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07/07/2017 Live Update

Re: 07/07/2017 Live Update

Postby te_fern » Fri Jul 07, 2017 3:38 pm

Yes, FAS has rolled back under the resistance line!!
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Re: 07/07/2017 Live Update

Postby Daniel » Fri Jul 07, 2017 3:43 pm

te_fern wrote:Yes, FAS has rolled back under the resistance line!!

Clear triangular pattern in the short-intermediate timeframe.

Bullish case needs leadership now from the banks. 10-year yield has popped up to the 2.4% region, and EUFN (european finnies) is one of the stronger ETFs of late.

Bulls say go Finnies go, and bears do not want to see a new leg higher in any of these fin'l sub-sectors.

Addendum: Just now stumbled on this, courtesy of Mr.TopStep
"Europe Financials ETF (EUFN) Hits a New 52-Week High"
Last edited by Daniel on Fri Jul 07, 2017 3:49 pm, edited 1 time in total.
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Re: 07/07/2017 Live Update

Postby Cobra » Fri Jul 07, 2017 3:45 pm

pullback indeed bought, now let's see if bears can make double top.
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Re: 07/07/2017 Live Update

Postby Cobra » Fri Jul 07, 2017 3:52 pm


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Re: 07/07/2017 Live Update

Postby Cobra » Fri Jul 07, 2017 3:54 pm

well, guess that's it for today. Monday has been very bull friendly recently. thank you guys, I'll see you in another thread soon.

please don't forget our weekly sentiment poll which will be posted right after the close.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
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Re: 07/07/2017 Live Update

Postby te_fern » Fri Jul 07, 2017 3:56 pm

I'll be traveling next week and back in the office on Friday. Everyone have a good weekend and week!
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Re: 07/07/2017 Live Update

Postby te_fern » Fri Jul 07, 2017 3:56 pm

te_fern wrote:I'll be traveling next week and back in the office on Friday. Everyone have a good weekend and week!
And thanks Cobra!
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Re: 07/07/2017 Live Update

Postby Daniel » Fri Jul 07, 2017 4:03 pm

te_fern wrote:
te_fern wrote:I'll be traveling next week and back in the office on Friday. Everyone have a good weekend and week!
And thanks Cobra!


Always thanks to Cobra. Have a good trip. GLTA
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Re: 07/07/2017 Live Update

Postby Cobra » Fri Jul 07, 2017 4:08 pm

our weekly sentiment poll is here:
viewtopic.php?f=9&t=2529

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Re: 07/07/2017 Live Update

Postby Cobra » Fri Jul 07, 2017 4:09 pm

te_fern wrote:
te_fern wrote:I'll be traveling next week and back in the office on Friday. Everyone have a good weekend and week!
And thanks Cobra!


You're welcome.

Have a good time!

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