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07/20/2017 Live Update

fehro
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Re: 07/20/2017 Live Update

Post by fehro »

Indexes LOD go.. look for a deeper drop to yLOD, yGAPS .. Tech trying desperately to keep us up.. QQQ strongest.. IWM weakest
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Cobra
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Re: 07/20/2017 Live Update

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Cobra
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Re: 07/20/2017 Live Update

Post by Cobra »

we're on the dashed blue arrow now. I expect a triangle.
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fehro
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Re: 07/20/2017 Live Update

Post by fehro »

fehro wrote:not so rosy all over.. :roll: TRANsports.. takes out last 2 weeks LOW nLOM testing Jun highs.. should provide support
a tad heavy volume yesterday.. but I'm sure it's fine… Tech and bios up today.. drugs and likes will save us! :roll: :lol: :lol:
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Al_Dente
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Re: 07/20/2017 Live Update

Post by Al_Dente »

QQQ new high
Semis lag
The angle on QQQ is a bit steep. I’ve been expecting it to fan out a bit but it hasn’t yet
60m
720qqq 60.png.png
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Cobra
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Re: 07/20/2017 Live Update

Post by Cobra »

maybe it's range high now.
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Al_Dente
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Re: 07/20/2017 Live Update

Post by Al_Dente »

OJ parole hearing
http://news3lv.com/live
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Daniel
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Re: 07/20/2017 Live Update

Post by Daniel »

SPY total range so far today: $1

Movements look bigger on charts when ranges get this small on ETFs-- but these fluctuations of 0.1 to 0.2% up or down are really just the random market noise of a stable and un-agitated market.

..and the bull grinds on.
Wallstreetrader
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Re: 07/20/2017 Live Update

Post by Wallstreetrader »

Dax has bear flag broked spx next ?
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Al_Dente
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Re: 07/20/2017 Live Update

Post by Al_Dente »

Day to day AdvanceDecline issues are fickle, so this 10ma smoothes it out (gray line behind price)
TODAY the average AD is about to break out and confirm this levitation
That’s a surprise because this average AD is on the full nasdaq, not just on the ndx
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720ad nas.png.png
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te_fern
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Re: 07/20/2017 Live Update

Post by te_fern »

SPX has found resistance all day around the red MA line. Hopefully it will happen again!
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te_fern
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Re: 07/20/2017 Live Update

Post by te_fern »

Got the bounce, now it needs to hold it...
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Cobra
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Re: 07/20/2017 Live Update

Post by Cobra »

not exactly triangle, but still range actions: donw up down up, now let's see if bulls can touch the blue line again which if they can then bias is up.
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Al_Dente
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Re: 07/20/2017 Live Update

Post by Al_Dente »

HAPPY HOUR
Image
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fehro
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Re: 07/20/2017 Live Update

Post by fehro »

Wallstreetrader wrote:...Fed Downsizing when ?


At the highs of course. :roll: :lol:
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Cobra
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Re: 07/20/2017 Live Update

Post by Cobra »

consolidation here for a few bars instead of pullback then breakout would be very likely. wait and see.
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Al_Dente
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Re: 07/20/2017 Live Update

Post by Al_Dente »

Watch MSFT earnings after the close
(MSFT is 2.34% of the dow)
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Cobra
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Re: 07/20/2017 Live Update

Post by Cobra »

if not because close is near, I'd be very sure breakout coming. now still breakout is more likely.
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te_fern
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Re: 07/20/2017 Live Update

Post by te_fern »

Levered financials generally went sideways today...
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te_fern
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Re: 07/20/2017 Live Update

Post by te_fern »

Levered semi's were up today after a rough start..
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