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07/31/2015 Live Update

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Unique
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Re: 07/31/2015 Live Update

Post by Unique »

NQ UPDATE: Charts
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Unique
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Re: 07/31/2015 Live Update

Post by Unique »

NQ key time here... on 5m/15m. Are bears really mythical creatures?
Am I gonna get stopped out as we squeeze 4609 -> 4614 in nanoseconds? :o
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Unique
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Re: 07/31/2015 Live Update

Post by Unique »

jway888 wrote:
Unique wrote:Shorted NQ 4600, stop = 4609. If this short fails, then we gonna have quick squeeze to 61.8% fib level = 4614 that I talked about yesterday.
loaded some PUT QQQ too. Stop is intraday high
NQ closed as hourly bull,bear,bull setup just now. We're in the same boat, looks like we can't bust out the champagne early. Gotta wait another hour :lol: :D
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
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Unique
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Re: 07/31/2015 Live Update

Post by Unique »

Off topic:
Tried Uber for the first time in Toronto last night, great experiences throughout 4 rides. Now, how do I make money off this?
How do I artificially short taxi licenses in Toronto, too late?
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
fehro
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Re: 07/31/2015 Live Update

Post by fehro »

Unique wrote:/CL OIL UPDATE: WEEKLY+MONTHLY road map reference

Bears want to end as low as possible today for the monthly full bear bar candlestick. This would bode well for the next two months since the roadmap
would be straight continuation down in August or an inside month first to consolidate at lows then try 42.41 and below in September.

Obviously, most of the easy money is gone already since this run came from 58 -> 47 support. Now, we're dealing with 47-> 42.4 in the immediate swing term...

Weekly CL has been red for past 7 weeks, so price is a bit oversold on that. Maybe we get a week or two bounce to form Lower Highs for the better bear re-entry.

Overall, you gotta be cautious chasing here if you're a bear. I played the easy money from 58 breakdown to 52-50 immediate target a few weeks ago.
Like I said last month, once we broke the inside monthly range bars 61.82 vs 56.83, then we were destined to have a huge breakout one way or the other.

still have a couple hours to go ... could doji.. morning star the weekly(next week)... agree the monthly is awful.. triangle.. 60m... fwiw...
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fehro
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Re: 07/31/2015 Live Update

Post by fehro »

IWM.. broke up and through trend.. the bear flag was too pretty... :roll: .. but nearing 20d, and possible RS .. "if" it stalls and fails...
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Cobra
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Re: 07/31/2015 Live Update

Post by Cobra »

2nd test of day high, 40% chances of double top, we'll have to wait.
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MrMiyagi
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Post by MrMiyagi »

qqq
qqq
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MrMiyagi
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$211.33 hit

Post by MrMiyagi »

spy10
spy10
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Re: 07/31/2015 Live Update

Post by Cobra »


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fehro
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Re: 07/31/2015 Live Update

Post by fehro »

SPX.. dabble a small short here.
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fehro
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Re: $211.33 hit

Post by fehro »

MrMiyagi wrote:
1404.png
201.82? coming up...
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MrMiyagi
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Post by MrMiyagi »

fehro wrote:201.82? coming up...
Invalid price. :evil:
fehro
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Re:

Post by fehro »

MrMiyagi wrote:
fehro wrote:201.82? coming up...
Invalid price. :evil:
.. whoops sorry typo :oops: :oops: 210.82
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MrMiyagi
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Post by MrMiyagi »

fehro wrote:.. whoops sorry typo :oops: :oops: 210.82
Invalid price. :evil:
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Re: 07/31/2015 Live Update

Post by fehro »

INDEX days.. UUP bouncing between 50d/20d ..
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silicon_beaver
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Re: 07/31/2015 Live Update

Post by silicon_beaver »

fehro wrote:INDEX days.. UUP bouncing between 50d/20d ..
Good time to long Oil?
six weeks in red is a reason.
fehro
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Re: 07/31/2015 Live Update

Post by fehro »

silicon_beaver wrote:
fehro wrote:INDEX days.. UUP bouncing between 50d/20d ..
Good time to long Oil?
six weeks in red is a reason.
tricky.. monthly oil is candle ugly.. today.. weekly inverted hammer.. could bounce chop for a few weeks.. or just tank.. the USD tho seems a tad weak....
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Cobra
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Re: 07/31/2015 Live Update

Post by Cobra »

bulls must do something here, the blue line below unlikely will hold another test.
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Re: 07/31/2015 Live Update

Post by fehro »

SPX as per the morning comments... 2100 key level.. 50d/20w.. looking for a tag or close on it.. fwiw
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Screen Shot 2015-07-31 at 10.42.22 AM.png
Last edited by fehro on Fri Jul 31, 2015 1:43 pm, edited 1 time in total.
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