07/19/2016 Live Update

[Al_Dente]

SMALL CAPS 5min
3 push down and double bottom and target met
Nice set-up for long
But I need more proof, like momentum and AD strengthening …. not yet...

[fehro]

SPX .. IWM drops hard.. 118.50 should find support.. previous highs.. RUT new LOD, NDX/SPX lags

[fehro]

SPY 5m .. little descending wedge.. fwiw

[Trades with cats]

The problem with dynamic support and resistance is it automatically moves when broken. For the record the orange line is that = to a day simple moving average. The zig zag with labeling is of course always after the fact. It shows the swing on a closing bar basis in points.

[fehro]

The problem with dynamic support and resistance is it automatically moves when broken. For the record the orange line is that = to a day simple moving average. The zig zag with labeling is of course always after the fact. It shows the swing on a closing bar basis in points.

my sad attempt with BullBear indicator 1m IWM

[Trades with cats]

The real problem with the program I am using (as are several others on this board) is they give it to you for free ( CAN'T PLACE TRADES ON THE FREE ) and there are just a huge number of indicators out there and it is really easy to write your own by cutting and pasting the code. Of course for the brave you can go to fully automated trading. Many customize so that alarms go off, arrows print and their screen flashes when they get a signal. Very popular for those who trade and work at the same time.

[Al_Dente]

The problem with dynamic support and resistance is it automatically moves when broken. For the record the orange line is that = to a day simple moving average. The zig zag with labeling is of course always after the fact. It shows the swing on a closing bar basis in points.

thanks boss
what time zone are u in?

[Cobra]

sharp rebound here then the low might be in for today, key time.

[Al_Dente]

NY declining stocks are 1.88 x advancing stocks
NY declining volume is 2.7 x advancing volume

NY advancing stocks are 0.58 x declining stocks
NY advancing volume is 0.58 x declining volume

NY declining stocks are 1.7 x advancing stocks
NY declining volume is 1.7 x advancing volume

[Trades with cats]

I am in Mountain Standard and for some reason I have yet to go to New York or Chicago on my charts. It makes my life easier if I translate event time instead of the other way around.

[fehro]

buckle up… VIX breaks up.. look for sharp down indexes

[fehro]

SPX still weak.. looks like a tiny bullish wedge vs SPY descending wedge.. 5m fwiw.. VIX peeking up.. near HOD .. holding ish
that SPY 5m above.. could be fine tuned into a bullish falling too

[Trades with cats]

WHo would risk an overnight short with Nardella's future on the line with Mr Sofies earnings coming out. Back in the day when my wife worked in printer land they used to say at the end of the quarter "ship the furniture too". (shipments to vendors counted as sales)

I don't know how you "adjust" the books for cloud services but between all the equipment, fancy leasing and I suppose contracts for services there has to be a lot of ways for "aggressive" revenue recognition and capitalizing expenses for future recognition. Trying to say counting chickens before they hatch on income side and burying expenses so deep they never see the light of day,

[Trades with cats]

ES double bottom an hour ago now working away on the double top. Time to decide range or not.

[fehro]

choppy lifeless … waiting for VIX expiration / Draghi ?

[Al_Dente]

EAGLE HOUR

[fehro]

wholly VIX .. 2m.. some strange stuff going on

[fehro]

some one didn't want the VIX over the trend line..

[Cobra]

members only update at 3:52 pm
http://www.cobrasmarketview.com/2016/07 ... ay-update/

[Cobra]

well, guess that's it for today. Wednesday tomorrow has been overwhelmingly bull friendly. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp