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04/22/2019 Live Update

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Cobra
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04/22/2019 Live Update

Post by Cobra »

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no idea up or down from here. seasonality favors bears today. so far likely a range day.
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Cobra
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Re: 04/22/2019 Live Update

Post by Cobra »


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Trades with cats
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Re: 04/22/2019 Live Update

Post by Trades with cats »

ES 06-19 (8000 Tick) 2019_04_22 (7_43_14 AM).png
Euro Zone markets are closed today so no European Open last night. Just Asian traders reacting to the news out of China.
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BullBear52x
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Re: 04/22/2019 Live Update

Post by BullBear52x »

Trades up from overnight low with Negative $TICK, sell first, testing the water here.
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Re: 04/22/2019 Live Update

Post by BullBear52x »

/ES 906.5 pivot.
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Trades with cats
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Re: 04/22/2019 Live Update

Post by Trades with cats »

Fun fact from Futures Trader 71 this morning. He has now done 1,500 live broadcasts. He will be doing a presentation Thursday after the close at Futures.IO (formerly Big Mikes) on the new Micro index futures. He thinks that is a way better place for limited bankroll people to learn than sim trading. I am confident the tape of the presentation will be readily available from both web sites.

I know nothing about the new micro contracts. I do know that futures are superior to ETFs at tax time. Also the day trader rules are reversed. Futures day trading requires less money in your account. Of course when the clock strikes the magic hour your broker will turn your carriage into a pumpkin by closing all positions now. Typically brokers require $500 per ES contract (S&P Mini contract) during regular or cash market hours. That instantly moves to $5,300 to hold overnight. :D
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Cobra
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Re: 04/22/2019 Live Update

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Re: 04/22/2019 Live Update

Post by Cobra »

it's morning hourly hollow red.
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ccash04
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Re: 04/22/2019 Live Update

Post by ccash04 »

Short, only thing makes me nervous is low volume but VIX green, weak a/d, and tick and now gap closed means short away?
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BullBear52x
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Re: 04/22/2019 Live Update

Post by BullBear52x »

If overnight low were to be taken out I can see another 10 more handles to the down side, but for now 5 handles will be a good profit on either side until then....
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Re: 04/22/2019 Live Update

Post by BullBear52x »

support level, a trade below 2889 will be very dangerous. hourly will have LL, still far out just saying.
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Cobra
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Re: 04/22/2019 Live Update

Post by Cobra »

strong up here break the Thursday's high then it's uptrend day, otherwise and mostly it's just a range day.
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Re: 04/22/2019 Live Update

Post by Cobra »

bias is up. but I still need see a breakout to view it as an uptrend day.
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Re: 04/22/2019 Live Update

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BullBear52x
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Re: 04/22/2019 Live Update

Post by BullBear52x »

If market closed right here the consolidation phase will be confirmed, the next question will be how deep this time a correction will be? find excuse to sell :twisted:
1.PNG
2.PNG
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JFR
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Re: 04/22/2019 Live Update

Post by JFR »

Big picture. At a top. Pausing. Basing. Breakout or pullback coming?

2019-04-22_0949.png
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Re: 04/22/2019 Live Update

Post by BullBear52x »

On the market profile side of thing, it is inside day, a bigger move to breakout is coming, with bearish bias internals, my guess will be to the down side. simply TA. :geek: :ugeek:
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JFR
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Re: 04/22/2019 Live Update

Post by JFR »

QQQ and SPY gap down, filled. DIA not quite filled. IWM choppy.

Riding the EMA 20.

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JFR
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Re: 04/22/2019 Live Update

Post by JFR »

XOM, CVX having a good day.

2019-04-22_1015.png
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JFR
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Re: 04/22/2019 Live Update

Post by JFR »

QQQ and SPY gap down, filled. DIA not quite filled. IWM choppy.

Riding the EMA 20.
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2019-04-22_1018.png
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