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01/08/2019 Live Update

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BullBear52x
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Re: 01/08/2019 Live Update

Post by BullBear52x »

a breakout to new HOD will get me shooting for 2625, I am not trading just plan for tomorrow.
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BullBear52x
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Re: 01/08/2019 Live Update

Post by BullBear52x »

Multi time frames, next focus is on DAILY sell the rip, 1m,5m, and an hourly are all bullish now. VIX is getting weaker and favors bulls.
Last edited by BullBear52x on Tue Jan 08, 2019 3:07 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades with cats
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Re: 01/08/2019 Live Update

Post by Trades with cats »

Nice bounce on an EMA (roughly 5 minute) with a really big bar but stopped at a consolidation zone for now. Need Kudlow on the lawn with great China news.
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BullBear52x
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Re: 01/08/2019 Live Update

Post by BullBear52x »

new Sun for bulls.
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Trades with cats
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Re: 01/08/2019 Live Update

Post by Trades with cats »

Big bar explained by twitter feed-
"THAT was a 270 issue buy program with aggressive quote rates that ran at 1:52 $SPY not a Capper...wasn't large enough."
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JFR
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Re: 01/08/2019 Live Update

Post by JFR »

Overnight gap up on SPY, QQQ, DIA and IWM. Gap filled on all but DIA. Fairly clean moves within the range.

2019-01-08_1105.png
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Cobra
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Re: 01/08/2019 Live Update

Post by Cobra »

looks like it's going to test the day high.
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JFR
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Re: 01/08/2019 Live Update

Post by JFR »

Big picture. Bulls making a bit of a move, with an obvious target above. Dunno if it will get there, but the bearish sentiment seems quieter lately.

2019-01-08_1126.png
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JFR
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Re: 01/08/2019 Live Update

Post by JFR »

Hitting a wall, or a fence, or steel slats, or resistance. Yeah, that's it. Ha ha

2019-01-08_1135_001.png
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JFR
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Re: 01/08/2019 Live Update

Post by JFR »

IYR doing well. The rest are n o t doing m u c h. Back later.

2019-01-08_1146.png
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JFR
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Re: 01/08/2019 Live Update

Post by JFR »

NKTR has done well. A leader two days in a row.

2019-01-08_1150.png
2019-01-08_1150_001.png
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Al_Dente
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Re: 01/08/2019 Live Update

Post by Al_Dente »

HAPPY HOUR
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 01/08/2019 Live Update

Post by Cobra »

consolidation, bias is up so still could test the day high or near.
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Trades with cats
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Re: 01/08/2019 Live Update

Post by Trades with cats »

ES 03-19 (30 Minute) 2019_01_08 (1_21_48 PM).png
30 minute bars New York hours only. Haven't updated the Elliot wave counts. Added an RSI with automatic markings for divergence. Real point of this is the composite volume profile from Dec 12 to current. Tells a very strong story.
Also shows off the Coral filter trend line to good advantage.
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MrMiyagi
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Post by MrMiyagi »

NYMO +111
NAMO +88


Have to go back to March 2016 to find these extremes.

We're either at the start of a new 4-year cycle or we are going to get shafted by the big funds selling before the next round of tariffs. In either case, oscillators are way overbought here.
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Cobra
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Re: 01/08/2019 Live Update

Post by Cobra »


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Cobra
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Re: 01/08/2019 Live Update

Post by Cobra »

Well, guess that's it for today. Wednesday tomorrow has been generally bull friendly recently. thank you guys, I'll see you in another thread soon.

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