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02/12/2021 Live Update

Re: 02/12/2021 Live Update

Postby BullBear52x » Fri Feb 12, 2021 2:43 pm

Cash SPX, 61.8% at it again, bears know what it takes to be bearish, not above here. :(
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Re: 02/12/2021 Live Update

Postby JFR » Fri Feb 12, 2021 2:52 pm

FOXA 5 min. Some nice, clean moves today.


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Re: 02/12/2021 Live Update

Postby JFR » Fri Feb 12, 2021 3:10 pm

SPY 5. Sitting on a ledge. Is it going to make a move, or just move quietly from base to base?

Have a good weekend, Everyone. Stay safe.


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Re: 02/12/2021 Live Update

Postby BullBear52x » Fri Feb 12, 2021 3:24 pm

Why I am Bear52x instead of BullBear52x? look at the $Gap GDP, this market in real term will not and should not be this high. It's right to call it a Covid-19 bubble. employment number also shows the declining, if the shut down continue I don't see how we can have a better number, recession 2.0 is to follow. the universal income or welfare state shows the real growth is not there. the Fed can pump and it will only be good for traders not investors at the end. so....trade is the name of the game in this market, buy and hold will see the pain soon enough.
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Re: 02/12/2021 Live Update

Postby Cobra » Fri Feb 12, 2021 3:27 pm

Double bottom here 50% chances. Break above EMA20 then it'd be 60% chances.
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Re: 02/12/2021 Live Update

Postby BullBear52x » Fri Feb 12, 2021 3:51 pm

Next sell the rip coupon, last sell for the bears. come2papa.
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Re: 02/12/2021 Live Update

Postby BullBear52x » Fri Feb 12, 2021 4:18 pm

A penny higher than this will kill the sell.
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Re: 02/12/2021 Live Update

Postby Cobra » Fri Feb 12, 2021 4:30 pm


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Re: 02/12/2021 Live Update

Postby BullBear52x » Fri Feb 12, 2021 4:35 pm

a closed here or higher will be bullish next trading day. I wouldn't want to hold a bearish position overnight. Way Out of the money call and put combination will pay well next week. option trade is for the suckers. Hahaha. Peace!
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Re: 02/12/2021 Live Update

Postby QED » Fri Feb 12, 2021 4:41 pm

Well, it is no longer an inside day, but the real question is will it make an all-time high before the close?
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Re: 02/12/2021 Live Update

Postby BullBear52x » Fri Feb 12, 2021 4:47 pm

QED wrote:Well, it is no longer an inside day, but the real question is will it make an all-time high before the close?

The way I look at inside day is the first initial bar's range is the controller (main range) the few bars follow has to breakout nice and clean, a failed breakout will retest the range low in a hurry (auction house theory). Just my way of look at thing I am not saying it's right. Have a good weekend all. Peace out!!!
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Re: 02/12/2021 Live Update

Postby BullBear52x » Fri Feb 12, 2021 4:49 pm

Here is the failed breakout.
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Re: 02/12/2021 Live Update

Postby Cobra » Fri Feb 12, 2021 4:51 pm


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Re: 02/12/2021 Live Update

Postby Cobra » Fri Feb 12, 2021 4:54 pm

Well, guess that's it for today. Here's what Tuesday looks like: https://stockcharts.com/public/1684859/ ... /533449374

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

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