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07/07/2017 Live Update

te_fern
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Re: 07/07/2017 Live Update

Post by te_fern »

Yes, FAS has rolled back under the resistance line!!
This is not investment or trade advice.
Daniel
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Joined: Fri Feb 10, 2012 4:27 pm

Re: 07/07/2017 Live Update

Post by Daniel »

te_fern wrote:Yes, FAS has rolled back under the resistance line!!
Clear triangular pattern in the short-intermediate timeframe.

Bullish case needs leadership now from the banks. 10-year yield has popped up to the 2.4% region, and EUFN (european finnies) is one of the stronger ETFs of late.

Bulls say go Finnies go, and bears do not want to see a new leg higher in any of these fin'l sub-sectors.

Addendum: Just now stumbled on this, courtesy of Mr.TopStep
"Europe Financials ETF (EUFN) Hits a New 52-Week High"
Last edited by Daniel on Fri Jul 07, 2017 3:49 pm, edited 1 time in total.
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Cobra
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Re: 07/07/2017 Live Update

Post by Cobra »

pullback indeed bought, now let's see if bears can make double top.
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Cobra
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Re: 07/07/2017 Live Update

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Cobra
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Re: 07/07/2017 Live Update

Post by Cobra »

well, guess that's it for today. Monday has been very bull friendly recently. thank you guys, I'll see you in another thread soon.

please don't forget our weekly sentiment poll which will be posted right after the close.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
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te_fern
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Re: 07/07/2017 Live Update

Post by te_fern »

I'll be traveling next week and back in the office on Friday. Everyone have a good weekend and week!
This is not investment or trade advice.
te_fern
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Joined: Tue Nov 24, 2015 3:35 pm

Re: 07/07/2017 Live Update

Post by te_fern »

te_fern wrote:I'll be traveling next week and back in the office on Friday. Everyone have a good weekend and week!
And thanks Cobra!
This is not investment or trade advice.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 07/07/2017 Live Update

Post by Daniel »

te_fern wrote:
te_fern wrote:I'll be traveling next week and back in the office on Friday. Everyone have a good weekend and week!
And thanks Cobra!
Always thanks to Cobra. Have a good trip. GLTA
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Cobra
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Re: 07/07/2017 Live Update

Post by Cobra »

our weekly sentiment poll is here:
viewtopic.php?f=9&t=2529

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Cobra
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Re: 07/07/2017 Live Update

Post by Cobra »

te_fern wrote:
te_fern wrote:I'll be traveling next week and back in the office on Friday. Everyone have a good weekend and week!
And thanks Cobra!
You're welcome.

Have a good time!

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