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02/07/2020 Live Update

Re: 02/07/2020 Live Update

Postby BullBear52x » Fri Feb 07, 2020 12:04 pm

Bulls need to see cluster inside the box, bears need to get outside asap.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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Re: 02/07/2020 Live Update

Postby JFR » Fri Feb 07, 2020 12:27 pm

ES daily. Small pullback, well above the EMA 20.


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Re: 02/07/2020 Live Update

Postby Trades with cats » Fri Feb 07, 2020 12:27 pm

Guessing we stall around ES 3340.
1. Low volume node
2. price with a zero left of the decimal means significant options strike.
3. Launch pad area for payrolls
4. Messes with my trend lines :evil:
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Re: 02/07/2020 Live Update

Postby JFR » Fri Feb 07, 2020 12:28 pm

ES 5. Up to resistance.


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Re: 02/07/2020 Live Update

Postby JFR » Fri Feb 07, 2020 12:33 pm

ES 5. Trying to break out.


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Re: 02/07/2020 Live Update

Postby JFR » Fri Feb 07, 2020 12:49 pm

ES 5. Back down to the EMA 20, the trendline and to a resistance level.


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Re: 02/07/2020 Live Update

Postby Cobra » Fri Feb 07, 2020 1:03 pm


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Re: 02/07/2020 Live Update

Postby te_fern » Fri Feb 07, 2020 1:03 pm

Maybe today's channel so far??
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Re: 02/07/2020 Live Update

Postby JFR » Fri Feb 07, 2020 1:14 pm

MarketWatch

Drip? Drop. ;)


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Last edited by JFR on Fri Feb 07, 2020 1:23 pm, edited 1 time in total.
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Re: 02/07/2020 Live Update

Postby JFR » Fri Feb 07, 2020 1:22 pm

GLD, a bumpy ride.


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Re: 02/07/2020 Live Update

Postby QED » Fri Feb 07, 2020 1:31 pm

3338.75 is the 50% retracement of the overnight high to low levels.
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Re: 02/07/2020 Live Update

Postby te_fern » Fri Feb 07, 2020 1:42 pm

Break down, but will it be a head fake like at 10 o'clock???
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Re: 02/07/2020 Live Update

Postby Trades with cats » Fri Feb 07, 2020 1:43 pm

3340 and 3350 is supposedly where the Gamma hedging is at. Clearly 3320 was important this morning.
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Re: 02/07/2020 Live Update

Postby Trades with cats » Fri Feb 07, 2020 1:46 pm

Will it drop or will it not
I don't really know
But under 3333 down it will go.
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Re: 02/07/2020 Live Update

Postby QED » Fri Feb 07, 2020 1:48 pm

Trades with cats wrote:3340 and 3350 is supposedly where the Gamma hedging is at. Clearly 3320 was important this morning.

Interesting that the overnight high was exactly 3350.
.
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Re: 02/07/2020 Live Update

Postby Trades with cats » Fri Feb 07, 2020 1:54 pm

te_fern wrote:Break down, but will it be a head fake like at 10 o'clock???

Added your trend lines to mine, thinking it is time to go to a Wyckoff grid. :D
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Re: 02/07/2020 Live Update

Postby JFR » Fri Feb 07, 2020 2:06 pm

ES 5. Riding the EMA 20, from below.


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Re: 02/07/2020 Live Update

Postby JFR » Fri Feb 07, 2020 2:16 pm

ES 5. Down to a support level.

Not much action. My day trades are quiet. Taking a break ...


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Re: 02/07/2020 Live Update

Postby Al_Dente » Fri Feb 07, 2020 2:21 pm

coolbiz 2 hours ago
Low today @ 3325.54 was a Wave(iv) correction , another new ATH above 3348 towards 3367 or lower, is expected by late today or Monday.
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Re: 02/07/2020 Live Update

Postby Al_Dente » Fri Feb 07, 2020 2:24 pm

Jason Goepfert, SentimenTrader
Half Of Nasdaq Stocks Are In Bear Markets
How long can this continue?
https://sentimentrader.com/blog/half-of ... r-markets/
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