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07/01/2022 Live Update

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Cobra
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07/01/2022 Live Update

Post by Cobra »

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Maybe a triangle here so bias is a little bit down.
ES60min.png

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koolblue
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Re: 07/01/2022 Live Update

Post by koolblue »

Hourly.png
8-)
koolblue
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Re: 07/01/2022 Live Update

Post by koolblue »

One other note of caution.If by some chance we close anywhere near the 3691 level it would make the weekly candle extremely negative , And since the daily is still on a sell, it is at least possible. In any case, so far the three day window for bulls to rally hard is : Day one ....down!
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BullBear52x
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Re: 07/01/2022 Live Update

Post by BullBear52x »

Inside day. internals are back to bearish, bulls need to have a daily HH from yesterday just to stay relevant.
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cletus
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Re: 07/01/2022 Live Update

Post by cletus »

Cletus open:

1) 1 of 3 "double gaps" has now filled with at least 1 at 397 left to fill, there is also one down at the lows according to stockcharts
2) Holiday seasonality is normally bullish. That hasn't materialized but can at any moment.
3) Cycles point to an early morning rally at some point, so doesn't feel like the bears can trend so easily today
4) Interest rates are dropping hard which should provide tailwinds to tech stocks (cannot argue rising rates were bad and now falling rates are also bad)
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Trades w 2 Cats
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Re: 07/01/2022 Live Update

Post by Trades w 2 Cats »

Dropping in for a bit as I am not traveling today.
Macro picture has changed this week. Atlanta Fed GDP NOW model, as you saw, says recession. Micron says tech is done as expectation for gadget sales (laptops and phones) is falling hard. Interest rates down because market changed the Fed Funds future expecting less up and a much sooner reversal. I am waiting for this very controlled descent to turn into the sort of waterfall crash we had in the 2000 era.
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BullBear52x
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Re: 07/01/2022 Live Update

Post by BullBear52x »

Inside day, I treat it as range day for now. buy above 61.8%
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Cobra
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Re: 07/01/2022 Live Update

Post by Cobra »


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BullBear52x
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Re: 07/01/2022 Live Update

Post by BullBear52x »

Inside day you got to be fast. above 61.8% failed to hold now testing the lower 38.2% well, below that it will be very very very bearish.
Last edited by BullBear52x on Fri Jul 01, 2022 10:24 am, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
jademann
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Re: 07/01/2022 Live Update

Post by jademann »

My, admittedly simple VIX trading rules, just switched to buy dips from sell rallies, for the first time since March. (Blue ema line below Red :) )
https://schrts.co/yAesIaev
My comments were dictated to me by homie the clown
koolblue
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Re: 07/01/2022 Live Update

Post by koolblue »

short term.png
8-)
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Cobra
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Re: 07/01/2022 Live Update

Post by Cobra »

The range low might be in.
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koolblue
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Re: 07/01/2022 Live Update

Post by koolblue »

I think the expected 11:30 high may be in now. Next peak would be just before 1:00
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Cobra
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Re: 07/01/2022 Live Update

Post by Cobra »


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Al_Dente
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Re: 07/01/2022 Live Update

Post by Al_Dente »

Bulls see that higher low and they are buying calls at the moment
5m
Screenshot 2022-07-01 092320.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 07/01/2022 Live Update

Post by Cobra »

Possible higher low.
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JFR
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Re: 07/01/2022 Live Update

Post by JFR »

ES daily. Slip sliding down again. Beneath the EMA 20. The bears showing their strength.

2022-07-01_10-06-32.png
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JFR
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Re: 07/01/2022 Live Update

Post by JFR »

ES 60 minutes. In a wide base. All around the Pivot and the EMA 20.

2022-07-01_10-10-24.png
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JFR
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Re: 07/01/2022 Live Update

Post by JFR »

SPY 5 minutes. Price action. Going nowhere, but lots of possible plays, depending on your scale.

2022-07-01_10-14-52.png
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JFR
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Re: 07/01/2022 Live Update

Post by JFR »

Dow 30. Edge to the reds. MCD leading. INTC trailing.

2022-07-01_10-25-09.png
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