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05/20/2019 Live Update

Re: 05/20/2019 Live Update

Postby Al_Dente » Mon May 20, 2019 3:20 pm

SPX 60 min
Potential double top at the cyan dashed line
Potential inverse H&S with neckline at the same cyan dashed line
(ignore vertical lines)
520spy 60.png.png
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Re: 05/20/2019 Live Update

Postby Trades with cats » Mon May 20, 2019 3:28 pm

Looking for the Ramp Express to run today. Those fast 5 point moves would get this sick market back to the opening print.
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Re: 05/20/2019 Live Update

Postby Trades with cats » Mon May 20, 2019 3:31 pm

Wondering if all the IPO's have taken too much cash out of the market. Looking for We Work to have a successful launch as I expect it to be the short of the year based on the Elon Musk level of hubris their management is currently displaying.(think of our billion plus loss as an additional investment, our business model is recession proof)
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Re: 05/20/2019 Live Update

Postby Trades with cats » Mon May 20, 2019 3:38 pm

Ramp express on time and running fast
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Re: 05/20/2019 Live Update

Postby Cobra » Mon May 20, 2019 3:39 pm

tested the morning low then strong rebound so 70% chances the low was in for today.
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Re: 05/20/2019 Live Update

Postby JFR » Mon May 20, 2019 3:42 pm

Gap down on DIA, IWM, QQQ and SPY. Filled on DIA and IWM. Stuck beneath the EMA20.


2019-05-20_1238.png
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Re: 05/20/2019 Live Update

Postby JFR » Mon May 20, 2019 3:45 pm

Big picture. SPY daily. Pullback. Bounce to the EMA20. Resistance.


2019-05-20_1243.png
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Re: 05/20/2019 Live Update

Postby Trades with cats » Mon May 20, 2019 3:55 pm

It all hangs on the overnight traders now. And of course existing home sales before the open.
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Re: 05/20/2019 Live Update

Postby Cobra » Mon May 20, 2019 3:57 pm


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Re: 05/20/2019 Live Update

Postby Cobra » Mon May 20, 2019 3:59 pm

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

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