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01/23/2020 Live Update

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BullBear52x
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Re: 01/23/2020 Live Update

Post by BullBear52x »

There is buy 2x bottom in the card. be nimble today. I am not buying today. sell only for me. will see.
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Trades with cats
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Re: 01/23/2020 Live Update

Post by Trades with cats »

Breaking down out of Bull Bears up channel BUT bottom of channel is resting on regular hours VWAP SO GUESS WE NEED TO SEE MORE BARS. :o
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Re: 01/23/2020 Live Update

Post by Trades with cats »

OK my channel not identical. BUT VWAP did not hold so it is busted also.
ES 03-20 (2000 Tick) 2020_01_23 (8_59_01 AM).png
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JFR
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Re: 01/23/2020 Live Update

Post by JFR »

ES 5. Riding the EMA 20, and back down to the pivot. Mixed action today.

2020-01-23_0802.png
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Al_Dente
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Re: 01/23/2020 Live Update

Post by Al_Dente »

China A-Shares update, daily
123ashr.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 01/23/2020 Live Update

Post by Trades with cats »

Spike down sorta paused around ES 3307, a pre-open target from FT71 and now closing in on 03 which was his I doubt it but maybe bear target for today.
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JFR
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Re: 01/23/2020 Live Update

Post by JFR »

ES 5. Testing down beneath the pivot. Don't know if the bears are serious. But maybe the institutions with a bias to buy are running out of steam.

2020-01-23_0820.png
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JFR
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Re: 01/23/2020 Live Update

Post by JFR »

GLD is up today.

GLD.png
2020-01-23_0827.png
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JFR
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Re: 01/23/2020 Live Update

Post by JFR »

It is easy to get spooked these days. I have bought stuff from Banggood with no complaints previously. I have an order with them now, but it is out of stock, and I am waiting. One wonders: Hmmm, can a virus survive the trip? Nah. Of course not. Are you sure? Nah. But eventually maybe some of these viruses can survive a long time on different materials. Anyway, I did not cancel the order. Yet. ;) Paranoia? Yeah. Probably. But we live in strange times. I think our knowledge of viruses is rather limited.

2020-01-23_0834.png
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JFR
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Re: 01/23/2020 Live Update

Post by JFR »

ES 5. Getting bounced between the EMA 20 and the pivot. Between a rock and a hard place. Back later ...

2020-01-23_0848.png
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Cobra
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Re: 01/23/2020 Live Update

Post by Cobra »


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Mr. BachNut
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Re: 01/23/2020 Live Update

Post by Mr. BachNut »

Just a reminder on open gaps in ES futures contract.
One or two of those ought to get closed at some point.

First order of business though is to get a close below the 10 day exponential.
ES Gaps.jpg
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Cobra
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Re: 01/23/2020 Live Update

Post by Cobra »

50% chances of double bottom here but if bulls can break the ema20 here then chances are good that the low was in, key time.
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Cobra
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Re: 01/23/2020 Live Update

Post by Cobra »

So the low was in, at least now it's clear it's just a range day, no bear yet.
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JFR
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Re: 01/23/2020 Live Update

Post by JFR »

ES 5. Pushing hard against a resistance level. Back later ...

2020-01-23_0932.png
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Al_Dente
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Re: 01/23/2020 Live Update

Post by Al_Dente »

the heaviest of the heavyweights
%
15min
123heavy.png.png
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BullBear52x
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Re: 01/23/2020 Live Update

Post by BullBear52x »

Cash SPX Fib, Bulls has hope for gap fill area but this could be a bear flag if we trade back down under 38.2% again. boring sideways.
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Al_Dente
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Re: 01/23/2020 Live Update

Post by Al_Dente »

HEDGING, CONTINUED:
So.... SPXS (3x short SPX) is roughly $12 per share
pretty cheap protection
SDS (2x short SPX) is roughly $23 per share
plus, both have nice volume especially on down days
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 01/23/2020 Live Update

Post by BullBear52x »

Major resistance right at gap area. lots of Papa waiting zone. :D
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Al_Dente
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Re: 01/23/2020 Live Update

Post by Al_Dente »

Aggressive sectors, last 10 days, %
At this point, technically this is a dead-cat-bounce up to a declining MA
But nobody trusts the bears, believing that the dip will be/is being bought
123TEN DAYS.PNG.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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