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05/16/2019 Live Update

Re: 05/16/2019 Live Update

Postby Al_Dente » Thu May 16, 2019 3:01 pm

AD is still bull (NYAD roughly 1450) but deteriorating, as seen on the TICK color map (bottom panel) changing from plenty green to reds.
5min
Bulls tried again and are failing
516five tick.png.png
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Re: 05/16/2019 Live Update

Postby Al_Dente » Thu May 16, 2019 3:01 pm

HAPPY HOUR
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Re: 05/16/2019 Live Update

Postby Trades with cats » Thu May 16, 2019 3:13 pm

At that big consolidation. If it holds here then it will be up to the Asian markets to decide if we retrace the squeeze and open the Euro zone session with a gap down. Or if we challenge the 2900 area and open US sessions at or above that level with all kinds of GAP up comments.
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Re: 05/16/2019 Live Update

Postby K447 » Thu May 16, 2019 3:21 pm

K447 wrote:
Daniel wrote:AAPL red


AAPL still green on the day, above the open.

But not strong at the moment. Let's see if it gets down below 190.22


Triggered 60 minute bar down (2-2-2 down from the day high). *
Reversal risk to upside is possible.

AAPL inside day, turns red below 189.91
Week goes red below 187.71
Month is very red, outside month already, will remain an outside monthly bar until June. Then we will see


* My hourly bars go from cash market open until bottom of the next hour. 9:30 to 10:30, then 11:30, and so on.
Last edited by K447 on Thu May 16, 2019 3:41 pm, edited 1 time in total.
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Re: 05/16/2019 Live Update

Postby Cobra » Thu May 16, 2019 3:29 pm


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Re: 05/16/2019 Live Update

Postby Cobra » Thu May 16, 2019 3:39 pm

very disappointing close so far. :(
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Re: 05/16/2019 Live Update

Postby Mr. BachNut » Thu May 16, 2019 3:45 pm

Mr. BachNut wrote:NYMO is making its first appearance above the zero line in a month.
The down cycle is probably over but we have to wait for a close or two for confirmation.

Price is testing the underside of a broken trendline now.
There is a big bolus of SPY calls and puts at 290 expiring tomorrow.
But for that option magnet, I would say the index could find some resistance up here.


Well I'll be darned... looks like NYMO will close negative below zero today.
Bears still in control.
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Re: 05/16/2019 Live Update

Postby Cobra » Thu May 16, 2019 3:51 pm


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Re: 05/16/2019 Live Update

Postby 1der » Thu May 16, 2019 3:52 pm

If this AMZN PB at at 1825.57 fills, it will be something.
EB7E0E98-02C8-4A46-BE8B-3C36B8C8EDE4.png
Last edited by 1der on Thu May 16, 2019 3:54 pm, edited 1 time in total.
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Re: 05/16/2019 Live Update

Postby Cobra » Thu May 16, 2019 3:52 pm

well, guess that's it for today. here's what Friday looks like. thank you guys, i'll see you in another thread soon.

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