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01/23/2020 Live Update

Re: 01/23/2020 Live Update

Postby BullBear52x » Thu Jan 23, 2020 11:58 am

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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Re: 01/23/2020 Live Update

Postby Trades with cats » Thu Jan 23, 2020 12:00 pm

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

Postby Trades with cats » Thu Jan 23, 2020 12:02 pm

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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Re: 01/23/2020 Live Update

Postby JFR » Thu Jan 23, 2020 12:03 pm

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


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

Postby Al_Dente » Thu Jan 23, 2020 12:09 pm

China A-Shares update, daily
123ashr.png.png
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Re: 01/23/2020 Live Update

Postby Trades with cats » Thu Jan 23, 2020 12:15 pm

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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Re: 01/23/2020 Live Update

Postby JFR » Thu Jan 23, 2020 12:19 pm

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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Re: 01/23/2020 Live Update

Postby JFR » Thu Jan 23, 2020 12:29 pm

GLD is up today.


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

Postby JFR » Thu Jan 23, 2020 12:40 pm

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.


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Re: 01/23/2020 Live Update

Postby JFR » Thu Jan 23, 2020 12:49 pm

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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Re: 01/23/2020 Live Update

Postby Cobra » Thu Jan 23, 2020 1:04 pm


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Re: 01/23/2020 Live Update

Postby Mr. BachNut » Thu Jan 23, 2020 1:04 pm

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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Re: 01/23/2020 Live Update

Postby Cobra » Thu Jan 23, 2020 1:05 pm

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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Re: 01/23/2020 Live Update

Postby Cobra » Thu Jan 23, 2020 1:17 pm

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

Postby JFR » Thu Jan 23, 2020 1:33 pm

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


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Re: 01/23/2020 Live Update

Postby Al_Dente » Thu Jan 23, 2020 2:03 pm

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

Postby BullBear52x » Thu Jan 23, 2020 2:19 pm

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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Re: 01/23/2020 Live Update

Postby Al_Dente » Thu Jan 23, 2020 2:32 pm

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
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Re: 01/23/2020 Live Update

Postby BullBear52x » Thu Jan 23, 2020 2:35 pm

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

Postby Al_Dente » Thu Jan 23, 2020 2:39 pm

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
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