Quotes by TradingView
Wednesday, April 14, 2021
Premium: TradeChat
No Result
View All Result
MrTopStep.com LLC
  • News
    • All
    • Reuters Business
    OP: Slow Trading Ahead of Earnings Reports

    OP: Slow Trading Ahead of Earnings Reports

    OP: Slow Trading Ahead of Earnings Reports

    Protected: OP: Slow Trading Ahead of Earnings Reports

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    Protected: OP: S&P Futures Hit Another Record High, Reason for Concern?

    OP: Summer Stock Market Slowdown Comes Early

    OP: Summer Stock Market Slowdown Comes Early

    Bloomberg: The Weekly Fix

    Bloomberg: The Weekly Fix

    OP: Summer Stock Market Slowdown Comes Early

    OP: Summer Stock Market Slowdown Comes Early

    OP: Spring Break? Low Market Volumes Continue

    OP: Spring Break? Low Market Volumes Continue

    Bloomberg Opinion: Mind the Gap

  • Products
    • Chatroom Login
    • Wyckoff Trader
    • MIM
    • Polaris Trading Group
    • IM Pro Trading Chat Room
    • The Opening Print
    • FREE Daily Opening Print
  • Stocks
    • All
    • Apple
    • Dow Jones
    • Earnings
    • Facebook (FB)
    • Goldman Sachs (GS)
    • IPO
    • M&A
    • Markets
    • Mining
    • Nasdaq
    • NYSE
    • Russell 2000
    • S&P 500
    • Twitter (TWTR:NYSE)
    • VIX
    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 13 APRIL: Zip soars 17% but miners keep ASX flat | Digital Wine Ventures posts fivefold increase in WineDepot orders, appoints COO | China blue-chips rise as export growth highlights global recovery |

    PEAK ASSET: MORNING WRAP 13 APRIL: ASX to edge up | S&P 500 ends modestly lower | Uranium explorer 92 Energy eyes ASX listing for mid-April |

    PEAK ASSET: AFTERNOON WRAP 12 APRIL: Miners weigh as ASX sags with US futures | Fatfish Group makes acquisition ahead of South East Asia BNPL rollout | China, HK stocks fall on persisting worries of policy tightening |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 12 APRIL: ASX to rise | S&P 500 resets record high again | Arcadia looms large as an African lithium near-producer |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 9 APRIL: ASX to slip | Wall St poised to end higher | Thinking of getting into ASX water stocks? Here’s what the experts think |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 8 APRIL: ASX to rise | S&P 500 edges higher | Investors want quality copper stocks, Peak Minerals is on the radar |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 07 APRIL: ASX hits best close since COVID with 0.6% rise | Crowd Media calls on investee technology to produce ‘Digital Dom’ talking head | Indian shares rise after RBI holds key rates steady |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 06 APRIL: ASX adds 0.8% as travel stocks take flight | Golden Deeps widens Namibia drilling plan to include historic copper-vanadium mine | China stocks fall as healthcare, consumer companies weigh |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 6 APRIL: ASX to rise | Dow and S&P 500 reset record highs | These ASX explorers say ‘company makers’ still lurk in one of WA’s oldest, richest gold provinces |

    Trending Tags

    • FEEDID-6
    • FEEDID-51
    • FEEDID-44
    • FEEDID-31
    • FEEDID-21
    • FEEDID-16
    • FEEDID-36
    • FEEDID-10
    • feedid-56
    • feedid-58
    • feedid-61
    • feedid-59
    • feedid-60
    • feedid-62
    • feedid-63
    • feedid-65
    • feedid-66
  • Charts
    Jack Broz Webinar banner

    Jason Sen: Dax EuroStoxx FTSE

    Chart of the Day: AMZN Stock

    Chart of the Day: Nvidia Stock to Breakout?

