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08/22/2019 Live Update

Re: 08/22/2019 Live Update

Postby Daniel » Thu Aug 22, 2019 11:31 am

Bulls do NOT want to see IWM lose 150 or SPY lose 290, these have been battle lines for a while.
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Re: 08/22/2019 Live Update

Postby Al_Dente » Thu Aug 22, 2019 11:33 am

Yield Curve, 2s10s spread, just inverted again
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Re: 08/22/2019 Live Update

Postby Al_Dente » Thu Aug 22, 2019 11:58 am

Appetizers: caviar and foie gras
It’s really hard for me to imagine that Powell would disappoint
He will have to be very DOVE for the markets to breakout
Perhaps he’ll be neutral; that would disappoint
The frontrunners are just guessing, based on the 91.2% odds favoring a rate cut
“Only Price Pays”
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Re: 08/22/2019 Live Update

Postby Cobra » Thu Aug 22, 2019 12:04 pm


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Re: 08/22/2019 Live Update

Postby JFR » Thu Aug 22, 2019 12:33 pm

DIA, IWM, QQQ and SPY. Riding the EMA 20, now on the upside.


2019-08-22_0932.png
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Re: 08/22/2019 Live Update

Postby JFR » Thu Aug 22, 2019 12:38 pm

ES 5 minute. At resistance, for the time being. Hard to keep the bulls down. They are resilient. Pulling back to the pivot. The battle is not over.


2019-08-22_0935.png
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Re: 08/22/2019 Live Update

Postby JFR » Thu Aug 22, 2019 1:19 pm

Riding the EMA 20.

Back later ...


2019-08-22_1019.png
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Re: 08/22/2019 Live Update

Postby Al_Dente » Thu Aug 22, 2019 2:08 pm

CNBC's Steve Liesman at Davos said that Powell speaks tomorrow at 10:00 am ET (not a typo)
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Re: 08/22/2019 Live Update

Postby Cobra » Thu Aug 22, 2019 2:30 pm

the pullback probably will be bought.
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Re: 08/22/2019 Live Update

Postby Trades with cats » Thu Aug 22, 2019 2:35 pm

10 AM New York is 8 AM Mountain Standard.
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Postby MrMiyagi » Thu Aug 22, 2019 2:37 pm

Cobra wrote:the pullback probably will be bought.




Come on weak sauce, strengthen thyself and move back up!!!
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Re: 08/22/2019 Live Update

Postby Al_Dente » Thu Aug 22, 2019 3:02 pm

HAPPY HOUR
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Re: 08/22/2019 Live Update

Postby Al_Dente » Thu Aug 22, 2019 3:03 pm

Better watch FED’s Kaplan up next for Liesman interview at Davos, CNBC
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Re: 08/22/2019 Live Update

Postby Cobra » Thu Aug 22, 2019 3:30 pm


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Re: 08/22/2019 Live Update

Postby Cobra » Thu Aug 22, 2019 3:49 pm


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Re: 08/22/2019 Live Update

Postby Cobra » Thu Aug 22, 2019 3:50 pm

well, guess that's it for today. here's what Friday looks like: https://stockcharts.com/public/1684859/ ... /533449397

thank you guys, I'll see you in another thread soon.

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