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08/07/2019 Live Update

08/07/2019 Live Update

Postby Cobra » Wed Aug 07, 2019 9:24 am

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No idea up or down from here. The chart may missing a revisit of the Aug 6 low but I don't know whether the rebound was over or not, i.e. it's possible another rebound to near the rebound high then finally the 2nd leg down to test the Aug 6 low, or simply the revisit of the Aug 6 has started. We'll have to wait and see.
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Re: 08/07/2019 Live Update

Postby Cobra » Wed Aug 07, 2019 9:28 am


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Re: 08/07/2019 Live Update

Postby JFR » Wed Aug 07, 2019 9:34 am

Overnight gap down on ES, NQ, YM and IWM. And running. Scalping before the open. Missed the run just after. Too busy on here. Ha ha Back later ...


2019-08-07_0632.png
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Re: 08/07/2019 Live Update

Postby BullBear52x » Wed Aug 07, 2019 9:40 am

This gap down is scary, I will have to sit out for now, Fear is back.
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Re: 08/07/2019 Live Update

Postby BullBear52x » Wed Aug 07, 2019 9:43 am

buy signal on 5 min. but I will wait out a little more.
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Re: 08/07/2019 Live Update

Postby BullBear52x » Wed Aug 07, 2019 9:48 am

I am buying now, testing the water, if there will be a bottom it will be right here or this market will crash.
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Re: 08/07/2019 Live Update

Postby ccash04 » Wed Aug 07, 2019 9:51 am

Small pos buy but also back on the gold train so if it falls off here think gold will moon.
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Re: 08/07/2019 Live Update

Postby BullBear52x » Wed Aug 07, 2019 9:57 am

Easy 10 handles so far. morning bulls can not lose today. :D
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Re: 08/07/2019 Live Update

Postby te_fern » Wed Aug 07, 2019 10:01 am

Got almost down to yesterday's bottom, so we could be at BB52's low. Didn't make a lower low!!
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Re: 08/07/2019 Live Update

Postby BullBear52x » Wed Aug 07, 2019 10:01 am

Cash SPX Fib.
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Re: 08/07/2019 Live Update

Postby BullBear52x » Wed Aug 07, 2019 10:07 am

Same playbook, buy/sell until it fails.
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Re: 08/07/2019 Live Update

Postby ccash04 » Wed Aug 07, 2019 10:08 am

Sweet almost 20 handles.
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Re: 08/07/2019 Live Update

Postby Cobra » Wed Aug 07, 2019 10:10 am


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Re: 08/07/2019 Live Update

Postby BullBear52x » Wed Aug 07, 2019 10:17 am

Intraday resistance. bulls need to be back above that to get back in bIZ.
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Re: 08/07/2019 Live Update

Postby Cobra » Wed Aug 07, 2019 10:20 am

it's bear's last chance here.
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Re: 08/07/2019 Live Update

Postby BullBear52x » Wed Aug 07, 2019 10:32 am

What's on the news? now that we all saw how the TA played out. :mrgreen: :D :geek: :ugeek:
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Re: 08/07/2019 Live Update

Postby Al_Dente » Wed Aug 07, 2019 10:40 am

Two here are below Monday's low
Others see potential double bottoms at the moment
15min
87quick.png.png
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Re: 08/07/2019 Live Update

Postby Cobra » Wed Aug 07, 2019 10:47 am

bears are fighting, better than I thought but still in danger, need work harder, much harder. cannot believe bears still cannot be trusted in the current situation.
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Re: 08/07/2019 Live Update

Postby BullBear52x » Wed Aug 07, 2019 10:52 am

$TRIN is key, if we can closed with $TRIN < 1, bulls might have few more days to run, until the hourly into a sell, by then the daily will trigger and counter trend bulls at this stage will see if this is true bottom or not, so far so good.
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Re: 08/07/2019 Live Update

Postby Cobra » Wed Aug 07, 2019 10:53 am

this bull shall have legs.
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