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11/08/2019 Live Update

Re: 11/08/2019 Live Update

Postby BullBear52x » Fri Nov 08, 2019 12:43 pm

Cash SPX Fib, bulls are in charge, good support at 61.8%, if bulls can take out new HOD we will have an intraday bullish reversal. bears need to move now or you know the routine.
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Re: 11/08/2019 Live Update

Postby Daniel » Fri Nov 08, 2019 12:45 pm

SPY green (at least momentarily)
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Re: 11/08/2019 Live Update

Postby Daniel » Fri Nov 08, 2019 12:48 pm

BullBear52x wrote:... need to see -2000 to kick star the selling momentum.

BB52: KICK-START. Like with a motorcycle. Starter-activation by a downward thrust of the heel. ..:)
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Re: 11/08/2019 Live Update

Postby Daniel » Fri Nov 08, 2019 12:50 pm

Daniel wrote:SPY green (at least momentarily)

And now USO grn. SLV now down -1.5%
RVX and VXN easing off, the past half hour.
Last edited by Daniel on Fri Nov 08, 2019 12:59 pm, edited 1 time in total.
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Re: 11/08/2019 Live Update

Postby Daniel » Fri Nov 08, 2019 12:55 pm

XLE has been a pretty good proxy for Trade War guesses the past couple of weeks. Currently on a perfectly-neutral short-intermediate trading signal.
:|
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Re: 11/08/2019 Live Update

Postby BullBear52x » Fri Nov 08, 2019 12:55 pm

Bull trap signature of the MM. be mindful of this rug pulling method.
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Re: 11/08/2019 Live Update

Postby BullBear52x » Fri Nov 08, 2019 1:00 pm

Bear trap, this is the reason why most trader don't trade sideways market.
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Re: 11/08/2019 Live Update

Postby Daniel » Fri Nov 08, 2019 1:02 pm

Daniel wrote:XLE has been a pretty good proxy for Trade War guesses the past couple of weeks. Currently on a perfectly-neutral short-intermediate trading signal.

However, today it's currently making a recovery high of the day.
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Re: 11/08/2019 Live Update

Postby Daniel » Fri Nov 08, 2019 1:09 pm

spy hod (back later..)
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Re: 11/08/2019 Live Update

Postby te_fern » Fri Nov 08, 2019 1:14 pm

I went long TNA on first bounce. Only index not pushing high of the day, sitting on a small loss..... :evil:
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Re: 11/08/2019 Live Update

Postby BullBear52x » Fri Nov 08, 2019 2:24 pm

Mapping the first LH.
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Re: 11/08/2019 Live Update

Postby BullBear52x » Fri Nov 08, 2019 2:55 pm

one penny on LOD will be a very telltale for the bears, in any cases, to hold a new bullish position over the weekend is quiet risky atm.
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Re: 11/08/2019 Live Update

Postby BullBear52x » Fri Nov 08, 2019 3:21 pm

it will not take that much for bears to have back to back bearish closed, just a closed under 80.25(SPX) will do.
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Re: 11/08/2019 Live Update

Postby brokebybernacke2 » Fri Nov 08, 2019 3:28 pm

BullBear52x wrote:it will not take that much for bears to have back to back bearish closed, just a closed under 80.25(SPX) will do.


most hopeful bear I know! good luck.
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Re: 11/08/2019 Live Update

Postby BullBear52x » Fri Nov 08, 2019 3:51 pm

excessive (RED), healthy bullish (Blue) we are a little excessive right now.
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Re: 11/08/2019 Live Update

Postby BullBear52x » Fri Nov 08, 2019 4:07 pm

Rug pull I mentioned earlier, how to tell, bulls or head fake?
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Re: 11/08/2019 Live Update

Postby BullBear52x » Fri Nov 08, 2019 4:16 pm

Not much time left but one last sell for me if MM style will work or not.
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Re: 11/08/2019 Live Update

Postby Trades with cats » Fri Nov 08, 2019 4:16 pm

The 'US to Cut Tariffs" incorrectly translated headline from Nov 7 (the big gap up) has pretty much been retraced, or as FT 71 claims the Chicago pit traders would say, "returned to the scene of the crime". Same pattern off of the Nov 3 gap up open caused by trade headlines. Sort of like a TV medical drama where the patient is dying until they put the paddles on their chest and shock them back to life. You would have to be very brave indeed to go short today and hold over the weekend given that both capitols are tweeting out what ever it takes to prop themselves and the markets. :twisted:
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Re: 11/08/2019 Live Update

Postby BullBear52x » Fri Nov 08, 2019 4:17 pm

Some people will see this as a stops hunt.
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Re: 11/08/2019 Live Update

Postby BullBear52x » Fri Nov 08, 2019 4:21 pm

look at your tick reading now in the negative while price spikes. Not normal. :twisted:
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