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05/10/2019 Live Update

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Re: 05/10/2019 Live Update

Postby Al_Dente » Fri May 10, 2019 12:52 pm

[SAVE FOR LATER]
Do you use Sprint for your phone?
read this:
https://www.zerohedge.com/news/2019-05- ... s-collapse
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Re: 05/10/2019 Live Update

Postby Daniel » Fri May 10, 2019 12:54 pm

Al_Dente wrote:the munchkin said earlier the "trade talks were constructive"

More precisely (courtesy of Briefing.com) "Treasury Secretary Steven Mnuchin announced that trade talks are done for the day, and described them as "constructive", according to CNBC."
meanwhile FXI is holding persistently green, after leading to the downside earlier...
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Re: 05/10/2019 Live Update

Postby BullBear52x » Fri May 10, 2019 12:55 pm

Chart for the road: VIX 23 is my uber over sold market and a panic fear level, so far it shows buy panic is still kicking and well. Fearful market but very over sold. Peace!
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Re: 05/10/2019 Live Update

Postby K447 » Fri May 10, 2019 12:59 pm

BullBear52x wrote:Chart for the road: VIX 23 is my uber over sold market and a panic fear level, so far it shows buy panic is still kicking and well. Fearful market but very over sold. Peace!


Buy Panic = buy the market when VIX touches 23?
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Re: 05/10/2019 Live Update

Postby Daniel » Fri May 10, 2019 1:24 pm

XLF grn, and well off its lod.
On a daily chart, the ETF looks like it may be holding onto a breakout above multi-week resistance.
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Re: 05/10/2019 Live Update

Postby Daniel » Fri May 10, 2019 1:31 pm

FXI = 41.86/sh = EEM

Love it when this happens, makes comparison RS super-easy. RS for dummies.

:)
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Re: 05/10/2019 Live Update

Postby Al_Dente » Fri May 10, 2019 1:40 pm

I posted this at 11:14 am:
‏zh retweeted this 15min ago; i can't verify it...
@govttrader
Trump currently talking to market strategists about what tweet content would best cause ES futures to rally this afternoon.
stay tuned...


That pisses me off
If he has the time to talk to “market strategists” [which he has done before], then he would have the time to tweet, and brag.
Now I have to add @govttrader to my long list of “questionable trustworthiness”
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Re: 05/10/2019 Live Update

Postby K447 » Fri May 10, 2019 1:50 pm

Al_Dente wrote:I posted this at 11:14 am:
‏zh retweeted this 15min ago; i can't verify it...
@govttrader
Trump currently talking to market strategists about what tweet content would best cause ES futures to rally this afternoon.
stay tuned...


That pisses me off
If he has the time to talk to “market strategists” [which he has done before], then he would have the time to tweet, and brag.
Now I have to add @govttrader to my long list of “questionable trustworthiness”

I read that as mere ZeroHedge snark and sarcasm, not useful info
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Re: 05/10/2019 Live Update

Postby Al_Dente » Fri May 10, 2019 1:56 pm

K447 wrote:........I read that as mere ZeroHedge snark and sarcasm, not useful info

All media snarky
Latest headline at CNBC:
“China, Schmina” ... I'm not joking
“U.S. Hikes Chinese Tariffs”
[moments ago]
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Re: 05/10/2019 Live Update

Postby JFR » Fri May 10, 2019 2:02 pm

A plunge, and then right back to the opening price (QQQ is close).


2019-05-10_1100.png
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Re: 05/10/2019 Live Update

Postby te_fern » Fri May 10, 2019 2:14 pm

Shows breakout on this morning's chart. A lot of resistance above.....
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Re: 05/10/2019 Live Update

Postby Al_Dente » Fri May 10, 2019 2:14 pm

25% tariffs
and the dow is now green :roll:
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Re: 05/10/2019 Live Update

Postby JFR » Fri May 10, 2019 2:17 pm

Big picture. Lots of red. Trying to bottom? I would not mind if the market gave Tariff Man a kick in the pants.


2019-05-10_1113.png
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Re: 05/10/2019 Live Update

Postby Al_Dente » Fri May 10, 2019 2:27 pm

Yes, VIX went green-bull-spy
Question is: will it stay green for one day or for six days?
See previous green boxes
510vix2.png.png
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Re: 05/10/2019 Live Update

Postby Cobra » Fri May 10, 2019 2:32 pm

1st touch of ema20 in 2+ hours, watch for buy setup. actually H1 long setup was just triggered. I don't know H1 would work or not, but I do believe the pullback would be bought.
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Re: 05/10/2019 Live Update

Postby JFR » Fri May 10, 2019 2:35 pm

Resistance at the opening price. Taking a break ...


2019-05-10_1138.png
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Re: 05/10/2019 Live Update

Postby Al_Dente » Fri May 10, 2019 3:01 pm

HAPPY HOUR
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Re: 05/10/2019 Live Update

Postby JFR » Fri May 10, 2019 3:05 pm

DIA and SPY trying for a breakout. IWM and QQQ at resistance.


2019-05-10_1203.png
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Re: 05/10/2019 Live Update

Postby JFR » Fri May 10, 2019 3:20 pm

Breaking out. Amazing resilience in this market.


2019-05-10_1219.png
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Re: 05/10/2019 Live Update

Postby Al_Dente » Fri May 10, 2019 3:21 pm

WEEK AT A GLANCE
510week glance.png.png
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