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Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:15 am
by jademann
Rule No. 3452: never short a dull market. Rule No. 234 VIX backwardation, especially over a 3 day weekend, is good for bulls.

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:16 am
by JFR
SPY 5. Pushing down beneath the pivot.


2020-05-22_0715.png

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:20 am
by BullBear52x
wishful thinking.

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:27 am
by JFR
Dow leaders, such as they are.


2020-05-22_0726.png

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:30 am
by JFR
ES 5. The market does not know what to do.


2020-05-22_0730.png

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:32 am
by BullBear52x
Got stop out, now you see first 5 handles is a must to take off the table, bulls will not give in today. wait for new buy setup if it will.

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:33 am
by Cobra
Double bottom 60% chances.

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:37 am
by JFR
''Fred Astaire and Ginger Rogers - Let's Call The Whole Thing Off''

https://www.youtube.com/watch?v=LOILZ_D3aRg

Taking a break. Back later ...


2020-05-22_0736.png

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:41 am
by BullBear52x
ES resistance it will probably push higher for now it is a wait and see.

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:45 am
by BullBear52x
my internals charts say no buy. so I am back selling again, stops above 41.

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:48 am
by Heck
All Three ISEE Option Sentiment Indices = DOWN DOWN DOWN
Treasury Yields Red = DOWN
$TRIN > 1 = DOWN

QQQ SELLING < 229.42
$SPX SELLING < 2,948.25
SPY SELLING < 294.85

Falling Friday Rarity

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 10:50 am
by BullBear52x
betting on down channel, with tight stops.

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 11:00 am
by BullBear52x
same playbook, half off the table boss. :mrgreen: :mrgreen:

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 11:01 am
by BullBear52x
new LL, I will shoot for overnight low. :twisted:

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 11:11 am
by BullBear52x
The blue represent futures ES, now that they are aligned they can move together up or down intraday. projection is down to test overnight low. will see.

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 11:19 am
by jademann
VXX lower high.

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 11:23 am
by BullBear52x
Today is second day on a daily LL, bearish, Tuesday market can be up but this is early sign of weakness. look at selling pressure from TRIN.

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 11:27 am
by ccash04
Let's see 2,910! :evil:

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 11:29 am
by jademann
what a dull day

Re: 05/22/2020 Live Update

PostPosted: Fri May 22, 2020 11:33 am
by Al_Dente
5/21 According to the top performing investment newsletters tracked by Hulbert,
these four stocks are tied for being the most recommended right now by those newsletters:
DIS
FDX
IBM
JPM
Hulbert says: “Notice the absence of any of the so-called FAANG stocks that have been leading the market in recent weeks.”