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07/16/2021 Live Update

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Cobra
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07/16/2021 Live Update

Post by Cobra »

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Higher low so maybe the low was in?

Gap up above the yesterday's high so could be a trend day either up or down.
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BullBear52x
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Re: 07/16/2021 Live Update

Post by BullBear52x »

Come2Papa on swing sell setup. cash SPX. quick ins and outs, bullish overnight and overbought. :twisted:
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BullBear52x
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Re: 07/16/2021 Live Update

Post by BullBear52x »

chart
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BullBear52x
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Re: 07/16/2021 Live Update

Post by BullBear52x »

:mrgreen: :twisted:
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Re: 07/16/2021 Live Update

Post by BullBear52x »

target ES
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Re: 07/16/2021 Live Update

Post by BullBear52x »

Today we have a bearish crossed MACD. consolidation phase starts (bullish consolidation phase) for short term, sell first ask question later. :lol:
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Cobra
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Re: 07/16/2021 Live Update

Post by Cobra »


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Cobra
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Re: 07/16/2021 Live Update

Post by Cobra »

It's a morning hourly filled black bar
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BullBear52x
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Re: 07/16/2021 Live Update

Post by BullBear52x »

It's Friday, Peace out!
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Re: 07/16/2021 Live Update

Post by Trades w 2 Cats »

MES 09-21 (3800 Tick) _ ES 09-21 (8000 Tick) 2021_07_16 (9_51_48 AM).png
Interesting moves up and down this week. Next week is supposed to be more volatile as chunks of options go away.
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Cobra
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Re: 07/16/2021 Live Update

Post by Cobra »

Decisively break the EMA20 then it's a range day. Decisively break the day low in the next couple of bars then it's a downtrend day. Key time.
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Re: 07/16/2021 Live Update

Post by Cobra »


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JFR
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Re: 07/16/2021 Live Update

Post by JFR »

Alternatives.

2021-07-16_09-15-55.png
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JFR
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Re: 07/16/2021 Live Update

Post by JFR »

Leaders and laggards on the Dow.

2021-07-16_09-18-52.png
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Re: 07/16/2021 Live Update

Post by Trades w 2 Cats »

MES 09-21 (950 Tick) _ ES 09-21 (2000 Tick) 2021_07_16 (11_48_32 AM).png
Yesterday's close hanging tough so far, will there be a fourth knock on the door today or is it over.
Waiting for the late day regularly scheduled rally.
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Al_Dente
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Re: 07/16/2021 Live Update

Post by Al_Dente »

one week, the 11 sectors
look at the top three green sectors
oy
https://stockcharts.com/freecharts/sect ... y.html?O=2
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Al_Dente
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Re: 07/16/2021 Live Update

Post by Al_Dente »

Fidelity retailer orders today
716fid.png.jpg
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Cobra
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Re: 07/16/2021 Live Update

Post by Cobra »

Testing day low, let's see whether bulls can make a double bottom here.
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Al_Dente
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Re: 07/16/2021 Live Update

Post by Al_Dente »

According to Goldman's Vishal Vivek, strong options trading activity in single stocks, dominated by volumes in AMZN, TSLA, AAPL, NVDA and GOOGL, have driven average daily value traded to an all time high: $534 BN of options have traded on the average day in July (including $348bn in call options), well above the prior year average of $367bn.

with 64% of all trading this month in just 5 names (AMZN, TSLA, AAPL,NVDA, GOOGL)...
investors have increasingly focused on trading ultra short-dated options; options with less than 2 weeks to expiry comprise 75% of all trades.

What is notable is that whereas recent bursts of option activity which culminated in the first quarter of 2021 targeted meme stocks, this time the call buyers are going for the FAAMGs themselves. It remains unclear if buyers of call are institutions or retail buyers...

..... even as market breadth has collapsed..

[GS and zh]
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Al_Dente
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Re: 07/16/2021 Live Update

Post by Al_Dente »

Given the data I just posted: “64% of all trading this month is in just 5 names (AMZN, TSLA, AAPL,NVDA, GOOGL)"
I consturcted an ICARUS TECH chart, 30 min, one month
716icarus.png.jpg
Last edited by Al_Dente on Fri Jul 16, 2021 3:17 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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