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05/07/2019 Live Update

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JFR
Posts: 10125
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Re: 05/07/2019 Live Update

Post by JFR »

Hitting the EMA20. In a base. Waiting for breakout.

2019-05-07_0924.png
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BullBear52x
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Re: 05/07/2019 Live Update

Post by BullBear52x »

Last sell trade for me, If I got stopped out I will be done today.
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BullBear52x
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Re: 05/07/2019 Live Update

Post by BullBear52x »

I am still eyeing 78-80 /ES, if not today then tomorrow????
tomorrow will be buy day if we get that level. Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
te_fern
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Re: 05/07/2019 Live Update

Post by te_fern »

Need to break VWAP and then move up to the red MA line....
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Trades with cats
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Re: 05/07/2019 Live Update

Post by Trades with cats »

I have VWAP at ES 2895.75. Clearly market said close enough. Making a mockery of all my trend lines.
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JFR
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Re: 05/07/2019 Live Update

Post by JFR »

Trying to breakout.

Back later ...
2019-05-07_0951.png
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Trades with cats
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Re: 05/07/2019 Live Update

Post by Trades with cats »

Nice little double top at VWAP. Guess too early to go to ES 2900. As down as this has been need valid test of bottom.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 05/07/2019 Live Update

Post by Daniel »

Daniel wrote:IWM undercut yest's low (made at the open) and is now above, it may be bottoming...
update: all three majors are struggling to stay above their LOD.
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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/07/2019 Live Update

Post by Al_Dente »

AD
bears are still 4-5x bulls
(something about a bad 3-year treasury auction... )
Last edited by Al_Dente on Tue May 07, 2019 1:23 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 05/07/2019 Live Update

Post by Al_Dente »

LOD:
IWM
SPY
QQQ
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Joined: Sat Oct 11, 2014 4:40 pm

Re: 05/07/2019 Live Update

Post by Trades with cats »

Overshooting my third measured move. Time to turn around.
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Al_Dente
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Re: 05/07/2019 Live Update

Post by Al_Dente »

“Sell in May and Go Away”
Bloomberg: The S&P's 17.3% gain in 2019 through the end of April makes it the fourth best start to a year in history. And, that may be a bearish signal. Because historically when the January-April return exceeds 15%, the performance for the rest of the year is paltry at best and, at times, a disaster.
sell may.png.png
But that strategy still leaves money on the table:
https://stockcharts.com/articles/chartw ... ming-.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Mr. BachNut
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Joined: Thu Feb 24, 2011 2:28 pm

Re: 05/07/2019 Live Update

Post by Mr. BachNut »

Mr. BachNut wrote:
Mr. BachNut wrote: We have two down gap targets within striking distance at 2888.32 and 2778.20.
First target tagged.
Second target tagged. :shock:

Maybe some support can be found around here.
Otherwise, the 50 MA is around SPX 2856.5.
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Al_Dente
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Re: 05/07/2019 Live Update

Post by Al_Dente »

Megaphone tilted down
“Descending Broadening Wedge”
http://thepatternsite.com/dbw.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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JFR
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Re: 05/07/2019 Live Update

Post by JFR »

Crash. Boom. Bah.

Screenshot_20190507_103540.jpg
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Al_Dente
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Re: 05/07/2019 Live Update

Post by Al_Dente »

Isn't anyone from the cabinet or the FED going to start yapping, to give us false hope :?:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 05/07/2019 Live Update

Post by Trades with cats »

Well I guess they can reprice all the IPO's.
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BullBear52x
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Re: 05/07/2019 Live Update

Post by BullBear52x »

Chart for the road: Daily entering buy the dip zone. I will be a buyer tomaro.....trade well, Peace!
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Al_Dente
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Re: 05/07/2019 Live Update

Post by Al_Dente »

SOXS
3x SHORT semis
up +10% today
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 05/07/2019 Live Update

Post by Cobra »

before the mini target (tinted area) exceeded, no hope of bottom.
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