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    SpyGate Logo Program Trading Dector

    SpyGate : Bots Sitting the Morning Out

    GMTT / Chart of the Day / S&P 500 Index (JUN)  / April 13, 2021

    GMTT / Chart of the Day / S&P 500 Index (JUN) / April 13, 2021

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 13 APRIL: Zip soars 17% but miners keep ASX flat | Digital Wine Ventures posts fivefold increase in WineDepot orders, appoints COO | China blue-chips rise as export growth highlights global recovery |

    PEAK ASSET: MORNING WRAP 13 APRIL: ASX to edge up | S&P 500 ends modestly lower | Uranium explorer 92 Energy eyes ASX listing for mid-April |

    Bloomberg Chart of the Day

    Jason Sen: Gold, silver, WTI Crude

  • Commentary
    • All
    • Market Recap
    • MrTopStep
    OP: Slow Trading Ahead of Earnings Reports

    OP: Slow Trading Ahead of Earnings Reports

    links

    Danny’s Top Links – April 13, 2021

    OP: Slow Trading Ahead of Earnings Reports

    Protected: OP: Slow Trading Ahead of Earnings Reports

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    links

    Danny’s Top Links – April 12, 2021

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    Protected: OP: S&P Futures Hit Another Record High, Reason for Concern?

    OP: Summer Stock Market Slowdown Comes Early

    OP: Summer Stock Market Slowdown Comes Early

    Bloomberg: The Weekly Fix

    Bloomberg: The Weekly Fix

    links

    Danny’s Top Links – April 9, 2021

  • Education
    • All
    • Economics
    • Trading Methods
    • Trading Psychology
    • Trading Room
    • Trading Rules
    • Webinars
    Chart of the Day: AMZN Stock

    Chart of the Day: Nvidia Stock to Breakout?

    Chart of the Day: AMZN Stock

    Chart of the Day: The Russell 2000 (IWM)

    Chart of the Day: Ford Stock

    Chart of the Day: Ford Stock

    Chart of the Day: AMZN Stock

    Chart of the Day: AMZN Stock

    GMTT / Chart of the day / Apple / Oct 27, 2020

    GMTT / Chart of the day / Apple / Oct 27, 2020

    NASDOG.com: Corn, What Changed Today?

    NASDOG.com: Corn, What Changed Today?

    NASDOG.com: Stocks Getting Serious; Quick Word on Beans

    NASDOG.com: Stocks Getting Serious; Quick Word on Beans

    NASDOG.com: Full For a Bull

    NASDOG.com: Full For a Bull

    HotSpots for 01/02/2020 for $ES $YM $NQ

    HotSpots for 01/02/2020 for $ES $YM $NQ

  • NYSE Holidays
  • Video
  • News
    • All
    • Reuters Business
    OP: Slow Trading Ahead of Earnings Reports

    OP: Slow Trading Ahead of Earnings Reports

    OP: Slow Trading Ahead of Earnings Reports

    Protected: OP: Slow Trading Ahead of Earnings Reports

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    Protected: OP: S&P Futures Hit Another Record High, Reason for Concern?

    OP: Summer Stock Market Slowdown Comes Early

    OP: Summer Stock Market Slowdown Comes Early

    Bloomberg: The Weekly Fix

    Bloomberg: The Weekly Fix

    OP: Summer Stock Market Slowdown Comes Early

    OP: Summer Stock Market Slowdown Comes Early

    OP: Spring Break? Low Market Volumes Continue

    OP: Spring Break? Low Market Volumes Continue

    Bloomberg Opinion: Mind the Gap

  • Products
    • Chatroom Login
    • Wyckoff Trader
    • MIM
    • Polaris Trading Group
    • IM Pro Trading Chat Room
    • The Opening Print
    • FREE Daily Opening Print
  • Stocks
    • All
    • Apple
    • Dow Jones
    • Earnings
    • Facebook (FB)
    • Goldman Sachs (GS)
    • IPO
    • M&A
    • Markets
    • Mining
    • Nasdaq
    • NYSE
    • Russell 2000
    • S&P 500
    • Twitter (TWTR:NYSE)
    • VIX
    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 13 APRIL: Zip soars 17% but miners keep ASX flat | Digital Wine Ventures posts fivefold increase in WineDepot orders, appoints COO | China blue-chips rise as export growth highlights global recovery |

