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07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 9:20 am
by Cobra
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no idea up or down from here. maybe bias is up?

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 9:25 am
by Cobra

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 9:34 am
by 1der
So, we have a pending agreement for a deficit increasing budget that removes debt caps, we have a Fed nominee who thinks the Fed should have cut rates by .5 in June, and a government that is quickly losing checks and balances. :shock: This leads to what???

Interesting Roaring 20’s articles about interest rates at that time.
https://newworldeconomics.com/the-feder ... est-rates/

Now back to our regularly scheduled programming of up and up.

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 9:37 am
by 1der
This morning SPY PBar
297.90
There is 7/19 afternoon at 299.40

fwiw

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 9:59 am
by Cobra

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 10:05 am
by Trades with cats
from odd stats on twitter (retired finance professor)

HOORAY FOR BEAR PORN

$SPX just saw a 10%+ return within 30 trading sessions that resulted in a new all time high, only to go 5 straight days after that withOUT setting ANOTHER all time high.

The last two times that happened?

Mar 31, 2000
Oct 18, 2007

source: Yahoo

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 10:42 am
by Cobra
maybe rebound all the way to the day high? likely a range day.

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 10:48 am
by BullBear52x
Range bound with pivot at 95.

basically on Cash SPX the market trying to regain price above 5 DMA.

No buy signal on my side. sell to continue atm.

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 10:51 am
by BullBear52x
Cash SPX Fib.

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 10:54 am
by BullBear52x
/ES wedge

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 11:05 am
by BullBear52x
Gap and No Go, if losing a hold on 5 Dma bears will have it today easily.

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 11:41 am
by BullBear52x
with new LOD there will be 5 more handles, the "IF"

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 11:57 am
by Cobra

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 12:06 pm
by BullBear52x
Looks like a text book "good bye kiss' chart pattern is playing out, that is.....previous low is the captain obvious.

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 12:09 pm
by te_fern
Waiting on the Fed, could be a big break one way or the other tomorrow!

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 12:20 pm
by BullBear52x
Every day, waiting for the Fed, waiting for the tweet, waiting for the china deal, after that ......waiting for......Friday :lol:

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 12:26 pm
by BullBear52x
Sell #2, no new LOD from here I am done for da day.

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 1:26 pm
by BullBear52x
Chart for the road: same thought from yesterday, don't fall for it. Peace!

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 1:35 pm
by Al_Dente
SPX, INDU
Symmetrical Triangles … break upward 60% of the time
http://thepatternsite.com/st.html

Re: 07/23/2019 Live Update

PostPosted: Tue Jul 23, 2019 1:52 pm
by te_fern
It decided to go early.....