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05/10/2019 Live Update

PostPosted: Fri May 10, 2019 9:23 am
by Cobra
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higher low or not (therefore the low was in), wait and see. Tariff was increased but so far the market is calm. range day possible today.

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 9:27 am
by Cobra

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 10:03 am
by Cobra

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 10:28 am
by Cobra

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 10:32 am
by Cobra
probably more down but as long as it's in the yesterday's range, I'd treat it as a range day.

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 10:41 am
by Cobra
testing yesterday's low, key time. normally should be break down then watch if any sharp reversal up to trap bears.

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 10:59 am
by Cobra
looks like down is more likely which if indeed, it'd be a downtrend day.

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:05 am
by Al_Dente
Is anyone on the schwab platform?
Is it down or just me?

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:08 am
by ccash04
Al_Dente wrote:Is anyone on the schwab platform?
Is it down or just me?


Mobile App is working, not sure about site or their trading platform software.

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:09 am
by ccash04
All week it has been rebound after selling hard, I think today, we might just sell all day. Of course a tweet can change all that so position sizing and nimbleness is key.

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:13 am
by te_fern
Can't stay above the diagonal line...

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:14 am
by Al_Dente
ccash04 wrote:
Al_Dente wrote:Is anyone on the schwab platform?
Is it down or just me?


Mobile App is working, not sure about site or their trading platform software.

thanks boss :D mine is back up now

ELSEWHERE
‏zh retweeted this 15min ago; i can't verify it...
@govttrader
Trump currently talking to market strategists about what tweet content would best cause ES futures to rally this afternoon.
stay tuned...

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:15 am
by te_fern
Added bottom line for the crash channel....

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:21 am
by Al_Dente
te_fern wrote:Added bottom line for the crash channel....

nice chart boss :D thanks

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:30 am
by Al_Dente
Options traders are still buying puts, but not nearly as aggressively as yesterday
I’d swear they’re ready to flip the moment they see a tweet
510vix.png.png

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:50 am
by BullBear52x
I left town two days and you guys crashing the market?

Dead cat bounce is the thinking. I need to go through charts to find blood on the street. :lol:

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:51 am
by BullBear52x
OK, my chart told me buy anything that walks above 32. BUY

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:52 am
by Al_Dente
UBER just opened
I think the IPO price was $42 (they had been talking $45)

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 11:55 am
by BullBear52x
Weekly gap filled.

Re: 05/10/2019 Live Update

PostPosted: Fri May 10, 2019 12:01 pm
by Cobra