07/14/2017 Live Update

[fehro]

SPX zoo close to ATH just 1 point

we get a no nATH.. or we get a pop nATH and sharp reversal SPX takes out 2448.. look to Wed open gap 2335-25.

[te_fern]

fehro's possible GAP fill.....

[Al_Dente]

GOLD SILVER
How did this guy get the COT numbers early?
NOPE, this was originally posted yesterday and it gives numbers from JULY 4
That pizzzzes me off
Check your dates when dealing with zh and friends
http://www.zerohedge.com/news/2017-07-1 ... ottom-near

[te_fern]

Fourth touch, can it break through????

[te_fern]

SPX is still thinking about it... LOL!

[Cobra]

bias is up.

[Cobra]

members only update at 11:58 am
http://www.cobrasmarketview.com/2017/07 ... ay-update/

[fehro]

SPX Daily.. chart from yesterday's question 2500 or 2400 first.. 2466 key.

[johnnywa]

Small caps just cant get any traction

[Cobra]

breakout likely.

[te_fern]

Watch for bull trap, but as Cobra said, breakout likely and there she goes.......

[Daniel]

/Levered financials not looking very strong this morning...

Indeed. XLF is still down 1% on the day. However, at the low today (ca 24.60) XLF exactly tagged the (strongly upslope) daily 20MA... and so far has rebounded well. Other than jumping around like a mexican jumping bean the past several days, it's still in a technically impeccable intermediate uptrend, holding well above the 50day. Right now it's about where it closed on Tuesday.

[Cobra]

this bull shall have legs.

[johnnywa]

Wow small caps still dead

[te_fern]

Levered smalls...

[johnnywa]

So whats your point

[Al_Dente]

junk bonds HYG
ATH

[fehro]

they are trying to hard to bring all the indexes to ATH.. but RUT is playing along SPX/INDU nATH TRANS nATH this week .. COMPQ/NDX/RUT lag. VIX not at multi year lows.

[Wallstreetrader]

miss these move pacience daniel soon will have more another opp , divergences and condition overbought very extreme !

Good weekend to everyones, bye.

[te_fern]

So whats your point

Just showing a picture to support your point...