    PEAK ASSET: MORNING WRAP 13 APRIL: ASX to edge up | S&P 500 ends modestly lower | Uranium explorer 92 Energy eyes ASX listing for mid-April |

    PEAK ASSET: AFTERNOON WRAP 12 APRIL: Miners weigh as ASX sags with US futures | Fatfish Group makes acquisition ahead of South East Asia BNPL rollout | China, HK stocks fall on persisting worries of policy tightening |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 12 APRIL: ASX to rise | S&P 500 resets record high again | Arcadia looms large as an African lithium near-producer |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 9 APRIL: ASX to slip | Wall St poised to end higher | Thinking of getting into ASX water stocks? Here’s what the experts think |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 8 APRIL: ASX to rise | S&P 500 edges higher | Investors want quality copper stocks, Peak Minerals is on the radar |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 07 APRIL: ASX hits best close since COVID with 0.6% rise | Crowd Media calls on investee technology to produce ‘Digital Dom’ talking head | Indian shares rise after RBI holds key rates steady |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 06 APRIL: ASX adds 0.8% as travel stocks take flight | Golden Deeps widens Namibia drilling plan to include historic copper-vanadium mine | China stocks fall as healthcare, consumer companies weigh |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 6 APRIL: ASX to rise | Dow and S&P 500 reset record highs | These ASX explorers say ‘company makers’ still lurk in one of WA’s oldest, richest gold provinces |

    Trending Tags

    • FEEDID-6
    • FEEDID-51
    • FEEDID-44
    • FEEDID-31
    • FEEDID-21
    • FEEDID-16
    • FEEDID-36
    • FEEDID-10
    • feedid-56
    • feedid-58
    • feedid-61
    • feedid-59
    • feedid-60
    • feedid-62
    • feedid-63
    • feedid-65
    • feedid-66
  • Charts
    Jack Broz Webinar banner

    Jason Sen: Dax EuroStoxx FTSE

    Chart of the Day: AMZN Stock

    Chart of the Day: Nvidia Stock to Breakout?

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    SpyGate Logo Program Trading Dector

    SpyGate : Bots Sitting the Morning Out

    GMTT / Chart of the Day / S&P 500 Index (JUN)  / April 13, 2021

    GMTT / Chart of the Day / S&P 500 Index (JUN) / April 13, 2021

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 13 APRIL: Zip soars 17% but miners keep ASX flat | Digital Wine Ventures posts fivefold increase in WineDepot orders, appoints COO | China blue-chips rise as export growth highlights global recovery |

    PEAK ASSET: MORNING WRAP 13 APRIL: ASX to edge up | S&P 500 ends modestly lower | Uranium explorer 92 Energy eyes ASX listing for mid-April |

    Bloomberg Chart of the Day

    Jason Sen: Gold, silver, WTI Crude

  • Commentary
    • All
    • Market Recap
    • MrTopStep
    OP: Slow Trading Ahead of Earnings Reports

    OP: Slow Trading Ahead of Earnings Reports

    links

    Danny’s Top Links – April 13, 2021

    OP: Slow Trading Ahead of Earnings Reports

    Protected: OP: Slow Trading Ahead of Earnings Reports

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    links

    Danny’s Top Links – April 12, 2021

    OP: S&P Futures Hit Another Record High, Reason for Concern?

    Protected: OP: S&P Futures Hit Another Record High, Reason for Concern?

    OP: Summer Stock Market Slowdown Comes Early

    OP: Summer Stock Market Slowdown Comes Early

    Bloomberg: The Weekly Fix

    Bloomberg: The Weekly Fix

    links

    Danny’s Top Links – April 9, 2021

  • Education
    • All
    • Economics
    • Trading Methods
    • Trading Psychology
    • Trading Room
    • Trading Rules
    • Webinars
    Chart of the Day: AMZN Stock

    Chart of the Day: Nvidia Stock to Breakout?

