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02/08/2019 Live Update

Re: 02/08/2019 Live Update

Postby Trades with cats » Fri Feb 08, 2019 1:37 pm

Dangerous for bulls, this could be a double top and it meets the 30 minute rule. That regular hours open is a tough barrier.
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Re: 02/08/2019 Live Update

Postby Cobra » Fri Feb 08, 2019 1:49 pm

3 push down then strong rebound (so far) so maybe the range low was in. now the question is where the range high is.
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Re: 02/08/2019 Live Update

Postby JFR » Fri Feb 08, 2019 2:16 pm

Bounce up to the E20.


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Re: 02/08/2019 Live Update

Postby QED » Fri Feb 08, 2019 2:28 pm

.
MTUM's January rebalancing ...
Momentum ETF Tilts Toward Defensive Sectors Over Tech

https://www.bloomberg.com/news/videos/2 ... tech-video

.
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Re: 02/08/2019 Live Update

Postby Al_Dente » Fri Feb 08, 2019 2:50 pm

Bears are not inspired by three days of red dojis
Daily, 2 months
28quick day.png.png
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Re: 02/08/2019 Live Update

Postby fehro » Fri Feb 08, 2019 2:53 pm

http://bbs.cobrasmarketview.com/viewtopic.php?f=2&t=3292&p=265049#p265049 & http://bbs.cobrasmarketview.com/viewtopic.php?f=2&t=3285&p=264954#p264954

A picture is worth a thousand words.. or thousands of profit potential ;)

Weekly candle she is not pretty.. at 50w SMA … toppy .. very toppy
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Screen Shot 2019-02-08 at 10.49.46 AM.png
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Re: 02/08/2019 Live Update

Postby Trades with cats » Fri Feb 08, 2019 2:57 pm

OK, so all around the planet PMI's are dropping. Apartment sales in China are down. Bond rates are falling along with loan applications. Analysts have dropped next quarter earnings to negative year over year. The real surprise is that funds are buying defensive issues instead of going straight to cash, but as fund managers have said in the past nobody will pay fees for having their money held in cash.
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Re: 02/08/2019 Live Update

Postby Trades with cats » Fri Feb 08, 2019 2:59 pm

Waiting for someone to publish the levels at which the funds sell and go short, thus confirming ferho's charts that we are in a sucker rally.
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Re: 02/08/2019 Live Update

Postby JFR » Fri Feb 08, 2019 2:59 pm

Trying to move up from a base. We will see.


2019-02-08_1058.png
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Re: 02/08/2019 Live Update

Postby JFR » Fri Feb 08, 2019 3:02 pm

There is a stuggle going on. Bulls might be winning. For now.


2019-02-08_1101.png
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Re: 02/08/2019 Live Update

Postby Cobra » Fri Feb 08, 2019 3:12 pm

testing day high, if break through then the gap probably will be filled today.
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Re: 02/08/2019 Live Update

Postby Al_Dente » Fri Feb 08, 2019 3:13 pm

Top panel:
See that purple spike where the purple arrow is?
That was Powell
I think a breakdown there would see some massive capitulation
5min
28powell put.png
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Re: 02/08/2019 Live Update

Postby Trades with cats » Fri Feb 08, 2019 3:22 pm

Up in the gap is the double bottom at ES 2722. I think we have to test that next week.
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Re: 02/08/2019 Live Update

Postby JFR » Fri Feb 08, 2019 3:29 pm

QQQ fills the overnight gap. Back later ...


2019-02-08_1128.png
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Re: 02/08/2019 Live Update

Postby JFR » Fri Feb 08, 2019 3:35 pm

IWM filled the overnight gap in the first 5 minutes. Back there now. Coffee break.


2019-02-08_1134.png
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Re: 02/08/2019 Live Update

Postby daytradingES » Fri Feb 08, 2019 3:51 pm

High Est 2707.50
Actual High 2700.75
Dif= 6.75

Low Est 2681.25
Actual Low 2680.75
Dif= 0.50
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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Re: 02/08/2019 Live Update

Postby Al_Dente » Fri Feb 08, 2019 4:00 pm

HAPPY HOUR
baby bear.png.png
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Re: 02/08/2019 Live Update

Postby Al_Dente » Fri Feb 08, 2019 4:03 pm

WEEK AT A GLANCE (~ hour early)
28week glance.png.png
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Re: 02/08/2019 Live Update

Postby Cobra » Fri Feb 08, 2019 4:12 pm

1st test of ema20 in 2+ hours, so maybe the pullback will be bought.
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Re: 02/08/2019 Live Update

Postby rpccharts » Fri Feb 08, 2019 4:29 pm

McLellan 2003-4 Analogue

Image
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