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07/13/2021 Live Update

Trades w 2 Cats
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Re: 07/13/2021 Live Update

Post by Trades w 2 Cats »

BullBear52x wrote:Bears need 40 handles under the belt before a good sleep at night. the power that be knows that.
22 and 23 point drops overnight so far this week says no counter trend trading so far. :) As the boys from Texas (real Clear Investment Advice) say 'fully invested bear'.
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Al_Dente
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Re: 07/13/2021 Live Update

Post by Al_Dente »

Wednesday July 14
• US PPI
• Federal Reserve releases Beige Book, Fed Chair Powell, Fed’s Kashkari and BoE’s Ramsden speak
• Earnings: BAC, BLK, C, WFC
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: 07/13/2021 Live Update

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Cobra
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Re: 07/13/2021 Live Update

Post by Cobra »

My guess for fun based on common pattern.
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Al_Dente
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Re: 07/13/2021 Live Update

Post by Al_Dente »

Flatty McFlat on call buying
except they like QQQ calls (1/VXN)
713int.png.jpg
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Cobra
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Re: 07/13/2021 Live Update

Post by Cobra »

Maybe a rebound here firs then we'll see. The pullback finally signals today is a range day.
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Cobra
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Re: 07/13/2021 Live Update

Post by Cobra »

Should be a rebound here firs then we'll see whether it's again a breakdown then sharp reversal up.
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BullBear52x
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Re: 07/13/2021 Live Update

Post by BullBear52x »

Closed right here we will have confirmation on Negative D. A Turn around Tuesday looks like it will hold for bears today. :shock:
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BullBear52x
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Re: 07/13/2021 Live Update

Post by BullBear52x »

Week ago bulls ran over the gap filled, the failure to hold support will test the recent low in a hurry. most likely a buy tomorrow unless we have a surprised gap down.
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JFR
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Re: 07/13/2021 Live Update

Post by JFR »

ES 5 minutes. Nice recovery. Thank you for that, markets. Now moving down beneath the support pivot.
Last edited by JFR on Wed Jul 14, 2021 4:26 am, edited 1 time in total.
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JFR
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Re: 07/13/2021 Live Update

Post by JFR »

https://www.bls.gov/news.release/cpi.nr0.htm

CONSUMER PRICE INDEX – JUNE 2021
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9 percent
in June on a seasonally adjusted basis after rising 0.6 percent in May, the U.S.
Bureau of Labor Statistics reported today. This was the largest 1-month change
since June 2008 when the index rose 1.0 percent. Over the last 12 months, the
all items index increased 5.4 percent before seasonal adjustment; this was the
largest 12-month increase since a 5.4-percent increase for the period ending
August 2008.
https://www.thestreet.com/investing/inf ... d-pressure
The index for used cars and trucks continued to rise sharply, increasing 10.5% in June," the BLS said. "This increase accounted for more than one-third of the seasonally adjusted all items increase. The food index increased 0.8% in June, a larger increase than the 0.4-percent increase reported for May. The energy index increased 1.5% in June, with the gasoline index rising 2.5% over the month.
2021-07-13_11-55-23.png
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Cobra
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Re: 07/13/2021 Live Update

Post by Cobra »

Break the EMA20 decisively then it's double bottom or H&S bottom, key time.
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JFR
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Re: 07/13/2021 Live Update

Post by JFR »

Alternatives. DBC, USO and UUP up. IYR, SPYV and TLT down. IAU and SPYG treading water.

2021-07-13_12-15-55.png
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Cobra
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Re: 07/13/2021 Live Update

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BullBear52x
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Re: 07/13/2021 Live Update

Post by BullBear52x »

Now $VIX is confirming that the fear is back. It's fearful market now bears got what it needs, but can they? Peace!
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JFR
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Re: 07/13/2021 Live Update

Post by JFR »

From AutoChartist. GBP/USD.

Later ...

2021-07-13_12-41-14.png
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Cobra
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Re: 07/13/2021 Live Update

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Cobra
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Re: 07/13/2021 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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

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