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Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:48 am
by te_fern
and fill the gap...

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:49 am
by Daniel
Strong rebound in equities is not diminishing enthusiasm for TLT. Still comfortably holding its opening gap.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:51 am
by Cobra
so far a typical huge gap down then sharp reversal up day. bears as usual, useless.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:54 am
by Daniel
XLI, XLP, QQQ, DJT, and now SMH all green. Energy still weak, prec.metals still midrange for the day.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:57 am
by fehro
It's all AAPL, QQQ VIX TLT green, SPY IWM red .. not a confident bullish configuration :roll:

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:57 am
by Daniel
Cobra wrote:bears as usual, useless.

Maybe, maybe not. The 'easy' portion of the SPY rebound (not that anything in the market is ever easy) is over. Now price is running into multiple days of "overhead supply".

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:01 am
by Daniel
Many sectors are up in the range of 0.3 -- 0.7% from the Open.

This has cut losses to levels which might well be thought typical of a seasonally weak period in August. Meaning maybe the N.Korea angst has been squozen out, and thus the rest of the day will be more typically "late-August". :?:

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:06 am
by Trades with cats
So Nanex says at 10:43:35 "someone" bought 6,000 S&P futures contracts.

Hint, it wasn't me. Bears can not take on Swiss National Bank in anything resembling normal trading. BUT when it gets exciting the Central Bankers cannot sweep back the sea.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:08 am
by Daniel
GLD, SLV, FXY (Yen) lod. So far, "havens" other than US Treasuries have been dumped since the open.

IBB joins the other sectors in filling its gap and going grn. SPY, not yet.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:09 am
by Wallstreetrader
...

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:19 am
by Trades with cats
Am guessing a chart of the US market in Euros would show how far we have dropped from their point of view.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:24 am
by fehro
not ideal.. dabble short SPX 2441

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:25 am
by Cobra
the pullback will be bought.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:47 am
by fehro
don't let the AAPL smoke screen get in your eyes.. ADV/DEC -878 Put/Call at Extremes 0.61 :roll:

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:50 am
by fehro
NDX/COMPQ/TRANsports all near 20d SMA may stall here , /CL weak.. next levels 45.45 and 45.20ish

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:55 am
by Wallstreetrader
...

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:56 am
by te_fern
Closed opening gap, now what??

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:56 am
by Al_Dente
insurance index
829insurance.png.png

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:58 am
by Heck
fehro wrote:don't let the AAPL smoke screen get in your eyes.. ADV/DEC -878 Put/Call at Extremes 0.61 :roll:


Opening Undervalued Index PUTS more than Twice Undervalued Index Calls = DOWN
Two/Three Option Sentiment Indices = DOWN
https://www.ise.com/market-data/isee-index/

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 11:59 am
by Al_Dente
some banks
829banks.png.png