S&P 500 & other indexes - intraday. Plus chat

[DionysusToast]

It's dead as a dodo - 9 points sluggy range - I'm taking my ball and going home @ 11:45 if we don't get some action.

LOL - typed the above but didn't post it -

11:29 took a short...

Got T1 & T2 by the time I posted this so just 1 remaining now & it's going to bloody well get hit or I am not playing tomorrow....

Sludgy, horrible market...

 

[scose-no-doubt]

I didn't take you for one who would trade through the yank holiday times, DT.

 

[gktk]

Pete - what settings do you have for your iceberg alerts?

less than 500 due to the holiday volume i presume?

It's dead as a dodo - 9 points sluggy range - I'm taking my ball and going home @ 11:45 if we don't get some action.

LOL - typed the above but didn't post it -

11:29 took a short...

Got T1 & T2 by the time I posted this so just 1 remaining now & it's going to bloody well get hit or I am not playing tomorrow....

Sludgy, horrible market...

 

[DionysusToast]

I didn't take you for one who would trade through the yank holiday times, DT.

Yeah - I should leave it really. It's shocking.

Still - I'm not tired, wife & kids in bed.. It's better for my eyesight than the other option...

 

[DionysusToast]

Pete - what settings do you have for your iceberg alerts?

less than 500 due to the holiday volume i presume?

Still on 500 - but not paying much attention to it right now...

 

[DionysusToast]

OK - done. Don't ask about that first one...

Not a great day

 

[scose-no-doubt]

You been hacking me and getting hold of my statements?

 

[kimo'sabby]

OK - done. Don't ask about that first one...

Not a great day

Nice prices....except for 64....bad price Good trading dude

 

[WinbornTraders]

short 1365.5 stop 1367.5 target 1363.5 es Emini S&P FUtures

 

[Pat494]

G'day

12:20am AUD AIG Construction Index 34.8 34.7
6:00am JPY Leading Indicators 95.9% 95.3% 95.6%
7:45am EUR French Gov Budget Balance -69.6B -59.9B
7:45am EUR French Trade Balance -5.3B -5.4B -5.8B
8:00am CHF Foreign Currency Reserves 364.9B 305.9B
8:15am CHF CPI m/m -0.3% -0.3% 0.0%
9:30am GBP PPI Input m/m -2.2% -2.1% -2.6%
9:30am GBP PPI Output m/m -0.4% -0.2% -0.2%
11:00am EUR German Industrial Production m/m 1.6% 0.2% -2.1%
1:30pm CAD Building Permits m/m 0.7% -5.2%
1:30pm CAD Employment Change 5.1K 7.7K
1:30pm CAD Unemployment Rate 7.3% 7.3%
1:30pm USD Non-Farm Employment Change 97K 69K
1:30pm USD Unemployment Rate 8.2% 8.2%
1:30pm USD Average Hourly Earnings m/m 0.2% 0.1%
3:00pm CAD Ivey PMI 55.4 60.5
3:30pm USD Natural Gas Storage 44B 57B

 

[Pat494]

Here are the current standings of The Presenter's Index

Erik on +2 is currently leading this week !

 

[Pat494]

The Presenters Index for Friday

Maryam - red - down
Manus - blue - up
Guy - red - down
Linda - red - down
Dom - green - up
Betty - red - down
Mike - red - down
Linda - red - down
Sheila - blue - up
Scarlet - black - neutral
Erik - pink - down
Elliot - blue - up




Just a bit of fun to see if the presenters dress subconsciously to forecast the day's close. The blue end of the spectrum for up +1 and the red end for down -1. Black, white, grey, purple are neutral and score 0

 

[Pat494]

Mario Monti etc. have sat up all night

and aaaaaaaaaaaaaaaaaaaaaaaaaah

Come up with the wrong solution to Italy's problems !!!!!!!!!!!!!!!!!!!

Same old cr*ap about cutting jobs etc.

Are they so stupid or what ?

Why are the Italian taxpayers paying out so much for solutions that are NOT workable or possible.




Mario Monti, ecc si sono seduti svegli tutta la notte

e aaaaaaaaaaaaaaaaaaaaaaaaaah

Vieni con la soluzione sbagliata ai problemi d'Italia!!!!!!!

Stessa vecchia cr * ap di tagliare posti di lavoro, ecc

Sono così stupidi o cosa?

Perché i contribuenti italiani pagando tanto per soluzioni che non siano praticabili o possibile.

 

[DionysusToast]

Pat - when the only tool you have is a hammer.....

July 6th

Not sure if I'll be trading today or not. Too quiet. Anyway - here is what I think:

We have an obvious area of balance right now. We are at the top of a longer term balance area and in the grand scheme of things, there's not a lot of interest up here.

Trouble is - How would this 'lack of interest' be playing out if it wasn't a holiday week? It's a conundrum.

Anyway - you see the area - until volume steps in taking it out of this range (down would be my guess), we'll play ping pong around the 1355.50 - 1369 areas. That doesn't mate these numbers support & resistance, rather we expect failures above & below.

If it goes outside value & reverses overnight, I have to be biased towards the opposite of the range intra-day.

White, dashed horizontal lines are simply LVN areas -places where price got rejected previously.

 

[Pat494]

Mario Monti etc. have sat up all night

and aaaaaaaaaaaaaaaaaaaaaaaaaah

Come up with the wrong solution to Italy's problems !!!!!!!!!!!!!!!!!!!

Same old cr*ap about cutting jobs etc.

Are they so stupid or what ?

Why are the Italian taxpayers paying out so much for solutions that are NOT workable or possible.



Let's hope for Britain's sake that clown Cameron is taking note

 

[Pat494]

In your chart DT

what is the white dashes vertical line showing ?
And Is the green bit on the left volume ?

Trying to make sense of your chart and what it is telling us

( I'll put the hammer back in the toolbox )

 

[Pat494]

It was a bit flat but just suddenly dropped.

?

 

[Pat494]

It was a bit flat but just suddenly dropped.

?

jumped back up again

awaiting jobs report etc at 1.30 pm

 

[GrandSupercycle]

SPX retracement expected to continue.
@grandsupercycle

 

[Pat494]

The weakest quarter since October

The markets dropped

Did you catch that fundamental ?
Should have