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02/07/2020 Live Update

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Cobra
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02/07/2020 Live Update

Post by Cobra »

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The pullback probably will be bought.
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Cobra
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Re: 02/07/2020 Live Update

Post by Cobra »


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BullBear52x
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Re: 02/07/2020 Live Update

Post by BullBear52x »

/ES channel, key line
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Re: 02/07/2020 Live Update

Post by BullBear52x »

sell
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Heck
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Re: 02/07/2020 Live Update

Post by Heck »

[quote][/quote]

SP.1 Mar Futures BUYING Above 3,327.50

SPX BUYING Above 3,326.14 edit 3,322.12
Last edited by Heck on Fri Feb 07, 2020 4:30 pm, edited 1 time in total.
te_fern
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Re: 02/07/2020 Live Update

Post by te_fern »

Obviously broke this trend line. Does the market want to close the gap down at 3305?
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Cobra
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Re: 02/07/2020 Live Update

Post by Cobra »


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Trades with cats
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Re: 02/07/2020 Live Update

Post by Trades with cats »

Twitter saying the largest Apple factory is in a city that is now under lock down.
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BullBear52x
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Re: 02/07/2020 Live Update

Post by BullBear52x »

down target 3305-3312ish
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te_fern
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Re: 02/07/2020 Live Update

Post by te_fern »

PL current counts shows a break of 3325 would lead to a 'C' down to 3180ish.
This is not investment or trade advice.
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BullBear52x
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Re: 02/07/2020 Live Update

Post by BullBear52x »

Daily setup, sell the rip triggered.
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Re: 02/07/2020 Live Update

Post by BullBear52x »

Since there is new ATH yesterday, I want to see Hourly buy dip fail first (few more days yet) to say top is in. for now it is just wishful thinking the top is in for the bears. :?:
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te_fern
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Re: 02/07/2020 Live Update

Post by te_fern »

Can't bring up my charts in order to post them.
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Re: 02/07/2020 Live Update

Post by Trades with cats »

Well there is now full panic at the White House
KUDLOW SAYS SEES "ABSOLUTE MINIMAL" IMPACT ON U.S. ECONOMY FROM CORONAVIRUS
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Re: 02/07/2020 Live Update

Post by Trades with cats »

te_fern wrote:PL current counts shows a break of 3325 would lead to a 'C' down to 3180ish.
Kinda thinking like BullBear, Monday more likely. CCP can lie all they want about virus, if the factories do not open you can not lie about that. At this point the Wall Street wiz kids seem to be thinking virus problems equal more money printing so all is good. Saying once again that after a decade of positive reinforcement by the Fed the younger crowd thinks they are doing the right thing by ridiculing anyone who is concerned. Money printing is no good when your city runs out of toilet paper and the factories around the world are shutting down. As I said before this is like the Japanese earth quake where they found out about supply lines. And they all run through China now.

Counter trend drop can become a primary trend. With a change in social trend. Clear US authorities are in full panic mode. Will see how fast the mental panic spreads.
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BullBear52x
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Re: 02/07/2020 Live Update

Post by BullBear52x »

Next sell setup will need to take this to new LOD if not then looks like bears will not sell off today, I will wait out another hour or so.
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Cobra
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Re: 02/07/2020 Live Update

Post by Cobra »

It's bear's last chance here to make a range day (not typo), otherwise it'd be double bottom, the gap might be filled today.
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Trades with cats
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Re: 02/07/2020 Live Update

Post by Trades with cats »

ES 03-20 (2000 Tick) 2020_02_07 (8_36_26 AM).png
Trend lines speak for themselves. We have popped up to the bottom of the value area on a two day volume profile. Yesterday we really did not turn around and head up until around 11 or so which has been really common. Find out soon enough if this is ordinary or as they are saying on twitter will this be the second time we have an up Friday in 2020.
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Al_Dente
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Re: 02/07/2020 Live Update

Post by Al_Dente »

Internals viewed from the short side
SHORTS
27int short.png.png
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Al_Dente
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Re: 02/07/2020 Live Update

Post by Al_Dente »

I'm a bit suspicious here because junk should be lower for bears ... and it's holding ... so far...
15min
27quick.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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