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01/11/2017 Live Update

fehro
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Re: 01/11/2017 Live Update

Post by fehro »

SPX careful here.. VIX very active.. 2267/63 SPX very key.. goes looking for a fast 10 point drop
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daytradingES
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Re: 01/11/2017 Live Update

Post by daytradingES »

From ZH
http://www.zerohedge.com/news/2017-01-1 ... to+zero%29

Crude Dumps'n'Pumps Despite Massive Inventory Builds, Biggest Jump In Production In 20 Months
After last week's massive product builds (and crude draw), API suggested additional builds ahead of DOE data which confirmed even bigger than expected builds in Crude, Gasoline, and Distillates. WTI gapped lower on the print then accelerated lower as US crude production rose by the most since May 2015. Then the algos decided it was time to rip oil prices higher...
Biggest crude build since November and another week of massive builds in gasoline and distillates...The 13.4 million barrel increase in total U.S. crude and refined products stocks last week is the biggest weekly gain since April 2015.

Notably:

U.S. CRUDE WEEKLY CRUDE IMPORTS RISE TO HIGHEST SINCE 2012: EIA U.S.
DISTILLATE STOCKS REACH HIGHEST WEEKLY LEVELS SINCE OCTOBER 2010: EIA

Crude prices have slipped this week on, among other things, concerns of rising US crude production which exploded higher in the last week...The biggest surge since May 2015
---------------

So this is what I was saying yest.
Terrible numbers so the RORR push it HIGHER not DOWN.

This is a manipulated market. Expect this morning push up to be reverse and the trend to be DOWN through the bottom of the rectangle as per yest chart.

When will it reverse? Before they could continue it up for Wed and Thurs but I think they are weakening they power and perhaps the push is only could for today.
---------
for this morning showing how the media is trying to spin positive -- total BS MSM spin:
"Oil prices rise as details of Saudi supply cuts start to emerge
By Amanda Cooper

LONDON (Reuters) - Oil prices rose for the first time in three days on Wednesday, following news of Saudi supply cuts to Asia, but persistent doubt over output reductions and signs of rising shipments from other producers kept gains in check.

Brent crude futures were up 52 cents at $54.16 a barrel by 0950 GMT (4:50 a.m. ET), while U.S. West Texas Intermediate crude futures were up 44 cents at $51.26 a barrel.

Brent has surrendered nearly 40 percent of the gains made between late November and early January. Analysts, however, said the slide was unlikely to become more aggressive, given the likelihood of Saudi Arabia and its Gulf neighbors at least sticking to their pledge to cut output.

"Few envision that Brent crude at sub-$50 a barrel is a viable price (in H1, or the first half of 2017) amid OPEC production cuts tightening up the market," SEB commodities strategist Bjarne Schieldrop said.

"If last night’s low of $53.58/barrel turns out to be the low point remains to be seen. However, we do think that buying in the territory between the current price of $53.88/b and down to $50/b is probably as good as it gets for buyers in H1."

Saudi Arabia, the world's top oil exporter, has told some of its Asian customers that it will reduce their crude supplies slightly in February.
"
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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Cobra
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Re: 01/11/2017 Live Update

Post by Cobra »

looks like another range day, aka boring.
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daytradingES
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Re: 01/11/2017 Live Update

Post by daytradingES »

As expected initial push up as trump starts
perhaps peak at 69.75?
and then...
down?

it's just like an FOMC day - no but whipsaws
Educational only and not trading advice (EO&NTA) :)
Good trading to all
fehro
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Re: 01/11/2017 Live Update

Post by fehro »

/CL USOIL 60m back into resistance zone.. break down . .. of sloppy H&S 60m may stall and reverse soon.. not sure… DXY very strong.. only a matter of time.
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Eddie
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Re: 01/11/2017 Live Update

Post by Eddie »

Trumpster showtime
brokebybernacke2
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Re: 01/11/2017 Live Update

Post by brokebybernacke2 »

ITS GONNA BE HUGE. DOW 20000 BY MY PRESS CONFERENCE, SO RICH, BUILD WALL.....CHINA, MEXICOOOOO... :D
fehro
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Re: 01/11/2017 Live Update

Post by fehro »

Bios slammed and take NDX down to red
fehro
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Re: 01/11/2017 Live Update

Post by fehro »

fehro wrote:SPX careful here.. VIX very active.. 2267/63 SPX very key.. goes looking for a fast 10 point drop
Key time.. at 20d SMA
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fehro
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Re: 01/11/2017 Live Update

Post by fehro »

fehro wrote:
fehro wrote:SPX careful here.. VIX very active.. 2267/63 SPX very key.. goes looking for a fast 10 point drop
Key time.. at 20d SMA
retesting neckline.. hourly .. trying to hammer
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Cobra
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Re: 01/11/2017 Live Update

Post by Cobra »


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Al_Dente
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Re: 01/11/2017 Live Update

Post by Al_Dente »

NYSE NEWS:
“NYSE plans to offer trading in all U.S. securities, including Nasdaq-listed symbols and all listed exchange traded products.”
“By year-end 2017, all NYSE markets will trade the full universe of 8,600 U.S. listed securities, including exchange traded products.”
[This will surely change the dynamics of the symbols $NYSE and $NYA, so PLEASE POST WHEN YOU SEE MORE DETAIL.]
http://ir.theice.com/press/press-releas ... -142606416


Tom DeMark:
NO DOW 20,000
[Jan. 6 Bloomberg interview]
http://www.zerohedge.com/news/2017-01-1 ... -hats-away
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 01/11/2017 Live Update

Post by fehro »

SPX 20d testing again.. so key.. mind the open gap just below
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fehro
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Re: 01/11/2017 Live Update

Post by fehro »

TLT on the move. DXY /UUP weekends.. GLD nears 50d SMA
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fehro
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Re: 01/11/2017 Live Update

Post by fehro »

DXY pulls back testing breakout level again
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fehro
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Re: 01/11/2017 Live Update

Post by fehro »

SPX LOD goes.. look for gap fill
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Al_Dente
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Re: 01/11/2017 Live Update

Post by Al_Dente »

PEOTUS: Pharma companies are “getting away with murder”
Reds on this heatmap are mostly pharma and biotech
http://finviz.com/map.ashx
111heat.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 01/11/2017 Live Update

Post by Cobra »

double bottom may have chances.
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te_fern
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Re: 01/11/2017 Live Update

Post by te_fern »

Bio leverage chart......
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Eddie
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Re: 01/11/2017 Live Update

Post by Eddie »

Will interesting to see if ES can get through VWAP at round 63
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