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08/08/2019 Live Update

08/08/2019 Live Update

Postby Cobra » Thu Aug 08, 2019 9:22 am

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no idea up or down from here.
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Re: 08/08/2019 Live Update

Postby Cobra » Thu Aug 08, 2019 9:26 am


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Re: 08/08/2019 Live Update

Postby JFR » Thu Aug 08, 2019 9:27 am

5 minutes to the opening.

ES daily has bottomed temporarily. Moving up a bit. What is next? As Cobra suggests, who knows? But there was an overnight gap up.


2019-08-08_0625.png
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Re: 08/08/2019 Live Update

Postby BullBear52x » Thu Aug 08, 2019 9:31 am

/ES 1920 is floating on my crystal ball. buy.
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Re: 08/08/2019 Live Update

Postby JFR » Thu Aug 08, 2019 9:32 am

Overnight gap up on ES, NQ, YM and IWM.


2019-08-08_0631.png
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Re: 08/08/2019 Live Update

Postby Daniel » Thu Aug 08, 2019 9:35 am

From Sentimentrader posted yest:
This would be the 7th time since the end of the financial crisis that the Nasdaq reversed at least a 1.5% intraday loss, dipping below its lowest close of the past couple of months.

All 6 of the others rallied at least 3% over the next couple of weeks.
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Re: 08/08/2019 Live Update

Postby JFR » Thu Aug 08, 2019 9:37 am

Couple of spikes down, one before the opening at 6:17 on one minute SPY. Get hit later on the nose? We will see.


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Re: 08/08/2019 Live Update

Postby BullBear52x » Thu Aug 08, 2019 9:44 am

Cash SPX fighting over 5 DMA. new HOD from here will get us running up fast, or stall right here. I am bullish today.
Last edited by BullBear52x on Thu Aug 08, 2019 9:49 am, edited 1 time in total.
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Re: 08/08/2019 Live Update

Postby JFR » Thu Aug 08, 2019 9:47 am

All's quiet. Beware. Ha ha

Dow leaders.


2019-08-08_0645.png
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Re: 08/08/2019 Live Update

Postby JFR » Thu Aug 08, 2019 9:48 am

Dow laggards.

Back later ...

Which way to go? Hmmm

Daily trend down, but on a bounce. Contra.

15 minute trend up, but on a pullback. Contra.

5 minute. Trend up, but on a pause. Goin' nowhere on a slow train.


2019-08-08_0646.png
Last edited by JFR on Thu Aug 08, 2019 9:53 am, edited 1 time in total.
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Re: 08/08/2019 Live Update

Postby Daniel » Thu Aug 08, 2019 9:49 am

All three majors were hanging within the OR-15... and all 3 just broke it to the downside.
..update: quick reversal, SPY has just broken it to the UPside... the other two not yet, but testing..
Last edited by Daniel on Thu Aug 08, 2019 9:57 am, edited 1 time in total.
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Re: 08/08/2019 Live Update

Postby BullBear52x » Thu Aug 08, 2019 9:56 am

/ES resistance up there.
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Re: 08/08/2019 Live Update

Postby ccash04 » Thu Aug 08, 2019 10:02 am

Legging short into individual issues not touching SPY or SPX as this could go quite a bit up waiting for better entry point to short there.
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Re: 08/08/2019 Live Update

Postby Cobra » Thu Aug 08, 2019 10:06 am


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Re: 08/08/2019 Live Update

Postby Al_Dente » Thu Aug 08, 2019 10:12 am

I posted this on 8/2:
The “AKRON OMEN” is a signal I use instead of the Hindenburg
It is based on the notion that a sustainable up-trend needs triple-digit new highs, and a sustainable down-trend needs triple-digit new lows, but NOT BOTH ON THE SAME DAY.
Such readings are a sign of a confused market.
Unlike the Hindenburg, the Akron signal is rare.
Yesterday [8/1] we got an Akron Omen signal.
The last signal was January 29, 2018


This is unheard of: we’ve now had three "Akron Omen" signals:
8/1 last Thursday
8/2 last Friday
8/7 yesterday
That’s bearish


But today, everything is fine :roll:
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Re: 08/08/2019 Live Update

Postby Daniel » Thu Aug 08, 2019 10:13 am

Price struggling at or near the top of the OR-30 now.
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Re: 08/08/2019 Live Update

Postby BullBear52x » Thu Aug 08, 2019 10:17 am

Daily Trend following, buy dips.

Buy/Sell until it fails.
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Re: 08/08/2019 Live Update

Postby BullBear52x » Thu Aug 08, 2019 10:18 am

The captain obvious
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Re: 08/08/2019 Live Update

Postby Al_Dente » Thu Aug 08, 2019 10:20 am

1/VIX, Options traders, bull-spy
88vix.png.png
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Re: 08/08/2019 Live Update

Postby Al_Dente » Thu Aug 08, 2019 10:31 am

a few of the 8/5 gaps have been filled, not all
8_8gaps.png.png
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