07/09/2015 Live Update

[fehro]

http://www.aaii.com/sentimentsurvey/sent_results

[fehro]

SPX.. cover partial shorts on spike down to 200d.. if we get it.. soo close

[Cobra]

Very small descending triangle so bias still a little little down.

[Al_Dente]

NYSE says “problems with new software” led to yesterday’s outage
That’s a rare admission, as they usually pretend like they have no clue
Here’s what I learned from all the chatter yesterday:
1) They canceled ALL open orders… HOW MANY WAS THAT? 750,000 open orders were cancelled
2) These days, the NYSE only accounts for about 20% of all trades. 80% are executed “off board” on other exchanges and pools.
3) That final/last volume spike [5min] we always see at the close is MOC (market-on-close) orders from portfolio managers and mutual fund managers settling their day. We suspected that; now confirmed.
“Much of the trading on the NYSE happens at the end of the day, when portfolio managers put in orders designed to occur at the exact market close, to ensure end-of-day pricing…”
“60% of the NYSE SPX trades are MOC for funds and institutions”
Which is why they re-opened at 3:10 ET, to capture all their MOC orders which are an astonishing 60% of their daily SPX business…

[BullBear52x]

Short term bearish "L" shape consolidation. good for bearish continuation.

[Al_Dente]

[fehro]

watch OIL .. . Kery about to make a statement on IRAN

[BullBear52x]

intraday one more buy coupon left, the pull back was too big next rips papa bull will be challenged once more. today will not be easy day for bulls.

[MrMiyagi]

At this rate, SPY will close red

[fehro]

AAPL nearing thin air zone.. take out the other low 122.. quick drop to 200d/119 previous high

[BullBear52x]

give and take /ES down target is 2001 and SPX cash 2032ish?

[Daniel]

Ka-pow!

Fresh new lows across many sectors.

[fehro]

SPX 200d tagged out of early shorts.. keep a portion to run.

[BullBear52x]

First thing first, come2papa buy, I will buy the next buy wave. this is when TSI comes in handy.

[BullBear52x]

Buy, see my crystal ball of wishful thinking. blue arrow baby.

[Daniel]

$VXN, $RVX still hanging near 20-day highs..

(..and, at their highs for the day)

[fehro]

AAPL.. cracking weekly

[Daniel]

perhaps of note, as UUP hits its HOD, USO is far off its low.. Something other than currency factors are keeping it bouyant.

[Daniel]

Semis and staples (odd pair) hitting fresh LOD.

Other sectors close to it, but holding above (so far)

--Likewise w Naz advancers, well off LOD

[BullBear52x]

AAPL.. cracking weekly

Long term is cracking, but this is could be the last stand fight back also, confluence support in many level both price and indicators. short term there will be a fight me thinks.