    Chart of the Day: AMZN Stock

    Chart of the Day: The Russell 2000 (IWM)

    Chart of the Day: Ford Stock

    Chart of the Day: Ford Stock

    Chart of the Day: AMZN Stock

    Chart of the Day: AMZN Stock

    GMTT / Chart of the day / Apple / Oct 27, 2020

    GMTT / Chart of the day / Apple / Oct 27, 2020

    NASDOG.com: Corn, What Changed Today?

    NASDOG.com: Corn, What Changed Today?

    NASDOG.com: Stocks Getting Serious; Quick Word on Beans

    NASDOG.com: Stocks Getting Serious; Quick Word on Beans

    NASDOG.com: Full For a Bull

    NASDOG.com: Full For a Bull

    HotSpots for 01/02/2020 for $ES $YM $NQ

    HotSpots for 01/02/2020 for $ES $YM $NQ

  • NYSE Holidays
  • Video
No Result
View All Result
MrTopStep.com LLC
Home Commentary

Looking toward if {$es_f 1690} else { 1666 }

Marlin Cobb by Marlin Cobb
Monday, July 29, 2013
in Commentary, S&P 500
0 0
0
Looking toward if {$es_f 1690} else { 1666 }
39
SHARES
275
VIEWS
Share on FacebookShare on Twitter

Today’s Economic News:

image

Numbers out of the UK were very good.  Even the red numbers were good!  Not much happening in the USA today.


Quote of the Day:
Hit any user to continue.
–Fuzzel Fish Administration Page


Featured Breadth Chart of the Day:

image

Zweig is suffering in here, but that strong close on Friday brought the A/D lines back in line almost to 1:1.  The market is not ready to correct in a big way yet.

 

Comments and Levels for the Front ES (S&P500 – Emini futures) contract:

Short: 1690
Long:  1666

image

On the upside, we moved the price target down to 1590.  Look at that ATR climbing and climbing.  If the bulls can’t get it together on either a good piece of news or bearish exhaustion, that ATR should climb up and over the 3s.   Right now the battle is on and around the 1% pullback area.

So if downside momentum takes over today and 1672 cracks, we would expect to see 166 as the next test area down.   Breadth remains very strong, although we see signs of the market losing its appetite for risk as the Russell 2000 remains weak.

 

On The MiM & A new release:

image

Our snapshot on Friday was a bit schizophrenic as again it moved from negative to positive during the close and didn’t really develope a strong signal either side.  There were no shorting opportunities during the last hour as the market once again squeezed up 4+ points into the weekend close.

The week resets and we wait to see if we get any volume into today’s close.

We have released a slightly modified MiM meter starting today.  We have found that these symbol divergences are important for determining a signal so we will now capture and forward that data to the MiM readers.

First on the Status Line:

image

On the status line you will notice three numbers separated by a slash (/).  The first number is the number of symbols that we are receiving that have positive imbalances.  The second number is the sell symbol count, and the third number is the number of symbols we are receiving in total.

This is a real time picture update as the meter updates.

So for times like Friday where we saw an early sell side imbalance, the symbol imbalance was actually on the buy side.  There was a 124MM sell side imbalance on Friday for JPM and that thre off our data.

We are providing that data, too, as a snapshot:

image

So our snapshot table now will collect the following:

PCT – The % of the total dollar imbalance (sell imbalance)/(sell imbalance + buy imbalance) *100
Size – The size of the difference (buy imbalance – sell imbalance)
Sym % – The percentage of the symbols leaning one way or the other (# buy symbols) / (# buy symbos + #sell symbols) * 100
Sym# – Number of symbols presented with an imbalance
SPX – Value of the S&P 500 index

Please let us know if you have any issues with the new meter. It should help us out greatly in finding those symbol divergences and to judge the quality of the data we are receiving.

Comments about TLT (Twenty year Bond ETF):  

image

We like it to the upside still, and we are watching for 107.75 to hold and then a tackle at the 108.75 area.

