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Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 10:48 am
by Unique
NQ UPDATE: Charts

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 10:55 am
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

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 11:02 am
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

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 11:07 am
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?

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 11:13 am
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...

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 11:45 am
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...

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 11:47 am
by Cobra
2nd test of day high, 40% chances of double top, we'll have to wait.

Posted: Fri Jul 31, 2015 11:56 am
by MrMiyagi
qqq
qqq

$211.33 hit

Posted: Fri Jul 31, 2015 12:08 pm
by MrMiyagi
spy10
spy10

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 12:23 pm
by Cobra

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 12:25 pm
by fehro
SPX.. dabble a small short here.

Re: $211.33 hit

Posted: Fri Jul 31, 2015 12:39 pm
by fehro
MrMiyagi wrote:
1404.png
201.82? coming up...

Posted: Fri Jul 31, 2015 12:42 pm
by MrMiyagi
fehro wrote:201.82? coming up...
Invalid price. :evil:

Re:

Posted: Fri Jul 31, 2015 12:44 pm
by fehro
MrMiyagi wrote:
fehro wrote:201.82? coming up...
Invalid price. :evil:
.. whoops sorry typo :oops: :oops: 210.82

Posted: Fri Jul 31, 2015 12:46 pm
by MrMiyagi
fehro wrote:.. whoops sorry typo :oops: :oops: 210.82
Invalid price. :evil:

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 1:15 pm
by fehro
INDEX days.. UUP bouncing between 50d/20d ..

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 1:36 pm
by silicon_beaver
fehro wrote:INDEX days.. UUP bouncing between 50d/20d ..
Good time to long Oil?
six weeks in red is a reason.

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 1:41 pm
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....

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 1:41 pm
by Cobra
bulls must do something here, the blue line below unlikely will hold another test.

Re: 07/31/2015 Live Update

Posted: Fri Jul 31, 2015 1:42 pm
by fehro
SPX as per the morning comments... 2100 key level.. 50d/20w.. looking for a tag or close on it.. fwiw