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Re: 05/07/2019 Live Update

PostPosted: Tue May 07, 2019 12:25 pm
by JFR
Hitting the EMA20. In a base. Waiting for breakout.


2019-05-07_0924.png

Re: 05/07/2019 Live Update

PostPosted: 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

PostPosted: 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

PostPosted: 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

PostPosted: 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

PostPosted: Tue May 07, 2019 12:53 pm
by JFR
Trying to breakout.

Back later ...

2019-05-07_0951.png

Re: 05/07/2019 Live Update

PostPosted: 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

PostPosted: 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

PostPosted: 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

PostPosted: Tue May 07, 2019 1:20 pm
by Al_Dente
LOD:
IWM
SPY
QQQ

Re: 05/07/2019 Live Update

PostPosted: 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

PostPosted: 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.
sell may.png.png

But that strategy still leaves money on the table:
https://stockcharts.com/articles/chartw ... ming-.html

Re: 05/07/2019 Live Update

PostPosted: 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. :shock:

Maybe some support can be found around here.
Otherwise, the 50 MA is around SPX 2856.5.

Re: 05/07/2019 Live Update

PostPosted: 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

PostPosted: Tue May 07, 2019 1:37 pm
by JFR
Crash. Boom. Bah.


Screenshot_20190507_103540.jpg

Re: 05/07/2019 Live Update

PostPosted: 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

PostPosted: 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

PostPosted: 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

PostPosted: Tue May 07, 2019 1:48 pm
by Al_Dente
SOXS
3x SHORT semis
up +10% today

Re: 05/07/2019 Live Update

PostPosted: Tue May 07, 2019 2:00 pm
by Cobra
before the mini target (tinted area) exceeded, no hope of bottom.