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05/20/2019 Live Update

PostPosted: Mon May 20, 2019 9:06 am
by Cobra
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the pullback shall have legs?

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 9:09 am
by Cobra

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 9:37 am
by Trades with cats
Overnight was a news driven event. Open question how the market responds as Huawei is not, to my knowledge part of any major US indexes.

Futures Trader 71 suggested sitting on hands until the market shows it's intentions.

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 9:41 am
by Trades with cats
ES 06-19 (15 Minute) 2019_05_20 (7_37_12 AM).png

If you look at Wednesday's volume profile (because that's where we are in price) there is nothing solid to anchor price so I am looking for volatility in theory. We will see what actually happens. :)

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 9:51 am
by BullBear52x
down target 26ish

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 9:55 am
by brokebybernacke2
BullBear52x wrote:down target 26ish


yes, then bounce then 00

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:00 am
by QED
Trades with cats wrote:Huawei is not, to my knowledge part of any major US indexes.

No, but companies that they buy from are.

.

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:00 am
by Cobra

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:01 am
by Cobra
it's morning hourly hollow red.

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:05 am
by BullBear52x
wishful thinking.

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:20 am
by Trades with cats
ES 06-19 (2000 Tick) 2019_05_20 (8_16_47 AM).png

Looking like consolidation. Normally should eventually continue on up but not making any assumptions today. One thing is certain, when I draw some decent trend lines the market changes. :lol:

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:23 am
by BullBear52x
Not roll over not over shoot for good setup either.

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:24 am
by Al_Dente
These are all shorts
LEVERAGED SHORTS
15 day %
520shorts.png.png

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:30 am
by BullBear52x
I am selling now. if bulls pull out today it will be a Hmmmm.....

No way. :twisted:

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:36 am
by K447
BullBear52x wrote:I am selling now. if bulls pull out today it will be a Hmmmm.....

No way. :twisted:


If Bulls do what?

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:37 am
by BullBear52x
K447 wrote:
BullBear52x wrote:I am selling now. if bulls pull out today it will be a Hmmmm.....

No way. :twisted:


If Bulls do what?

pass this 5DMA, Noway.

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:40 am
by Cobra
break the ema20 slightly, it's the bear's last chance here otherwise we can forget about them today, again.

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:43 am
by BullBear52x
Look at this rising wedge. Oy....

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:51 am
by BullBear52x
I saw over sold Friday, but today's gap down tells me bulls are out of a bullet.

Re: 05/20/2019 Live Update

PostPosted: Mon May 20, 2019 10:54 am
by BullBear52x
Now for bears, a trade below 41 is a must, then next target is 26ish.

far far away land atm.