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09/15/2020 Live Update

09/15/2020 Live Update

Postby Cobra » Tue Sep 15, 2020 9:16 am

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Maybe will test the line above? Trend day possible, either up or down.
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Re: 09/15/2020 Live Update

Postby Cobra » Tue Sep 15, 2020 9:19 am

The members only update starts here: http://www.cobrasmarketview.com/2020/09 ... ay-update/

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Re: 09/15/2020 Live Update

Postby JFR » Tue Sep 15, 2020 9:29 am

ES daily. Up to the EMA 20.
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Re: 09/15/2020 Live Update

Postby JFR » Tue Sep 15, 2020 9:31 am

SPY 5 minutes. Opens up 2.61.


2020-09-15_06-30-35.png
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Re: 09/15/2020 Live Update

Postby Cobra » Tue Sep 15, 2020 9:38 am

The start feels like an uptrend day
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Re: 09/15/2020 Live Update

Postby JFR » Tue Sep 15, 2020 9:45 am

Dow 30. Lots of green. Led by AAPL, MSFT and CRM. Trailing CAT, TRV and JPM.


2020-09-15_06-44-33.png
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Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 10:07 am

testing the water, can't be too bearish today, market wants up. sell first will see from here.
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Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 10:13 am

R/R is not bad here for bears.
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Re: 09/15/2020 Live Update

Postby Cobra » Tue Sep 15, 2020 10:14 am


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Re: 09/15/2020 Live Update

Postby JFR » Tue Sep 15, 2020 10:17 am

ES 5 minutes. Busy trading some Dow stocks, and some dividend stocks, and meantime ES is chopping, chopping and chopping.

Back later ...


2020-09-15_07-14-58.png
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Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 10:25 am

They make it easy for me today, what a lucky start. :mrgreen:
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Re: 09/15/2020 Live Update

Postby te_fern » Tue Sep 15, 2020 10:34 am

Is the bigger channel now up??
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Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 10:42 am

Multi time frames:
Daily = Buy, on a buy
Hourly = Buy the dip, last sell fails
5 min. = Buy the dip, last sell fails
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Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 10:47 am

Fib measurement, couple more resistance levels before bulls can say that they are out of the woods. overnight gap will only make me want to sell into it more here until we can see a clear trade above 61.8%
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Re: 09/15/2020 Live Update

Postby Al_Dente » Tue Sep 15, 2020 10:48 am

11 a.m. news conference
congress may have a deal on the stimulus package
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Re: 09/15/2020 Live Update

Postby Cobra » Tue Sep 15, 2020 10:52 am

Don't know the direction yet, for now looks like a range day. Gap up then pullback to EMA20 so far it's a normal pattern. Wait to see whether the EMA20 could hold.
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Re: 09/15/2020 Live Update

Postby Al_Dente » Tue Sep 15, 2020 11:21 am

BIG TECH %, last 10 days
TSLA (green dashed line) is up about 100 points in 5 days

915big.png.jpg
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Re: 09/15/2020 Live Update

Postby JFR » Tue Sep 15, 2020 11:22 am

BullBear52x wrote:Multi time frames:
Daily = Buy, on a buy
Hourly = Buy the dip, last sell fails
5 min. = Buy the dip, last sell fails


Before I take a serious break, having read some news and sports, let's play this again. Ha ha

Daily: Flat. Nice trend up, but on a serious pullback, starting to edge up a little bit.

60 minutes: Long, but not strong. At a point of resistance.

5 minutes: Long, but stuck in a base, after a gap up opening.

Now for a longer break, away from the keyboard.


2020-09-15_08-29-49.png


SPY 5 minutes. Riding the EMA 20.
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Re: 09/15/2020 Live Update

Postby Al_Dente » Tue Sep 15, 2020 12:01 pm

zh: the simple fact is that 2020 has been a year of two trades: long tech, which is up 25% YTD, or long everything else which is still down for the year.
Chart:
https://www.zerohedge.com/s3/files/inli ... k=pgc3Y-65
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Re: 09/15/2020 Live Update

Postby Al_Dente » Tue Sep 15, 2020 12:09 pm

Follow the math:
math.png.jpg
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