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08/17/2017 Live Update

Re: 08/17/2017 Live Update

Postby Al_Dente » Thu Aug 17, 2017 10:30 am

note the gaps
817all 5.png
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Re: 08/17/2017 Live Update

Postby Trades with cats » Thu Aug 17, 2017 10:32 am

Nice technical moves, that was right in the 50 % retrace zone on the bounce!
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Re: 08/17/2017 Live Update

Postby fehro » Thu Aug 17, 2017 10:36 am

Trades with cats wrote:Nice technical moves, that was right in the 50 % retrace zone on the bounce!


SPX bounced off 50d SMA at LOD with INDU bounce off 20d SMA at LOD TRANSports off 20d SMA and RUT off 200d SMA :roll: bouncy bounce! :lol: :lol:
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Re: 08/17/2017 Live Update

Postby Trades with cats » Thu Aug 17, 2017 10:43 am

Trampoline time testing that ADR low again!
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Re: 08/17/2017 Live Update

Postby fehro » Thu Aug 17, 2017 10:46 am

fehro wrote:
Trades with cats wrote:Nice technical moves, that was right in the 50 % retrace zone on the bounce!


SPX bounced off 50d SMA at LOD with INDU bounce off 20d SMA at LOD TRANSports off 20d SMA and RUT off 200d SMA :roll: bouncy bounce! :lol: :lol:


oh.. and /CL LOD at 50d SMA :roll: :lol:
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Re: 08/17/2017 Live Update

Postby Wallstreetrader » Thu Aug 17, 2017 10:47 am

GM

Dax 77 hole to close ?
maybe the low is already in for today...
... gap down tomorrow ?
shorts reopened bf...
Last edited by Wallstreetrader on Thu Aug 17, 2017 11:24 am, edited 3 times in total.
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Re: 08/17/2017 Live Update

Postby brokebybernacke2 » Thu Aug 17, 2017 10:56 am

this 2450ish level kinda key imo...it goes, bears will have at it...or should...
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Re: 08/17/2017 Live Update

Postby Al_Dente » Thu Aug 17, 2017 10:58 am

HIGH-LOW PERCENT [EOD] shows the bulk of the lows are clearly coming from energy
THIS IS WEEKLY
817lows.png
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Re:

Postby fehro » Thu Aug 17, 2017 11:09 am

MrMiyagi wrote:New York Times saying Gary Cohn is not happy with Trump, may resign. This could tank the markets as he's the one looking into tax reform.


Cohn - we spiked down to the 50d SPX, RUT 200d, AND INDU 20d on the rumor.. now bouncing on the news.. :roll: :lol: NYT - rumour WH - news "he remains"
Last edited by fehro on Thu Aug 17, 2017 11:11 am, edited 1 time in total.
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Re: 08/17/2017 Live Update

Postby Al_Dente » Thu Aug 17, 2017 11:11 am

“The Growing List of Money Managers Cutting Their Exposure to Junk Bonds”
https://www.bloomberg.com/news/articles ... is-growing

817junk.png.png
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Re: Re:

Postby fehro » Thu Aug 17, 2017 11:14 am

fehro wrote:
MrMiyagi wrote:New York Times saying Gary Cohn is not happy with Trump, may resign. This could tank the markets as he's the one looking into tax reform.


Cohn - we spiked down to the 50d SPX, RUT 200d, AND INDU 20d on the rumor.. now bouncing on the news.. :roll: :lol: NYT - rumour WH - news "he remains"


http://www.zerohedge.com/news/2017-08-1 ... n-resigned
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Re: 08/17/2017 Live Update

Postby Al_Dente » Thu Aug 17, 2017 11:39 am

Regular INTRADAY heat map
http://finviz.com/map.ashx

This heat map is “ONE WEEK” not intraday
817heat week.png.png
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Re: 08/17/2017 Live Update

Postby Trades with cats » Thu Aug 17, 2017 11:39 am

ES 09-17 (1000 Tick)  8_17_2017.jpg

ES- here we go again!
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Postby MrMiyagi » Thu Aug 17, 2017 11:46 am

Is consolidation good for the Bull's hide?

SPY slightly higher low on this dip.. IF IT HOLDS!!!
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Re: 08/17/2017 Live Update

Postby te_fern » Thu Aug 17, 2017 11:51 am

Will we find support at the triple bottom???
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Re: 08/17/2017 Live Update

Postby brokebybernacke2 » Thu Aug 17, 2017 12:00 pm

te_fern wrote:Will we find support at the triple bottom???


we will not...think 2430 reasonable target short term
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Re: 08/17/2017 Live Update

Postby Cobra » Thu Aug 17, 2017 12:02 pm


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Re: 08/17/2017 Live Update

Postby te_fern » Thu Aug 17, 2017 12:11 pm

And there she goes...
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Re: 08/17/2017 Live Update

Postby Al_Dente » Thu Aug 17, 2017 12:18 pm

Could someone pls post a CL chart
Thanks in advance
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Re: 08/17/2017 Live Update

Postby Trades with cats » Thu Aug 17, 2017 12:25 pm

ES 2440 is the point of control from last week, the big bulge in volume where the bottom was put in. Hard to think we would test that today., so thinking more down tomorrow then pause until someone says the right thing at Jackson Hole next week. Or maybe not as buried in the FOMC minutes was a line about equity markets being too high and subverting Fed policy. I would link to the article but it is buried in twitter somewhere. Regardless of some written opinion Fed speakers have been perfectly clear for several months that they will not save the market. Perhaps that was the panic this morning when it looked like Goldman's influence on the executive branch was about to get pulled. At least they still have Bill Dudley.
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