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08/11/2017 Live Update

08/11/2017 Live Update

Postby Cobra » Fri Aug 11, 2017 9:23 am

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mini rebound target 2445.75, if it cannot reach there then maybe more down ahead. if it can reach there then it's the first good sign for bulls.
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Re: 08/11/2017 Live Update

Postby Cobra » Fri Aug 11, 2017 9:26 am


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Re: 08/11/2017 Live Update

Postby Trades with cats » Fri Aug 11, 2017 9:33 am

Reported that overnight volume was 4 times normal and roughly half of yesterday's day volume. So the drop to fill the last major July gap (overnight low 2430 ES) I do think should count. Looks like buyers came in big time with a strong move off of the 2430 double bottom.
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Re: 08/11/2017 Live Update

Postby Trades with cats » Fri Aug 11, 2017 9:48 am

Oil- Société Générale reporting that (3rd hand from Twitter) oil producers are not waiting for further price improvement but are locking in hedges now. Duh, 50 bucks is break even and the banks want to get paid next year. All the hurricanes coming into the gulf should temporarily cut back on imports before the refiners turn it down for the fall switch over so perhaps unpredictable inventory reports with strong selling by shale drillers. Who knows if the hedge funds are going to get in trouble elsewhere and have to dump oil positions to raise cash.
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Re: 08/11/2017 Live Update

Postby fehro » Fri Aug 11, 2017 9:54 am

bouncy bounce time :roll: :lol: $RUT tags 200d SMA lower channel
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Re: 08/11/2017 Live Update

Postby Wallstreetrader » Fri Aug 11, 2017 9:59 am

Gm

Market still very dangerous !
Good weekend to eveyones and dont be stuck ... :ugeek:
... probably a yesterday similar candle could be in play
Last edited by Wallstreetrader on Fri Aug 11, 2017 10:01 am, edited 1 time in total.
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Re: 08/11/2017 Live Update

Postby Cobra » Fri Aug 11, 2017 10:00 am


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Re: 08/11/2017 Live Update

Postby fehro » Fri Aug 11, 2017 10:01 am

mind the 50d/20d SMAs.. VIX daily .. way way way too early in the day.. but toppy… possible quiet range day? Typical Friday after a big move :roll: ?
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Re: 08/11/2017 Live Update

Postby Trades with cats » Fri Aug 11, 2017 10:07 am

TF 09-17 (350 Tick)  8_11_2017.jpg

TF fut's looking positive at the 350 tick level. Nice move up off the night low and the half way point on that move has now been tested twice and held. Waiting for selling pressure to subside and then up we go would be my current theory.
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Re: 08/11/2017 Live Update

Postby Daniel » Fri Aug 11, 2017 10:10 am

fehro wrote:bouncy bounce time :roll: :lol: $RUT tags 200d SMA lower channel

Certainly does look, to the naked eye, like a low risk swing entry zone.
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Re: 08/11/2017 Live Update

Postby Trades with cats » Fri Aug 11, 2017 10:11 am

ES yesterday's VWAP 2448 is also the 20 day ADR high level, just say'in makes a tasty target. :)
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Re: 08/11/2017 Live Update

Postby Al_Dente » Fri Aug 11, 2017 10:15 am

5 day, 5 min, percentages
811five day percent.png.png
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Re: 08/11/2017 Live Update

Postby Al_Dente » Fri Aug 11, 2017 10:28 am

True or false?
When folks are scared (of war, for example) they tend to buy gold
Okay then, let’s line up GLD with the others during the 2008 crash
RELAX, THIS IS JUST AN EYEBALL EXERCISE NOT A PREDICTION
GLD is in thick gold for comparison, percentage, weekly, 2007-2008

811gld 2008.png.png
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Re: 08/11/2017 Live Update

Postby Wallstreetrader » Fri Aug 11, 2017 10:40 am

2008 was different, these time options betther ;)
Vix is the best indicator why not big drop as last moves what is on the cards in the next days ???

Bots confused again ...bombs droped !gl
Last edited by Wallstreetrader on Fri Aug 11, 2017 10:58 am, edited 2 times in total.
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Re: 08/11/2017 Live Update

Postby fehro » Fri Aug 11, 2017 10:49 am

:o :lol: TRANSports :roll: takes out yHOD.. full reversal of yesterday
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Re: 08/11/2017 Live Update

Postby Al_Dente » Fri Aug 11, 2017 11:09 am

heat map
out of banks, into tech
http://finviz.com/map.ashx

POSTED YESTERDAY:
Interesting that on the way up the heat map was red green, with rotation out of X and into X
And the AD was often plenty of green volume in a handful of issues (narrow buying)

Now on the way down the heat map is almost all red
And the AD shows plenty of red volume in plenty of issues (broad selling)
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Re: 08/11/2017 Live Update

Postby Trades with cats » Fri Aug 11, 2017 11:17 am

Just supposing we were all based out of London/Frankfurt and it is almost time for Cobra's end of the day message. Well http://finviz.com/futures_charts.ashx?t=INDICES&p=m5 you would be hard pressed to have not had a good day. So I am thinking they will be taking their nice day profits off the table and heading out to a decent weekend. :D
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Re: 08/11/2017 Live Update

Postby Cobra » Fri Aug 11, 2017 11:36 am

beware of possible higher low therefore the low was in. just some chances.
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Re: 08/11/2017 Live Update

Postby Daniel » Fri Aug 11, 2017 11:46 am

Al_Dente wrote:out of banks, into tech

15min timeframe, of the major indexes, QQQ is the first (only) to have the 20ema flatten--the others are still strongly downslope.
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Re: 08/11/2017 Live Update

Postby Trades with cats » Fri Aug 11, 2017 12:03 pm

ES still moving around inside the Fib retrace zone of the morning run up that started at 9:50 EST or so. My momentum indicators think it's the weekend, they are flat (must be lounging around a pool, as it is still really hot and smokey in the intermountain west). :)
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