Member
Posted 01 August 2018 - 07:23 AM
ST Buy triggered, SELL STOP @ SPX daily close 2811.4
IT SELL still valid, BUY STOP @ SPX daily close 2823.7
Three big days ahead ....
Posted Yesterday, 08:42 AM
Both ST and IT sell still on
ST SELL stop @ my "secret" indicator level: 2814 (SPX daily close)
IT SELL stop @ 2821.4 (SPX daily close)
An intraday hourly close above 2819 will - most likely - trigger an ST BUY
Member
Posted 01 August 2018 - 07:26 AM
The DecisionPoint Scoreboards were blemished by the loss of the green BUY signals on the NDX. The weekly PMO on the Dow has been holding out for awhile, but it is rising suggesting momentum is still positive in the intermediate term. Not to be alarmist, but the NDX has reached a support level that it needs to hold. A breakdown would mean a loss of not only that support level, but also the loss of the rising bottoms trendline. The ST Trend Model Neutral signal was triggered when the 5-EMA crossed below the 20-EMA while both were above the 50-EMA. Had they both been below the 50-EMA it...
https://stockcharts....uy-signals.html
Member
Posted 01 August 2018 - 07:33 AM
It's all about 190 on AAPL now for NDX....
They may try to get the 1 Trillion print at 203 (198 pre-market here), but IF/WHEN it comes back under 190, should be game over on the Long Term AAPL bubble.
Once 190 goes, next big level is 175...below 175 and LOB.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 01 August 2018 - 07:41 AM
Unless NAZ makes huge recovery very soon, looks like we could be only a few days away from summation busting through zero, and trendline of rising bottoms...
https://stockcharts....id=p44465978337
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 01 August 2018 - 08:04 AM
Watch the bonds here today...
TLT looking to completely gap yesterdays attempted rally off 119, and now threatening 118 pre-market...
Another close under 118 would open a massive abyss, after failing at the backtest of the 200 day MA as expected...
And I should add that Monthly chart finished July with Bearish Engulfing at backtest of the just turning down72 MA "trendicator"
Now we see if the trendicator starts to rollover during coming months....
Edited by K Wave, 01 August 2018 - 08:07 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 01 August 2018 - 08:16 AM
Yeah, the 10yr traded at 3 after the jobs report
I still think there will be a last hurrah rally....SPX, DOW, NQ, RUT
Member
Posted 01 August 2018 - 08:18 AM
In case anyone still hasn't gotten good market calendar, there is a detailed one here:
https://www.dailyfx.com/calendar
While I don't trade "calendar events" I still want to know WHO is reporting WHAT and WHEN, and possible effect on the markets (equity, bonds, currency, commodities)
Member
Posted 01 August 2018 - 09:49 AM
200 busted on AAPL...the push for 1 Trillion is on...will they make it???
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 01 August 2018 - 10:36 AM
There goes 10 SPX points.
Member
Posted 01 August 2018 - 10:42 AM
long VXX @ 30.96
