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05/02/2019 Live Update

Re: 05/02/2019 Live Update

Postby Al_Dente » Thu May 02, 2019 10:04 am

BullBear52x wrote:Stockcharts.com is no good again today.

mine is bad too :evil:
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Re: 05/02/2019 Live Update

Postby Al_Dente » Thu May 02, 2019 10:07 am

ROB HANNA:
"Tuesday, after 22 consecutive closes above the 10ma, SPX dipped down and closed below it. [This]... looks at performance following other instances ..."
http://quantifiableedges.com/tops-wobbl ... ling-over/
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Re: 05/02/2019 Live Update

Postby BullBear52x » Thu May 02, 2019 10:09 am

Bulls will test overnight high easily.
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Re: 05/02/2019 Live Update

Postby Trades with cats » Thu May 02, 2019 10:10 am

DOM a little lumpy at ES 2931 sdo could be we are topping, maybe.
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Re: 05/02/2019 Live Update

Postby Trades with cats » Thu May 02, 2019 10:11 am

I have overnight high at 2932.25 from around 6 am Eastern.
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Re: 05/02/2019 Live Update

Postby BullBear52x » Thu May 02, 2019 10:12 am

move my stop up to 29
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Re: 05/02/2019 Live Update

Postby te_fern » Thu May 02, 2019 10:13 am

Thanks K447!
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Re: 05/02/2019 Live Update

Postby BullBear52x » Thu May 02, 2019 10:13 am

Ding ding ding.

35 to 39 is not that greedy, lets go bulls.
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Re: 05/02/2019 Live Update

Postby BullBear52x » Thu May 02, 2019 10:26 am

move my stop up to 30.75
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Re: 05/02/2019 Live Update

Postby BullBear52x » Thu May 02, 2019 10:28 am

got stopped out. well, I will sell the next sell setup. coffee time. :mrgreen:
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Re: 05/02/2019 Live Update

Postby Trades with cats » Thu May 02, 2019 10:29 am

ES 06-19 (2000 Tick) _ ES 06-19 (2000 Tick) 2019_05_02 (8_25_37 AM).png

Looking like a possible double top. Another issue is this is the area FT71 (and all the other similar style traders) will be looking to go short.
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Re: 05/02/2019 Live Update

Postby Trades with cats » Thu May 02, 2019 10:30 am

Shorts hoping for a bounce to ES 2930 so they can get in (800 contracts on the DOM)
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Re: 05/02/2019 Live Update

Postby BullBear52x » Thu May 02, 2019 10:33 am

Wishful thinking. :D
I got no clue really at this point. but will sell on the next move.
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Re: 05/02/2019 Live Update

Postby BullBear52x » Thu May 02, 2019 10:37 am

the good news for bears is a trade below yesterday's low will be a real deal for swing trade for few more days, very high chance atm.
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Re: 05/02/2019 Live Update

Postby Trades with cats » Thu May 02, 2019 10:37 am

We have a micro lower low, waiting for the lower high to confirm double top and drop or that they have enough trapped shorts to squeeze higher into the euro zone close. Need to see more bars.
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Re: 05/02/2019 Live Update

Postby BullBear52x » Thu May 02, 2019 10:38 am

one more trade for me today, going fishing.
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Re: 05/02/2019 Live Update

Postby Trades with cats » Thu May 02, 2019 10:39 am

Tomorrow is the big one, payrolls report, no idea how that feeds into the current Fed narrative. Patient means ignore stuff for now to me.
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Re: 05/02/2019 Live Update

Postby BullBear52x » Thu May 02, 2019 10:48 am

I got my sell order at 30.5, didn't fill, now roll down. well, good luck all, trade well, see ya tomaro.
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Re: 05/02/2019 Live Update

Postby Trades with cats » Thu May 02, 2019 10:50 am

The person who runs Goldman's buyback desk said in the interview that boards are very interested in their transactions compared to VWAP.

Bouncing on VWAP now.
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Re: 05/02/2019 Live Update

Postby Cobra » Thu May 02, 2019 10:53 am

the pullback probably means it's a range day at the best.
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