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12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 10:22 am
by Cobra
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triangle, bias is up.

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 10:25 am
by Cobra

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 11:02 am
by Cobra

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 11:05 am
by te_fern
Yesterday's high is also the first resistance pivot. Seems to be holding back the rally right now....

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 11:14 am
by te_fern
Sneak through, can it continue??

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 11:15 am
by te_fern
TICK is strong...

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 11:17 am
by te_fern
No worries from VIX....

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 11:34 am
by Cobra
morning hourly black bar

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 12:36 pm
by Cobra
the pullback probably will be bought.

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 12:56 pm
by fehro
According to the timetable, 2020 will be the peak of the equities bubble, followed by a major crash similar to that of the Dot-Com bubble.

To the economists we’ve spoken to, the peak could range between 2019M09 to 2020M03. Given how large the S&P500 bubble has become, it is worth treading very carefully during this period for those exposed to US equities.



http://www.zerohedge.com/news/2017-12-27/ghost-wdgann-another-crash-coming

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 1:05 pm
by Cobra

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 1:16 pm
by Al_Dente
YEAR IN REVIEW (a few days early)
Indices performance % YTD
Note the lag in smalls (cyan), up 14.23% so far this year, while SPX (purple) is up 19.84%, and INDU (lime) is up 25.36%
Weekly chart
1227year review.png

Long-term performance going all the way back to the big low of 3/9/2009.
Best are discretionary (pink) and financials (red).
Even if you substitute RCD (equal-weight discretionary, not shown here), it is still the best performer.
So the hope is that as a [~70%] consumption economy, we’ll continue buying those Tchotchkes, and hopefully our credit card defaults won’t grow too big…
Weekly chart
1227year review longer.png

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 1:29 pm
by johnnywa
Going down like cheap beer at a wedding.This Santa rally surely sucks

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 1:42 pm
by Al_Dente
“When everyone sees something as clear … day traders should always be ready for the opposite.” [Al Brooks]

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 2:21 pm
by brokebybernacke2
fehro wrote:According to the timetable, 2020 will be the peak of the equities bubble, followed by a major crash similar to that of the Dot-Com bubble.

To the economists we’ve spoken to, the peak could range between 2019M09 to 2020M03. Given how large the S&P500 bubble has become, it is worth treading very carefully during this period for those exposed to US equities.



http://www.zerohedge.com/news/2017-12-27/ghost-wdgann-another-crash-coming



hmmm. 2-3 more years of this rally??? maybe the top is in?!

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 2:38 pm
by Al_Dente

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 2:58 pm
by johnnywa

Checkout this gem Cannabis Wheaton CBWTF

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 4:01 pm
by Al_Dente
HAPPY HOUR
cliff.png.png

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 4:57 pm
by Cobra

Re: 12/27/2017 Live Update

PostPosted: Wed Dec 27, 2017 4:58 pm
by Cobra
well, guess that's it for today. Thursday tomorrow has been bull friendly recently. thank you guys, I'll see you tomorrow.

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