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07/06/2017 Live Update

Re: 07/06/2017 Live Update

Postby Daniel » Thu Jul 06, 2017 12:43 pm

Naz advancers finally hit 1000... which is its HOD

QQQ is close by its high, and may bust thru, as VXN is near its lod
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Re: 07/06/2017 Live Update

Postby Cobra » Thu Jul 06, 2017 12:53 pm

"another push up" as I said. now let's see if bears can make a lower high. if not, then there should be another push up.
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Re: 07/06/2017 Live Update

Postby Trades with cats » Thu Jul 06, 2017 1:08 pm

Image

What we saw today was a European Black Bear, a close relative of the North American Black Bear, but clearly not the same thing from a trading perspective. :P
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Re: 07/06/2017 Live Update

Postby Trades with cats » Thu Jul 06, 2017 1:23 pm

ES trying to make the end of the lunch break memorable with a move to S1 pivot and the opening print. Still short of the morning high. Assuming NY Fed's Dudley is working the phones. :lol:
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Re: 07/06/2017 Live Update

Postby Daniel » Thu Jul 06, 2017 1:32 pm

USO, XOP lod!

XLE not yet, and not really close.

Update: hush my tongue! XLE covered that ground quick-- LOD! EWZ as well.
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Re: 07/06/2017 Live Update

Postby Cobra » Thu Jul 06, 2017 1:46 pm

should be another rebound but could be just a lower high.
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Re: 07/06/2017 Live Update

Postby Wallstreetrader » Thu Jul 06, 2017 2:07 pm

off now cya tomorrow...
Last edited by Wallstreetrader on Thu Jul 06, 2017 2:26 pm, edited 1 time in total.
Bull Market No dought !
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Re: 07/06/2017 Live Update

Postby Daniel » Thu Jul 06, 2017 2:14 pm

SPY right back on that 50day, 241.20-30

Meanwhile Naz advancers have collapsed, well off high
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Re: 07/06/2017 Live Update

Postby Cobra » Thu Jul 06, 2017 2:19 pm

testing day low, key time. sharp rebound would mean double bottom so bears must push harder.
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Re: 07/06/2017 Live Update

Postby cguirguis » Thu Jul 06, 2017 2:25 pm

Thoughts on picking up some TSLA for a rebound down here?
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Postby MrMiyagi » Thu Jul 06, 2017 2:29 pm

Kidneys in the fridge are going bad, need to go harvest some more. They can't be frozen either... :roll: :roll:
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Re: 07/06/2017 Live Update

Postby Cobra » Thu Jul 06, 2017 2:54 pm

cguirguis wrote:Thoughts on picking up some TSLA for a rebound down here?


the one of 2 reasons you want to buy TSLA here is it's the very first test of weekly ema20 in long long time, usually should be a rebound.

It's just "usually", there's always "exception", so nothing guaranteed.
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Re: 07/06/2017 Live Update

Postby Al_Dente » Thu Jul 06, 2017 3:00 pm

HAPPY HOUR
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Re: 07/06/2017 Live Update

Postby Cobra » Thu Jul 06, 2017 3:04 pm

Al_Dente wrote:HAPPY HOUR
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Re: 07/06/2017 Live Update

Postby fehro » Thu Jul 06, 2017 3:08 pm

fehro wrote:
fehro wrote:
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



bouncy bounce.. 2422 resistance.. then open gap.. then triangle restest.. it's all oils fault.. :roll: :lol: sure not tech ;)


stalls at 2423.. oil rally slips again as /CL makes nLOD undercuts oLOD. SPX ,50d 2413.. not good..
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Re: 07/06/2017 Live Update

Postby Wallstreetrader » Thu Jul 06, 2017 3:08 pm

We have a big Head & Shoulders breakdown !!!
Bull Market No dought !
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Re: 07/06/2017 Live Update

Postby Trades with cats » Thu Jul 06, 2017 3:09 pm

ES 09-17 (15 Min)  7_6_2017.jpg
Sitting on the edge of the cliff.
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Re: 07/06/2017 Live Update

Postby Cobra » Thu Jul 06, 2017 3:12 pm

looks like breakdown is more likely. the problem is usually sharp rebound is right after the breakdown so bears still have one challenge ahead.
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Postby MrMiyagi » Thu Jul 06, 2017 3:14 pm

Cobra wrote:looks like breakdown is more likely. the problem is usually sharp rebound is right after the breakdown so bears still have one challenge ahead.


I think this market will flush my kidneys, SPY $237.50 is not that far down.
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Re: 07/06/2017 Live Update

Postby fehro » Thu Jul 06, 2017 3:16 pm

Not pretty dailies..
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