45 replies to this topic

[CLK]

 

 

The internals indicate that we will be challenging the all time highs in both the SPX and OEX fairly soon...likely that the Dow will join in after today's trading.

 

Fib

 

 

NYAD is divergent with NYA, and the rest. Maybe later after more consolidation or sell off.

 

 

 

 

There is no pattern divergence at this time...check again.

 

Fib

 

 

 

From last month, no, over the last week, yes.

[fib_1618]

Sorry, you would be incorrect.

 

Try simplifying your charts for better clarity...there is no divergence at this time.

 

Fib

[LMF]

I'm  using the SPX A-D line in my analysis and it's still going higher.....but with the most recent SPX new highs back in January.  That is weakness superimposed on top of the mid term election year general weakness......same with DJIA.  Just too much of the wrong thing for my work.  Even the RUT has exceeded the January highs which is better than SPX and DJIA in my opinion.  NDX has multiple new highs since January.....nothing wrong with strength when you're dealing with the mid term crap.   

[CLK]

Sorry, you would be incorrect.

 

Try simplifying your charts for better clarity...there is no divergence at this time.

 

Fib

 

 

NYAD histogram dropped today on a higher price from yesterday, I think tomorrow will be a down day.

[cycletimer]

Sorry, you would be incorrect.
 
Try simplifying your charts for better clarity...there is no divergence at this time.
 
Fib

 
 
NYAD histogram dropped today on a higher price from yesterday, I think tomorrow will be a down day.

I’m with you CLK, I purchased some at-the-money $SPX Aug 2815 puts at today’s close. I’m looking to exit profitably owithin the next 2 TD’s.

[CLK]

Went short at 2809 for Monday, I think a good target is 2790. Most of the drop needs to happen today.

[CLK]

Closed 1/2.

[fib_1618]

Closed 1/2.

 

Congratulations!

 

Fib

Edited by fib_1618, 19 July 2018 - 09:03 AM.

[CLK]

 

Closed 1/2.

 

Congratulations!

 

Fib

 

 

Thanks, nothing guaranteed, better to take some profits to help cover the stop.

[fib_1618]

 

 

Closed 1/2.

 

Congratulations!

 

Fib

 

 

Thanks, nothing guaranteed, better to take some profits to help cover the stop.

 

Yep...this is a "hit and run" market.

 

Watch your stops...bank when you can.

 

Fib