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08/03/2017 Live Update

Re: 08/03/2017 Live Update

Postby QED » Thu Aug 03, 2017 2:31 pm

Interesting …

MrTopStep: RSI scanner suggesting that Monday's close will be lower than $SPX 2477.57 y'day.
https://mrtopstep.com/xronos/#/scanner

How to read the scanner table?
https://mrtopstep.com/read-mrtopstep-rsi-scanner/
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Re: 08/03/2017 Live Update

Postby Al_Dente » Thu Aug 03, 2017 2:42 pm

GS rebuilt its quant unit.
**Less leverage
**Driven by factors such as consumer sentiment from social media. :o
https://www.bloomberg.com//news/article ... 7-meltdown
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Re: 08/03/2017 Live Update

Postby QED » Thu Aug 03, 2017 2:46 pm

.
Springheel Jack: The Year Of The Triangle
http://www.channelsandpatterns.net/2017 ... angle.html

Thanks Jack! :-)
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 3:02 pm

It has been reported that models using soft data have never proven to be accurate.
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Re: 08/03/2017 Live Update

Postby Al_Dente » Thu Aug 03, 2017 3:05 pm

HAPPY HOUR
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 3:07 pm

Unless something has changed staff members of the House Finance Committee now have the monthly jobs report. I have not seen any attempts at correlating late day trading to the report. A couple of years ago Goldman's head economist would change his forecast around now but I assume when that became obvious he had to stop.
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Re: 08/03/2017 Live Update

Postby QED » Thu Aug 03, 2017 3:12 pm

.
“History never repeats itself, but the Kaleidoscopic combinations of the pictured present often seem to be constructed out of the broken fragments of antique legends.”

— Mark Twain and Charles Dudley Warner
.
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Re: 08/03/2017 Live Update

Postby QED » Thu Aug 03, 2017 3:32 pm

SELL PROGRAMS INCOMING!!!
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 3:32 pm

Selloff into the close?
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 3:40 pm

Small caps have been water boarded all day. Finally submerged to the ADR low. The rest of the week we hit it within 60 minutes of the open.
Monday 10:32 1421.1
Tuesday 10:25 1419.4
Wednesday 10:20 1415.1
Today 3:33 1401.3
So things have changed :D
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Re: 08/03/2017 Live Update

Postby fehro » Thu Aug 03, 2017 3:40 pm

fehro wrote:
fehro wrote:RUT still struggles at 50d SMA .. dabble sm short here..SPY struggles to fill mooring gap.. not sure.


looking to yLOD to be taken out buckle up.. possible huge move coming



slowly but surely.. :) :roll: VIX spikes
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Re: 08/03/2017 Live Update

Postby QED » Thu Aug 03, 2017 3:46 pm

Inside day on /ES, /NQ and /YM ...
We will not stay here long ... moving day coming soon! 8-)
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Re: 08/03/2017 Live Update

Postby Cobra » Thu Aug 03, 2017 3:52 pm


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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 3:53 pm

Can't move without fuel. Need more shorts and a catalyst to touch that new high before it is supposed to roll over.
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Re: 08/03/2017 Live Update

Postby Cobra » Thu Aug 03, 2017 3:54 pm

well, guess that's it for today. Non farm payroll day tomorrow has been generally bull friendly recently. thank you guys, I'll see you tomorrow.

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Re: 08/03/2017 Live Update

Postby brokebybernacke2 » Thu Aug 03, 2017 4:12 pm

long term dart:
a pull back starts bit later this month once 2500sp hit, august with anticipation of budget ceiling /tax deal deadlines that will go into fall. 5%er. some measure will be passed to pacify all. off we head to new highs, my target is sp2664 (666x4). 2018 some time...then a bigger correction, via something we don't know about... :twisted: we need more exuberance and calm to build..
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