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09/24/2019 Live Update

09/24/2019 Live Update

Postby Cobra » Tue Sep 24, 2019 9:23 am

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no idea up or down from here, maybe bias is up?
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Re: 09/24/2019 Live Update

Postby Cobra » Tue Sep 24, 2019 9:26 am


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Re: 09/24/2019 Live Update

Postby JFR » Tue Sep 24, 2019 9:28 am

ES daily. In the base. Up off the EMA 20.


2019-09-24_0626.png
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Re: 09/24/2019 Live Update

Postby JFR » Tue Sep 24, 2019 9:32 am

ES, NQ, YM and RTY. One minute. Overnight gap up.


2019-09-24_0631.png
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Re: 09/24/2019 Live Update

Postby BullBear52x » Tue Sep 24, 2019 9:36 am

3000 selling or buying pivot for captain obvious. I am on the same leaning bearish this week, don't have Hope or Optimism like the headline suggested. :D
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Re: 09/24/2019 Live Update

Postby JFR » Tue Sep 24, 2019 9:37 am

ES. One minute. Finding some support.

Got some work to do. Back later.


2019-09-24_0635.png
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Re: 09/24/2019 Live Update

Postby BullBear52x » Tue Sep 24, 2019 9:44 am

I am selling now
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Re: 09/24/2019 Live Update

Postby BullBear52x » Tue Sep 24, 2019 9:49 am

Intreaday trades right in the middle of no man's land. I will be very lucky to pull out 5 handles today.
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Re: 09/24/2019 Live Update

Postby BullBear52x » Tue Sep 24, 2019 10:00 am

With this type of selling pressure, I am with da bears. :twisted:
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Re: 09/24/2019 Live Update

Postby Cobra » Tue Sep 24, 2019 10:02 am


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Re: 09/24/2019 Live Update

Postby BullBear52x » Tue Sep 24, 2019 10:14 am

Always take the first 5 handles with the morning coffee. ALWAYS!
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Re: 09/24/2019 Live Update

Postby BullBear52x » Tue Sep 24, 2019 10:32 am

Cash SPX Fib, the magnet is more on the down side. From no man's land to bears" land.
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Re: 09/24/2019 Live Update

Postby Cobra » Tue Sep 24, 2019 10:53 am

range day at the best for bulls.
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Re: 09/24/2019 Live Update

Postby Mr. BachNut » Tue Sep 24, 2019 11:10 am

BachNut is back from holiday and getting into trading mode.

The NYMO cycle is still up, but today we are seeing our first dip below the zero line in some time.
The decline from the 9/11 high could all be a corrective move while price consolidates.
That said, I am guessing that any NYMO rally from here will make a lower high setting the table for the next down cycle.
I want to see closes below zero or a deeper dive before calling a NYMO turn.

Price was kind enough to go trendless while I was away.
I haven't missed much.
There is a little gap to yesterday's close, which may need to get tagged before heading up to the last outstanding up gap target at SPX 3025.86.
On the other hand, there are yawning (scary) gaps from the beginning of the month sitting down below.
If the bulls can't muster up the energy to get to ATHs soon, this consolidation will have trapped enough energy in an island for a sharp move.
I am still watching what looks like a big ascending wedge.

I am still long an SPX runner position. My R2K long runner closed out on a profit stop while I was away.
I have initiated a small R2K short and may build or bail as the week progresses. (breadth and price in R2K weaker than SPX)
Overall net long for now.

NYMO 092419.jpg
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Re: 09/24/2019 Live Update

Postby daytradingES » Tue Sep 24, 2019 11:13 am

missed the 3004.75 bounce
waiting on the sidelines for another to sell against
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Re: 09/24/2019 Live Update

Postby Mr. BachNut » Tue Sep 24, 2019 11:20 am

Is anyone else seeing Tick look too quiet today?

Perhaps something is wrong with my data or algos are doing something creepy.

TICK 0924.jpg
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Re: 09/24/2019 Live Update

Postby BullBear52x » Tue Sep 24, 2019 11:37 am

Can we do 86ish? yes, we can.....
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Re: 09/24/2019 Live Update

Postby BullBear52x » Tue Sep 24, 2019 11:44 am

we are doomed folks :mrgreen: :lol: :twisted:
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Re: 09/24/2019 Live Update

Postby BullBear52x » Tue Sep 24, 2019 11:47 am

I am sitting out. what a nice day and not so boring today. will be back......
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Re: 09/24/2019 Live Update

Postby BullBear52x » Tue Sep 24, 2019 12:02 pm

I am not buying here.
4th bottom? any such thing?
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