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10/02/2019 Live Update

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BullBear52x
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Re: 10/02/2019 Live Update

Post by BullBear52x »

Sell the rip point, bulls profit taking. (Money management side of thing) bears will sell here. let see what the reaction here, I am looking at 905ish.
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Heck
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Re: 10/02/2019 Live Update

Post by Heck »

Market quicksand.
Down - 4 % in two days.

Market taking no prisoners.
Just lost market friend to massive stroke.

Oversold market can become more oversold.
Not in hurry to get back in except PAAS.

Two and a half Undervalued Index PUTS for every call = DOWN
Last edited by Heck on Wed Oct 02, 2019 1:59 pm, edited 1 time in total.
brokebybernacke2
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Re: 10/02/2019 Live Update

Post by brokebybernacke2 »

Heck wrote:Market quicksand.
Down - 4 % in two days.

Market taking no prisoners.
Just lost market friend to massive stroke.

Not in hurry to get back in except PAAS.
Condolences!
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BullBear52x
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Re: 10/02/2019 Live Update

Post by BullBear52x »

The good news or bad news always come after a good setup. waiting for good news to goose this up :lol:
My comments are for entertainment/educational purpose only. NOT a trade advice.
Heck
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Re: 10/02/2019 Live Update

Post by Heck »

brokebybernacke2 wrote:
Heck wrote:Market quicksand.
Down - 4 % in two days.

Market taking no prisoners.
Just lost market friend to massive stroke.

Not in hurry to get back in except PAAS.
Condolences!
Thank you
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Cobra
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Re: 10/02/2019 Live Update

Post by Cobra »

not sure if this was the higher low therefore the low was in, but at least bulls have some chances now which is better than no chances.
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Al_Dente
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Re: 10/02/2019 Live Update

Post by Al_Dente »

Here is daily TRIN, stolen from bb52x, and then INVERTED so that above 1=bull, and below 1=bear.
Note that on 9/17 TRIN went bear and hasn’t flipped back to bull YET
102trinb.png.png
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: 10/02/2019 Live Update

Post by Al_Dente »

Re: that TRIN chart
If you expand the timeframe of that chart going back to all of 2018, this may be the longest CONTIGUOUS stretch (11 days) of bear TRINs that I can see, but please count for yourselves because my eyeballs are weak.
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: 10/02/2019 Live Update

Post by Al_Dente »

trump news conference
questions now
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Heck
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Re: 10/02/2019 Live Update

Post by Heck »

$TRIN Target 11.96

May not get there today

https://tinyurl.com/y2h9b7nw
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BullBear52x
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Re: 10/02/2019 Live Update

Post by BullBear52x »

Wow, bulls did it, can we do 61.8% :lol: :lol: :lol:
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Al_Dente
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Re: 10/02/2019 Live Update

Post by Al_Dente »

HAPPY HOUR
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 10/02/2019 Live Update

Post by BullBear52x »

Now we are all eyes on TRIN. not bullish. the thing about TRIN we need to wait until the very last minute of the day to get the solid reading.

well, tomorrow is another day. as long as we trade outside BB I will counter trend to get back in the band. it's just day trading thing not bullish by any mean. Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades with cats
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Re: 10/02/2019 Live Update

Post by Trades with cats »

ES 12-19 (2000 Tick) _ ES 12-19 (2000 Tick) 2019_10_02 (1_27_06 PM).png
ES 2985 is a low volume node from the last time the market traded this range that FT 71 called out this morning. Seems to be an important level.

Still playing with Larry Williams Awesome Oscillator at bottom of the chart. That is a 34 MA less a 5 MA, both using mid point of the price bars.
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Cobra
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Re: 10/02/2019 Live Update

Post by Cobra »


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Al_Dente
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Re: 10/02/2019 Live Update

Post by Al_Dente »

Heck wrote:$TRIN Target 11.96
May not get there today
https://tinyurl.com/y2h9b7nw
W.O.W. :o
thanks for that boss :shock:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 10/02/2019 Live Update

Post by Trades with cats »

No ramp express today. Waiting to see what happens after the cash close.
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Cobra
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Re: 10/02/2019 Live Update

Post by Cobra »


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Cobra
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Re: 10/02/2019 Live Update

Post by Cobra »

well, guess that's it for today. here's what Thursday looks like: https://stockcharts.com/public/1684859/ ... /533449387

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

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