Daniel
Posts: 3484 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Wed Jul 31, 2019 2:04 pm
GDXJ down -3%
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Wed Jul 31, 2019 2:05 pm
so the market is angry that the cut wasn't a half point
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullBear52x
Posts: 29700 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Jul 31, 2019 2:06 pm
Yesterday's low, can bears make it rain today?
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Heck
Posts: 2535 Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada
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by Heck » Wed Jul 31, 2019 2:09 pm
All Three Option Sentiment Indicators = DOWN
Undervalued PUTS more than three times calls = Look out below
Daniel
Posts: 3484 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Wed Jul 31, 2019 2:09 pm
Al_Dente wrote: so the market is angry that the cut wasn't a half point
Price will determine the headlines. Flat from here "the widely anticipated cut". Up from here "market liked Fed support". Down, ...as you wrote above.
Daniel
Posts: 3484 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Wed Jul 31, 2019 2:15 pm
Cobra wrote: roller coaster show
So far more like a "tractor pull" tug-of-war.
Shaishen
Posts: 268 Joined: Tue Jul 01, 2014 3:57 pm
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by Shaishen » Wed Jul 31, 2019 2:18 pm
I assume my thinking is too simplistic - first reaction to the rate cut - Stock markets seems to somewhat like it, somewhat because it was expected.
Not clear why the USD also trades higher
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ccash04
Posts: 397 Joined: Wed Jul 13, 2011 9:20 am
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by ccash04 » Wed Jul 31, 2019 2:24 pm
Bears need to pull it together and smash through 300
Daniel
Posts: 3484 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Wed Jul 31, 2019 2:28 pm
Daniel wrote: GDXJ down -3%
Strong rebound in the metals has taken this back to just -1%, similar recovery in SLV.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Wed Jul 31, 2019 2:31 pm
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
Posts: 3484 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Wed Jul 31, 2019 2:33 pm
Working on a second 15min inside bar on the QQQ.
BullBear52x
Posts: 29700 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Jul 31, 2019 2:39 pm
Fear factor, next HH on $VIX will seal the deal for bears for now, not so much.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29700 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Jul 31, 2019 2:44 pm
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29700 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Jul 31, 2019 2:46 pm
support
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Shaishen
Posts: 268 Joined: Tue Jul 01, 2014 3:57 pm
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by Shaishen » Wed Jul 31, 2019 2:47 pm
Zerohedge
"ICE DOLLAR INDEX RISES TO 2-YEAR HIGH AS GREENBACK EXTENDS GAIN
this is called Policy Error"
.
BullBear52x
Posts: 29700 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Jul 31, 2019 2:51 pm
Target hits, see you all tomorrow, trade well, Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29700 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Jul 31, 2019 2:54 pm
Chart for the road: /ES:market bounce tomorrow will not surprise me, but I am not bullish, not yet. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Shaishen
Posts: 268 Joined: Tue Jul 01, 2014 3:57 pm
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by Shaishen » Wed Jul 31, 2019 2:55 pm
So /ES 3K is looking like resistance now? Printing July month open ~ 2977- as per my chart stuff 2977 is LiS
There is an unfilled gap June 18 but that would be crazy
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Cobra
Site Admin
Posts: 58864 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Wed Jul 31, 2019 2:58 pm
vol surge, very long lower shadow so might be a rebound here first then we'll see. For a moment I thought the market is crashing. Seriously? The market really hopes for 0.5 cut?
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Wed Jul 31, 2019 3:01 pm
Powell … said this was a "mid-cycle adjustment" confirming that this is "not the start of an easing cycle."
Stocks tumbled....
[zh]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.