BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Jan 17, 2019 12:04 pm
I am on a bear train now @20
Edited : nope filled at 19.50
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Jan 17, 2019 12:27 pm
first profit taking around 61.8%, and let the rest runs with 1.5 ATR stop from the HOD.keep it simple.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Jan 17, 2019 12:30 pm
.....
Last edited by
Al_Dente on Thu Jan 17, 2019 12:59 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
Posts: 4018 Joined: Tue Nov 24, 2015 3:35 pm
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by te_fern » Thu Jan 17, 2019 12:42 pm
Definitely broke to the upside....
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BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Jan 17, 2019 1:12 pm
I see it differently, bulls will fight on, but until they can make a new high (yesterday's HOD.) sell pressure will only get stronger.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Jan 17, 2019 1:15 pm
today
Nomura's Charlie McElligott (via zh):
With most marginal traders once again positioned bullishly, the pain trade is naturally lower. “...a move down through 2575 in SPX” and the selling pressure will return with a vengeance.
[Pasta here: So, 2600 was resistance now support… and McElligott's NUMBER is 2575]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Cobra
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by Cobra » Thu Jan 17, 2019 1:17 pm
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BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Jan 17, 2019 1:23 pm
Short term we got LL, now we want to see LH or 2x top, if not all bets are off for bearish view, market will do what it wants, the TA guy like me will see what I see. keep it simple. people can draw a beautiful chart but what to do with them it is another question.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Jan 17, 2019 1:50 pm
Intraday pivot. visualization, not mathematics.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Jan 17, 2019 2:15 pm
Market will do two things during the phase change, it will either scare you out or bored you out. those market makers get paid to mess with your brain to meet their customers (big institutions) so far the liquidity is not showing up.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Jan 17, 2019 2:26 pm
last U-sell signal failed, oy....
new HH chanllenge.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Jan 17, 2019 2:30 pm
Here's chart of u-sell failed, no new sell above this line for me. I am not buying this market at this juncture. eh uh...
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My comments are for entertainment/educational purpose only. NOT a trade advice.
daytradingES
Posts: 2245 Joined: Thu Sep 13, 2012 10:46 am
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by daytradingES » Thu Jan 17, 2019 2:45 pm
This am the default estimates were
2632.50
2607
with an actual low of 2605.50 its looking like a long T-top day.
Educational only and not trading advice (EO&NTA)
Good trading to all
daytradingES
Posts: 2245 Joined: Thu Sep 13, 2012 10:46 am
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by daytradingES » Thu Jan 17, 2019 2:47 pm
BullBear52x wrote: daytradingES wrote: BullBear52x wrote: /ES stairs steps
I haven't done my numbers yet but thinking you are right.
2520, let me know if any of your number cross that one in few days.
Sorry not clear on what you mean?
Educational only and not trading advice (EO&NTA)
Good trading to all
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Jan 17, 2019 2:50 pm
daytradingES wrote: BullBear52x wrote: daytradingES wrote: BullBear52x wrote: /ES stairs steps
I haven't done my numbers yet but thinking you are right.
2520, let me know if any of your number cross that one in few days.
Sorry not clear on what you mean?
I see market can pull back down as low as 2520 /ES, you see that number on your calculation?
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Jan 17, 2019 2:53 pm
I am back on a bear wagon once more, stick or not will see. @ 22 this time, bulls can not put me on red today. so my way to go green now I hope LOL
My comments are for entertainment/educational purpose only. NOT a trade advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Jan 17, 2019 2:54 pm
SPX daily STILL has that wedge, and it's getting tighter
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
daytradingES
Posts: 2245 Joined: Thu Sep 13, 2012 10:46 am
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by daytradingES » Thu Jan 17, 2019 2:57 pm
BullBear52x wrote: daytradingES wrote: BullBear52x wrote: daytradingES wrote: BullBear52x wrote: /ES stairs steps
I haven't done my numbers yet but thinking you are right.
2520, let me know if any of your number cross that one in few days.
Sorry not clear on what you mean?
I see market can pull back down as low as 2520 /ES, you see that number on your calculation?
Ok I understand what you mean now.
I usually only look on an intraday day basis not several days.
I will take a look tonight!
Educational only and not trading advice (EO&NTA)
Good trading to all
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Jan 17, 2019 3:27 pm
not much of a bull flag
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My comments are for entertainment/educational purpose only. NOT a trade advice.