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03/26/2020 Live Update

Re: 03/26/2020 Live Update

Postby JFR » Thu Mar 26, 2020 12:25 pm

SPY 5. Down to the EMA 20.


2020-03-26_0924.png
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Re: 03/26/2020 Live Update

Postby JFR » Thu Mar 26, 2020 12:33 pm

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Re: 03/26/2020 Live Update

Postby BullBear52x » Thu Mar 26, 2020 12:43 pm

Wishful thinking, the blue team already gain more than 4% sooo....a breakout is not likely but ......7% is not a bad idea :mrgreen:
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Re: 03/26/2020 Live Update

Postby JFR » Thu Mar 26, 2020 12:48 pm

ES 5. Getting squeezed between resistance and the EMA 20.


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Re: 03/26/2020 Live Update

Postby Cobra » Thu Mar 26, 2020 12:52 pm

Breakout on the upside is more likely if bulls can touch the blue line above again.
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Re: 03/26/2020 Live Update

Postby QED » Thu Mar 26, 2020 1:01 pm

There may be "sell the news" action tomorrow if traders do not want to be long over the weekend.
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Re: 03/26/2020 Live Update

Postby BullBear52x » Thu Mar 26, 2020 1:01 pm

BB is getting tight, if it hit the upper wedge, I will call it a day.
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Re: 03/26/2020 Live Update

Postby K447 » Thu Mar 26, 2020 1:06 pm

QED wrote:There may be "sell the news" action tomorrow if traders do not want to be long over the weekend.

Long versus 'hold less short' ... :|

VIX still high, must be a lot of expensive protection being bought (and puts sold)
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Re: 03/26/2020 Live Update

Postby QED » Thu Mar 26, 2020 1:11 pm

.
Sven Henrich@NorthmanTrader
"When will the US government launch an ETF of its coming holdings?"

:lol:
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Re: 03/26/2020 Live Update

Postby BullTart » Thu Mar 26, 2020 1:14 pm

There may be "sell the news" action tomorrow if traders do not want to be long over the weekend.


Instinctively, I think so too... but I've read that "sell the news" happens in bull markets... whereas the opposite, "sell the rumor, buy the news" occurs in bear markets... which we saw today when the bad unemployment numbers came out?
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Re: 03/26/2020 Live Update

Postby BullBear52x » Thu Mar 26, 2020 1:16 pm

last intraday buy the dip, "F" flag entry also, will see if bulls serious today?
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Re: 03/26/2020 Live Update

Postby BullBear52x » Thu Mar 26, 2020 1:18 pm

here you will see F flag clearer.
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Re: 03/26/2020 Live Update

Postby BullBear52x » Thu Mar 26, 2020 1:28 pm

Buy failed, Have a nice day, Peace!
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Re: 03/26/2020 Live Update

Postby BullTart » Thu Mar 26, 2020 1:36 pm

Word is that there are large institutional and sovereign wealth funds rebalancing $850BN into equities before month end... looking at the market moves this week, these big entities come in right at market open and accumulate... buy programs for rebalancing might be ending soon... also would explain the explosive rise today on market open right as record unemployment data was released as well as the relatively high vix and protection being bought even as stocks rise... ...as this is may just be buying driven mostly driven by rebalancing.... very interesting chart... this is from zhedge/jpmorgan
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Re: 03/26/2020 Live Update

Postby JFR » Thu Mar 26, 2020 1:36 pm

ES one minute. Was there a halt on ES? Or is it just my data feed? I think it is miscommunication from my feed to Ninja.
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Re: 03/26/2020 Live Update

Postby JFR » Thu Mar 26, 2020 1:43 pm

SPY 5. Down beneath the pivot and back up to the EMA 20.


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Re: 03/26/2020 Live Update

Postby JFR » Thu Mar 26, 2020 1:58 pm

Is this a "lighter" note? Ha ha. OK. Good. Social distancing on logos.


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Re: 03/26/2020 Live Update

Postby Cobra » Thu Mar 26, 2020 2:37 pm

Double bottom breakout. If bulls are able to touch the blue line then breakout would be more likely and for real.
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Re: 03/26/2020 Live Update

Postby Al_Dente » Thu Mar 26, 2020 2:51 pm

triple top, double bottom = BOX
needs more help from the peanut gallery
5min
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Re: 03/26/2020 Live Update

Postby Al_Dente » Thu Mar 26, 2020 3:01 pm

HAPPY HOUR
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