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09/05/2019 Live Update

09/05/2019 Live Update

Postby Cobra » Thu Sep 05, 2019 9:24 am

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double top or not, wait and see, 50% chances, maybe 49% chances.
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Re: 09/05/2019 Live Update

Postby JFR » Thu Sep 05, 2019 9:26 am

ES daily. Moving up off the EMA 20.


2019-09-05_0615.png
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Re: 09/05/2019 Live Update

Postby Cobra » Thu Sep 05, 2019 9:26 am


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Re: 09/05/2019 Live Update

Postby JFR » Thu Sep 05, 2019 9:32 am

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


2019-09-05_0631.png
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Re: 09/05/2019 Live Update

Postby JFR » Thu Sep 05, 2019 9:36 am

Some DOW stocks off to a good start.


2019-09-05_0635.png
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Re: 09/05/2019 Live Update

Postby JFR » Thu Sep 05, 2019 9:47 am

Trade talks to resume. Time to pick a new fight.

Back later.


2019-09-05_0644.png
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Re: 09/05/2019 Live Update

Postby Trades with cats » Thu Sep 05, 2019 10:24 am

ES 09-19 (15 Minute) 2019_09_05 (8_19_06 AM).png

Back into July prices, waiting for a catalyst other than words.
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Re: 09/05/2019 Live Update

Postby Mr. BachNut » Thu Sep 05, 2019 10:26 am

Our gap year continues with 4 gaps in the last 8 days.
I didn't have time to post yesterday, and this morning's gap renders this on the late side.
Oh well. :oops:

The NYMO cycle is up and has been since August 5 and is approaching the turn zone.
Nothing more to say until NYMO starts to turn.

The shake and bake market of August may be over with today's breakout.
A gap target from the first day of August was closed in the process.
Given the width of the August trading range, there could be enough energy to get to the July highs and those two remaining up gap targets.

If, per chance, this break is simply a trap/squeeze, it should fail in the next few days.
All the fresh gap down targets we have stacked up over the last few days suggest we should be open to that possibility.

This looks like this could be the third push up from the December low, which puts on the table an ascending wedge (marked with blue orange lines).
If so, move up should be limited to less than 300 handles from the August low and can fail at any time.
Completion of this wedge would break the 200 day MA triggering some meaningful liquidation.
Let's see what happens.

I am long SPX and R2K.
I have taken two scales in SPX and put a BE stop on the runner.
R2K position is still at risk.
Doing nothing unless R2K scale levels hit.

NYMO 090519.jpg
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Re: 09/05/2019 Live Update

Postby Trades with cats » Thu Sep 05, 2019 10:33 am

ES 09-19 (2000 Tick) _ ES 09-19 (2000 Tick) 2019_09_05 (8_25_16 AM).png


I used the regression function on the tick chart to figure out the trend line.

I have changed the dot color on the MACD to match the bar color on the CAM function. CAM draws open close solid bars inside the hollow candle sticks. I also had to drop the Bollenger band lines on the MACD to get rid oif a second price marker. You can still see it because I left the channel flooding between the lines on. I also dropped the zero line cross dots as I was ignoring that. I am painfully aware of how cluttered these charts can get so I am trying to use my rusty CPA skills to delete details in order to increase understanding and readability. Even though it looks like random changes :lol:
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Re: 09/05/2019 Live Update

Postby Trades with cats » Thu Sep 05, 2019 10:42 am

ES 09-19 (2000 Tick) _ ES 09-19 (2000 Tick) 2019_09_05 (8_32_23 AM).png


At this size you can see the two price bars I am overlaying. Again it is Barbara Stars CAM system that is coloring the center of the hollow bars with her four color system based on MACD and a 10 period ADX. Those are fat tails (Henry at lizard indicators) implementation of Suri Duddra's concept. I am amazed at how well (1.616 and 2.616 times the 20 period ATR using EMA added and subtracted from the 21 factor EMA center line)) they contain price.

Whoops, Henry's implementation of the Keltner bands.
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Re: 09/05/2019 Live Update

Postby Trades with cats » Thu Sep 05, 2019 10:50 am

Regular Hours VWAP at ES 2977 Looking for support to come there.
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Re: 09/05/2019 Live Update

Postby Cobra » Thu Sep 05, 2019 11:00 am

the pullback should be bought.
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Re: 09/05/2019 Live Update

Postby Cobra » Thu Sep 05, 2019 11:01 am

Forgot to post here:

members only update at 10:00 am
http://www.cobrasmarketview.com/2019/09 ... ay-update/

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Re: 09/05/2019 Live Update

Postby Trades with cats » Thu Sep 05, 2019 11:06 am

IF you were a Euro time zone trader I think you would be looking for an exit after a really great day. We will find out in an hour if US time zone traders have a bull conviction.
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Re: 09/05/2019 Live Update

Postby Cobra » Thu Sep 05, 2019 12:38 pm


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Re: 09/05/2019 Live Update

Postby brokebybernacke2 » Thu Sep 05, 2019 2:21 pm

frog = bull. enjoy.
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Re: 09/05/2019 Live Update

Postby Trades with cats » Thu Sep 05, 2019 3:26 pm

ES 09-19 (2000 Tick) _ ES 09-19 (2000 Tick) 2019_09_05 (1_19_34 PM).png


I have orderflow trade detector and I thought why not add some extra clutter to my charts. Currently set to draw a circle at 400 or above. I may keep it after this afternoon. Sure made it clear on my tick charts when the heavy action hit.
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Re: 09/05/2019 Live Update

Postby Cobra » Thu Sep 05, 2019 3:31 pm

here's what non farm payroll day tomorrow looks like:
https://stockcharts.com/public/1684859/ ... /533449394

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Re: 09/05/2019 Live Update

Postby Cobra » Thu Sep 05, 2019 3:48 pm


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Re: 09/05/2019 Live Update

Postby Cobra » Thu Sep 05, 2019 3:50 pm

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

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

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