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03/22/2019 Live Update

Trades with cats
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Re: 03/22/2019 Live Update

Post by Trades with cats »

From Coolbiz-
"SPX took out 2812.43, bullish outlook is on hold now. Next retrace up determines if a major correction is starting or the bull trend will continue?"
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Mr. BachNut
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Re: 03/22/2019 Live Update

Post by Mr. BachNut »

Gap target at SPX 2808.48 has been snagged by the bears.
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Cobra
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Re: 03/22/2019 Live Update

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Al_Dente
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Re: 03/22/2019 Live Update

Post by Al_Dente »

MIDDLE PANEL: Tick is oversold. We’ve seen that before (purple arrows)
5min

[add: any tick bounce will be seen as an oversold-dead-cat bounce until tick is above the zero line here]

322 tick os.ong.png
Last edited by Al_Dente on Fri Mar 22, 2019 12:36 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 03/22/2019 Live Update

Post by Cobra »

I see no sign of bottom.
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Al_Dente
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Re: 03/22/2019 Live Update

Post by Al_Dente »

Al_Dente wrote:AD bear is 4.24x bull
4.46x
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Re: 03/22/2019 Live Update

Post by Trades with cats »

I have identical measured move bounces at 11:18 and 12:07 , 8 point moves. Of course the second one hasn't failed yet.
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Al_Dente
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Re: 03/22/2019 Live Update

Post by Al_Dente »

added to my tick chart from 12:24 ET

[add: any tick bounce will be seen as an oversold-dead-cat bounce until tick is above the zero line here]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Re: 03/22/2019 Live Update

Post by Trades with cats »

ES 06-19 (15 Minute) 2019_03_22 (10_36_05 AM).png
This is an ugly mess. Volume profile says market is clueless about what a fair price should be.

My personal opinion is all the buybacks (which were illegal) are like an auctioneer putting shills in the crowd. If they get too aggressive the crowd smells a rat. Not saying Tim Cook is a rat but I am saying his (and he is a proxy for all those execs) motivation is totally different from what an investor wants. Totally disagree with Warren Buffet on this.
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Al_Dente
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Re: 03/22/2019 Live Update

Post by Al_Dente »

at the moment VIX is up 28.4% today
Last edited by Al_Dente on Fri Mar 22, 2019 1:09 pm, edited 2 times in total.
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Re: 03/22/2019 Live Update

Post by Trades with cats »

So total blood bath for the short volatility crowd.
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Cobra
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Re: 03/22/2019 Live Update

Post by Cobra »

1st test of ema20 in 2+ hours, watch for sell setup.
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MrMiyagi
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Post by MrMiyagi »

Cobra wrote:1st test of ema20 in 2+ hours, watch for sell setup.
No measured move to the upside potential?
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Al_Dente
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Re: 03/22/2019 Live Update

Post by Al_Dente »

Al_Dente wrote:at the moment VIX is up 28.4% today
now +19.8%
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Al_Dente
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Re: 03/22/2019 Live Update

Post by Al_Dente »

"It's probably just algorithms" - guy on CNBC
:lol: :lol: :lol: :lol:
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Al_Dente
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Re: 03/22/2019 Live Update

Post by Al_Dente »

Intraday tiny little inverseH&S just confirmed
SPX
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Cobra
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Re: 03/22/2019 Live Update

Post by Cobra »

not sure if it's the higher low because the initial rebound was not strong. need see more bars which means I may have missed the low of course.
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MrMiyagi
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Post by MrMiyagi »

SPX Channel
SPX Channel
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Al_Dente
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Re: 03/22/2019 Live Update

Post by Al_Dente »

HAPPY HOUR
lights off.png.png
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Al_Dente
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Re: 03/22/2019 Live Update

Post by Al_Dente »

WEEK AT A GLANCE (~hour early)
322week.png.png
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