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08/31/2017 Live Update

Posted: Thu Aug 31, 2017 9:19 am
by Cobra
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this bull shall have legs.

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 9:24 am
by Cobra

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 9:37 am
by Wallstreetrader
...

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 9:46 am
by brokebybernacke2
nice pop but bullish vix set up and nyad in common turn area upon us...today for sure lipstick on pig day, anticipate pull back next week, question if small or big...

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 9:46 am
by fehro
SPX fills Aug 14 gap.. almost 2468.00 sell short sm pos.. mind the morning gap, profit taking before long weekend, and Month end.

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 9:47 am
by fehro
fehro wrote:SPX fills Aug 14 gap.. almost 2468.00 sell short sm pos.. mind the morning gap, profit taking before long weekend, and Month end.
SPX short 2467

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 9:48 am
by Al_Dente
pending home sales in a few minutes
831cal.png.png

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 10:01 am
by Wallstreetrader
...

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 10:03 am
by Daniel
At the half hour mark, virtually every ETF I track is either in the upper half of its intraday range, or actually pressing a new HOD.

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 10:08 am
by brokebybernacke2
Al_Dente wrote:pending home sales in a few minutes
831cal.png.png
2474 target/short entry stab

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 10:23 am
by Mr. BachNut
Both the down and up gap targets from last post hit in 3 days. Wow.

The NYMO cycle remains solidly up.
Of note, we may see a price divergence in the days ahead where NYMO is making notable highs but price can't make fresh highs.
If so, it has bearish implications. Bulls have to keep charging.

I remain long. Holding after the latest missile show was an ass grabber.
Took a scale this morning on the gap close and have gone risk free with stop.
I'll be looking for signs of a turn next week and into 9/11, but anything can happen.

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 10:23 am
by Al_Dente

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 10:40 am
by Trades with cats
So much for using crude oil to hold up the S&P, on to plan B, must not let gap close! Need great month end for all those 401 K accounts. :mrgreen:

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 10:50 am
by Al_Dente
US Releases 500,000 Barrels Of Oil From Strategic Reserve As Largest US Refinery May Be Shut For 2 Weeks

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 11:04 am
by Trades with cats
ES 09-17 (15 Min)  8_31_2017.jpg
Pretty clear what we are re-testing using the end of the month strength in a low volume low activity end of summer time period. Experts all say next month investment committees will be meeting. I know my wife's charity will be. This up move will make many of those committees decide to stay with the plan when they see their monthly results.

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 11:07 am
by Al_Dente
bull AD
831ad.png.png

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 11:18 am
by Cobra
the pullback should be bought.

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 11:58 am
by Cobra

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 12:24 pm
by fehro
TRANSports INDU flat.. USO into 50d SMA UUP stalls at 20d

Re: 08/31/2017 Live Update

Posted: Thu Aug 31, 2017 12:25 pm
by fehro
be uber careful on long term /GC golds.. . DXY monthly expanding wedge, doji and multi decade support.. "IF" DXY 104 goes look to a 3-4 year rally in DXY to 134.00 +41% - gold will get destroyed.
German elections Sept 24th

http://www.zerohedge.com/news/2017-08-3 ... risks-grow