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05/01/2019 Live Update

05/01/2019 Live Update

Postby Cobra » Wed May 01, 2019 9:21 am

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the pullback overnight probably will be bought. don't forget roller coaster show at 2 pm today.
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Re: 05/01/2019 Live Update

Postby Cobra » Wed May 01, 2019 9:24 am


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Re: 05/01/2019 Live Update

Postby BullBear52x » Wed May 01, 2019 9:32 am

Put/Call ratio suggesting this rally will need a pull back, I am leaning bearish today.
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Re: 05/01/2019 Live Update

Postby BullBear52x » Wed May 01, 2019 9:33 am

sell first with tight stop
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Re: 05/01/2019 Live Update

Postby BullBear52x » Wed May 01, 2019 9:42 am

Key supports
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Re: 05/01/2019 Live Update

Postby Trades with cats » Wed May 01, 2019 9:43 am

FT71 showed on Bookmap how Apple earnings was a trigger for a massive stop run. Then it flat lined until Asia opened and they did what they always do.Euro zone trading brought it back down. Now we will see what happens with all short positions pretty much closed out.
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Re: 05/01/2019 Live Update

Postby K447 » Wed May 01, 2019 9:54 am

Trades with cats wrote:... until Asia opened ...


Note that some Asia exchanges are closed, such as China for three days, Japan, and a couple of others, IIRC
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Re: 05/01/2019 Live Update

Postby Trades with cats » Wed May 01, 2019 9:57 am

K4457, Thanks for that!
So the second spike up after Asia opened would have been unusually light volume.
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Re: 05/01/2019 Live Update

Postby Cobra » Wed May 01, 2019 10:00 am


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Re: 05/01/2019 Live Update

Postby Cobra » Wed May 01, 2019 10:00 am

it's morning hourly filled black bar.
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Re: 05/01/2019 Live Update

Postby BullBear52x » Wed May 01, 2019 10:01 am

good start, morning bears can not lose today. half off the table, stop at 56. coffee time.
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Re: 05/01/2019 Live Update

Postby Trades with cats » Wed May 01, 2019 10:03 am

ES 06-19 (2000 Tick Volumetric) 2019_05_01 (8_01_19 AM).png

No buyers.
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Re: 05/01/2019 Live Update

Postby K447 » Wed May 01, 2019 10:05 am

Trades with cats wrote:...
... after Asia opened ...


I do not trade the overnight and after hours stuff, but you might want to monitor (keep track of) which exchange holidays are scheduled for which countries.
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Re: 05/01/2019 Live Update

Postby te_fern » Wed May 01, 2019 10:30 am

Watching this trendline this morning for eventual support....
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Re: 05/01/2019 Live Update

Postby BullBear52x » Wed May 01, 2019 10:36 am

A trade lower than 47, where the short squeeze started yesterday, we will end back in yesterday's trading range, if so, I am expecting more weakness to continue, Fed or no Fed.
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Re: 05/01/2019 Live Update

Postby te_fern » Wed May 01, 2019 10:36 am

There is a small double bottom there which seems to be giving some support....
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Re: 05/01/2019 Live Update

Postby ccash04 » Wed May 01, 2019 10:37 am

How much buying power is really left? Think we need to consolidate or break lower to refresh.
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Re: 05/01/2019 Live Update

Postby ccash04 » Wed May 01, 2019 10:41 am

Yields diving now, longer end tightening up. 10-yr below 2.5%
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Re: 05/01/2019 Live Update

Postby te_fern » Wed May 01, 2019 10:55 am

Looking at at triangle now....
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Re: 05/01/2019 Live Update

Postby BullBear52x » Wed May 01, 2019 10:58 am

How yesterday's end which is a surprised to me, today started out the same will it copy yesterday's path. I will be very surprise.

wishful thinking.
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