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03/20/2019 Live Update

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Cobra
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03/20/2019 Live Update

Post by Cobra »

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don't know whether the pullback was over or not. roller coaster show at 2 pm, don't forget.
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Cobra
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Re: 03/20/2019 Live Update

Post by Cobra »


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BullBear52x
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Re: 03/20/2019 Live Update

Post by BullBear52x »

Yesterday bearish reversal wasn't clear, I got mix signals, not totally bearish or bullish. I am clueless today.

support at 5 DMA, losing a support here will give me lower target at lower 2800 (gap}
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Re: 03/20/2019 Live Update

Post by Trades with cats »

Overnight low was projected to be significant by Morad (FT71) this morning. If it doesn't hold then BullBears down senario is working out. Morad has an initial down target of ES 2816 if the market goes that way.
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Re: 03/20/2019 Live Update

Post by Trades with cats »

ES 06-19 (15 Minute) 2019_03_20 (7_41_04 AM).png
15 minute bars. Please note that is relative volume comparing over the last 40 days ignoring day of the week. Also jazzed up RSI had both fast and slow trigger lines nose dive.
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BullBear52x
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Re: 03/20/2019 Live Update

Post by BullBear52x »

Buying here, testing the water, stop level is clear. let see.
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Re: 03/20/2019 Live Update

Post by Trades with cats »

Looking for ES 2841 for the upside. Just below overnight high. Should things start moving that way. Probably waiting for the opening tweet. :twisted:
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BullBear52x
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Re: 03/20/2019 Live Update

Post by BullBear52x »

Bulls know under 38.2% is no no
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Re: 03/20/2019 Live Update

Post by Trades with cats »

Everything is there, capitulation bear bar double bottom oscillators switching to green, just need some help from price!
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BullBear52x
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Re: 03/20/2019 Live Update

Post by BullBear52x »

all I got to go with atm
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Cobra
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Re: 03/20/2019 Live Update

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te_fern
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Re: 03/20/2019 Live Update

Post by te_fern »

Everyone maybe waiting on the Fed this afternoon....
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Re: 03/20/2019 Live Update

Post by Trades with cats »

Everyone is waiting on the Fed but no one expects anything, at least that is the standard story. Zerohedge was mocking Goldman this morning calling their call a Schrodinger cat box. It is all about whjen the first rate cut happens as that means recession one quarter later.
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Re: 03/20/2019 Live Update

Post by Trades with cats »

^SP500 (Daily) 2019_03_20 (8_18_56 AM).png
I updated the daily wave count last night, then this morning Pretzel Logic updated his trend lines so I am still behind.
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BullBear52x
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Re: 03/20/2019 Live Update

Post by BullBear52x »

If bulls can push over 32ish (/ES) this time bears are dead, I see bear trap setup here.
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Re: 03/20/2019 Live Update

Post by Trades with cats »

^SP500 (Daily) 2019_03_20 (8_24_52 AM).png
The rest of the count. Don't ever forget Coolbiz will walk away from this in a heartbeat. Also, we watched him set a goal of $300,000 for last August and he exceeded it. Finally, he sells nothing no web site no newsletter, just does this (posts his views) for I assume altruistic reasons.
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BullBear52x
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Re: 03/20/2019 Live Update

Post by BullBear52x »

Trap pattern
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Re: 03/20/2019 Live Update

Post by Trades with cats »

London/Frankfurt going home. You would think some short covering going on. Bulls need to build on that if we are going to move out of this range. Maybe (perish the thought) up and downside targets are waiting for 2:00.
te_fern
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Re: 03/20/2019 Live Update

Post by te_fern »

Watching this little channel, though it looks like its about to break to the upside....
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Re: 03/20/2019 Live Update

Post by Trades with cats »

ES 06-19 (2000 Tick) 2019_03_20 (9_27_22 AM).png
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