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Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 11:44 am
by fehro
Indexes LOD go.. look for a deeper drop to yLOD, yGAPS .. Tech trying desperately to keep us up.. QQQ strongest.. IWM weakest
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 11:58 am
by Cobra
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 11:59 am
by Cobra
we're on the dashed blue arrow now. I expect a triangle.
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 12:32 pm
by fehro
fehro wrote:not so rosy all over..
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!
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 12:47 pm
by Al_Dente
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
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 12:50 pm
by Cobra
maybe it's range high now.
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 1:04 pm
by Al_Dente
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 2:06 pm
by Daniel
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.
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 2:09 pm
by Wallstreetrader
Dax has bear flag broked spx next ?
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 2:20 pm
by Al_Dente
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
Daily
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 2:41 pm
by te_fern
SPX has found resistance all day around the red MA line. Hopefully it will happen again!
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 2:50 pm
by te_fern
Got the bounce, now it needs to hold it...
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 2:58 pm
by Cobra
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.
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 3:10 pm
by Al_Dente
HAPPY HOUR
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 3:15 pm
by fehro
Wallstreetrader wrote:...Fed Downsizing when ?
At the highs of course.
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 3:20 pm
by Cobra
consolidation here for a few bars instead of pullback then breakout would be very likely. wait and see.
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 3:26 pm
by Al_Dente
Watch MSFT earnings after the close
(MSFT is 2.34% of the dow)
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 3:36 pm
by Cobra
if not because close is near, I'd be very sure breakout coming. now still breakout is more likely.
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 3:40 pm
by te_fern
Levered financials generally went sideways today...
Re: 07/20/2017 Live Update
Posted: Thu Jul 20, 2017 3:43 pm
by te_fern
Levered semi's were up today after a rough start..