31 replies to this topic

[typicalbear]

FWIW, ES futures volume low today.

[CLK]

https://invst.ly/87ivf

[redfoliage2]

The signal is still Neutral.

This market is running up on fumes with fake news on the US-China trade talks.

Edited by redfoliage2, 07 August 2018 - 09:08 AM.

[12SPX]

The signal is still Neutral.

This market is running up on fumes with fake news on the US-China trade talks.

 

I'm curious do you have any charts to show?

[redfoliage2]

My signal is largely based on internals. Right now there is a severe negative divergence between internals and the prices. Just take a look at NYMO:

https://stockcharts....id=p13598422920
 

Edited by redfoliage2, 07 August 2018 - 09:24 AM.

[CLK]

Who believes this is a breakaway gap after 50 points ?

[CLK]

Looking for an island reversal here.

[redfoliage2]

A bearish close yesterday and we are probably right at a top.............

Edited by redfoliage2, 08 August 2018 - 03:05 AM.

[CLK]

A bearish close yesterday and we are probably right at a top.............

 

 

Market looks to be going to new ath's. Went long out to month end but small short for today that looks to make nothing.

 

Any sell, even an hourly turn is most likely a false turn here.

[redfoliage2]

Let's see if 2850 can hold today.  I bought some VXX at 28.7 near close yesterday...............

Edited by redfoliage2, 08 August 2018 - 08:10 AM.