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10/17/2019 Live Update

Re: 10/17/2019 Live Update

Postby BullBear52x » Thu Oct 17, 2019 11:50 am

Cobra, good call on warning of 3 push up early in the day, I would go blind bullishly today again if not for that. :)
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Re: 10/17/2019 Live Update

Postby Al_Dente » Thu Oct 17, 2019 11:57 am

10 day %
Gold-dashed line is gold miners
1017ten day _.png.png
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Re: 10/17/2019 Live Update

Postby Cobra » Thu Oct 17, 2019 11:59 am


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Re: 10/17/2019 Live Update

Postby BullBear52x » Thu Oct 17, 2019 12:04 pm

last two days pivot on /ES
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Re: 10/17/2019 Live Update

Postby Cobra » Thu Oct 17, 2019 12:27 pm

mini target, before exceeds it, no chance the low was in.
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Re: 10/17/2019 Live Update

Postby BullBear52x » Thu Oct 17, 2019 12:37 pm

sell rip, until this one fails will the bottom be bought for me too.
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Re: 10/17/2019 Live Update

Postby Cobra » Thu Oct 17, 2019 12:38 pm

I see good chances the low was in, may have a higher low revisit though as illustrated by dashed blue lines.
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Re: 10/17/2019 Live Update

Postby BullBear52x » Thu Oct 17, 2019 12:38 pm

Cash SPX Fib. Bears are still in control.
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Re: 10/17/2019 Live Update

Postby BullBear52x » Thu Oct 17, 2019 1:25 pm

LOD will be revisited, 60%. not all that strong bulls.
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Re: 10/17/2019 Live Update

Postby BullBear52x » Thu Oct 17, 2019 1:38 pm

I was hoping for upper BB before I start to counter trend, but TRIN above 1 for two days now, time to be ready for correction (relief rally pullback)
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Re: 10/17/2019 Live Update

Postby Heck » Thu Oct 17, 2019 1:44 pm

Increasingly volatile market

C/P Option Sentiment Indicators

Flipping from DOWN to Up to DOWN intraday

Ready to take out

Day Low of 2,991.79 ?
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Re: 10/17/2019 Live Update

Postby BullBear52x » Thu Oct 17, 2019 2:02 pm

:mrgreen: :twisted:
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Re: 10/17/2019 Live Update

Postby JFR » Thu Oct 17, 2019 2:21 pm

Late to the party. Overnight gap up. Filled. In a range.


2019-10-17_1120.png
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Re: 10/17/2019 Live Update

Postby Trades with cats » Thu Oct 17, 2019 2:21 pm

ES 12-19 (2000 Tick) _ ES 12-19 (2000 Tick) 2019_10_17 (12_16_54 PM).png

Added back an app that draws swing highs and lows. Saying that because you can easily see that earlier the measured moves were dead on, this time on the up and down not so much.
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Re: 10/17/2019 Live Update

Postby JFR » Thu Oct 17, 2019 2:29 pm

WMS. I missed this one overnight, and in the early morning. No worries. Catch the next bus. I have no idea what or who is driving this one. It is just a chart.


2019-10-17_1125.png
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Re: 10/17/2019 Live Update

Postby BullBear52x » Thu Oct 17, 2019 2:36 pm

The invisible hand is trying to turn the TRIN positive just now. ????
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Re: 10/17/2019 Live Update

Postby Trades with cats » Thu Oct 17, 2019 2:38 pm

Around 11:30 Eastern (9:30 on my chart above) the pullback from the swing high was deeper and the bounce up failed at trend line and EMA. This time it looks like the upper channel is going to be challenged without tagging the lower channel first. Possible breakout and go for the days open.
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Re: 10/17/2019 Live Update

Postby BullBear52x » Thu Oct 17, 2019 2:40 pm

The selling may hold up until we hit upper BB? the day is getting old now, they better make up their mind in half an hour.
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Re: 10/17/2019 Live Update

Postby BullBear52x » Thu Oct 17, 2019 2:43 pm

Bears will have to wait out until 38.2% is once again regained.
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Re: 10/17/2019 Live Update

Postby Cobra » Thu Oct 17, 2019 2:51 pm

the higher low test was higher than normal but still there's a test (green arrow). now it's clear the low indeed was in.
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