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Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 12:14 pm
by Cobra

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 12:54 pm
by Al_Dente
Apple event starts in a few minutes:
https://www.youtube.com/watch?v=b13xnFp_LJs

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 12:58 pm
by te_fern
A going sideways type of day...

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 1:05 pm
by Cobra
Kind of ascending triangle, so breakout should be more likely

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 1:25 pm
by BullBear52x
sleepy yet? still can not stop me out. weak sauce. bulls no juice.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 1:31 pm
by BullBear52x
As I did more digging, we should test the low of Tuesday's. ES weekly gap, this week or next but it will be filled.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 1:41 pm
by BullBear52x
Summation index don't see a bottom yet.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 1:48 pm
by BullBear52x
Yield and main index will close the gap at some point, which one will move more to center is the question? High interest rate in the making for small correction in the index or big correction on index with small rise on interest. it will comes so, I don't see how the index will trade high from here.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 1:48 pm
by Johnmccabe
BullBear52x wrote:Summation index don't see a bottom yet.

I also think we haven't bottomed yet, but did summation index pick out the bottom of July correction? I'm still learning about this index... Hope we retest the zone 3330 and just be done with this correction.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 1:52 pm
by Johnmccabe
BullBear52x wrote:Yield and main index will close the gap at some point, which one will move more to center is the question? High interest rate in the making for small correction in the index or big correction on index with small rise on interest. it will comes so, I don't see how the index will trade high from here.


my inner bear keeps saying march was not the end of the multiyear bull market. The big correction is yet to come.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 2:03 pm
by BullBear52x
Option expiry week, it used to be something to talk about, today's casino option every day and every week make the 3rd week of monthly un-Predictable.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 2:05 pm
by BullBear52x
Johnmccabe wrote:
BullBear52x wrote:Summation index don't see a bottom yet.

I also think we haven't bottomed yet, but did summation index pick out the bottom of July correction? I'm still learning about this index... Hope we retest the zone 3330 and just be done with this correction.

not so on July, but to go bullishly, it would be good to have SI on your side.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 2:09 pm
by BullBear52x
Cash SPX, bulls don't want to revisit yesterday's range, not a good idea.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 2:15 pm
by BullBear52x
5 min. entering buy the dip zone, see the reaction here how good of a support is. I am on the evil side so I don't buy here.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 2:38 pm
by Cobra
Consolidation along the range low, now break down is more likely.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 2:40 pm
by BullBear52x
I am probably the least greedy guy on this board, let me have this ES :twisted:

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 2:54 pm
by Johnmccabe
BullBear52x wrote:5 min. entering buy the dip zone, see the reaction here how good of a support is. I am on the evil side so I don't buy here.


I'm hoping to enter at the next RSI low on spx hourly chart

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 3:09 pm
by Cobra
Double top text book target.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 3:10 pm
by BullBear52x
Johnmccabe wrote:
BullBear52x wrote:5 min. entering buy the dip zone, see the reaction here how good of a support is. I am on the evil side so I don't buy here.


I'm hoping to enter at the next RSI low on spx hourly chart

:D as long we think we got the insight of what to come buy or sell at any level is good.

Re: 09/15/2020 Live Update

PostPosted: Tue Sep 15, 2020 3:34 pm
by BullBear52x
However we slice it, reversal of a reversal folks. Peace!