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07/09/2021 Live Update

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Al_Dente
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Re: 07/09/2021 Live Update

Post by Al_Dente »

BofA:
Statistically there is a 60% chance that the S&P will catch down to its 200DMA (SPX 3,863).
The SPX stayed above its 200-day MA for an entire calendar year only 13 times (14% of the time) going back to 1929. This means that the SPX revisited its 200-day MA in the second half (2H) of the year in 21 out the 35 years in which the SPX did not close below its 200-day MA during the first half of the year. The 200-day MA on the SPX stands at 3853 (11% below current levels) and is rising about five points per session.
[BofA, from zh]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 07/09/2021 Live Update

Post by BullBear52x »

3 push up, market throwing a curve ball at me on price action projection. no expecting ATH, well, still trading bearish setup.
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BullBear52x
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Re: 07/09/2021 Live Update

Post by BullBear52x »

Momentum traders/Algo are the big winners, where internals are still bearish. mixed signals. :?:
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Cobra
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Re: 07/09/2021 Live Update

Post by Cobra »

Breakout is more likely.
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BullBear52x
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Re: 07/09/2021 Live Update

Post by BullBear52x »

As long as the NYMO is negative, the cat is dead, until it managed to regain a positive NYMO. and on the PBSPX big move is coming and it will not be on the up side. you can only defy gravity for so long.
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JFR
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Re: 07/09/2021 Live Update

Post by JFR »

SPY 5. Strong move up after the overnight gap. The range has moved to a higher level.

2021-07-09_12-10-49.png
Last edited by JFR on Fri Jul 09, 2021 3:13 pm, edited 1 time in total.
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JFR
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Re: 07/09/2021 Live Update

Post by JFR »

DIA, IWM, QQQ and SPY. All up of course.

2021-07-09_11-22-39.png
Last edited by JFR on Fri Jul 09, 2021 2:27 pm, edited 1 time in total.
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JFR
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Re: 07/09/2021 Live Update

Post by JFR »

Alternatives. TLT and UUP down. The others are up.

2021-07-09_11-25-04.png
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QED
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Re: 07/09/2021 Live Update

Post by QED »

BullBear52x wrote:As long as the NYMO is negative, the cat is dead, until it managed to regain a positive NYMO. and on the PBSPX big move is coming and it will not be on the up side. you can only defy gravity for so long.
Sven Henrich@NorthmanTrader
You have to see it to believe it:
https://twitter.com/NorthmanTrader/stat ... 7768375304

.
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JFR
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Re: 07/09/2021 Live Update

Post by JFR »

Dow 30. A whole lotta green. GS and JPM leading. MSFT, CRM and MRK trailing.

2021-07-09_11-28-29.png
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JFR
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Re: 07/09/2021 Live Update

Post by JFR »

MXIM having an excellent day.

2021-07-09_11-45-19.png
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JFR
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Re: 07/09/2021 Live Update

Post by JFR »

From AutoChartist. GBP/USD.

2021-07-09_12-00-19.png
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Al_Dente
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Re: 07/09/2021 Live Update

Post by Al_Dente »

Russell says it will delete around 20 Chinese stocks from its indexes :o
Deletions scheduled for July 28
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BullBear52x
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Re: 07/09/2021 Live Update

Post by BullBear52x »

The Moon mission will be hard expedition with this type of internals.
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Al_Dente
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Re: 07/09/2021 Live Update

Post by Al_Dente »

TLSA stock chart has produced the first bearish “death cross” pattern in more than two years on Friday
https://www.marketwatch.com/story/a-tes ... 1625771674
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BullBear52x
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Re: 07/09/2021 Live Update

Post by BullBear52x »

Back in the day, Buy put on SPY and day trade on long setup only intraday on /ES. now I only trade sell setup and it will continue next week. $VIX back to no man's land. see ya next week, Peace!
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Cobra
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Re: 07/09/2021 Live Update

Post by Cobra »


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Cobra
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Re: 07/09/2021 Live Update

Post by Cobra »


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Cobra
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Re: 07/09/2021 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/ ... /533449377

Thank you guys, I'll see you in another thread soon.

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