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Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 11:00 am
by QED
Trades with cats wrote:I don't get what is happening with Apple right now. To me it has the Tesla disease where lemmings buy because there is news. Going from an innovator to the cop out statement that we aren't the first, but we are the best, well they have always been both so Cook is admitting they have lost the spark. Given the overwhelming :lol: response to the I watch and Apple TV at least he is being honest.

But Apple has that strong seasonal pattern where product launch and holiday sales are always the best quarters and clearly Cook plans on testing the loyalty of the fan base with big price increases. But a significant issue is the Dollar versus the Yuan and the Euro, and that, to me, is the real challenge for Apple.

I think that AAPL might start selling off on the day of their event (and possibly take the market down with them). :P

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 11:02 am
by Al_Dente
10 days %
Health is doing better than smalls (actually XBI – not shown here - is the one pushing health)
Miners were quite strong, but they're on a pullback

830five.png.png

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 11:13 am
by Wallstreetrader
...

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 11:14 am
by Al_Dente
cumulative internals, 5min
830cum int.png.png

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 11:15 am
by Trades with cats
Sorry. 15 minute with horizontal volume profiles by day and by week. I drew that big orange box around the zone we have been in for a week. Seems that a break above would be a significant move, but based on what has happened I really doubt it will happen. Still all this base building is creating energy for a move out of the range, we just need some news for a trigger.

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 11:26 am
by Cobra
the pullback probably will be bought.

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 11:39 am
by Cobra
bias is up.

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 11:49 am
by QED
Dunkirk in Houston
Daily Energy Market Analysis
By Phil Flynn
August 30, 2017
http://www.futuresmag.com/2017/08/30/du ... ton?page=1

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 11:57 am
by Cobra

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 12:01 pm
by Trades with cats
TF 09-17 (350 Tick)  8_30_2017.jpg

Double bottom or breakdown coming for the small caps. :? :)

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 12:16 pm
by Al_Dente
QQQ is doing great, eh?
Then please PROVE IT by breaking out above resistance, as I am still showing lower highs
60min
830qqq 60.png.png

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 12:18 pm
by Trades with cats
QED, thanks for that from Phil, a nice summary of the situation. Last week a lot of that was pure speculation. It is going to be a wild couple of weeks until the real nature of the situation comes out. FuturesTrader 71 was saying in his morning broadcast that he has seen a bunch of people going long CL and short RBOB and getting handed their heads. Personally I think at this point all you are doing is gambling. :o

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 12:23 pm
by Trades with cats
Pasta Boss, it is the seasonal influence. Back to school off to college is always huge and then we have the holiday buying. You know for a fact all those helicopter parents wouldn't dream of sending their trophy child back to school without the latest and greatest. :lol:

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 12:32 pm
by Al_Dente
Trades with cats wrote:Pasta Boss, it is the seasonal influence. Back to school off to college is always huge and then we have the holiday buying. You know for a fact all those helicopter parents wouldn't dream of sending their trophy child back to school without the latest and greatest. :lol:

Thanks boss
ELSEWHERE on the same 60min scale, SPY breaks above its downtrend line but needs to SHOW ME THE MONEY and break above this triple top
It’s still on Ladies Choice: Head and Shoulders OR Inverse Head and Shoulders
830spx 60.png.png

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 1:01 pm
by Cobra
this bull shall have legs.

PostPosted: Wed Aug 30, 2017 1:03 pm
by MrMiyagi
Cobra wrote:this bull shall have legs.


KIDNEYS FOR EVERYONE!!!!

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 1:19 pm
by fehro
fehro wrote:
fehro wrote:resisitance.. not sure 50d SMA sooo close.. 2450.80ish.. and now 20d 2452.70ish may tag 'em,


ding ding tags… 50d/20d .. short here 2451 .. a tad early.. :roll:


was a tad early :roll: .. 20d/50d pushed through.. mind the Aug 14 open gap 2469-63

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 1:29 pm
by Wallstreetrader
...

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 1:42 pm
by fehro
nibble small short here.. :roll: 2459ish ..possible 20d SMA retest 2453.40, or 50d 2451.50

Re: 08/30/2017 Live Update

PostPosted: Wed Aug 30, 2017 1:44 pm
by Al_Dente
SHOW ME THE MONEY update:
yes they did, yes indeed