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08/24/2018 Live Update

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Cobra
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Re: 08/24/2018 Live Update

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Al_Dente
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Re: 08/24/2018 Live Update

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SPY TRIVIA:
Approximately 16% of spy is APPL, MSFT, AMZN, FB, GOOG, GOOGL
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Re: 08/24/2018 Live Update

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NY advancing stocks = 2.4 x declining stocks
NY advancing volume = 2.8 x declining volume
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Re: 08/24/2018 Live Update

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This morning from TommyThornton, the guy who counts DeMark sequentials:
"$NDX $QQQ upside DeMark Sequential Countdown 13 exhaustion.
Joins all of the other major US indexes with upside exhaustion signals."
"The last time this occurred was in January."
https://pbs.twimg.com/media/DlXnRvXV4AEYOyA.jpg
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Re: 08/24/2018 Live Update

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note ADSK
is part of the S&P 500
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Re: 08/24/2018 Live Update

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Al_Dente wrote:NY advancing stocks = 2.4 x declining stocks
NY advancing volume = 2.8 x declining volume
NY advancing stocks = 1.93 x declining stocks
NY advancing volume = 1.97 x declining volume
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Cobra
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Re: 08/24/2018 Live Update

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vol surge so might be a rebound here first then we'll see. the pullback was too large for a typical uptrend day. not a good sign.
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Re: 08/24/2018 Live Update

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HAPPY HOUR
Image
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Re: 08/24/2018 Live Update

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WEEK AT A GLANCE (~hour before the close)
824week.png.png
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Re: 08/24/2018 Live Update

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I don't think it'd be lower high trend reversal (down) here simply because bears usually don't have the luck. let's see.
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Re: 08/24/2018 Live Update

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Bloomberg is applauding the world-ex-U.S. for finally moving up
If you look at the daily VEU you can see that it’s a dead-cat-bounce… for now….
And it’s still below its 200ma….
VEU has been following the 1/dollar for the last few months
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Re: 08/24/2018 Live Update

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Re: 08/24/2018 Live Update

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Re: 08/24/2018 Live Update

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well, guess that's it for today. Monday has been mixed. thank you guys, I'll see you in another thread soon.

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