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01/09/2019 Live Update

Re: 01/09/2019 Live Update

Postby Daniel » Wed Jan 09, 2019 3:03 pm

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.
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Re: 01/09/2019 Live Update

Postby Trades with cats » Wed Jan 09, 2019 3:18 pm

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.
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Re: 01/09/2019 Live Update

Postby Trades with cats » Wed Jan 09, 2019 3:19 pm

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

Postby Trades with cats » Wed Jan 09, 2019 3:33 pm

ES 03-19 (2000 Tick) 2019_01_09 (12_31_23 PM).png

VWAP and EMA now at the same place.
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Re: 01/09/2019 Live Update

Postby Trades with cats » Wed Jan 09, 2019 3:38 pm

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
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Re: 01/09/2019 Live Update

Postby Trades with cats » Wed Jan 09, 2019 3:42 pm

Bradly 2019 2nd try.png
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Re: 01/09/2019 Live Update

Postby Trades with cats » Wed Jan 09, 2019 4:07 pm

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.
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Re: 01/09/2019 Live Update

Postby Trades with cats » Wed Jan 09, 2019 4:10 pm

I am wrong again, found more buyers.
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Re: 01/09/2019 Live Update

Postby Trades with cats » Wed Jan 09, 2019 4:13 pm

Time to draw a box!
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Re: 01/09/2019 Live Update

Postby Trades with cats » Wed Jan 09, 2019 4:19 pm

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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Re: 01/09/2019 Live Update

Postby Mr. BachNut » Wed Jan 09, 2019 4:30 pm

Some Bear Porn found on Twitter:

Four Up Days.jpg


Hat tip - Kora Reddy
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Re: 01/09/2019 Live Update

Postby Cobra » Wed Jan 09, 2019 4:50 pm


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Re: 01/09/2019 Live Update

Postby Cobra » Wed Jan 09, 2019 4:52 pm

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.

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Re: 01/09/2019 Live Update

Postby brokebybernacke2 » Wed Jan 09, 2019 5:00 pm

2 cracks at 2600
2580 support..not sure if one more crack at it...
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Re: 01/09/2019 Live Update

Postby wxtrader001 » Thu Jan 10, 2019 10:28 am

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