07/15/2016 Live Update

[fehro]

DXY new HOD, testing 200d sMA mind your gold/oil.. seems the dollar "could" explode up over the weekend.. /CL 20w 44.10 key level /GC 20d testing 1324.10, 200w SMA 1304

[JFR]

And YM fills the overnight gap, after NQ and ES fill earlier.

[BullBear52x]

ways oversold now intraday, out and wait for new signals.

[BullBear52x]

I will buy next dip.

[JFR]

CL and ES. Tandem bike ride. Choppier ride for ES.

[Daniel]

OPEX Fridays have odd movements and atypical inter-sector correlations in the AM session.

For eg. Gold, Yen, Dollar are all at or near the top of their intraday range.

[fehro]

mind yesterday's open gap SPX 2152-57.. we enter.. could be fast down

[BullBear52x]

Short term, if next intraday buy fails I will be a little more cautious, not yet.

[Mr. BachNut]

It must be Friday... that BachNut guy is blathering on about NYMO again...

The NYMO cycle is up.

We now have the negative divergence I was looking for.
As noted in last post, NYMO tops before price.

My last upside target has arguably been met.
However, price missed my upper keltner band yesterday by a point.
So, I can't say bulls have sealed the deal for a big move.
The upper band gets periodic tags in bull markets vice versa in bears.
Last tag was bear.
Bulls would be well served by a pullback that flattens the band to set up a break.

I have a plethora of possible down targets now, but it is too soon to get excited.
We have broken long standing resistance (now support) and have huge momentum.
Unless there is some scary event, it will take awhile to turn this train.
I'll be looking for a test of support and hit of easy targets and then we'll see (bullish continuation or topping pattern).

We have Bradley Turn date and VIX expiration next week.
I am flat at the moment but looking to short into support.

[Cobra]

target yesterday's low, then we'll see.

[Al_Dente]

The “Flight to Safety” trade (TLT, GDX) is a bit weak at the moment
5min

[fehro]

/ES 60m.. messy not ideal.. but measure move = 2100 SPX next week

[BullBear52x]

The chart forced me to chase with a ready to reverse at any moment.

[JFR]

Testing a support level.

[BullBear52x]

reverse to buy now, 52.5

[Al_Dente]

buying spree of all stocks, unlike anything seen in years…
monday (7/11) saw the largest HY [high-yield-junk bonds] inflows on record ($2.1bn), the largest equity ETF inflows since Dec’15 ($6.4bn) … the day when bears capitulated into risk assets
…will it continue?
[BofA… who has been wrong most of this year, along with practically everyone else…]
http://www.zerohedge.com/news/2016-07-1 ... rket-highs

[BullBear52x]

Stop is at LOD for my last buy, if stopped out, I will be done for da day, it's FRIDAY and I will be on Vacation the next two weeks, Peace and good luck!

***at the mean time the congress is working to pass the bill to ban 18 wheeler. sick world and no one have the answer to this***

[Cobra]

members only update at 12:02 pm
http://www.cobrasmarketview.com/2016/07 ... ay-update/

[johnnywa]

It must be Friday... that BachNut guy is blathering on about NYMO again...

The NYMO cycle is up.

We now have the negative divergence I was looking for.
As noted in last post, NYMO tops before price.

My last upside target has arguably been met.
However, price missed my upper keltner band yesterday by a point.
So, I can't say bulls have sealed the deal for a big move.
The upper band gets periodic tags in bull markets vice versa in bears.
Last tag was bear.
Bulls would be well served by a pullback that flattens the band to set up a break.

I have a plethora of possible down targets now, but it is too soon to get excited.
We have broken long standing resistance (now support) and have huge momentum.
Unless there is some scary event, it will take awhile to turn this train.
I'll be looking for a test of support and hit of easy targets and then we'll see (bullish continuation or topping pattern).

We have Bradley Turn date and VIX expiration next week.
I am flat at the moment but looking to short into support.

NYMO 071516.jpg

So the 3 sites I monitor have no July 17 turndates,the last they have is July5,I noticed the other day yours didn't have the 5th,I tried to Google different sites and could not find July 17 on any of themmm...I am perplexed

[fehro]

SPX .. possible support .. open gap soooo close tho.. could still see sharp down.