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04/08/2019 Live Update

04/08/2019 Live Update

Postby Cobra » Mon Apr 08, 2019 9:23 am

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no idea up or down from here, always assume up is more likely. possible range day.
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Re: 04/08/2019 Live Update

Postby Cobra » Mon Apr 08, 2019 9:27 am


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Re: 04/08/2019 Live Update

Postby BullBear52x » Mon Apr 08, 2019 9:33 am

Very bullish market, but without a pull back is not a healthy one. sell first and will see.
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Re: 04/08/2019 Live Update

Postby JFR » Mon Apr 08, 2019 9:40 am

Overnight/weekend gap down on DIA IWM QQQ and SPY.


2019-04-08_0638.png
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Re: 04/08/2019 Live Update

Postby JFR » Mon Apr 08, 2019 9:45 am

GLD TLT USO UUP


2019-04-08_0644.png
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Re: 04/08/2019 Live Update

Postby BullBear52x » Mon Apr 08, 2019 9:45 am

82ish, see 5min. intraday is very oversold now. no reversal in 1min I can see yet.
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Re: 04/08/2019 Live Update

Postby BullBear52x » Mon Apr 08, 2019 9:55 am

I am eying 78.5 from here if we got LL
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Re: 04/08/2019 Live Update

Postby Cobra » Mon Apr 08, 2019 10:07 am


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Re: 04/08/2019 Live Update

Postby Cobra » Mon Apr 08, 2019 11:02 am

at the worst it's a range day. lower chances it's an uptrend day.
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Re: 04/08/2019 Live Update

Postby BullBear52x » Mon Apr 08, 2019 11:59 am

We got LOD lower than Friday's LOD and Gap down, to have a bearish reversal we need gap and go (down direction) action today, that is trading lower and close under 38.2%
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Re: 04/08/2019 Live Update

Postby Cobra » Mon Apr 08, 2019 12:01 pm


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Re: 04/08/2019 Live Update

Postby 1der » Mon Apr 08, 2019 12:03 pm

SPY 30 second chart from this morning with PBar from around 5AM Pacific / 8am ET
The 30 second chart really shows that they have some meaning:
2019-04-08_8-59-04.jpg
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Re: 04/08/2019 Live Update

Postby BullBear52x » Mon Apr 08, 2019 12:10 pm

I am anticipating a relief rally pull back this week so I will try to sell rips more aggressively than the usual.
Last edited by BullBear52x on Mon Apr 08, 2019 12:12 pm, edited 1 time in total.
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Re: 04/08/2019 Live Update

Postby Al_Dente » Mon Apr 08, 2019 12:10 pm

WHO’S BUYING?
GS shows buyers, but only to the end of 2018.
They have Q1, 2019 stats. Why not show us that too ?? :roll:
https://pbs.twimg.com/media/D3kWHYcXsAAoXTl.jpg
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Re: 04/08/2019 Live Update

Postby BullBear52x » Mon Apr 08, 2019 12:28 pm

The bearish chart pattern starts to show up, the early birds are on deck and ready. :twisted:
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Re: 04/08/2019 Live Update

Postby BullBear52x » Mon Apr 08, 2019 12:33 pm

Looks llike the $VIX is agreeing with me to atm.
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Re: 04/08/2019 Live Update

Postby Al_Dente » Mon Apr 08, 2019 12:48 pm

Posted Friday:
“makes me nervous to see Tech neg divergence
easily cured, but caution until it is cured”

TODAY:
Looks like that Tech neg divergence was prescient, but it means nothing until PRICE BREAKS
5min
48tech diverg.png.png
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Re: 04/08/2019 Live Update

Postby Trades with cats » Mon Apr 08, 2019 1:16 pm

ES 06-19 (15 Minute) 2019_04_08 (11_07_28 AM).png

15 minute bars, regular hours only. That is relative volume based on the last 120 days. It is horrid.

Ties in nicely with Gandalf's comments on Bloomberg News today. He is saying that the lack of human fund managers (buying value) has forced funds to use volatility derivatives. His bottom line liquidity and volatility are inversely correlated because of all the stupid (no human control) ETF's and I also add momentum chasing strategies. Anyway, in this low volume environment going into what everyone claims is the worst earnings season in a couple of years with funds going massively short VIX and related products we could be setting up for an avalanche, just need the trigger. :D
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Re: 04/08/2019 Live Update

Postby Trades with cats » Mon Apr 08, 2019 1:51 pm

ES 06-19 (2000 Tick) 2019_04_08 (11_47_43 AM).png

Third try. Not interested in going short until I see a real failure. Way to likely to pull back and make it through on the fourth try.
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Re: 04/08/2019 Live Update

Postby Al_Dente » Mon Apr 08, 2019 2:04 pm

Lowering the earnings estimates across-the-board makes it easier to “beat”
If u can’t even beat the dismal lower bar, then you are in trouble
No urgency until Friday with JPM eps
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