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08/02/2017 Live Update

Re: 08/02/2017 Live Update

Postby Wallstreetrader » Wed Aug 02, 2017 10:15 am

Long Dax again playng possible db

Why long :
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Last edited by Wallstreetrader on Wed Aug 02, 2017 11:09 am, edited 1 time in total.
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Re: 08/02/2017 Live Update

Postby Trades with cats » Wed Aug 02, 2017 10:22 am

3rd day the Smalls have hit the ADR low by 10:30 ish. Can Da Boy'z pull off a hat trick and get us back to green by the close?
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Re: 08/02/2017 Live Update

Postby Wallstreetrader » Wed Aug 02, 2017 10:24 am

fehro wrote:
Wallstreetrader wrote:Gm

Dax Bull Flag ?


or top of a 2-3 week upper channel?


Or swing day... :ugeek:

yesterday i sold my dax longs to early, today give me the enter opportunity didn't hesitate... :ugeek:
Last edited by Wallstreetrader on Wed Aug 02, 2017 10:39 am, edited 1 time in total.
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Re: 08/02/2017 Live Update

Postby fehro » Wed Aug 02, 2017 10:26 am

fehro wrote:
fehro wrote:Index still very dangerous.. bearish rising wedges on the futs, IWM gaps down red.. :roll: SPX 2474 goes look out below…. H&S 60m


dabble short 2477.5 SPX Bonds nHOD, VIXes flat.. /NQ weakens


cover a portion here :) 2469.75
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Re: 08/02/2017 Live Update

Postby johnnywa » Wed Aug 02, 2017 10:30 am

Trades with cats wrote:3rd day the Smalls have hit the ADR low by 10:30 ish. Can Da Boy'z pull off a hat trick and get us back to green by the close?
That would be amazing
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Re: 08/02/2017 Live Update

Postby fehro » Wed Aug 02, 2017 10:32 am

fehro wrote:
fehro wrote:Index still very dangerous.. bearish rising wedges on the futs, IWM gaps down red.. :roll: SPX 2474 goes look out below…. H&S 60m


dabble short 2477.5 SPX Bonds nHOD, VIXes flat.. /NQ weakens


typo.. *should say neckline 2464
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Re: 08/02/2017 Live Update

Postby fehro » Wed Aug 02, 2017 10:39 am

RUT at 50d SMA.. key time TRANsports near 200d SMA
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Screen Shot 2017-08-02 at 7.38.21 AM.png
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Re: 08/02/2017 Live Update

Postby Daniel » Wed Aug 02, 2017 10:43 am

Daniel wrote:IWM still has that major support around 141.
BTFD until proven otherwise!
:(

IWM has clearly proven otherwise, slicing right thru with authority. Interestingly, tho, QQQ at least for now still holding obvious support at 143. Again, divergence.
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Re: 08/02/2017 Live Update

Postby Wallstreetrader » Wed Aug 02, 2017 10:47 am

look like bulls are in give up ... :ugeek:
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Re: 08/02/2017 Live Update

Postby fehro » Wed Aug 02, 2017 10:50 am

fehro wrote:RUT at 50d SMA.. key time TRANsports near 200d SMA


RUT<50d TRAN @ 200d outside reversal candles.. ugliness..
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Screen Shot 2017-08-02 at 7.50.00 AM.png
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Re: 08/02/2017 Live Update

Postby Trades with cats » Wed Aug 02, 2017 10:50 am

TF 10 day average daily range 12.1
20 day average daily range 12.7
todays range so far 19.5

if this isn't a turning point I don't know what is.
Oh, the last and first days of the month other time frame trading nonsense is behind us and after two days of catching a falling knife successfully kinda wondering if today they get cut.
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Re: 08/02/2017 Live Update

Postby fehro » Wed Aug 02, 2017 10:51 am

fehro wrote:
fehro wrote:
fehro wrote:Index still very dangerous.. bearish rising wedges on the futs, IWM gaps down red.. :roll: SPX 2474 goes look out below…. H&S 60m


dabble short 2477.5 SPX Bonds nHOD, VIXes flat.. /NQ weakens


cover a portion here :) 2469.75


cover last here + 2467.75
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Re: 08/02/2017 Live Update

Postby Daniel » Wed Aug 02, 2017 10:52 am

GLD holding above 120, enjoying ongoing dollar weakness.

So far UUP holding $24 (curr 24.06)
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Re: 08/02/2017 Live Update

Postby Daniel » Wed Aug 02, 2017 10:53 am

fehro wrote:cover a portion here 2469.75
cover last here 2467.75

Nicely done, Fehro! No guts, no glory. :D
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Re: 08/02/2017 Live Update

Postby fehro » Wed Aug 02, 2017 11:01 am

fehro wrote:
fehro wrote:
fehro wrote:Index still very dangerous.. bearish rising wedges on the futs, IWM gaps down red.. :roll: SPX 2474 goes look out below…. H&S 60m


dabble short 2477.5 SPX Bonds nHOD, VIXes flat.. /NQ weakens


typo.. *should say neckline 2464


better support at 2464.. almost there.
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Screen Shot 2017-08-02 at 8.01.12 AM.png
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Re: 08/02/2017 Live Update

Postby Trades with cats » Wed Aug 02, 2017 11:28 am

Morning Ramp Express running on time today from 11 to 11:30
Image
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Re: 08/02/2017 Live Update

Postby fehro » Wed Aug 02, 2017 11:32 am

Daniel wrote:
fehro wrote:cover a portion here 2469.75
cover last here 2467.75

Nicely done, Fehro! No guts, no glory. :D


thanks! reload short here… SPX testing yLOD from underneath.. not as safe.. 2470.25 - resistance
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Re: 08/02/2017 Live Update

Postby Cobra » Wed Aug 02, 2017 11:46 am

looks like it's up and up and up till close again.
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Re: 08/02/2017 Live Update

Postby Trades with cats » Wed Aug 02, 2017 11:47 am

ES 09-17 (1000 Tick)  8_2_2017.jpg
ES VWAP 1 handle above yesterday low, second test in 15 minutes. If 2469 holds then the upward New York Drift is on.
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Re: 08/02/2017 Live Update

Postby fehro » Wed Aug 02, 2017 11:56 am

fehro wrote:
Daniel wrote:
fehro wrote:cover a portion here 2469.75
cover last here 2467.75

Nicely done, Fehro! No guts, no glory. :D


thanks! reload short here… SPX testing yLOD from underneath.. not as safe.. 2470.25 - resistance



LODs go on SPX and indexes look for a possible sharp drop to 2440-38ish open gap
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