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08/18/2017 Live Update

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Al_Dente
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Re: 08/18/2017 Live Update

Post by Al_Dente »

AD bears have little power (except for nas red volume)

NY declining stocks = 1.5 x advancing stocks
NY declining volume = 1.4 x advancing volume
Nasdaq declining stocks = 1.5 x advancing stocks
Nasdaq declining volume = 2.0 x advancing volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 08/18/2017 Live Update

Post by Al_Dente »

Semicondustors often lead
You saw the negative divergence last month
Now there’s a bit of positive divergence
818semis diverge.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 08/18/2017 Live Update

Post by fehro »

fehro wrote:
fehro wrote:
fehro wrote:
fehro wrote:nibble 2423.00 long SPX
stopped out .. :roll: a tad too early.. will try again..
try again hope not to get Fry'd :roll:
add long.. mind the possible hammers dailies.. coming up… not sure yet
:) sell a portion here SPX +$6.50 bulls getting happier :roll: hammer happy :roll: :lol: :lol:
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Al_Dente
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Re: 08/18/2017 Live Update

Post by Al_Dente »

RUMOR
"Stocks Jump On Rumors That Bannon Firing Is Imminent"
West Wing officials are now asking "when," not "if," Bannon goes.
RUMOR
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 08/18/2017 Live Update

Post by Cobra »

double bottom.
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Wallstreetrader
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Re: 08/18/2017 Live Update

Post by Wallstreetrader »

bots fixed :mrgreen:
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Al_Dente
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Re: 08/18/2017 Live Update

Post by Al_Dente »

anonymous white house source:
"His departure may seem turbulent in the media, but inside it will be very smooth. He has no projects or responsibilities to hand off." :lol: :lol:
anonymous
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fehro
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Re: 08/18/2017 Live Update

Post by fehro »

Wallstreetrader wrote:bots fixed :mrgreen:
be very careful.. at SPX 50d… "if" we make it.. ;)
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Al_Dente
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Re: 08/18/2017 Live Update

Post by Al_Dente »

YESTERDAY
$RUT was the first to break 3-standard deviations below its 50ma
That’s rare, and it won’t last long, but I do see 6 days in dec/jan where it stayed near/below 3-std-dev
818std dev.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 08/18/2017 Live Update

Post by te_fern »

I noticed a couple of days ago that a couple of twitter bloggers were buying ERX for a bounce. Doesn't appear to me that it escaped the sell-off either.....
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Wallstreetrader
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Re: 08/18/2017 Live Update

Post by Wallstreetrader »

Bears game over again...
te_fern
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Re: 08/18/2017 Live Update

Post by te_fern »

The TICKs are up thru their MA now...
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Cobra
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Re: 08/18/2017 Live Update

Post by Cobra »

the rebound shall have legs which usually means bears are over. let's see if this time is different or not.
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Al_Dente
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Re: 08/18/2017 Live Update

Post by Al_Dente »

Daily, NOT INTRADAY
Dr. Elder's Force Index is a price-volume oscillator, measuring the balance of power behind a move. It It rises when the close is above the prior close and falls when the close is lower, all enhanced by the extent of the move and the volume behind it. A strong advance on big volume pushes the Force Index sharply higher, while a sharp decline on big volume pushes it lower… basically, readings above zero favor an uptrend, readings below zero favor a downtrend.
818force.png.png
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Cobra
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Re: 08/18/2017 Live Update

Post by Cobra »


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Al_Dente
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Re: 08/18/2017 Live Update

Post by Al_Dente »

Al_Dente wrote:AD bears have little power (except for nas red volume)
NY declining stocks = 1.5 x advancing stocks
NY declining volume = 1.4 x advancing volume
Nasdaq declining stocks = 1.5 x advancing stocks
Nasdaq declining volume = 2.0 x advancing volume
NY declining stocks = 0.85 x advancing stocks
NY declining volume = 0.78 x advancing volume
Nasdaq declining stocks = 0.84 x advancing stocks
Nasdaq declining volume = 1.0 x advancing volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 08/18/2017 Live Update

Post by fehro »

oil induced rally.. /CL nears 20d SMA >20w SMA .. nears break down level on daily.. mind the head fake in oil..

SPX stalling here at last weeks lows 2437.8 out of rest SPX + $8.25
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Last edited by fehro on Fri Aug 18, 2017 12:21 pm, edited 1 time in total.
fehro
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Re: 08/18/2017 Live Update

Post by fehro »

dabble short 2431 SPX
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Re: 08/18/2017 Live Update

Post by Trades with cats »

That run up of 10 handles in 15 minutes into the London/Frankfurt close looked (as the wave counters say) impulsive to me. I admit I cannot define an impulsive wave, but I know it when I see it! :lol:
Still that got us all the way to the first fib retracement level so bulls really need to show us something more. I suppose Monday morning gap and go but how far will anyone want to go with our financial lords and sovereign rulers providing insight on Friday afternoon at Jackson Hole. How in the world could Chair Yellen followed by Chair Draghi (both after lunch mind you) not be a set up to send all of us a very clear message. Please no tin foil hats needed as if you recall at a presser Chair Yellen stated that they do not coordinate policy or speeches (that would be wrong to do of course) but they are "aware" of what they are all doing. So let's see if round two of jointly aware messaging by our actual world government causes as many problems for currency and bond traders as round one did!
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