07/08/2015 Live Update

[Daniel]

Quick addendum- That ratio flash improved to about 8:1 downside.. I am not entirely trusting of breadth data, esp from Stockcharts today... Schwab seems more consistent.

[BullBear52x]

..I take back the LOL

Ha. Not at all, a good chuckle is what this board can provide at times, in addition to actionable market observations. Just, no politics, no theo-astrology, no nastiness, and above all no Elliotwave! (imo)

Making fun of Aunt Jan is not politics?, sure

[Al_Dente]

NYSE resumes trading

[BullBear52x]

new LOD from here will satisfy bears wishful thinking.

[Daniel]

Making fun of Aunt Jan is not politics?, sure

No, BB52, making fun of any of these Central Bank clowns counts as "worth a chuckle".

I mean, who invented the concept of "too big to fail" which has produced most of these market messes the past decade or so...

[Daniel]

With China closed, and our market nearly closed, FXI is serving as a kind of "sentiment indicator".

There is no fundamental reason to any of its fluctuations from here to close, except for Risk On/Off...

It is near a fresh LOD..

[MrMiyagi]

Making fun of Aunt Jan is not politics?, sure

I didn't discuss her political position, just her age and sleeping habits.

[BullBear52x]

Making fun of Aunt Jan is not politics?, sure

No, BB52, making fun of any of these Central Bank clowns counts as "worth a chuckle".

I mean, who invented the concept of "too big to fail" which has produced most of these market messes the past decade or so...

They think their job is to re-engineer the world, let it be finance or social mood. they are not doing a good job if you ask me today

[Al_Dente]

[TO READ LATER]
as of last night
Flat Market
Narrow Range
Since 1950, looking at the maximum deviation from the breakeven point... In 2015, the most the SPX veered from breakeven was 3.49%. By that measure, it's the flattest year on record.
Here’s what that looks like going forward for the next quarter and for the rest of the year
http://www.schaeffersresearch.com/conte ... ampaign=OV

[brucekeller]

Oddly enough I am kind of numb and bored with everything that happened today. Weird. I guess that happens when you're properly hedged.

[fehro]

RUT is the closest to taking out yesterday's LOD.. no-one else.. except TRAN

[BullBear52x]

Making fun of Aunt Jan is not politics?, sure

I didn't discuss her political position, just her age and sleeping habits.

and super Ben avatar

[BullBear52x]

Chart for the road: short term resistance is thick here. peace!

[Al_Dente]

Keep an eye on AA after hours
earnings report

[BullBear52x]

Keep an eye on AA after hours
earnings report

With this type of chart? earning meant nothing it's already so bearish.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2015/07 ... ay-update/

[Cobra]

well, guess that's it for today. Thursday tomorrow has been generally bull friendly. down 2 straight recently though. 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

[MrMiyagi]

spy

[ALdaytrade]

1255.png

This last p-bar would fill the gap from yesterday.

[Unique]

ES NEW TRADE UPDATE status: Waiting for fill

HOURLY SWING TRADE - NON HIGH PROBABILITY(not a Extreme Signal trade)
ENTRY: SELL STOP @ 2034.00 GTC

EXITS:
Immediate target = 2022
Swing target/Leg 2 target = 2000.00
Cover stop all @ 2055.00

Current assessment: may take 1/2 position profit around 2022 depending on market conditions if
trade changes form a swing trade to fast scalp

RISK 21 FOR 34

--------------------------------------------

ES price behaving well so far this week, like I said since Sunday night
everything below 2085 treat as a deadcat bounce - the swing target is 2000.00 when 2034 triggers