>>> Follow us @redliontrader<<<<<

 

Breadth Charts in Full :

Zweig Breadth Thrust:

image

Zweig attempting to hold on.  We have a pretty fair start today so far, so it will be interesting to see if that Friday buy on the close continues this AM.


Cumulative Volume Index:

image

No real data here.  All looks ok.

 


Number of NYSE issues trading ABOVE their 40 day moving average (40DPI):

image

40 DPI having a bit of a struggle.


New Highs / New Lows ratio chart :

image

Only 112 new highs on Friday, but the new lows were weaker, hence a higher ratio.  Let’s see if the bulls can regain their footing.


Trenders :

Short Term Trender –  McClellan Summation Index:

image

Bullish


Long Term Trender –  Cumulative 4-week Highs – Lows (the fat lady):
image

Bullish

Thank you for Reading –
Marlin aka RedlionTrader @redliontrader

 

DISCLAIMER: The information and data in the following report(s) were obtained from sources considered reliable. Opinions, market data, and recommendations are subject to change at any time. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any commodities or securities. RedlionTrader.com, its  officers, directors and its contributors may in the normal course of business, have position(s), which may or may not agree with the opinions expressed in this report. RedlionTrader.com, its officers, and directors are not agents, representatives, or affiliates of the CME Group or any trading entity. Trading Futures, Options, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Any decision to purchase or sell as a result of the opinions expressed in these report(s) will be the full responsibility of the person(s) authorizing such transaction(s). BE ADVISED TO ALWAYS USE PROTECTIVE STOP LOSSES AND ALLOW FOR SLIPPAGE TO MANAGE YOUR TRADE(S) AS AN INVESTOR COULD LOSE ALL OR MORE THAN THEIR INITIAL INVESTMENT. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

Previous Post

Larry Shover: Sky News Australia

Next Post

Cropcast Headlines: Rain continues in Midwest

Related Posts

OP: Slow Trading Ahead of Earnings Reports
Commentary

OP: Slow Trading Ahead of Earnings Reports

Tuesday, April 13, 2021
links
Commentary

Danny’s Top Links – April 13, 2021

Tuesday, April 13, 2021
OP: Slow Trading Ahead of Earnings Reports
Commentary

Protected: OP: Slow Trading Ahead of Earnings Reports

Tuesday, April 13, 2021
Next Post
Cropcast Headlines: Rain continues in Midwest

Cropcast Headlines: Rain continues in Midwest

Please login to join discussion

Search

No Result
View All Result

MrTopStep Live Stream

Popular Posts

  • NYSE Holidays 2020 Stock Market Schedule

    NYSE Holidays 2021 | Stock Market Calendar

    2806 shares
    Share 1135 Tweet 696
  • S&P 500 projections: What the locals in the pit think

    275 shares
    Share 110 Tweet 69
  • Tuesday more of the same; be long, but careful

    245 shares
    Share 98 Tweet 61
  • Futures Circuit Breakers / Limits for today

    214 shares
    Share 86 Tweet 54
  • The dead cat bounce

    204 shares
    Share 82 Tweet 51

Subscribe to our Newsletter

The information in these Market Commentaries do not constitute a solicitation of the purchase or sale of any futures or options contracts.

Connect

Facebook Twitter Youtube

Office Hours

Monday-Friday: 7:30 AM- 4:00 PM
Order online 24/7

Ph: (207) 358-8545‬

email: info@mrtopstep.com

We Accept

© 2020 - MrTopStep All Rights Reserved.

No Result
View All Result
  • News
  • Products
    • Chatroom Login
    • Wyckoff Trader
    • MIM
    • Polaris Trading Group
    • IM Pro Trading Chat Room
    • The Opening Print
    • FREE Daily Opening Print
  • Stocks
  • Charts
  • Commentary
  • Education
  • NYSE Holidays
  • Video

© 2020 - MrTopStep All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Free Webinar: MrTopStep Year End

Free Webinar: Looking at the Year End and 2021

With Danny Riley and the Team

Monday, December 7th @ 7pm ET

Register Now! (Limited room)