07/28/2015 Live Update

[fehro]

Two of Three ISE indicators = BUY

https://www.ise.com/market-data/isee-index/

nice calls by the way... as you lurk in the background...

[Al_Dente]

Finally fans out
Interesting that it did so on the first positive-divergent momentum RSI (bottom panel) from late yesterday
Next resistance is a test of the red line, then backtesting the 50% level
Dome resistance (pink) is arbitrary
Intraday internals favored bulls 2-to-1 on the open, but they gave that back pretty quickly. Now CHOP/RANGE is indicated, with only the slightest bull advantage at the moment, but that can change quickly when we’re around the 1-to-1 level…

[Trades with cats]

5000 Tick ES

The red dot dash line at 2068 is Fat Tails version of VWAP. We usually get to it a couple of times a day.

[Unique]

TSLA = BTFD all day, 251 stop. Maybe easiest money of the week

TSLA: Last chance before we fly boys... seatbelts on

[Denali92]

not a particular insightful FOMC preview, as there is not the usual employment report occurring near this FOMC meeting.

Still, good to be disciplined and prepare the analysis.

http://www.cobrasmarketview.com/2015/07 ... ay-update/

-D

[daytradingES]

a little late I think the low 2061.50 at 9:26CT was the low so looking to buy if it will pull back a bit

[Jennyahwu]

TSLA = BTFD all day, 251 stop. Maybe easiest money of the week

TSLA: Last chance before we fly boys... seatbelts on

How about PCLN? bottom1186? thx.

[fehro]

/CL .. minor pop..minor invs H&S looking for $1 move

[Cobra]

testing day high, key time. so far looks not bad.

[Unique]

TSLA = BTFD all day, 251 stop. Maybe easiest money of the week

TSLA: Last chance before we fly boys... seatbelts on

How about PCLN? bottom1186? thx.

I don't follow PCLN closely enough, hourly bull needs 1205 for confirmation. Or else this is a shakefest 1202 vs 1185 before Fed day/week

[fehro]

SPX filling upper gap..morning gap was not filled...

[daytradingES]

dagnabit!

[fehro]

INDEX ... Transports.. non stop... RUT trying to hammer

[Unique]

TSLA: Took 1/4 profits, gonna let this ride trailing and most likely close 90% by EOD. Peace out done for the day

[Al_Dente]

Bull volume exploded with price
Ascending triangle breaks upward 70% of the time
http://thepatternsite.com/at.html

[Unique]

Forgot to mention on this board. TSLA immediate intraday target was = 258 -260
and hourly leg 2 = 262-264 (lower probability obviously)
Good luck all!

[fehro]

SPX .. hourly candle will be of interest....lunch hour drift possible.. another RS should we 'pause'

[Al_Dente]

Advancing stocks are 1.6 x declining stocks (NYADV/NYDEC)
Advancing volume is 3.1 x declining volume (NYUPV/NYDNV)
This implies that the bulk of the volume is flowing into fewer stocks (otherwise the advancing stocks would be more like 3x the declining ones)
I believe I’m right about that. Please argue to the contrary.

[fehro]

/CL .. minor pop..minor invs H&S looking for $1 move

ding ding... almost there

[fehro]

TRANSports new HOD