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06/10/2019 Live Update

06/10/2019 Live Update

Postby Cobra » Mon Jun 10, 2019 9:24 am

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this bull shall have legs.
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Re: 06/10/2019 Live Update

Postby JFR » Mon Jun 10, 2019 9:34 am

Overnight/weekend gap up on ES, NQ, YM and M2K.


2019-06-10_0633.png
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Re: 06/10/2019 Live Update

Postby Trades with cats » Mon Jun 10, 2019 9:37 am

ES 06-19 (2000 Tick) 2019_06_10 (7_29_39 AM).png

Blue boxes are liquidity pools, not very big today. Orchid is FT71 primary and aquamarine is his 2nd choice scenario. He is looking for a quiet day which he says choppy and quiet is typical following None Farm Parolls Fridays.
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Re: 06/10/2019 Live Update

Postby JFR » Mon Jun 10, 2019 9:39 am

DOW stocks off to a good start.


2019-06-10_0638.png
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Re: 06/10/2019 Live Update

Postby Trades with cats » Mon Jun 10, 2019 9:46 am

ES 06-19 (2000 Tick) 2019_06_10 (7_42_13 AM).png


Cleaned up my trend lines by drawing along the bottom and dragging it up. Clear channel to 2900 . No idea if there have been enough trade deal tweets to get beyond that level. :lol: ;)
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Re: 06/10/2019 Live Update

Postby Trades with cats » Mon Jun 10, 2019 9:50 am

I draw a decent looking channel and the second I post it it gets violated. Seems like every single time. :(

Channels are a big deal to me on trend days as combo of trend line and EMA usually does a good job of showing decent entries (up or down).
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Re: 06/10/2019 Live Update

Postby JFR » Mon Jun 10, 2019 10:01 am

Basing so far, except IWM, which is running hot.


2019-06-10_0700.png
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Re: 06/10/2019 Live Update

Postby JFR » Mon Jun 10, 2019 10:03 am

GS running hot. Hit my target.


2019-06-10_0704.png
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Re: 06/10/2019 Live Update

Postby JFR » Mon Jun 10, 2019 10:11 am

Trying to break out. Back later ...


2019-06-10_0710.png
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Re: 06/10/2019 Live Update

Postby Trades with cats » Mon Jun 10, 2019 10:12 am

Captain Obvious reporting strong resistance at the overnight high. Big bulge in the order book.
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Re: 06/10/2019 Live Update

Postby Cobra » Mon Jun 10, 2019 11:01 am


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Re: 06/10/2019 Live Update

Postby Cobra » Mon Jun 10, 2019 11:02 am

possible uptrend day. will be confirmed further if no sharp pullback in the next couple of bars.
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Re: 06/10/2019 Live Update

Postby Al_Dente » Mon Jun 10, 2019 11:31 am

Yield at long-term support, and treasuries at long-term resistance.
While Friday's COT showed a huge increase in Yield shorts: “Currently net short 467.7k, up 91.5k”, which may soon be fuel for a short squeeze in Yield [per hedgopia, Friday]
WEEKLY
610yield.png.png
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Re: 06/10/2019 Live Update

Postby Cobra » Mon Jun 10, 2019 11:59 am


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Re: 06/10/2019 Live Update

Postby Al_Dente » Mon Jun 10, 2019 11:59 am

I’m still complaining about the 1/VIX
See the robust bull-angle of SPY, almost wedging (top panel)
Compare to 1/VIX, barely bull-spy, sluggish (second panel), diverging
60min
610inv vix.png.png
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Re: 06/10/2019 Live Update

Postby Trades with cats » Mon Jun 10, 2019 12:32 pm

ES 06-19 (2000 Tick) 2019_06_10 (10_26_47 AM).png

Ugly break of the better trend line. Waiting for some sort of re-test of the high. Expect part of this morning was euro zone traders "getting out of Dodge" because of the current chaos in Great Britain added to the increasingly similar chaos in Germany, Italy and France. I think the list goes on :o
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Re: 06/10/2019 Live Update

Postby Cobra » Mon Jun 10, 2019 12:35 pm

pullback is too sharp for an uptrend day, not good. for now it may still likely be bought, but it could be just a lower high.
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Re: 06/10/2019 Live Update

Postby Trades with cats » Mon Jun 10, 2019 12:37 pm

ES 06-19 (2000 Tick) 2019_06_10 (10_33_29 AM).png

I have four reasonable places for a bounce , Overnight high (nope) VWAP (maybe) regular open and the opening range low (not there yet). Something ought to work. :D
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Re: 06/10/2019 Live Update

Postby Trades with cats » Mon Jun 10, 2019 12:38 pm

order book has buyers making a stand at 2895, for now.
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Re: 06/10/2019 Live Update

Postby Trades with cats » Mon Jun 10, 2019 12:46 pm

Still there at 2895 waiting to get their price.
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