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09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 9:21 am
by Cobra
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hopefully it's double top here so the rebound was over, hopefully.

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 9:24 am
by Cobra

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 9:53 am
by brokebybernacke2
this bounce has stalled a bit linger than it should..if if bears can hold off new highs this week, think bears may have good shots next week, irma and north korea birthday 9.9 could spark...vix looks ripe..

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 9:57 am
by Trades with cats
Small cap futs at yesterday's low. Could get interesting.
EIA oil inventory in an hour. No idea what to expect. It isn't that meaningful as it will take some time for the refineries to get back to normal.

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 10:04 am
by Cobra

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 10:10 am
by Cobra
morning hourly filled black bar.

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 10:14 am
by Cobra
mini target. exceeds it then this bear may have legs.

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 10:34 am
by fehro
SPX 50d/20d is close.. 2454/2451… sloppy H&S SPY 5m 2 days.. look for a RS bounce.. not sure.. bonds on nHOD nHOW

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 10:44 am
by johnnywa
Cobra wrote:mini target. exceeds it then this bear may have legs.

Looks to me bear is done,indices pointing green

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 10:49 am
by johnnywa
johnnywa wrote:
Cobra wrote:mini target. exceeds it then this bear may have legs.

Looks to me bear is done,indices pointing green

Green indeed,up up and away

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 11:04 am
by fehro
nibble short SPX 2467.25 not sure.. sloppy h&s 2 days.. upper channel test 5m.. LOD goes.. looking for 2454/51 50d/20d SMA

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 11:07 am
by Trades with cats
ES 09-17 (15 Min)  9_7_2017.jpg


Daily and weekly volume profile says a lot about today's pathetic little moves.
Of course I was terrified when we were getting 50 point daily swings, so I guess I just better play the hand I was dealt.
Just would be nice to be back in those easy days when you could count on 10 points each and every day! :)

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 11:21 am
by Cobra
vacuum up vacuum down, typical range day. no direction.

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 11:32 am
by Al_Dente
5 min, 10 days
AD Chop
97ad chop.png.png

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 11:47 am
by Cobra
Triangle. so no direction as well.

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 12:34 pm
by Al_Dente
Banks look dreadful
MAs here are 7/13 on the daily
AND THE DASHED GRAY MA is 200sma, right where XLF is perched, and where all the yellow arrows are

97banks.png.png

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 12:40 pm
by fehro
fehro wrote:nibble short SPX 2467.25 not sure.. sloppy h&s 2 days.. upper channel test 5m.. LOD goes.. looking for 2454/51 50d/20d SMA

Cover portion +$6.25

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 12:59 pm
by Cobra
maybe the low was in for today. at least no real bear today.

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 1:03 pm
by Cobra
if the low wasn't in yet, generally the best bear can get is another small lower low as shown below.

Re: 09/07/2017 Live Update

PostPosted: Thu Sep 07, 2017 1:45 pm
by Al_Dente
Treasury bonds/yield are bonkers
Shown as percentage change in gray on the top panel, and shown as regular price in gray on the bottom panel:
10s YIELD at 20.61 (2.061% yield) is LOWEST ON THE YEAR, and its reciprocal long treasuries (not shown here) are HIGHEST ON THE YEAR
That’s bonkers
97bonds.png.png