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03/24/2020 Live Update

Re: 03/24/2020 Live Update

Postby Daniel » Tue Mar 24, 2020 12:10 pm

FXY (yen) pressing multi-month lows... after being about 10% higher at the spike high a couple weeks ago!
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Re: 03/24/2020 Live Update

Postby Al_Dente » Tue Mar 24, 2020 12:14 pm

NAJARIAN
likely see a retest
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Re: 03/24/2020 Live Update

Postby Cobra » Tue Mar 24, 2020 12:16 pm


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Re: 03/24/2020 Live Update

Postby Al_Dente » Tue Mar 24, 2020 12:19 pm

"Boeing CEO does not want U.S. to take stake in company after coronavirus stimulus" :lol: :lol:
CEO: “If they force it, we just look at all the other options and we’ve got plenty of them.” :lol: :lol:
[Pasta: Yes, please look at all your other options for your $60 billion. Thank you in advance.]
https://www.reuters.com/article/us-boei ... ss+News%29
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Re: 03/24/2020 Live Update

Postby JFR » Tue Mar 24, 2020 12:30 pm

ES 5. Pushing above resistance. ETF holdings regaining lost ground.


2020-03-24_0929.png
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Re: 03/24/2020 Live Update

Postby Cobra » Tue Mar 24, 2020 12:39 pm

I'm still awake, I mean this bull shall have legs.
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Re: 03/24/2020 Live Update

Postby Al_Dente » Tue Mar 24, 2020 12:47 pm

TRAN strong, up nearly 12% today
Early indications are that airlines will get $32 billion bailout
324tran.png.png
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Re: 03/24/2020 Live Update

Postby Cobra » Tue Mar 24, 2020 1:00 pm

The very 1st touch of EMA20 in 2+ hours usually is buy although more often only good for a scalp. I don't like this, too sharp for an uptrend day.
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Re: 03/24/2020 Live Update

Postby Al_Dente » Tue Mar 24, 2020 1:01 pm

Here’s another view of what BullTart has been talking about:
top panel: options traders are not very bullish yet (divergence), faded the open
middle panel: SPX is still bullish
bottom panel: AD is massive bull atm
5min
324vix 5.png.png
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Re: 03/24/2020 Live Update

Postby Al_Dente » Tue Mar 24, 2020 1:05 pm

breaking
DAL credit just downgraded to JUNK
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Re: 03/24/2020 Live Update

Postby JFR » Tue Mar 24, 2020 1:09 pm

ES 5. Down to the pivot, beneath the EMA 20.


2020-03-24_1009.png
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Re: 03/24/2020 Live Update

Postby Al_Dente » Tue Mar 24, 2020 1:22 pm

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Re: 03/24/2020 Live Update

Postby JFR » Tue Mar 24, 2020 1:40 pm

ES 5. Pushing up against the EMA 20.


2020-03-24_1039.png
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Re: 03/24/2020 Live Update

Postby JFR » Tue Mar 24, 2020 1:52 pm

ES 5. Down beneath the pivot to the trendline.


2020-03-24_1052.png
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Re: 03/24/2020 Live Update

Postby Cobra » Tue Mar 24, 2020 2:05 pm

Not good, 100% mm possible.
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Re: 03/24/2020 Live Update

Postby JFR » Tue Mar 24, 2020 2:20 pm

SPY 5. Finding some support at the pivot.


2020-03-24_1119.png
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Re: 03/24/2020 Live Update

Postby Al_Dente » Tue Mar 24, 2020 2:20 pm

Is it premature to call the 3/23 level (purple) THE FED BOTTOM ?
Let’s test it and find out
We need something from the Senate
324PERCENT.png.png
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Re: 03/24/2020 Live Update

Postby Cobra » Tue Mar 24, 2020 2:21 pm

The rebound probably will be sold unless this is a range low. We'll need wait and see.
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Re: 03/24/2020 Live Update

Postby Al_Dente » Tue Mar 24, 2020 2:26 pm

breaking:
ITALY's death rate was on the decline
TODAY it went back up
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Re: 03/24/2020 Live Update

Postby Al_Dente » Tue Mar 24, 2020 2:32 pm

Stanford Medical Dean:
"Social distancing is the most effective method of slowing the virus"
They are testing 1,000 per day, from around the Bay area
Using CDC guidelines
Numbers are reported daily to the CDC and the San Francisco Chronicle

https://www.sfchronicle.com/
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