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09/05/2017 Live Update

Posted: Tue Sep 05, 2017 9:25 am
by Cobra
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the pullback likely will be bought.

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 9:35 am
by fehro
mind the shooting stars..

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 9:36 am
by Cobra

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 9:37 am
by Cobra
so far doesn't look like a gap down then up and up and up day. rather more likely a range day.

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 9:41 am
by Trades with cats
So far small caps are the better short but it is early in what should be a frustrating range day.

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 9:44 am
by Trades with cats
ES testing the overnight low. This is the third kiss at this level.

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 9:55 am
by fehro
Trades with cats wrote:ES testing the overnight low. This is the third kiss at this level.
/ES 2 day bear flag 30m.. lower edge goes.. look out below

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 9:55 am
by Trades with cats
Buyers must be waiting for all the numbers at 10.

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 9:57 am
by brokebybernacke2
with headlines like this, guessing september might be an ok month.. :lol:

https://www.cnbc.com/2017/09/04/get-rea ... tocks.html

the world is "ending" yet market is resilient...long story short, appears for now that bulls not dead, will attempt to make this current resistance level green arrow support, and market eventually to resolve to upside with raising of debt ceiling and some form of a new tax package..good for another 5-10% clip? adding here...not even considering bears anymore unless they can bust 2425 level..pathetic!

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 10:06 am
by fehro
SPX/SPY takes out LOD.. looking for Thurs' gap fill 2457ish / 246 ish

SPX possible H&S 5m not sure.. LOD goes, Thurs gaps fills. look to 2449ish SPX

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 10:11 am
by Cobra

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 10:13 am
by fehro
brokebybernacke2 wrote:with headlines like this, guessing september might be an ok month.. :lol:

https://www.cnbc.com/2017/09/04/get-rea ... tocks.html

the world is "ending" yet market is resilient...long story short, appears for now that bulls not dead, will attempt to make this current resistance level green arrow support, and market eventually to resolve to upside with raising of debt ceiling and some form of a new tax package..good for another 5-10% clip? adding here...not even considering bears anymore unless they can bust 2425 level..pathetic!
http://thepatternsite.com/EveningStar.html

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 10:13 am
by Trades with cats
Don't be taken in by the play actors in Washington. The Fed spoke this morning and the message was crystal clear. The uber dove is voting for an increase and she stated once again on the record that there is no discussion of the balance sheet runoff, it is a done deal. After the party conference on October 15th the PBoC will start to normalize their out of control credit growth. Essentially doing the Central Banker version of checking in to the Betty Ford Clinic. And that leaves us with BoJ and ECB as the world's liquidity growth engine and both of them are sputtering.

Only thing that makes sense out of Washington (both sides favor) is a repatriate your cash move so Tim Cook and the gang can pay down debt and continue converting the corporate balance sheet to their personal accounts via share buybacks in a rising rate environment.

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 10:20 am
by Cobra
morning hourly hollow red.

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 10:21 am
by johnnywa
Trades with cats wrote:So far small caps are the better short but it is early in what should be a frustrating range day.
Damn things gonna ever break down

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 10:30 am
by brokebybernacke2
fehro wrote:
brokebybernacke2 wrote:with headlines like this, guessing september might be an ok month.. :lol:

https://www.cnbc.com/2017/09/04/get-rea ... tocks.html

the world is "ending" yet market is resilient...long story short, appears for now that bulls not dead, will attempt to make this current resistance level green arrow support, and market eventually to resolve to upside with raising of debt ceiling and some form of a new tax package..good for another 5-10% clip? adding here...not even considering bears anymore unless they can bust 2425 level..pathetic!
http://thepatternsite.com/EveningStar.html
short term sure maybe, but bears too weak, even north korea news only good briefly for 100pt dow move, getting used to it , longer term, maybe cup handly...

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 10:31 am
by Junior Buffett
Cryptocurrencies

Hello Everyone, I would like to invest in CryptoCurrency such as Bitcoin, Liteconin etc. Anyone here play this currencies and what is their view on this new market segment.

I know if you would have invested $ 100 in Bitcoin back in 2011, you would have been seating on $ 70 million!!!!!!! :shock: :shock: I know I missed the boat for those monster gain but still long way to go and hoping that it will fall back sometime to go long.

Looking forward to hear your voice.

Thanks

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 10:34 am
by Al_Dente

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 10:41 am
by Trades with cats
Cryptocurrencies.

No regs no real approvals, an entire world of scammers. See zerohedge article from this weekend about Dennis Rodman and Paris Hilton being paid as celebrity endorsers. At this point it looks like the new version of penny stocks. At least in Las Vegas you know how the game is played.

Someday blockchain may change the world but a lot of people are going to be taken for a ride in the process.

Re: 09/05/2017 Live Update

Posted: Tue Sep 05, 2017 10:43 am
by Cobra
Fib 61.8% mm possible. dare not believe 100% mm.