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07/22/2019 Live Update

07/22/2019 Live Update

Postby Cobra » Mon Jul 22, 2019 9:22 am

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double bottom or not, wait and see. I say, 49% chances.
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Re: 07/22/2019 Live Update

Postby Cobra » Mon Jul 22, 2019 9:26 am


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Re: 07/22/2019 Live Update

Postby te_fern » Mon Jul 22, 2019 9:41 am

Quiet start, see how long this channel lasts....
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Re: 07/22/2019 Live Update

Postby te_fern » Mon Jul 22, 2019 9:44 am

Semi's went straight up right from the start....
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Re: 07/22/2019 Live Update

Postby te_fern » Mon Jul 22, 2019 9:55 am

Pretty quick broke out to the up side...
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Re: 07/22/2019 Live Update

Postby Cobra » Mon Jul 22, 2019 10:01 am


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Re: 07/22/2019 Live Update

Postby te_fern » Mon Jul 22, 2019 10:27 am

In a pretty narrow range this morning...
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Re: 07/22/2019 Live Update

Postby Cobra » Mon Jul 22, 2019 10:43 am

if strong up from here then it could be an uptrend day but since it'd be mostly in last Friday's range so to me it's a range day anyway. Sharp down from here then it could be a downtrend day, but I'd void short anyway.
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Re: 07/22/2019 Live Update

Postby te_fern » Mon Jul 22, 2019 11:08 am

Starting to think the market is waiting on the FED!
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Re: 07/22/2019 Live Update

Postby Al_Dente » Mon Jul 22, 2019 11:09 am

Small caps lag, BUT
"Non-commercials’ bearish position in Russell 2000 mini-index futures is near an 11-year high. At some point in the future, these holdings can provide a tailwind to the cash, as these short positions get covered [...Until then, the bias remains down....]. Monitoring of key support levels on the Russell 2000, therefore, is important."
https://hedgopia.com/apathy-toward-smal ... ide-clues/
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Re: 07/22/2019 Live Update

Postby Cobra » Mon Jul 22, 2019 11:33 am

breakout on the downside is more likely.
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Re: 07/22/2019 Live Update

Postby Cobra » Mon Jul 22, 2019 11:59 am


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Re: 07/22/2019 Live Update

Postby BullBear52x » Mon Jul 22, 2019 12:40 pm

Cash SPX Fib, Range bound but is now leaning bullish.
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Re: 07/22/2019 Live Update

Postby BullBear52x » Mon Jul 22, 2019 12:44 pm

Over all short term internals and short term trend are bearish bias, I am bearish bias, sell side that is.....

see Hourly selling is still in good standing, new LL from last week low will take this market down fast.
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Re: 07/22/2019 Live Update

Postby Trades with cats » Mon Jul 22, 2019 12:47 pm

ES 09-19 (2000 Tick) 2019_07_22 (10_41_12 AM).png

Yogi Berra said When you get to a fork in the road take it.
Playing with Andrews Pitchfork which every charting package has but nobody uses. The extra red lines are the do it yourself add on for when it breaks outside of the tines.

Yes I am just compensating for being not so hot at trend lines. :lol:
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Re: 07/22/2019 Live Update

Postby BullBear52x » Mon Jul 22, 2019 12:54 pm

Be fearful when everyone is greedy :twisted:
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Re: 07/22/2019 Live Update

Postby BullBear52x » Mon Jul 22, 2019 1:03 pm

looking @ market profile today, we have both poor high and poor low ATM, sell HOD or Buy LOD is the way to go for intraday trade. for swing overnight holding I am leaning bearish.
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Re: 07/22/2019 Live Update

Postby Cobra » Mon Jul 22, 2019 1:05 pm

resistance
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Re: 07/22/2019 Live Update

Postby Al_Dente » Mon Jul 22, 2019 1:10 pm

last 20 days
percentage profile of miners and semis compared to SPY (purple) :shock:
722twenty.png.png
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Re: 07/22/2019 Live Update

Postby JFR » Mon Jul 22, 2019 1:22 pm

ES daily has pulled back to the EMA 20. Forming a base.


2019-07-22_1019.png
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