/2017 Live Update

07/06/2017 Live Update

Postby Cobra » Thu Jul 06, 2017 9:22 am

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not sure if pullback will be bought again or not, wait and see.
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Re: 07/06/2017 Live Update

Postby Cobra » Thu Jul 06, 2017 9:25 am


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Re: 07/06/2017 Live Update

Postby Wallstreetrader » Thu Jul 06, 2017 9:26 am

GM

Key for today - no(updated)
Last edited by Wallstreetrader on Thu Jul 06, 2017 2:08 pm, edited 3 times in total.
Bull Market No dought !
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Re: 07/06/2017 Live Update

Postby fehro » Thu Jul 06, 2017 9:28 am

As per yesterday.. looking for gap. .got 11 point gap.. opening at 2421ish - SPX 5m chart from yesterday .. in 15m to see farther back.. mind all the red lines. and cyan horiz level.. could bounce from open. and make yet another triangle... 2417 very key.. 50d 2413ish.. so pretty sure that'll get tagged today.. that goes then 2405.. next cyan... then 2387-83 open gap.. fwiw

200d SPX 2296... for just pure ugliness .. . :roll: :lol:
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Re: 07/06/2017 Live Update

Postby fehro » Thu Jul 06, 2017 9:41 am

buckle up.. AAPL breaks here .. be VERY careful.. "could" see very sharp drop! = bye bye indexes :roll:
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Re: 07/06/2017 Live Update

Postby fehro » Thu Jul 06, 2017 9:42 am

getting uglier :roll:
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Re: 07/06/2017 Live Update

Postby Wallstreetrader » Thu Jul 06, 2017 9:49 am

sorry but I will buy monkey again, + div pretty clear, still beleive in the bull
Bull Market No dought !
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Re: 07/06/2017 Live Update

Postby fehro » Thu Jul 06, 2017 9:52 am

Wallstreetrader wrote:sorry but I will buy monkey again, + div pretty clear, still beleive in the bull


possible bounce area.. 50d.. soo close 2413.70ish.. just 4 points lower
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Re: 07/06/2017 Live Update

Postby Al_Dente » Thu Jul 06, 2017 9:53 am

Potential SPY “Roof” pattern
http://thepatternsite.com/roof.html
Breaks down 83% of the time
“Wait for confirmation.”

76roof.png.png
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Re: 07/06/2017 Live Update

Postby fehro » Thu Jul 06, 2017 9:56 am

Al_Dente wrote:Potential SPY “Roof” pattern
http://thepatternsite.com/roof.html
Breaks down 83% of the time
“Wait for confirmation.”

76roof.png.png


nice! :D
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Re: 07/06/2017 Live Update

Postby Al_Dente » Thu Jul 06, 2017 9:58 am

July
[Almanac]
“Over the last 21 years the market’s performance in July has been mixed. July’s performance tends to either be quite hot (gains in excess of 3%) or rather frigid (losses of 3% or more). Over this time period July is DJIA’s and S&P 500 sixth best performing month of the year. July is the 7th best month for Russell 1000, 4th worst for NASDAQ and the worst for Russell 2000. Average performance ranges from a loss of 1.1% for Russell 2000 to a 0.9% gain by DJIA.
Based upon the chart … July opens strongly, but then generally goes nowhere until the eighth trading day when a mid-month rally begins. This rally then ends around the thirteenth trading day. At which time, the trend becomes lower to sideways. When comparing gains made on the first trading day to full-month performance, S&P 500, Russell 1000 and Russell 2000 are all lower on the last trading day. DJIA and NASDAQ only add modestly to first trading day gains. Even though full-month July performance is broadly positive, it was all (or the majority) the result of first trading day gains. This is why we consider July to be one of the “Worst Four Months” (July to October) of the year.”

76july almanac.png.png
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Re: 07/06/2017 Live Update

Postby Cobra » Thu Jul 06, 2017 10:01 am


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Re: 07/06/2017 Live Update

Postby Al_Dente » Thu Jul 06, 2017 10:04 am

QQQ hourly
76qqq hour.png.png
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Re: 07/06/2017 Live Update

Postby Cobra » Thu Jul 06, 2017 10:07 am

maybe now it's safe to say this bear shall have legs?
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Re: 07/06/2017 Live Update

Postby brokebybernacke2 » Thu Jul 06, 2017 10:30 am

market is here....
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Re: 07/06/2017 Live Update

Postby Daniel » Thu Jul 06, 2017 10:31 am

NYSE and Naz UP/DOWN vol is hitting its most bearish reading of the day.

:|
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Re: 07/06/2017 Live Update

Postby Al_Dente » Thu Jul 06, 2017 10:37 am

AD bear all morning.
Can it stay grizzly... or give it back?
76bear ad.png.png
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Re: 07/06/2017 Live Update

Postby Al_Dente » Thu Jul 06, 2017 10:38 am

fehro wrote:
Al_Dente wrote:Potential SPY “Roof” pattern
http://thepatternsite.com/roof.html
Breaks down 83% of the time
“Wait for confirmation.”

nice! :D

:D
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Re: 07/06/2017 Live Update

Postby Daniel » Thu Jul 06, 2017 10:43 am

EWG, SMH hod

Most sectors still in the lower half of daily range.
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Re: 07/06/2017 Live Update

Postby Daniel » Thu Jul 06, 2017 10:47 am

NYSE UP-ticks highest reading <400
DOWN-ticks lowest reading >800

Naz advancers still <700... very anemic.
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