11/15/2019 Live Update

[Al_Dente]

ES five minute. Some up. Some down. Some up.
Yes, I am watching the hearings. For myself, it is compelling testimony.

2019-11-15_0747.png

link?

[Al_Dente]

“US Industrial Production Plunges Most Since March 2009”
XLI (brown) at ATH
Oy

[BullBear52x]

got stopped out my run lot, sitting out, wait for new sell setup.

[BullBear52x]

My new round of sell. I just can not buy this overbought market. do you?

[BullBear52x]

same playbook, scalp first 5 handles. (3-5)

[alphahorn]

Nice buy signal this morning, reaching tough resistance. should see a bit of a pause/pullback then another push up to 3116ish, my best guess

[JFR]

ES five minute. Some up. Some down. Some up.
Yes, I am watching the hearings. For myself, it is compelling testimony.

2019-11-15_0747.png

link?

cnn.com Live coverage.

[Trades with cats]

Looks like a top so far.

Trying out a new color scheme. Remembered to turn on the automatic support and resistance levels.
Trying out an indicator from the currency and crypto world called wave trend. Pretty close to an MACD with an oversold overbought level. Default is the conservative setting so I am trying that.

[alphahorn]

i think this looks more like a fourth wave, i could be wrong. looking for 3112 support then one more push up

[alphahorn]

I've taken half off, looking to take the other 2 contracts off ~3115-3116. then done for the day

[alphahorn]

third off, one to go 3116, let's see if it makes it there

[Trades with cats]

Back to normal with bad news being good for the market. NY Fed GDPNOWCAST model dropped 4th quarter to 0.39% as the icing on the bad economic numbers today. Guessing rate cut odds have turned around.

[Al_Dente]

$NYADV:$NYDEC = 1.59 to 1 (was 3.2 at open)
$NYUPV:$NYDNV = 2.4 to 1 (was 3.0 at open)

2.9
2.3

[Trades with cats]

What a combo, London/Frankfurt Friday going home time and an ES level with a 5. Are we going to get a 3rd leg? I am a skeptic at this point.

[alphahorn]

I'm out, done for the day. Cash market running up against R2. have a good weekend

[Trades with cats]

I'm out, done for the day. Cash market running up against R2. have a good weekend

Thanks for the chart it clarifies your comments.

[BullBear52x]

Same story, Papa says no Buy.

[JFR]

ES five minute. Moving on up. Hold ES over the weekend? Methinks not. Ha ha.

[alphahorn]

I'm out, done for the day. Cash market running up against R2. have a good weekend

Thanks for the chart it clarifies your comments.

Thanks for your chart, how do you get market order volume through Ninja? that 3015 was helpful why I put a stop there. Thanks!

[Trades with cats]

heavy action for sure and it looks like it is ready for a breakdown. Need to see more bars.