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08/03/2017 Live Update

QED
Posts: 992
Joined: Wed Feb 11, 2015 2:04 pm

Re: 08/03/2017 Live Update

Post by QED »

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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Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/03/2017 Live Update

Post by Al_Dente »

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
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
QED
Posts: 992
Joined: Wed Feb 11, 2015 2:04 pm

Re: 08/03/2017 Live Update

Post by QED »

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

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

Post by Trades with cats »

It has been reported that models using soft data have never proven to be accurate.
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Al_Dente
Posts: 28535
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Re: 08/03/2017 Live Update

Post by Al_Dente »

HAPPY HOUR
Image
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/03/2017 Live Update

Post by Trades with cats »

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.
QED
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Joined: Wed Feb 11, 2015 2:04 pm

Re: 08/03/2017 Live Update

Post by QED »

.
“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
.
QED
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Joined: Wed Feb 11, 2015 2:04 pm

Re: 08/03/2017 Live Update

Post by QED »

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

Post by Trades with cats »

Selloff into the close?
Trades with cats
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Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/03/2017 Live Update

Post by Trades with cats »

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
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/03/2017 Live Update

Post by fehro »

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
QED
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Re: 08/03/2017 Live Update

Post by QED »

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

Post by Cobra »


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Trades with cats
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Re: 08/03/2017 Live Update

Post by Trades with cats »

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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Cobra
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Re: 08/03/2017 Live Update

Post by Cobra »

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.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
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brokebybernacke2
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Re: 08/03/2017 Live Update

Post by brokebybernacke2 »

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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