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05/20/2019 Live Update

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Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/20/2019 Live Update

Post by Al_Dente »

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
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Joined: Sat Oct 11, 2014 4:40 pm

Re: 05/20/2019 Live Update

Post by Trades with cats »

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

Post by Trades with cats »

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

Post by Trades with cats »

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

Post by Cobra »

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

Post by JFR »

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

2019-05-20_1238.png
Charts posted are not recommendations. They are just a sharing of information.
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JFR
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Re: 05/20/2019 Live Update

Post by JFR »

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

2019-05-20_1243.png
Charts posted are not recommendations. They are just a sharing of information.
Trades with cats
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Re: 05/20/2019 Live Update

Post by Trades with cats »

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

Post by Cobra »


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Cobra
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Re: 05/20/2019 Live Update

Post by Cobra »

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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