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07/20/2017 Live Update

Re: 07/20/2017 Live Update

Postby fehro » Thu Jul 20, 2017 11:44 am

Indexes LOD go.. look for a deeper drop to yLOD, yGAPS .. Tech trying desperately to keep us up.. QQQ strongest.. IWM weakest
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Re: 07/20/2017 Live Update

Postby Cobra » Thu Jul 20, 2017 11:58 am


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Re: 07/20/2017 Live Update

Postby Cobra » Thu Jul 20, 2017 11:59 am

we're on the dashed blue arrow now. I expect a triangle.
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Re: 07/20/2017 Live Update

Postby fehro » Thu Jul 20, 2017 12:32 pm

fehro wrote:not so rosy all over.. :roll: TRANsports.. takes out last 2 weeks LOW nLOM testing Jun highs.. should provide support


a tad heavy volume yesterday.. but I'm sure it's fine… Tech and bios up today.. drugs and likes will save us! :roll: :lol: :lol:
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Re: 07/20/2017 Live Update

Postby Al_Dente » Thu Jul 20, 2017 12:47 pm

QQQ new high
Semis lag
The angle on QQQ is a bit steep. I’ve been expecting it to fan out a bit but it hasn’t yet
60m
720qqq 60.png.png
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Re: 07/20/2017 Live Update

Postby Cobra » Thu Jul 20, 2017 12:50 pm

maybe it's range high now.
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Re: 07/20/2017 Live Update

Postby Al_Dente » Thu Jul 20, 2017 1:04 pm

OJ parole hearing
http://news3lv.com/live
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Re: 07/20/2017 Live Update

Postby Daniel » Thu Jul 20, 2017 2:06 pm

SPY total range so far today: $1

Movements look bigger on charts when ranges get this small on ETFs-- but these fluctuations of 0.1 to 0.2% up or down are really just the random market noise of a stable and un-agitated market.

..and the bull grinds on.
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Re: 07/20/2017 Live Update

Postby Wallstreetrader » Thu Jul 20, 2017 2:09 pm

Dax has bear flag broked spx next ?
Bull Market No dought !
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Re: 07/20/2017 Live Update

Postby Al_Dente » Thu Jul 20, 2017 2:20 pm

Day to day AdvanceDecline issues are fickle, so this 10ma smoothes it out (gray line behind price)
TODAY the average AD is about to break out and confirm this levitation
That’s a surprise because this average AD is on the full nasdaq, not just on the ndx
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720ad nas.png.png
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Re: 07/20/2017 Live Update

Postby te_fern » Thu Jul 20, 2017 2:41 pm

SPX has found resistance all day around the red MA line. Hopefully it will happen again!
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Re: 07/20/2017 Live Update

Postby te_fern » Thu Jul 20, 2017 2:50 pm

Got the bounce, now it needs to hold it...
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Re: 07/20/2017 Live Update

Postby Cobra » Thu Jul 20, 2017 2:58 pm

not exactly triangle, but still range actions: donw up down up, now let's see if bulls can touch the blue line again which if they can then bias is up.
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Re: 07/20/2017 Live Update

Postby Al_Dente » Thu Jul 20, 2017 3:10 pm

HAPPY HOUR
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Re: 07/20/2017 Live Update

Postby fehro » Thu Jul 20, 2017 3:15 pm

Wallstreetrader wrote:...Fed Downsizing when ?


At the highs of course. :roll: :lol:
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Re: 07/20/2017 Live Update

Postby Cobra » Thu Jul 20, 2017 3:20 pm

consolidation here for a few bars instead of pullback then breakout would be very likely. wait and see.
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Re: 07/20/2017 Live Update

Postby Al_Dente » Thu Jul 20, 2017 3:26 pm

Watch MSFT earnings after the close
(MSFT is 2.34% of the dow)
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Re: 07/20/2017 Live Update

Postby Cobra » Thu Jul 20, 2017 3:36 pm

if not because close is near, I'd be very sure breakout coming. now still breakout is more likely.
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Re: 07/20/2017 Live Update

Postby te_fern » Thu Jul 20, 2017 3:40 pm

Levered financials generally went sideways today...
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Re: 07/20/2017 Live Update

Postby te_fern » Thu Jul 20, 2017 3:43 pm

Levered semi's were up today after a rough start..
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