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05/29/2019 Live Update

Re: 05/29/2019 Live Update

Postby JFR » Wed May 29, 2019 2:50 pm

Al_Dente wrote:
Mr. BachNut wrote:Wrote a post. Got an error when I tried to attach chart. Lost it. Same crap as a few weeks ago. Sorry. Bye.

don't give up on us boss :?
I luv your charts
I read every word of your posts


It is maddening, of course, to lose one's work when trying to post. It has not happened to me on this site, but on a non-stock-market site, I have lost long, detailed posts.

All I can say is for long posts try to remember to save (even as a Word document) before hitting submit. As Al Dente says, don't give up on us, Boss.
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Re: 05/29/2019 Live Update

Postby JFR » Wed May 29, 2019 2:52 pm

Gap down. Resistance at the EMA20.


2019-05-29_1151.png
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Re: 05/29/2019 Live Update

Postby JFR » Wed May 29, 2019 3:00 pm

Big picture. Not pretty. Gap down. Poking its nose beneath an important line of support.


2019-05-29_1159.png
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Re: 05/29/2019 Live Update

Postby Al_Dente » Wed May 29, 2019 3:02 pm

HAPPY HOUR
u ugly.png.png
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Re: 05/29/2019 Live Update

Postby Trades with cats » Wed May 29, 2019 3:02 pm

I am thinking Friday, Month end we will close above the 200 day as all the monthly performance reports will go out over the weekend. 12 billion or more of pension money plus we have been told that they do increase buybacks when the stock is down plus all the fuel in the tank from the new shorts.

Also Charlie with the golden ticket has written in the past that at a certain point in down or up moves risk people make the NY Broker Dealers go into the market to offset new options business. So they should want to start the squeeze before we hit that point.

I think I hear the sound of the IPO window slamming shut. :lol:
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Re: 05/29/2019 Live Update

Postby Al_Dente » Wed May 29, 2019 3:07 pm

Check SPY volume at the close
A big-ass down day deserves big-ass selling volume
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Re: 05/29/2019 Live Update

Postby Trades with cats » Wed May 29, 2019 3:09 pm

Waiting for Larry Fink to go on CNBC and defend his surprise up move thesis.
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Re: 05/29/2019 Live Update

Postby Cobra » Wed May 29, 2019 3:32 pm


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Re: 05/29/2019 Live Update

Postby Cobra » Wed May 29, 2019 3:39 pm

not sure whether this means the low was in or not. further strong up would confirm the low was in but it'd be too late so again, your call.
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Re: 05/29/2019 Live Update

Postby Trades with cats » Wed May 29, 2019 3:42 pm

WoW, Ramp Express Amtrack replaced by a Shinkansen today!
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Re: 05/29/2019 Live Update

Postby Cobra » Wed May 29, 2019 3:51 pm


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Re: 05/29/2019 Live Update

Postby Cobra » Wed May 29, 2019 3:53 pm

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

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