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08/08/2017 Live Update

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Cobra
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08/08/2017 Live Update

Post by Cobra »

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bias is a little bit down.
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fehro
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Re: 08/08/2017 Live Update

Post by fehro »

SPX 60m takes out 2472.50 look for a 9 point drop to 2465.. dabbled short / added at 2477.00
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Re: 08/08/2017 Live Update

Post by Trades with cats »

Oil having a bad day.
fehro
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Re: 08/08/2017 Live Update

Post by fehro »

Weakness in TRANSports and INDU possible shooting star yesterday.. too early.. RUT futures.. looses this level 60m bearish wedge target is 1400ish $RUT
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JFR
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Re: 08/08/2017 Live Update

Post by JFR »

Overnight gap down on YM, ES and NQ.
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2017-08-08_0639.png
Charts posted are not recommendations. They are just a sharing of information.
fehro
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Re: 08/08/2017 Live Update

Post by fehro »

Trades with cats wrote:Oil having a bad day.

oil playing moving average ping pong… 200d 49.39 50w 49.08 6 days worth :roll:
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JFR
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Re: 08/08/2017 Live Update

Post by JFR »

TICK in the negative ...
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2017-08-08_0647.png
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Re: 08/08/2017 Live Update

Post by Trades with cats »

Yesterday's low is holding in the ES. So the question is will we spend six hours drifting back to yesterday's high. I already posted the Groundhog Day poster, gotta find something else. :lol:
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fehro
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Re: 08/08/2017 Live Update

Post by fehro »

fehro wrote:
Trades with cats wrote:Oil having a bad day.

oil playing moving average ping pong… 200d 49.39 50w 49.08 6 days worth :roll:

/CL takes out 48.75 look to target of 46.50ish.. sloppy H&S 60m.. 20w $48.08, 20d 47.88 50d 46.37
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JFR
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Re: 08/08/2017 Live Update

Post by JFR »

Gap fill on YM ...
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2017-08-08_0655.png
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Cobra
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Re: 08/08/2017 Live Update

Post by Cobra »


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Cobra
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Re: 08/08/2017 Live Update

Post by Cobra »

morning hourly hollow red
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Re: 08/08/2017 Live Update

Post by Trades with cats »

Interesting article from Oil Price .com up at Zerohedge this morning. Shows a different take on inventories, lots of charts. Does a good job of belittling people like me who watch the news for sentiment shifts :D . They do reach my conclusion on shale drillers which is Druckenmiller's comment 'I never met a Texan who wasn't willing to drill a hole with other people's money'.
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JFR
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Re: 08/08/2017 Live Update

Post by JFR »

Gap fill on ES.
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2017-08-08_0721.png
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Re: 08/08/2017 Live Update

Post by Trades with cats »

Small caps certainly compressed the time line down, bumping on yesterday's high already. I have ADR high four handles higher at 1420 on the TF. IF they make it a 10 point plus move today.
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Al_Dente
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Re: 08/08/2017 Live Update

Post by Al_Dente »

YESTERDAY: ALMANAC data
The DJIA 10 Straight & Counting
Its longest winning streak on record going back to 1901 was 13 trading days in January 1987.
http://jeffhirsch.tumblr.com/post/16391 ... t-counting
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 08/08/2017 Live Update

Post by fehro »

DXY USdollar up sharply.. mind your gold and oils
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Re: 08/08/2017 Live Update

Post by Trades with cats »

Trades with cats
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Re: 08/08/2017 Live Update

Post by Trades with cats »

Aha! Market got Jolted. So rate hikes are on again, Hooray with corporate debt to cash flow at the highest level in years that is good news! :twisted: Algo's must be behind the world wide buying. Doesn't make sense that the Dax went up with the US Dollar except that the Euro fell, after the last couple of weeks of the opposite. Wait, it must be one of those no matter what the news up it goes situations. I must re-train my brain to stop looking for fundamental economic reasons for market behavior.
Wallstreetrader
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Re: 08/08/2017 Live Update

Post by Wallstreetrader »

Dax has some resistance at 12300, but if breaks ... :ugeek:
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