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07/18/2019 Live Update

Re: 07/18/2019 Live Update

Postby BullBear52x » Thu Jul 18, 2019 2:51 pm

One min. positive reversal, now you see why everyday I mentioned " Cas SPX Fib" as you can see here a break above 61.8% then retested, got support and flying high. some thing day traders should have in His/Her tool box.
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Re: 07/18/2019 Live Update

Postby BullBear52x » Thu Jul 18, 2019 2:53 pm

Cash SPX Fib update, bulls need to stay above 61.8% by the closed to keep this 1min. reversal into tomorrow.
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Re: 07/18/2019 Live Update

Postby Al_Dente » Thu Jul 18, 2019 3:00 pm

HAPPY HOUR
croc.png.png
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Re: 07/18/2019 Live Update

Postby Mr. BachNut » Thu Jul 18, 2019 3:06 pm

Just a little update:

I tuned the channel in the chart to today's low.
It looks like a good fit. So, the rising bottoms line is a key.

Note that NYMO has turned up a bit. Hmmm...

I did end up getting neutral with long short time frame position against short long time frame position.
The long will get scaled out today and probably tomorrow. Will look to add short or stop out.

NYMO 071819 B.jpg
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Re: 07/18/2019 Live Update

Postby Trades with cats » Thu Jul 18, 2019 3:12 pm

I was very naughty and went out for lunch. Got back and what a mess. Started looking and yes my earlier sarcastic post about bulls needing a china trade tweet or a Fed speaker was 100% correct. Odds of a July .50 rate cut went from 33% to 50% after Williams speech. So yes Fed speakers see rotten economy and the market takes off. :?
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Re: 07/18/2019 Live Update

Postby BullBear52x » Thu Jul 18, 2019 3:27 pm

Cash SPX Fib update.
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Re: 07/18/2019 Live Update

Postby Al_Dente » Thu Jul 18, 2019 3:46 pm

Al_Dente wrote:Today we get our first red Elder bar since the June low
on the SPX and the QQQ
Let's see if they can close red

Nevermind
Looks like SPX and QQQ will close blue again
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Re: 07/18/2019 Live Update

Postby Cobra » Thu Jul 18, 2019 3:48 pm


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Re: 07/18/2019 Live Update

Postby Cobra » Thu Jul 18, 2019 3:49 pm

well, guess that's it for today. here's what Friday looks like. 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/tenpp
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