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05/29/2020 Live Update

Re: 05/29/2020 Live Update

Postby Cobra » Fri May 29, 2020 11:00 am

No sharp rebound in the next couple of bars then today has chances being a downtrend day. Key time. I doubt though. Probably it's the time to rebound.
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Re: 05/29/2020 Live Update

Postby Heck » Fri May 29, 2020 11:04 am

Bear Flags DOWN
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Re: 05/29/2020 Live Update

Postby Cobra » Fri May 29, 2020 11:26 am

Very first test of EMA20 in a long time, watch for sell setup. The rebound could mean it's just a range day.
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Re: 05/29/2020 Live Update

Postby BullBear52x » Fri May 29, 2020 11:35 am

Cash SPX Fib, bears need new LOD to keep down trending.
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Re: 05/29/2020 Live Update

Postby BullBear52x » Fri May 29, 2020 11:38 am

I am sitting out, waiting for new setup.
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Re: 05/29/2020 Live Update

Postby QED » Fri May 29, 2020 11:40 am

.
Not a bad looking chart with favorable seasonality

XLV Chart
http://schrts.co/TJwgJhXr

Seasonality of XLV
https://stockcharts.com/freecharts/seas ... symbol=XLV

Point and Figure
http://schrts.co/DfiyxDrd

.
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Re: 05/29/2020 Live Update

Postby BullBear52x » Fri May 29, 2020 11:42 am

sell setup spots, come2papa. breakdown or tops of flag.
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Re: 05/29/2020 Live Update

Postby Cobra » Fri May 29, 2020 12:09 pm


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Re: 05/29/2020 Live Update

Postby BullBear52x » Fri May 29, 2020 12:15 pm

Stops at 18 should be safe for bears if down trend to continue from here.
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Re: 05/29/2020 Live Update

Postby Cobra » Fri May 29, 2020 12:18 pm

Revisit the day low, 50% chances of double bottom.
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Re: 05/29/2020 Live Update

Postby BullBear52x » Fri May 29, 2020 12:19 pm

new LOD = Down trend day in my book. lets go evil :twisted:
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Re: 05/29/2020 Live Update

Postby Al_Dente » Fri May 29, 2020 12:23 pm

529SAVINGS.PNG.png
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Re: 05/29/2020 Live Update

Postby JFR » Fri May 29, 2020 12:38 pm

ES daily. Pulling back, but still well above the EMA 20.


2020-05-29_0937.png
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Re: 05/29/2020 Live Update

Postby K447 » Fri May 29, 2020 12:38 pm

Al_Dente wrote:
529SAVINGS.PNG.png


May I ask where the original data came from?
Who/where published ?
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Re: 05/29/2020 Live Update

Postby BullTart » Fri May 29, 2020 12:38 pm

every single 15min bar since open today is red on the VOLD
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Re: 05/29/2020 Live Update

Postby JFR » Fri May 29, 2020 12:40 pm

ES 5. Second time down to that support level.


2020-05-29_0938.png
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Re: 05/29/2020 Live Update

Postby JFR » Fri May 29, 2020 12:43 pm

Dow 30. A sea of red. HD, INTC and CSCO trying to stay in the green.RTX, BA and AXP leading the way south.


2020-05-29_0942.png
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Re: 05/29/2020 Live Update

Postby BullTart » Fri May 29, 2020 12:47 pm

Will share with the fine people on this awesome board my custom indicator (bottom row) that i've been using to make big swing trades of my portfolio... on the daily, it is the most effective in signaling directional changes... so today, it has risen, and still is rising - once it moves back down and makes that inverted "v" top, the trend move is confirmed.

The higher it goes, the bigger the swing. The yellow horizontal line is my trigger for a "big one" based on backtesting the data two decades.

I've highlighted in violet previous directional turns where I made big swing trades.

Note it signal directional change - I trade up or down based on the signal.
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Last edited by BullTart on Fri May 29, 2020 12:55 pm, edited 1 time in total.
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Re: 05/29/2020 Live Update

Postby QED » Fri May 29, 2020 12:49 pm

Are people too bearish ahead of Trump's press conference regarding China?
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Re: 05/29/2020 Live Update

Postby BullBear52x » Fri May 29, 2020 12:52 pm

new LOD Ding Ding DIng....
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