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11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 10:25 am
by Cobra
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shortened trading day, generally up and boring.

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 10:27 am
by Cobra

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 10:30 am
by fehro
sounds insane.. mind the steep bearish wedge SPX 60m.. 2600 goes target is 2580.. for a shocker holiday move.. :roll: :lol: seems very doubtful.. but be aware

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 10:34 am
by fehro
fehro wrote:sounds insane.. mind the steep bearish wedge SPX 60m.. 2600 goes target is 2580.. for a shocker holiday move.. :roll: :lol: seems very doubtful.. but be aware


And AAPL.. same deal.. big move possible.. today.. or big gap down Monday? :roll:

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 10:41 am
by Daniel
QQQ, SPY ath

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 10:45 am
by fehro
fehro wrote:sounds insane.. mind the steep bearish wedge SPX 60m.. 2600 goes target is 2580.. for a shocker holiday move.. :roll: :lol: seems very doubtful.. but be aware

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 10:59 am
by Daniel
DJT, SMH, EEM, EWZ hod

KRE, XOP, MDY, EWG lod

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 11:00 am
by Cobra

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 11:16 am
by Daniel
Since the Open:

(mildly) STRONG- XLB, SMH
(mildly) WEAK- KRE, XOP

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 11:21 am
by Daniel
Buy program now hitting equities. GLD SLV lod, many stock sectors hitting HOD, 52-week highs, and ATHs (SPY, QQQ)

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 11:28 am
by Daniel
USO lod, Energy stocks weakening since their strong open.

Any time SPY and QQQ are hitting intraday highs--but none of their sub-sectors which make them up are hitting highs--it usually mean big basket program buying, perhaps keyed to futures price action.

This is often echoed, as today, by up/down volume being more bullish than advancers/decliners.

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 11:52 am
by Daniel
UUP down 1/2 of 1%. IWM and MDY lod.
Perhaps they are following the dollar down...

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 12:32 pm
by Cobra
the pullback will be bought.

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 1:01 pm
by Cobra

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 1:20 pm
by Cobra
cup with handle, bias is up.

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 1:40 pm
by Cobra
now ascending triangle, bias still is up.

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 1:52 pm
by Cobra

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 1:55 pm
by Cobra
well, guess that's it for today. Monday favors bears according to the Thanksgiving seasonality. thank you guys, I'll see you in another thread soon.

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

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 2:02 pm
by fehro
:shock: :shock: wholly last second… takes out Oct 2006 lows.. VIX spike to 8.56

Re: 11/24/2017 Live Update

PostPosted: Fri Nov 24, 2017 2:57 pm
by Cobra
fehro wrote::shock: :shock: wholly last second… takes out Oct 2006 lows.. VIX spike to 8.56


that's a false tick because you won't find it in the intraday chart.