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08/04/2017 Live Update

08/04/2017 Live Update

Postby Cobra » Fri Aug 04, 2017 9:24 am

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double top or not, wait and see.
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Re: 08/04/2017 Live Update

Postby Cobra » Fri Aug 04, 2017 9:27 am


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Re: 08/04/2017 Live Update

Postby fehro » Fri Aug 04, 2017 9:35 am

INDU very happy.. gaps up to nATH .. again.. :roll: :lol: everyone else.. flat.. :lol:

nibbled short on SPX in the pre-market *2476.5 .. 2465 to the downside key.. it goes. looking for 2438ish.

SPX gaps up to fill yGAP
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Re: 08/04/2017 Live Update

Postby fehro » Fri Aug 04, 2017 9:52 am

DXY on the move.. be very careful on gold and oil…. the dollar has huge upside potential.. very long term.. "IF" it goes… gold could get absolutely destroyed… /GC 1250-1235 confluence of 20d/50d/200d50w/20w/10month/20month/50month KEY. It goes.. then 1210 - 1190 20month, and 8 month confluence of trendline supports.. that goes.. fast move to $1130ish.. .. $1130 goes.. the look to $925… acceleration thin zone at 1050-$925 expect HUGE fast moves.
$1050 goes.. multi year H&S target $700.. yup call me crazy. :roll: :) ;) :mrgreen:
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Re: 08/04/2017 Live Update

Postby fehro » Fri Aug 04, 2017 9:54 am

fehro wrote:DXY on the move.. be very careful on gold and oil…. the dollar has huge upside potential.. very long term.. "IF" it goes… gold could get absolutely destroyed… /GC 1250-1235 confluence of 20d/50d/200d50w/20w/10month/20month/50month KEY. It goes.. then 1210 - 1190 20month, and 8 month confluence of trendline supports.. that goes.. fast move to $1130ish.. .. $1130 goes.. the look to $925… acceleration thin zone at 1050-$925 expect HUGE fast moves.
$1050 goes.. multi year H&S target $700.. yup call me crazy. :roll: :) ;) :mrgreen:



/GC weekly candle shooting star.. daily outside reversal.. buckle up
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Re: 08/04/2017 Live Update

Postby Wallstreetrader » Fri Aug 04, 2017 10:01 am

GM

SPX still on range to no where know direction :mrgreen: ...

got stoped :(
Last edited by Wallstreetrader on Fri Aug 04, 2017 10:29 am, edited 7 times in total.
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Re: 08/04/2017 Live Update

Postby Cobra » Fri Aug 04, 2017 10:02 am


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Re: 08/04/2017 Live Update

Postby Cobra » Fri Aug 04, 2017 10:03 am

morning hourly black bar
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Re: 08/04/2017 Live Update

Postby fehro » Fri Aug 04, 2017 10:15 am

fehro wrote:INDU very happy.. gaps up to nATH .. again.. :roll: :lol: everyone else.. flat.. :lol:

nibbled short on SPX in the pre-market *2476.5 .. 2465 to the downside key.. it goes. looking for 2438ish.

SPX gaps up to fill yGAP



Cover 1/3 + $4.00
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Re: 08/04/2017 Live Update

Postby Trades with cats » Fri Aug 04, 2017 10:21 am

looking like we are done on the short side for now.
ES ADR low 2467.75 today and the market got real close to that level. ADR low was violated Wednesday by two handles, but historically it has been pretty solid indicator of the bottom.
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Re: 08/04/2017 Live Update

Postby Trades with cats » Fri Aug 04, 2017 10:23 am

Small caps looking solid, refusing to drop this morning, just consolidating in a range, so far. Not tradable by me yet, but clearly something going on.
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Re: 08/04/2017 Live Update

Postby te_fern » Fri Aug 04, 2017 10:25 am

In keeping with the watch-out for a gold sell-off discussion, DUST the levered Gold Miners ticker is rallying pretty hard this morning...
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Re: 08/04/2017 Live Update

Postby fehro » Fri Aug 04, 2017 10:27 am

DXY a mere 0.50 away 94.26 left chart daily… 30m right chart..
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Re: 08/04/2017 Live Update

Postby te_fern » Fri Aug 04, 2017 10:27 am

The TICKs look like they are set up for a rally.....
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Re: 08/04/2017 Live Update

Postby Wallstreetrader » Fri Aug 04, 2017 10:31 am

Up trend day...
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Re: 08/04/2017 Live Update

Postby te_fern » Fri Aug 04, 2017 10:31 am

Levered smalls showing some life this morning....
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Re: 08/04/2017 Live Update

Postby Trades with cats » Fri Aug 04, 2017 10:43 am

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Re: 08/04/2017 Live Update

Postby JFR » Fri Aug 04, 2017 10:57 am

I don't know what caused the spike down on TICK and SPY, but it did help me get out of a scalp short that was stuck.
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Re: 08/04/2017 Live Update

Postby Wallstreetrader » Fri Aug 04, 2017 11:07 am

fat finger test :mrgreen: :mrgreen:
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Re: 08/04/2017 Live Update

Postby te_fern » Fri Aug 04, 2017 11:21 am

The QQQ's broke out, but the big guys are still stalled...
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