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08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 9:19 am
by Cobra
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50% chances (even higher) of double bottom here, key time.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 9:22 am
by fehro
SPX opening near open gap 2427-33 very key level 2419ish.. 18month uptrend from Feb 2016

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 9:36 am
by fehro
fehro wrote:SPX opening near open gap 2427-33 very key level 2419ish.. 18month uptrend from Feb 2016


filling gap.. 2427-33

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 9:37 am
by Trades with cats
ES the S2 floor pivot 2432.50 stopped the dawn hour up move and has slowed things again. Silly Voodoo lines.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 9:42 am
by Trades with cats
If we get there the ES overnight low was right at the S4 pivot, 2421.25. AND the current session low is at the S3 pivot of 2426.75. So a good day for Voodoo lines which makes me think the machines are involved. :o

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 9:43 am
by Daniel
Trades with cats wrote:ES,S2, ...Silly Voodoo lines.

Self-referential fixed points of reference. Perhaps a slightly better term for it.
:)

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 9:45 am
by brokebybernacke2
fehro wrote:SPX opening near open gap 2427-33 very key level 2419ish.. 18month uptrend from Feb 2016


yes, that is the level for bears...amazing how north korea waits for market to close to shoot their missles ;)

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 9:48 am
by Daniel
Spectacular 15min opening bars across many sectors.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 9:51 am
by Daniel
Gold, yen, lod. Also Energy sectors.

Multiple sectors HOD, or close to it.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 9:57 am
by Daniel
As QQQ and other tech heavy or outright tech sectors hit fresh HOD, VXN (Naz Vix) is still firmly in the upper half of its daily range.

Investors keeping a fat amount of protection on.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:01 am
by Daniel
RVX (R2K Vix) however just hit a fresh LOD, acting more directly inverse to price...

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:01 am
by Cobra

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:09 am
by brokebybernacke2
market keeping us guessing, UN security meeting decisions to come...but it seems n korea has been the market mover. 1st orange circle fire fury, 2nd orange circle guam threat. 3rd orange circle? weaker slopes/rebounds, bear premise..shall see...

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:12 am
by Daniel
USO, XBD, IWM lod here!

TLT holding its sizeable opening gap.

Mixed market, quite a wide sector perf difusion pattern.

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:15 am
by Trades with cats
TF 09-17 (350 Tick)  8_29_2017.jpg
Small Cap Futures 350 tick bars

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:16 am
by Cobra
morning hourly hollow red

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:23 am
by te_fern
TICK trying to bottom, but still struggling....

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:24 am
by fehro
fehro wrote:
fehro wrote:SPX opening near open gap 2427-33 very key level 2419ish.. 18month uptrend from Feb 2016


filling gap.. 2427-33


SPX LOD goes.. looking for 2424, then 2417

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:30 am
by Daniel
XLI, XLP green (update- QQQ, DJT as well) <==

XOP, XLE lod

And meanwhile, thru it all, indifferent to all, resplendent in its indifference, JJC (copper) continues to make one 20day high after another. Again today.

Dr. Copper may be sniffing glue. Or maybe not.. maybe copper is forecasting something important but nobody is listening...

:|

Re: 08/29/2017 Live Update

PostPosted: Tue Aug 29, 2017 10:48 am
by te_fern
The two MA lines have slowed the SPX down for a second, but then it appears it trying to get back to yesterday's close...