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05/27/2020 Live Update

Re: 05/27/2020 Live Update

Postby JFR » Wed May 27, 2020 12:27 pm

Dow 30. Merry Go Round. Taking turns. From laggards to leaders and vice versa. Topsy turvy. Very crazy times.


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Re: 05/27/2020 Live Update

Postby JFR » Wed May 27, 2020 12:43 pm

SPY daily. Still bullish on Point and Figure chart.


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Re: 05/27/2020 Live Update

Postby JFR » Wed May 27, 2020 12:46 pm

ES 5. Stuck beneath the pivot, for the time being.


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Re: 05/27/2020 Live Update

Postby BullBear52x » Wed May 27, 2020 12:50 pm

V-shaped market. bulls will find way to perform a V-shape on any time frames
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Re: 05/27/2020 Live Update

Postby BullBear52x » Wed May 27, 2020 12:54 pm

I left early yesterday missed out the late day sell off, knowing it will come but market bored me out. today I will stick around and will sell every intraday sell setup I can find with tight stop. will see. last sell for da bears is a failure so far.
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Re: 05/27/2020 Live Update

Postby BullBear52x » Wed May 27, 2020 12:58 pm

first LL on daily, and not a pretty sight to be bullish. WDIK?
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Re: 05/27/2020 Live Update

Postby BullBear52x » Wed May 27, 2020 1:50 pm

Another sell here.
morning sell, excellent.
mid day sell, failed
late mid day sell, .....TBD
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Re: 05/27/2020 Live Update

Postby Cobra » Wed May 27, 2020 1:55 pm

Consolidation, bias is up
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Re: 05/27/2020 Live Update

Postby BullBear52x » Wed May 27, 2020 2:01 pm

another fail sell. Hmmmm
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Re: 05/27/2020 Live Update

Postby BullBear52x » Wed May 27, 2020 2:14 pm

Another sell here.
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Re: 05/27/2020 Live Update

Postby BullBear52x » Wed May 27, 2020 2:30 pm

It's selling season for me. stick to the playbook, the last sell is aligned with the first 5 min. swing sell setup. after all it is TA, the odds of probability. :roll:
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Re: 05/27/2020 Live Update

Postby BullBear52x » Wed May 27, 2020 2:36 pm

You got to have a conviction after whatever the reason maybe. big picture, it could be here in any minute now.
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Re: 05/27/2020 Live Update

Postby JFR » Wed May 27, 2020 3:17 pm

SPY 5. Flying high. Barely touching the EMA 20 in the last 2 hours.


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Re: 05/27/2020 Live Update

Postby QED » Wed May 27, 2020 3:28 pm

Note to self: BTFD! :roll:
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Re: 05/27/2020 Live Update

Postby Al_Dente » Wed May 27, 2020 3:34 pm

TSLA
Musk is the largest shareholder and CEO of both TSLA and SpaceX, with a 54% stake in SpaceX and more than 20% ownership of Tesla.
NASA has live coverage RIGHT NOW on C-Span
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Re: 05/27/2020 Live Update

Postby arzaccess » Wed May 27, 2020 3:37 pm

BullBear52x wrote:You got to have a conviction after whatever the reason maybe. big picture, it could be here in any minute now.


I love the pattern matching you showed in the chart. Not sure if you follow DeMark -- NQ and RTY should print 9 _weekly_ counts (TD Sequential sell setup) next week.
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Re: 05/27/2020 Live Update

Postby Cobra » Wed May 27, 2020 3:39 pm


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Re: 05/27/2020 Live Update

Postby BullBear52x » Wed May 27, 2020 3:41 pm

arzaccess wrote:
BullBear52x wrote:You got to have a conviction after whatever the reason maybe. big picture, it could be here in any minute now.


I love the pattern matching you showed in the chart. Not sure if you follow DeMark -- NQ and RTY should print 9 _weekly_ counts (TD Sequential sell setup) next week.

DeMark not very reliable any more, but I am not overlooked any of a good signal. Topping is a process so I will just have to be nimble until it locks in. from here until 3136 I will find excuse to sell any rip.
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Re: 05/27/2020 Live Update

Postby Cobra » Wed May 27, 2020 3:52 pm


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Re: 05/27/2020 Live Update

Postby Cobra » Wed May 27, 2020 3:53 pm

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

Thank you guys, I'll see you in another thread soon.

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