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Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 11:49 am
by Trades w 2 Cats
BullBear52x wrote:Bears need 40 handles under the belt before a good sleep at night. the power that be knows that.
22 and 23 point drops overnight so far this week says no counter trend trading so far.
As the boys from Texas (real Clear Investment Advice) say 'fully invested bear'.
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 12:22 pm
by Al_Dente
Wednesday July 14
• US PPI
• Federal Reserve releases Beige Book, Fed Chair Powell, Fed’s Kashkari and BoE’s Ramsden speak
• Earnings: BAC, BLK, C, WFC
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 12:32 pm
by Cobra
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 12:34 pm
by Cobra
My guess for fun based on common pattern.
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 12:38 pm
by Al_Dente
Flatty McFlat on call buying
except they like QQQ calls (1/VXN)
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 1:16 pm
by Cobra
Maybe a rebound here firs then we'll see. The pullback finally signals today is a range day.
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 1:41 pm
by Cobra
Should be a rebound here firs then we'll see whether it's again a breakdown then sharp reversal up.
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 1:51 pm
by BullBear52x
Closed right here we will have confirmation on Negative D. A Turn around Tuesday looks like it will hold for bears today.
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 2:36 pm
by BullBear52x
Week ago bulls ran over the gap filled, the failure to hold support will test the recent low in a hurry. most likely a buy tomorrow unless we have a surprised gap down.
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 2:47 pm
by JFR
ES 5 minutes. Nice recovery. Thank you for that, markets. Now moving down beneath the support pivot.
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 3:01 pm
by JFR
https://www.bls.gov/news.release/cpi.nr0.htm
CONSUMER PRICE INDEX – JUNE 2021
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9 percent
in June on a seasonally adjusted basis after rising 0.6 percent in May, the U.S.
Bureau of Labor Statistics reported today. This was the largest 1-month change
since June 2008 when the index rose 1.0 percent. Over the last 12 months, the
all items index increased 5.4 percent before seasonal adjustment; this was the
largest 12-month increase since a 5.4-percent increase for the period ending
August 2008.
https://www.thestreet.com/investing/inf ... d-pressure
The index for used cars and trucks continued to rise sharply, increasing 10.5% in June," the BLS said. "This increase accounted for more than one-third of the seasonally adjusted all items increase. The food index increased 0.8% in June, a larger increase than the 0.4-percent increase reported for May. The energy index increased 1.5% in June, with the gasoline index rising 2.5% over the month.
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 3:07 pm
by Cobra
Break the EMA20 decisively then it's double bottom or H&S bottom, key time.
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 3:18 pm
by JFR
Alternatives. DBC, USO and UUP up. IYR, SPYV and TLT down. IAU and SPYG treading water.
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 3:29 pm
by Cobra
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 3:32 pm
by BullBear52x
Now $VIX is confirming that the fear is back. It's fearful market now bears got what it needs, but can they? Peace!
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 3:43 pm
by JFR
From AutoChartist. GBP/USD.
Later ...
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 3:51 pm
by Cobra
Re: 07/13/2021 Live Update
Posted: Tue Jul 13, 2021 3:52 pm
by Cobra
Well, guess that's it for today. Here's what Wednesday tomorrow looks like:
https://stockcharts.com/public/1684859/ ... /533449381
Thank you guys, I'll see you in another thread soon.
Before the close, please take a little time to vote for me, thanks:
https://stockcharts.com/public/1684859/ ... /533449381