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Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 12:04 pm
by Mr. BachNut
Just a quick note to point out that the price divergence with NYMO mentioned in last post continues to develop.
NYMO today is higher than it has been all year yet price is below it's recent highs.
Perhaps next week, action will clean this up, but for now the divergence is there.

No guarantees, but price divergences like this in the past have suggested that corrections weren't complete.
What would follow would be a consolidation chop/triangle sort of thing to finish correcting through time or a failure that led to a capitulation move.
This rally could be the kick-off to a new bull trend, but this divergence gives some odds to other scenarios.

I remain long for now.

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 12:41 pm
by Cobra

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 12:43 pm
by Cobra
possible 3 push up.

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 12:47 pm
by fehro
NDX nATH

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 1:28 pm
by Al_Dente
as of the end of August saw Vanguard fund inflows of $1.6 billion every day (or $100 million every single hour)

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 1:39 pm
by Cobra
the pullback will be bought again.

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 2:06 pm
by Al_Dente
The week hasn’t closed yet (so WTIC is as of yesterday’s close)
But this shows who is the strongest on the week
91strongest on week.png

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 2:45 pm
by Denali92
I do not have a strong view here.

These are just a few points about the history of September.

http://www.cobrasmarketview.com/2017/09 ... ay-update/

ENJOY the holiday!

-D

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 2:49 pm
by Wallstreetrader
...

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 3:00 pm
by Al_Dente
HAPPY HOUR
Image

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 3:02 pm
by fehro
next week.. Wed/Thurs :roll: :)

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 3:52 pm
by Cobra

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 3:54 pm
by Cobra
well, guess that's it for today. Tuesday has been mixed. thank you guys, I'll see you in another thread soon.

please don't forget our weekly sentiment poll which will be posted right after the close.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 4:10 pm
by Cobra
Our weekly sentiment poll is here:
viewtopic.php?f=9&t=2594

Re: 09/01/2017 Live Update

Posted: Fri Sep 01, 2017 4:11 pm
by Daniel
Al_Dente wrote:as of the end of August saw Vanguard fund inflows of $1.6 billion every day (or $100 million every single hour)
Citizen POMO. :)

GLTA. Good holiday, drive safe.