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Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 12:25 pm
by JFR
Hitting the EMA20. In a base. Waiting for breakout.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 12:32 pm
by BullBear52x
Last sell trade for me, If I got stopped out I will be done today.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 12:34 pm
by BullBear52x
I am still eyeing 78-80 /ES, if not today then tomorrow????
tomorrow will be buy day if we get that level. Peace!
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 12:35 pm
by te_fern
Need to break VWAP and then move up to the red MA line....
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 12:46 pm
by Trades with cats
I have VWAP at ES 2895.75. Clearly market said close enough. Making a mockery of all my trend lines.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 12:53 pm
by JFR
Trying to breakout.
Back later ...
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:04 pm
by Trades with cats
Nice little double top at VWAP. Guess too early to go to ES 2900. As down as this has been need valid test of bottom.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:08 pm
by Daniel
Daniel wrote:IWM undercut yest's low (made at the open) and is now above, it may be bottoming...
update: all three majors are struggling to stay above their LOD.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:18 pm
by Al_Dente
AD
bears are still 4-5x bulls
(something about a bad 3-year treasury auction... )
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:20 pm
by Al_Dente
LOD:
IWM
SPY
QQQ
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:22 pm
by Trades with cats
Overshooting my third measured move. Time to turn around.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:26 pm
by Al_Dente
“Sell in May and Go Away”
Bloomberg: The S&P's 17.3% gain in 2019 through the end of April makes it the fourth best start to a year in history. And, that may be a bearish signal. Because historically when the January-April return exceeds 15%, the performance for the rest of the year is paltry at best and, at times, a disaster.
But that strategy still leaves money on the table:
https://stockcharts.com/articles/chartw ... ming-.html
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:29 pm
by Mr. BachNut
Mr. BachNut wrote:Mr. BachNut wrote:
We have two down gap targets within striking distance at 2888.32 and 2778.20.
First target tagged.
Second target tagged.
Maybe some support can be found around here.
Otherwise, the 50 MA is around SPX 2856.5.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:36 pm
by Al_Dente
Megaphone tilted down
“Descending Broadening Wedge”
http://thepatternsite.com/dbw.html
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:37 pm
by JFR
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:39 pm
by Al_Dente
Isn't anyone from the cabinet or the FED going to start yapping, to give us false hope
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:43 pm
by Trades with cats
Well I guess they can reprice all the IPO's.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:48 pm
by BullBear52x
Chart for the road: Daily entering buy the dip zone. I will be a buyer tomaro.....trade well, Peace!
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 1:48 pm
by Al_Dente
SOXS
3x SHORT semis
up +10% today
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 2:00 pm
by Cobra
before the mini target (tinted area) exceeded, no hope of bottom.