Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
Post
by Out of Bounds » Thu Jul 31, 2014 12:45 pm
MrMiyagi wrote: Is
TRIN broken? Showing uber bullish 0.39, just bounced to 0.67.
I don't see a reading of 0.39 all day. I show LOD of 0.62 a currently 0.64
...
user13
Posts: 262 Joined: Fri Jul 29, 2011 3:00 pm
Location: New York
Post
by user13 » Thu Jul 31, 2014 12:50 pm
S&P Breath: -20:1
NYSE: -10.7:1
NASD: -6:1
jack black
Posts: 272 Joined: Sat Sep 08, 2012 5:27 pm
Post
by jack black » Thu Jul 31, 2014 12:51 pm
I'm taking profits at this point.
VIX reached the weekly BB and bounced.
Last edited by
jack black on Thu Jul 31, 2014 12:52 pm, edited 1 time in total.
Cobra
Site Admin
Posts: 61830 Joined: Sat Feb 12, 2011 10:29 pm
Post
by Cobra » Thu Jul 31, 2014 12:51 pm
this rebound may have small legs.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report .
Subscribers can find all the members only posts HERE .
StockCharts members, please vote for me HERE , thanks.
MrMiyagi
Posts: 10342 Joined: Sun Oct 16, 2011 12:48 pm
Post
by MrMiyagi » Thu Jul 31, 2014 12:54 pm
Cobra wrote: this rebound may have small legs.
I was waiting for that...
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
Post
by fehro » Thu Jul 31, 2014 12:56 pm
SPX 5m.. should this low hold.. possible cyan channel.. too early... mind the lower red trend
Attachments
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
Post
by fehro » Thu Jul 31, 2014 1:00 pm
SPX daily.. pressed outside of the BBand
Attachments
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
Post
by Out of Bounds » Thu Jul 31, 2014 1:07 pm
After years of trading SPY and SPY related ETFs, I have been trading biotechs for the last couple of weeks. It's kind of like driving a sports car.
...
ALdaytrade
Posts: 1244 Joined: Thu Apr 04, 2013 12:55 pm
Post
by ALdaytrade » Thu Jul 31, 2014 1:12 pm
MrMiyagi wrote: Already topped????
Do you mean bottomed?
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
Post
by fehro » Thu Jul 31, 2014 1:17 pm
Out of Bounds wrote: After years of trading SPY and SPY related ETFs, I have been trading biotechs for the last couple of weeks. It's kind of like driving a sports car.
watch the oil gauge... (weekly candle/blue line) .... you may need to replace the valves.. after a long tow home.
Attachments
Out of Bounds
Posts: 5623 Joined: Wed Feb 23, 2011 10:11 am
Location: Miami
Post
by Out of Bounds » Thu Jul 31, 2014 1:26 pm
fehro wrote: Out of Bounds wrote: After years of trading SPY and SPY related ETFs, I have been trading biotechs for the last couple of weeks. It's kind of like driving a sports car.
watch the oil gauge... (weekly candle/blue line) .... you may need to replace the valves.. after a long tow home.
NIce. Thanks.
...
MrMiyagi
Posts: 10342 Joined: Sun Oct 16, 2011 12:48 pm
Post
by MrMiyagi » Thu Jul 31, 2014 1:28 pm
ALdaytrade wrote: MrMiyagi wrote: Already topped????
Do you mean bottomed?
No I mean topped..... As in back down it goes
ALdaytrade
Posts: 1244 Joined: Thu Apr 04, 2013 12:55 pm
Post
by ALdaytrade » Thu Jul 31, 2014 1:37 pm
MrMiyagi wrote: ALdaytrade wrote: MrMiyagi wrote: Already topped????
Do you mean bottomed?
No I mean topped..... As in back down it goes
From my wacky charts that I try to follow, it looks like we might end up where we started yesterday...
So is there a channel that we have to go to for a test and then go back down after that?
ALdaytrade
Posts: 1244 Joined: Thu Apr 04, 2013 12:55 pm
Post
by ALdaytrade » Thu Jul 31, 2014 1:40 pm
fehro wrote: SPX 60m.. as someone once said.. Bulls take the stairs, Bears use the elevator...
Can you back up this chart to include the Feb and April lows, please?
L_T
Posts: 1609 Joined: Tue Sep 13, 2011 9:49 am
Post
by L_T » Thu Jul 31, 2014 1:41 pm
Looks like no one needs toilet paper anymore.
Attachments
L_T
Posts: 1609 Joined: Tue Sep 13, 2011 9:49 am
Post
by L_T » Thu Jul 31, 2014 1:41 pm
OOB how was Sharknado???
L_T
Posts: 1609 Joined: Tue Sep 13, 2011 9:49 am
Post
by L_T » Thu Jul 31, 2014 1:44 pm
ALdaytrade wrote: fehro wrote: SPX 60m.. as someone once said.. Bulls take the stairs, Bears use the elevator...
Can you back up this chart to include the Feb and April lows, please?
Is this what you need?
fehro is the trend line master though. Go with his.
Attachments