07/09/2015 Live Update

[uempel]

Two Dow stocks slid into "sell" territory ...

http://stockcharts.com/freecharts/candl ... BPENER|B|0

[Cobra]

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

[fehro]

SPX ... probably a close on the 200d? .. VIX hanging in .. not falling apart.. yet..

[Cobra]

well, guess that's it for today. Friday tomorrow has been bear 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

[uempel]

Playing the market can be quite exciting, but the level of adrenaline output in this stunt is at least a hundred times greater ...

https://www.youtube.com/watch?v=9v3a7r39QSE

Now that is more dangerous than day trading for sure.

That's just a death wish masquerading as a stunt.

Yeah, but where is the limit? Some people consider this or that as dangerous, others have very different boundaries. E.g. some people consider trading as a hopeless and losing game, others consider it fun and make money

[fehro]

INDexes Candles... a tad ugly .. but green on the TV set tonight!

[MrMiyagi]

"The Greek government will seek a parliamentary vote on Friday to endorse immediate reform commitments it is offering euro zone creditors in a race to win a new loan and avert bankruptcy and a possible exit from the euro zone."

[jway888]

"The Greek government will seek a parliamentary vote on Friday to endorse immediate reform commitments it is offering euro zone creditors in a race to win a new loan and avert bankruptcy and a possible exit from the euro zone."

as usual, thank you.

[Al_Dente]

AAPL is testing important long term support
Down 11+% from its high
It is so far below its lower bolinger it’s due for a least a dead-cat bounce soon
Volume shows liquidation increasing, at or near exhaustion volume soon
Note the second panel: stochastics/momentum called it right since May

This should put it in perspective
Our last SPY high (intraday) was $212.75 on 5/20/15
This is % performance since (and including) that day 5/20
AAPL is in LIME down there at the bottom, oy

[DellGriffith]

I think I was reading some people discussing $TRIN here recently.

The way I look at $TRIN is that extreme readings will either mark the low or warn that the low is coming in the next 1-2 weeks. That's the historical record.

July 8th, 2015 had one of those massive $TRIN readings.



I consider it a prerequisite, not a bottom call. Of course, this is one of those things that I pointed out on this forum and it IMMEDIATELY failed to call a bottom last time. The last bottom occurred with no high $TRIN reading, which basically never happens lol. If I post any stuff on this forum, it just breaks.

[QED]

I think I was reading some people discussing $TRIN here recently.

The way I look at $TRIN is that extreme readings will either mark the low or warn that the low is coming in the next 1-2 weeks. That's the historical record.

July 8th, 2015 had one of those massive $TRIN readings.



I consider it a prerequisite, not a bottom call. Of course, this is one of those things that I pointed out on this forum and it IMMEDIATELY failed to call a bottom last time. The last bottom occurred with no high $TRIN reading, which basically never happens lol. If I post any stuff on this forum, it just breaks.

I think this may be a good way to look at TRIN …

Tuesday's Sell Off Low Likely To Be Retested
http://snipurl.com/2a2gsu6