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08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 9:24 am
by Cobra
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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.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 9:28 am
by Cobra

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 9:34 am
by JFR
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

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 9:40 am
by BullBear52x
This gap down is scary, I will have to sit out for now, Fear is back.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 9:43 am
by BullBear52x
buy signal on 5 min. but I will wait out a little more.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 9:48 am
by BullBear52x
I am buying now, testing the water, if there will be a bottom it will be right here or this market will crash.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 9:51 am
by ccash04
Small pos buy but also back on the gold train so if it falls off here think gold will moon.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 9:57 am
by BullBear52x
Easy 10 handles so far. morning bulls can not lose today. :D

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:01 am
by te_fern
Got almost down to yesterday's bottom, so we could be at BB52's low. Didn't make a lower low!!

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:01 am
by BullBear52x
Cash SPX Fib.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:07 am
by BullBear52x
Same playbook, buy/sell until it fails.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:08 am
by ccash04
Sweet almost 20 handles.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:10 am
by Cobra

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:17 am
by BullBear52x
Intraday resistance. bulls need to be back above that to get back in bIZ.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:20 am
by Cobra
it's bear's last chance here.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:32 am
by BullBear52x
What's on the news? now that we all saw how the TA played out. :mrgreen: :D :geek: :ugeek:

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:40 am
by Al_Dente
Two here are below Monday's low
Others see potential double bottoms at the moment
15min
87quick.png.png

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:47 am
by Cobra
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.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:52 am
by BullBear52x
$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.

Re: 08/07/2019 Live Update

PostPosted: Wed Aug 07, 2019 10:53 am
by Cobra
this bull shall have legs.