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Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 2:10 pm
by Al_Dente
After two contiguous days of strong green NYAD, the market usually relaxes, but occasionally the NYAD goes for three-consecutive days strong-green before relaxing
60min
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Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 2:35 pm
by JFR
ACP chart. SPY 5. Heading downhill. Are the brakes working? LandryBowTie crossover. MACD down. Slow Sto down. Get ready to jump? Quiet day. Gonna take a break ...

https://www.youtube.com/watch?v=J7kP4mgkqy4


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Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 3:00 pm
by BullBear52x
MA resistance sell. no new LL from here, bottom is in for today.

Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 3:11 pm
by Cobra
Need break above the EMA20 to be sure the range low was in. Too bad today the H<#> buy failed.

Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 3:20 pm
by BullBear52x
Vaccine market hype soon it will have no effect in the marker, Stimulus talk not gonna happen any time soon, Washington chaos will drag on until electors vote, Congress will vote for Biden for President, House will vote for Trump as VP. (this will be so comical next 4 years) told you politics stink to the high heaven.

Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 3:33 pm
by BullBear52x
Last sell the rip, well, Monday is not always boring after all.

Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 3:51 pm
by BullBear52x
ES, the bottom is critical to hold today, if not I see we can trade as low as 2565ish

Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 4:07 pm
by BullBear52x
Cash SPX FIb, so far gap and no go. a trade below Friday's high will weaken the market further in days to come.

Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 4:11 pm
by Cobra
Possible higher low.

Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 4:28 pm
by BullBear52x
How can I tell if this is real buying up or just a stops hunt. see RSI, (weak sauce) a good buying up should be >70 this one is telling me it is just a stops hunt.

Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 4:28 pm
by Cobra

Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 4:53 pm
by Cobra

Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 4:54 pm
by Cobra
Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449374

Re: 11/16/2020 Live Update

PostPosted: Mon Nov 16, 2020 5:03 pm
by JFR
SPY 5. ACP chart. Gap up and then a range, drifting up and down.


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