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07/31/2018 Live Update

icman
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Re: 07/31/2018 Live Update

Post by icman »

Keep pushing MrMiyagi
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Al_Dente
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Re: 07/31/2018 Live Update

Post by Al_Dente »

Intraday
IWM smalls +1.44%
But IYT trans is +1.89% :shock:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
daytradingES
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Re: 07/31/2018 Live Update

Post by daytradingES »

trade closed while getting food (sim trade)
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Educational only and not trading advice (EO&NTA) :)
Good trading to all
Trades with cats
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Re: 07/31/2018 Live Update

Post by Trades with cats »

ES 09-18 (2000 Tick) 2018_07_31 (10_52_24 AM).png
You can see the resting sell orders around yesterday's high got cleared out along with the bid ask delta going green. At 2825 looks like we ran out of buyers before we ran out of sellers. Market still inside the hard drop range from Friday so I am not keen on going short until I see a second test of today's high or that support at 2820 fail because 2830 seems like it would be a better top. That is a retest of Friday's drop range.
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MrMiyagi
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Post by MrMiyagi »

COME ON BABY JANET'S DIAPER, DON'T FAIL US NOW!!
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Al_Dente
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Re: 07/31/2018 Live Update

Post by Al_Dente »

Junk (green) is “risk on”
But the fate of the world hinges on AAPL after hours
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731 junk.png.png
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Al_Dente
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Re: 07/31/2018 Live Update

Post by Al_Dente »

XLF was strong, but today it turned down at triple/quad top
Gray arrows point to rate hike days
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731xlf.png.png
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1der
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Re: 07/31/2018 Live Update

Post by 1der »

Trades with cats wrote:...... so I am not keen on going short until I see a second test of today's high or that support at 2820 fail because 2830 seems like it would be a better top. That is a retest of Friday's drop range.


The highest unfilled SPY PBar is at 283.00
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Al_Dente
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Re: 07/31/2018 Live Update

Post by Al_Dente »

XLV was the other antidote to the FAANGs+
breakout today due to PFE and MRK
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731xlv.png.png
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Al_Dente
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Re: 07/31/2018 Live Update

Post by Al_Dente »

And Industrials, XLI, needs to hold that breakout at triple top
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731xli.png.png
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Al_Dente
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Re: 07/31/2018 Live Update

Post by Al_Dente »

HAPPY HOUR
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Al_Dente
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Re: 07/31/2018 Live Update

Post by Al_Dente »

731industrials.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: 07/31/2018 Live Update

Post by Trades with cats »

ES 09-18 (2000 Tick) 2018_07_31 (1_04_52 PM).png
Circling the drain but it won't drop.
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MrMiyagi
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Post by MrMiyagi »

OK I guess Apple earnings skittishness is putting some pressure to the close here.
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Re: 07/31/2018 Live Update

Post by Trades with cats »

The doomers are all spilling ink about how Apple will be the final coffin nail for the FAANGs. No way, Tim is too good at this game and he has bazillions of dollars at his disposal. I will go with a pullback because the Fed is not going to be pretty.
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Cobra
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Re: 07/31/2018 Live Update

Post by Cobra »


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Cobra
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Re: 07/31/2018 Live Update

Post by Cobra »

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

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