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09/28/2017 Live Update

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Cobra
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09/28/2017 Live Update

Post by Cobra »

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the pullback might be bought again but it may not make a new all time high.
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Cobra
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Re: 09/28/2017 Live Update

Post by Cobra »


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Re: 09/28/2017 Live Update

Post by Cobra »


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te_fern
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Re: 09/28/2017 Live Update

Post by te_fern »

TICKs have started the morning headed lower...
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Al_Dente
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Re: 09/28/2017 Live Update

Post by Al_Dente »

there’s more to the nasdaq than the lousy FANGs and the Q-100
see here:
although the new highs on the NDX (QQQ) are pathetic
the highs on the full nasdaq COMPQ are quite strong
[daily, as of yesterday’s close]
927 highs nas.png.png
A similar point is made here in the McClellan Oscillator on the NDX vs the McClellan on the NAS
927namo.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 09/28/2017 Live Update

Post by Al_Dente »

"Negative divergences such as these can persist for long periods of time before the trend in the overall market changes and are just one aspect of a scenario that leads to a major downdraft in stocks. "
good LONG TERM breadth charts here
http://www.zerohedge.com/news/2017-09-2 ... et-decline
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 09/28/2017 Live Update

Post by te_fern »

Levered smalls can't seem to get through its VWAP this morning (green line)..
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te_fern
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Re: 09/28/2017 Live Update

Post by te_fern »

Seems the biotechs can't be stopped this morning. Very overbought......
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fehro
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Re: 09/28/2017 Live Update

Post by fehro »

NDX /COMPQ LOD's key… QQQ SPY 5m .. minor possible bear flags.. gap filling…VIX still green.. bonds weak red, VXX red
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Screen Shot 2017-09-28 at 7.39.34 AM.png
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Al_Dente
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Re: 09/28/2017 Live Update

Post by Al_Dente »

Participation wanes in spy and qqq
Whereas the smalls participation (cyan, SML above 20ma) was strong this whole leg up
(not pictured here: by way of comparison, in the massive post-election ramp the smalls got as high as roughly 94% above the 20ma, vs yesterday’s 87%)
928particip.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 09/28/2017 Live Update

Post by Trades with cats »

yea, it is from the evil site and yes I have been waiting for this press barrage to get going.
Image
Trades with cats
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Re: 09/28/2017 Live Update

Post by Trades with cats »

Small cap futures in Renko format.
Small cap futures in Renko format.
fehro
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Re: 09/28/2017 Live Update

Post by fehro »

be sooo careful here.. LOD goes on SPY /QQQ SPX .. could see very sharp down… SPX 5m bearish rising wedge.. LOD goes.. target it 2494 .. 13 point drop .. "IF" we stall here and take out LOD
remember EOM, EOQ today tomorrow.. will there be heavy profit taking? not sure..
Last edited by fehro on Thu Sep 28, 2017 10:50 am, edited 1 time in total.
Wallstreetrader
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Re: 09/28/2017 Live Update

Post by Wallstreetrader »

...
Last edited by Wallstreetrader on Wed Oct 11, 2017 12:17 pm, edited 1 time in total.
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Cobra
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Re: 09/28/2017 Live Update

Post by Cobra »

double bottom breakout, maybe the low was in.
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Al_Dente
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Re: 09/28/2017 Live Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 09/28/2017 Live Update

Post by Trades with cats »

ES 12-17 (1000 Tick)  9_28_2017.jpg
te_fern
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Re: 09/28/2017 Live Update

Post by te_fern »

Levered smalls showing some life. Took a small nibble....
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fehro
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Re: 09/28/2017 Live Update

Post by fehro »

TRANsports.. wants that 9900.00 level.. just 5 point away from ATH HOD :roll:
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Screen Shot 2017-09-28 at 8.37.19 AM.png
te_fern
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Re: 09/28/2017 Live Update

Post by te_fern »

Pasta Boss, hows the up-down indicators doing??
This is not investment or trade advice.
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