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02/18/2021 Live Update

02/18/2021 Live Update

Postby Cobra » Thu Feb 18, 2021 9:33 am

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Double bottom or not, wait and see. Possible range day.
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Re: 02/18/2021 Live Update

Postby JFR » Thu Feb 18, 2021 10:11 am

ES daily. The pullback continues.


2021-02-18_06-10-06.png
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Re: 02/18/2021 Live Update

Postby JFR » Thu Feb 18, 2021 10:31 am

SPY 5. Opens up gap down.


2021-02-18_06-30-36.png
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Re: 02/18/2021 Live Update

Postby JFR » Thu Feb 18, 2021 10:35 am

Dow 30. A sea of red. MMM at the top. WMT at the bottom.


2021-02-18_06-33-36.png
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Re: 02/18/2021 Live Update

Postby Cobra » Thu Feb 18, 2021 11:06 am


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Re: 02/18/2021 Live Update

Postby Cobra » Thu Feb 18, 2021 11:08 am

It's a morning hourly hollow red
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Re: 02/18/2021 Live Update

Postby marcueus3 » Thu Feb 18, 2021 11:37 am

Target for spx 3850 :)
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Re: 02/18/2021 Live Update

Postby Pauthi » Thu Feb 18, 2021 11:50 am

Target for spx gap-close
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Re: 02/18/2021 Live Update

Postby Cobra » Thu Feb 18, 2021 12:08 pm

Testing EMA20, it's the bear's last chance to make a downtrend day today. Probably it's just a range day though.
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Re: 02/18/2021 Live Update

Postby te_fern » Thu Feb 18, 2021 12:22 pm

Bounced off the bottom support this morning, now back testing previous broken diagonal line. Big clue now as to how the day will proceed....
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Re: 02/18/2021 Live Update

Postby Mr. BachNut » Thu Feb 18, 2021 12:32 pm

Not much to say.

NYMO cycle may confirm down today.
New up gap established today.
Price is back inside the keltner band.
This gives some odds for a trip down to the middle keltner (or more), but doesn't have to happen or may do so after revisiting the highs.
I am inclined to view it as a heads up for a possible change in character. (could also just be OPEX book balancing... :roll: )
I will hazard a guess that any revisit of the highs in the days ahead may come with a negative NYMO divergence. We shall see.

I am flat.
My ES long was breakeven stopped after two profit units scaled out.
My R2K long was profit stopped after two profit units scaled out.
I have short setups percolating, but price is around a support/dip buy level too. So, nothing may happen.
I am thinking I got shaken out of my position here, but such was necessary to honor the setup protocol. :?
For someone who wants to own clean trends, this year has been a bit funky so far. :(

NYMO 021821.jpg
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Re: 02/18/2021 Live Update

Postby Al_Dente » Thu Feb 18, 2021 12:56 pm

3 push up on buying puts
higher highs, higher lows
15m
218vix.png.jpg
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Re: 02/18/2021 Live Update

Postby Al_Dente » Thu Feb 18, 2021 1:03 pm

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Re: 02/18/2021 Live Update

Postby Cobra » Thu Feb 18, 2021 1:13 pm


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Re: 02/18/2021 Live Update

Postby Al_Dente » Thu Feb 18, 2021 1:16 pm

ELDER BARS on the daily
SP blue
QQQ red
SMALLS red
at the moment ... but we need the closing colors ...
218ELDER.PNG.jpg
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Re: 02/18/2021 Live Update

Postby Al_Dente » Thu Feb 18, 2021 1:18 pm

Vlad is speaking now
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Re: 02/18/2021 Live Update

Postby Cobra » Thu Feb 18, 2021 1:21 pm

51% chances of higher low.
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Re: 02/18/2021 Live Update

Postby te_fern » Thu Feb 18, 2021 1:29 pm

Down in No man's land, could go either way....
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Re: 02/18/2021 Live Update

Postby te_fern » Thu Feb 18, 2021 1:31 pm

I don't have a position on, but am leaning bearish......
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Re: 02/18/2021 Live Update

Postby Al_Dente » Thu Feb 18, 2021 1:35 pm

Mr. BachNut wrote:... I am flat.
My ES long was breakeven stopped after two profit units scaled out.
My R2K long was profit stopped after two profit units scaled out.
I have short setups percolating, but price is around a support/dip buy level too. So, nothing may happen.
I am thinking I got shaken out of my position here, but such was necessary to honor the setup protocol. :?
For someone who wants to own clean trends, this year has been a bit funky so far. :(

thank you mr. bach :D
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