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08/16/2017 Live Update

Re: 08/16/2017 Live Update

Postby fehro » Wed Aug 16, 2017 2:48 pm

brokebybernacke2 wrote:
fehro wrote:
fehro wrote:buckle up.. don't like indexes look…. careful of a huge shocking down move


those dailies.. pure ugliness if they close near here


need a huge shock for a huge shocking move....


Yellen calls for a "safe space" for the indexes.. no shorting allowed. :roll: :lol: :lol: :lol:
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Re: 08/16/2017 Live Update

Postby brokebybernacke2 » Wed Aug 16, 2017 2:58 pm

fehro wrote:
brokebybernacke2 wrote:
fehro wrote:
fehro wrote:buckle up.. don't like indexes look…. careful of a huge shocking down move


those dailies.. pure ugliness if they close near here


need a huge shock for a huge shocking move....


Yellen calls for a "safe space" for the indexes.. no shorting allowed. :roll: :lol: :lol: :lol:


what is "shorting"? :shock:
Vice President Mile Pence is cutting short his trip to Latin America so he can join the president at a meeting about North Korea. The White House announced Wednesday that Pence would travel to Camp David with the president on Friday to meet with the White House national security team to discuss South Asia strategy.
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Re: 08/16/2017 Live Update

Postby Al_Dente » Wed Aug 16, 2017 3:01 pm

HAPPY HOUR
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Re: 08/16/2017 Live Update

Postby Al_Dente » Wed Aug 16, 2017 3:03 pm

Interesting but GRAIN OF SALT bubble charts
Because:
1) If I had a dollar every time margin debt signaled a short, I would not be a rich person
2) Historically when opaque China looks like trouble, they like to tinker and change stuff, and poooof, everything’s fine
3) Historically, bubbles take longer than you expect to pop
http://www.zerohedge.com/news/2017-08-1 ... e-blinders
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Re: 08/16/2017 Live Update

Postby Trades with cats » Wed Aug 16, 2017 3:10 pm

ES 09-17 (10000 Tick)  8_16_2017.jpg
Today sure looks like a double top and drop to the middle of the range. Going to need something strong to break out of this range! :)
Had to reload, couldn't read the difference between 1,000 and 10,000 tick in JPEG name :o
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Postby MrMiyagi » Wed Aug 16, 2017 3:21 pm

Al_Dente wrote:HAPPY HOUR


LOL!!!!!!
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Re: 08/16/2017 Live Update

Postby fehro » Wed Aug 16, 2017 3:33 pm

RUT nears 200d SMA again 1373.5 .. it goes look to 1350 range.. 2017 lows.. horiz support… that goes.. very fast trip to 1250

Weekly RUT
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Screen Shot 2017-08-16 at 12.32.12 PM.png
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Re: 08/16/2017 Live Update

Postby Wallstreetrader » Wed Aug 16, 2017 3:47 pm

Market turn to buy mode ?
I was short but with an clearly invertedbi jump out ... :ugeek:
Last edited by Wallstreetrader on Wed Aug 16, 2017 3:56 pm, edited 1 time in total.
Bull Market No dought !
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Re: 08/16/2017 Live Update

Postby fehro » Wed Aug 16, 2017 3:50 pm

Wallstreetrader wrote:Market turn to buy mode ?

\
take a close look at those daily candles… pure ugliness.. look for huge gap down potential tomorrow
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Re: 08/16/2017 Live Update

Postby Cobra » Wed Aug 16, 2017 3:51 pm


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Re: 08/16/2017 Live Update

Postby Cobra » Wed Aug 16, 2017 3:53 pm

well, guess that's it for today. Thursday tomorrow has been generally bear friendly. thank you guys, I'll see you tomorrow.

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Re: 08/16/2017 Live Update

Postby brokebybernacke2 » Wed Aug 16, 2017 3:54 pm

fehro wrote:
Wallstreetrader wrote:Market turn to buy mode ?

\
take a close look at those daily candles… pure ugliness.. look for huge gap down potential tomorrow


well, for once, think a solid maybe here.. ;)
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Re: 08/16/2017 Live Update

Postby Trades with cats » Wed Aug 16, 2017 3:58 pm

Update on Elliott Wave Gurus-
1st opinion SPX 2479.5 and above count invalidated. Looking for a sharp plunge next week
2nd opinion Market could go either way at this point, back in the channel playing out an expanded flat.

So 1 for down and one for probably sideways, nothing bullish.
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Re: 08/16/2017 Live Update

Postby Al_Dente » Wed Aug 16, 2017 4:01 pm

why did XLK make an ATH today?
816xlk.png.png
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Re: 08/16/2017 Live Update

Postby Al_Dente » Wed Aug 16, 2017 4:17 pm

sheeesh, XLK is overweight these:
816 xlk ow.png.png
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