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07/13/2017 Live Update

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Cobra
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07/13/2017 Live Update

Post by Cobra »

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the pullback likely will be bought.
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Cobra
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Re: 07/13/2017 Live Update

Post by Cobra »


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fehro
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Re: 07/13/2017 Live Update

Post by fehro »

only thing going up is fence sitters… :roll: :lol: :lol: :lol: http://www.aaii.com/sentimentsurvey/sent_results
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Daniel
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Re: 07/13/2017 Live Update

Post by Daniel »

fehro wrote:only thing going up is fence sitters… :lol:
Mike Burke of Investors Intelligence wrote quite a bit about "fence-sitters", "Neutral postures", "correction warning" and other 'tweener states.

Hardest zone to accurately define.

He and others always use actual-money sentiment indicators like the Rydex Bull/Bear ratio and such to ascertain what real money is doing.
Daniel
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Re: 07/13/2017 Live Update

Post by Daniel »

qqq/iwm divergence continues today.
Trades with cats
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Re: 07/13/2017 Live Update

Post by Trades with cats »

Smalls are into the Yellen gap.

Would be super ironic if they closed the gap while she is testifying to the senate.
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Al_Dente
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Re: 07/13/2017 Live Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
QED
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Re: 07/13/2017 Live Update

Post by QED »

Fehro, your best guess:
On the /ES ... which do we see first: 2,400 or 2,500?
Thanks! :)
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Re: 07/13/2017 Live Update

Post by Cobra »


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fehro
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Re: 07/13/2017 Live Update

Post by fehro »

QED wrote:Fehro, your best guess:
On the /ES ... which do we see first: 2,400 or 2,500?
Thanks! :)
Using SPX as a proxy.. as I prefer.. SPX 2466.64 :roll: :twisted: :lol: (2008 666.79) not sure.. NDX/COMPQ lag.. no new ATH on them.. the 9 year rally is toast. Tag that level and reverse.. and hit the lower pink at Jackson Hole in AUG.. with no new ATH NDX/COMPQ .. all hell breaks loose in the fall .. sharp drop. fwiw :roll:

2yr target tagged -ish
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Screen Shot 2017-07-13 at 7.08.26 AM.png
Screen Shot 2017-07-13 at 7.06.15 AM.png
Long term 2yr target tagged.
Long term 2yr target tagged.
Screen Shot 2017-07-13 at 7.03.06 AM.png
johnnywa
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Re: 07/13/2017 Live Update

Post by johnnywa »

Trades with cats wrote:Smalls are into the Yellen gap.

Would be super ironic if they closed the gap while she is testifying to the senate.
Small crapers want gap closure or do they keep running down
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Re: 07/13/2017 Live Update

Post by Trades with cats »

Smalls breaking down out of the range, clearly into the gap for now. ES into red, but a ways to go to reach the gap.
fehro
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Re: 07/13/2017 Live Update

Post by fehro »

fehro wrote:
QED wrote:Fehro, your best guess:
On the /ES ... which do we see first: 2,400 or 2,500?
Thanks! :)
Using SPX as a proxy.. as I prefer.. SPX 2466.64 :roll: :twisted: :lol: (2008 666.79) not sure.. NDX/COMPQ lag.. no new ATH on them.. the 9 year rally is toast. Tag that level and reverse.. and hit the lower pink at Jackson Hole in AUG.. with no new ATH NDX/COMPQ .. all hell breaks loose in the fall .. sharp drop. fwiw :roll:

2yr target tagged -ish
Or Today? :roll: top? :lol: :lol: :lol:
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Re: 07/13/2017 Live Update

Post by Trades with cats »

What did she say ?
fehro
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Re: 07/13/2017 Live Update

Post by fehro »

Trades with cats wrote:What did she say ?
she saw my chart. :roll: :lol: :lol: :lol:
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Cobra
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Re: 07/13/2017 Live Update

Post by Cobra »


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fehro
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Re: 07/13/2017 Live Update

Post by fehro »

SPX pressing for open gap 2450-52 near ATH, June
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Screen Shot 2017-07-13 at 9.25.43 AM.png
Daniel
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Re: 07/13/2017 Live Update

Post by Daniel »

SPX near ATH, and NYSE McClellan Oscillator is just barely positive-- nowhere near an overbought reading. Lots of overhead room.

A classic bull grinder. Boring, boring, boring... a wormhole to successive new highs, lots of low cost capital (aka 'cheap money') fueling it.

"We are flying at an altitude of 39,000 feet, Captain High at your service"
- Jefferson Airplane

Captain Fed, piloting 'TransLove Airways' to the stratosphere.

We need BB52's chart, showing the moon in the upper right hand corner.

:)
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Al_Dente
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Re: 07/13/2017 Live Update

Post by Al_Dente »

20 days
Big five tech
Percentage
713qqq 20.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Wallstreetrader
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Re: 07/13/2017 Live Update

Post by Wallstreetrader »

GM

Bull markets are so sick :mrgreen: :mrgreen:
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