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01/09/2019 Live Update

Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 01/09/2019 Live Update

Post by Daniel »

An obvious retest of the SPX 2600 area seems like a magnet to SPY. It is being drawn to tag it, and then see what happens next. Zweig 'breadth-thrust' level buying interest nearly guarantees the tractor beams will pull price to that level.
Trades with cats
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Re: 01/09/2019 Live Update

Post by Trades with cats »

That last bump was a point and half ES above the release high and it hasn't held. Looking for a third bounce from the 60 minute Opening Range high ( like the last one) or a fail. Clearly if it takes out the overnight high at ES 2587.25 it will not be good.
Trades with cats
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Re: 01/09/2019 Live Update

Post by Trades with cats »

And there she rips , trying to bounce on VWAP
Trades with cats
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Re: 01/09/2019 Live Update

Post by Trades with cats »

ES 03-19 (2000 Tick) 2019_01_09 (12_31_23 PM).png
VWAP and EMA now at the same place.
Trades with cats
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Re: 01/09/2019 Live Update

Post by Trades with cats »

Bradley 2019.png
from Helene Meisler twitter feed ( the person who keeps graph paper and pencil charts)
Whops, I will try again on the other year.
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Bradley 2018.png
Trades with cats
Posts: 8656
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Re: 01/09/2019 Live Update

Post by Trades with cats »

Bradly 2019 2nd try.png
Trades with cats
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Joined: Sat Oct 11, 2014 4:40 pm

Re: 01/09/2019 Live Update

Post by Trades with cats »

ES 03-19 (2000 Tick) 2019_01_09 (1_05_54 PM).png
Looking for another scalp once market figures out both long entry bars have failed.
Trades with cats
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Re: 01/09/2019 Live Update

Post by Trades with cats »

I am wrong again, found more buyers.
Trades with cats
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Joined: Sat Oct 11, 2014 4:40 pm

Re: 01/09/2019 Live Update

Post by Trades with cats »

Time to draw a box!
Trades with cats
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Joined: Sat Oct 11, 2014 4:40 pm

Re: 01/09/2019 Live Update

Post by Trades with cats »

Joe Friday Darvas Boxes.png
Joe Friday's twitter feed. He says bears must keep price from the red zone and retaking box 1 and two would confirm. He is saying this will resolve by Friday.

Just proves Pasta Boss is one of many who use boxes!
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Mr. BachNut
Posts: 2688
Joined: Thu Feb 24, 2011 2:28 pm

Re: 01/09/2019 Live Update

Post by Mr. BachNut »

Some Bear Porn found on Twitter:
Four Up Days.jpg
Hat tip - Kora Reddy
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Cobra
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Re: 01/09/2019 Live Update

Post by Cobra »


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Cobra
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Re: 01/09/2019 Live Update

Post by Cobra »

well, guess that's it for today. Thursday tomorrow has been bear friendly recently. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
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brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 01/09/2019 Live Update

Post by brokebybernacke2 »

2 cracks at 2600
2580 support..not sure if one more crack at it...
wxtrader001
Posts: 40
Joined: Mon Feb 14, 2011 11:03 am

Re: 01/09/2019 Live Update

Post by wxtrader001 »

There is So clear MACD Divergences in intraday chart,i think it's time to short now!
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