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11/06/2019 Live Update

11/06/2019 Live Update

Postby Cobra » Wed Nov 06, 2019 10:17 am

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no idea up or down from here.
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Re: 11/06/2019 Live Update

Postby Cobra » Wed Nov 06, 2019 10:20 am


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Re: 11/06/2019 Live Update

Postby JFR » Wed Nov 06, 2019 10:27 am

ES daily. Hit the brakes. A pause in the action. Still well above the EMA 20.


2019-11-06_0626.png
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Re: 11/06/2019 Live Update

Postby BullBear52x » Wed Nov 06, 2019 10:29 am

No man's land. I am leaning bearish intraday since we are still outside of the K band.
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Re: 11/06/2019 Live Update

Postby Heck » Wed Nov 06, 2019 10:32 am

Extreme Greed 89 = DOWN she goes
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Re: 11/06/2019 Live Update

Postby JFR » Wed Nov 06, 2019 10:33 am

Up and down, but mostly down. ES, NQ, YM and RTY. One minute.


2019-11-06_0632.png
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Re: 11/06/2019 Live Update

Postby JFR » Wed Nov 06, 2019 10:36 am

ES five minute. Very sharply down at the opening.


2019-11-06_0636.png
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Re: 11/06/2019 Live Update

Postby BullBear52x » Wed Nov 06, 2019 10:37 am

I hate to chase it here, wait for good sell entry.

Looking at 54ish, well...not a bad range :D
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Re: 11/06/2019 Live Update

Postby BullBear52x » Wed Nov 06, 2019 10:43 am

Cash SPX, people want to get in but at a more discount. some where near the gap area.
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Re: 11/06/2019 Live Update

Postby BullBear52x » Wed Nov 06, 2019 10:51 am

I got an order to sell under LOD (chasing) will see how that goes.
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Re: 11/06/2019 Live Update

Postby JFR » Wed Nov 06, 2019 10:58 am

Finding some support. ES five minute.


2019-11-06_0656.png
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Re: 11/06/2019 Live Update

Postby BullBear52x » Wed Nov 06, 2019 11:03 am

Come to papa
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Re: 11/06/2019 Live Update

Postby Cobra » Wed Nov 06, 2019 11:04 am


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Re: 11/06/2019 Live Update

Postby BullBear52x » Wed Nov 06, 2019 11:12 am

Why selling outside of a K-band is win win for even a swing position. it may take few days to a week, but a relief rally pull back will come.
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Re: 11/06/2019 Live Update

Postby Mr. BachNut » Wed Nov 06, 2019 11:23 am

The NYMO cycle remains up.
After a negative close on Halloween, it has rallied a bit and fallen back negative again this morning.
To declare a cycle turn down, we want a close (preferably two) below the Halloween low.
Regardless, the new price highs are being made on a negative NYMO divergence.
From this perspective, bulls are looking a bit tired but still marching.

We are now up to 13 down price gaps.
This is a lot of area where limited or no volume has traded.
So, when a down draft comes if could cover a lot of terrain quickly.

You will see on the chart a box with the number 3121.29.
I am not an Elliott Waver, but if a third wave cannot be the shortest, then this move from the August low should not exceed that level.
We shall see.

I remain long runner positions.
I need to see the NYMO cycle or price turn before taking any action.

NYMO 110619.jpg
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Re: 11/06/2019 Live Update

Postby JFR » Wed Nov 06, 2019 11:24 am

ES and YM back where they started the day. NQ lagging.

Back later.


2019-11-06_0722.png
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Re: 11/06/2019 Live Update

Postby te_fern » Wed Nov 06, 2019 11:45 am

Need to break north of the MA lines and the middle pivot....
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Re: 11/06/2019 Live Update

Postby Cobra » Wed Nov 06, 2019 12:00 pm

Just a range day, even maybe the range low was in.
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Re: 11/06/2019 Live Update

Postby BullBear52x » Wed Nov 06, 2019 12:31 pm

Cash SPX Fib, will find out soon enough if bulls can hold on the selling pressure today, Tick tock tick tick tick
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Re: 11/06/2019 Live Update

Postby Heck » Wed Nov 06, 2019 12:35 pm

Undervalued C/P Index Options PUTS five times calls = DEEP DIVE DOWN

https://tinyurl.com/m6re253
Last edited by Heck on Wed Nov 06, 2019 1:44 pm, edited 1 time in total.
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