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World Stock Markets Trading Discussion - Mediocre momentum


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Shorted ES at 2834.25.

 

Stop above 2845.

 

Trade safe.

 

 

Interesting action on the RUT.

 

yes it is.  daily spx macd raising red flag as it's crossed.  going to cautious here that maybe a retest of the highs won't occur.

 

es below 2827 and ym below 25300, going to start scaling out of longs

post-10683-0-93818000-1533308055_thumb.jpg

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FINRA has released new data for margin debt, now available through June. The latest debt level is down 3.3% month-over-month. The June data gives us an additional sense of recent investor behavior.

https://www.advisorperspectives.com/dshort/updates/2018/07/27/margin-debt-and-the-market

 

it appears margin debt behaving similar to 2000 and 2007 tops

 

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First weekend of High Season in the Hampton's. It's going to take something from far off in left field to move the markets today. I wasn't invited to any parties. I'm a lot of fun. I swear.

 

still long ym, but something doesn't smell right

 

but, with low volume and it being friday, they will likely run it up

 

just waiting for levels to react

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