DrStool Posted July 6, 2018 Report Share Posted July 6, 2018 Round it to 2760 Link to comment Share on other sites More sharing options...
sandy beach Posted July 6, 2018 Report Share Posted July 6, 2018 S&P 500 ripped right over the 61.8% Fiber of 2743 and is now out of the sell zone. Will be interesting if it can close significantly above the fibo line. If so I may turn bullish short term. Link to comment Share on other sites More sharing options...
MisFit Kid Posted July 6, 2018 Report Share Posted July 6, 2018 Flo-Bot Friday in full force today...... since opening bell, Grindin' higher..... >: they wasted no time in getting to 2760 must be all that Trade War Talk All war is good for the Fraudexes Link to comment Share on other sites More sharing options...
DrStool Posted July 6, 2018 Report Share Posted July 6, 2018 Right here is top of channel on the hourly. Also intraday cycle time top starts now. Link to comment Share on other sites More sharing options...
DrStool Posted July 6, 2018 Report Share Posted July 6, 2018 5 day cycle projection 2770. This is really sick. It's all on increasing leverage. Link to comment Share on other sites More sharing options...
DrStool Posted July 6, 2018 Report Share Posted July 6, 2018 Right here is top of a bigger channel on hourly chart. Link to comment Share on other sites More sharing options...
DrStool Posted July 6, 2018 Report Share Posted July 6, 2018 Just blew that out. Link to comment Share on other sites More sharing options...
sandy beach Posted July 6, 2018 Report Share Posted July 6, 2018 Seems like I've seen this before. Look at the CCI going below -100 and dipping back up over -100. Each time we get a good trip up - 2785-2795 in play. Same thing showing for the RUT and NAZDAQ as well. Link to comment Share on other sites More sharing options...
DrStool Posted July 6, 2018 Report Share Posted July 6, 2018 5 day cycle projection now 2778 Link to comment Share on other sites More sharing options...
BurntOnce Posted July 6, 2018 Report Share Posted July 6, 2018 where is all this money coming from? 100s of billions in stock buybacks? Link to comment Share on other sites More sharing options...
sandy beach Posted July 6, 2018 Report Share Posted July 6, 2018 where is all this money coming from? 100s of billions in stock buybacks? Liquidity is drying up no doubt as Doc has said. But couldn't it crash emerging market stocks and bonds first and then high yield bonds and work its way into over-leveraged / over capacity developed markets before seriously tanking the US stock market? It seems like as the former have been tanking short term money flows must be coming into US assets at least for now. Dunno. Would be interested in thoughts on this. As for recent market action I see a string of days of distribution going into "buy the news" "China Trade War Friday." Link to comment Share on other sites More sharing options...
sandy beach Posted July 6, 2018 Report Share Posted July 6, 2018 RTY Russell 2000 Small Cap futures just crossed 1700. Link to comment Share on other sites More sharing options...
sandy beach Posted July 6, 2018 Report Share Posted July 6, 2018 The action on the RUT looks familiar. Link to comment Share on other sites More sharing options...
DrStool Posted July 6, 2018 Report Share Posted July 6, 2018 2 day cycle projection 2764. 3 day 2770. Link to comment Share on other sites More sharing options...
DrStool Posted July 6, 2018 Report Share Posted July 6, 2018 where is all this money coming from? 100s of billions in stock buybacks? And leverage. See chart above. Link to comment Share on other sites More sharing options...
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