07/05/2018 Live Update

[Cobra]

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testing the range high for the 4th time, not sure whether it'd be sold again or not. shouldn't the wall st be without imagination should it?

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/07 ... ay-update/

[fehro]

/ES near resistance, SPX triangle.. mind the gap

[QED]

July 5, 2018:

10:00am = ISM Non-Manufacturing PMI

11:00am = Crude Oil Inventories

2:00pm = FOMC Meeting Minutes
.

[fehro]

/ES near resistance, SPX triangle.. mind the gap

SPX triangle breaks down.. look for a huge down move… SPX 50 key 2721

[Cobra]

members only update at 10:05 am
http://www.cobrasmarketview.com/2018/07 ... ay-update/

[MrMiyagi]

This morning's party is having a hard time staying alert.

[cletus]

Still long but 4th of July seasonality has been weaker than usual. Daily cycle is still on the upswing but quite frankly bulls are taking too much time and there's the employment report tomorrow which will probably push it one way or the other. Seasonality is still technically strong till Monday.

[fehro]

/ES near resistance, SPX triangle.. mind the gap

SPX triangle breaks down.. look for a huge down move… SPX 50 key 2721

[fehro]

/ES near resistance, SPX triangle.. mind the gap

SPX triangle breaks down.. look for a huge down move… SPX 50 key 2721

Triangle breaks -43points to 200d SMA 2672 …indexes weak

[fehro]

looks a tad dangerous

[MrMiyagi]

Market is in "Fade the Gap Up" mode for now. Buy near the close, sell at the open.

[Wallstreetrader]

Careful with the IHS button

[fehro]

/ES near resistance, SPX triangle.. mind the gap

SPX triangle breaks down.. look for a huge down move… SPX 50 key 2721

Triangle breaks -43points to 200d SMA 2672 …indexes weak

<50d SMA 200d next 2672 if we can't get back over 50d

[daytradingES]

7:48 AM 7/5/2018
The Trump administration's tariffs on $34 billion of Chinese imports are due to go into effect at 0401 GMT on Friday and Beijing said it would respond in equal measure on U.S. goods ranging from cars to soybeans the instant U.S. measures go into effect.

What time would this be in CT?
-6 = 22:01 CT?

[fehro]

/ES

[QED]

7:48 AM 7/5/2018
The Trump administration's tariffs on $34 billion of Chinese imports are due to go into effect at 0401 GMT on Friday and Beijing said it would respond in equal measure on U.S. goods ranging from cars to soybeans the instant U.S. measures go into effect.

What time would this be in CT?
-6 = 22:01 CT?

12:01 a.m. Eastern Daylight Time

Eastern Daylight Saving Time (EDT) = GMT-4 (USA + Canada)

[Cobra]

very strong rebound, maybe the low was in? usually there's a higher low test though as illustrated by dashed black line.

[Daniel]

From Briefing.com:
The Treasury yield curve is undergoing a further flattening today. The spread between the 2-yr note yield (2.55%) and the 10-yr note yield (2.82%) has narrowed to just 27 basis points. The S&P 500 financial sector, which was up 0.6%, briefly turned negative, and is now up 0.2%.

[Cobra]

members only update at 12:15 pm
http://www.cobrasmarketview.com/2018/07 ... ay-update/