Page 3 of 3

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 2:31 pm
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/

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 2:42 pm
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

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 2:46 pm
by QED
.
Springheel Jack: The Year Of The Triangle
http://www.channelsandpatterns.net/2017 ... angle.html

Thanks Jack! :-)

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:02 pm
by Trades with cats
It has been reported that models using soft data have never proven to be accurate.

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:05 pm
by Al_Dente
HAPPY HOUR
Image

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:07 pm
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.

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:12 pm
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
.

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:32 pm
by QED
SELL PROGRAMS INCOMING!!!

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:32 pm
by Trades with cats
Selloff into the close?

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:40 pm
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

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:40 pm
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

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:46 pm
by QED
Inside day on /ES, /NQ and /YM ...
We will not stay here long ... moving day coming soon! 8-)

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:52 pm
by Cobra

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:53 pm
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.

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 3:54 pm
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

Re: 08/03/2017 Live Update

Posted: Thu Aug 03, 2017 4:12 pm
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..