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10/02/2019 Live Update

Re: 10/02/2019 Live Update

Postby BullBear52x » Wed Oct 02, 2019 1:14 pm

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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Re: 10/02/2019 Live Update

Postby Heck » Wed Oct 02, 2019 1:56 pm

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.
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Re: 10/02/2019 Live Update

Postby brokebybernacke2 » Wed Oct 02, 2019 1:59 pm

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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Re: 10/02/2019 Live Update

Postby BullBear52x » Wed Oct 02, 2019 2:07 pm

The good news or bad news always come after a good setup. waiting for good news to goose this up :lol:
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Re: 10/02/2019 Live Update

Postby Heck » Wed Oct 02, 2019 2:07 pm

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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Re: 10/02/2019 Live Update

Postby Cobra » Wed Oct 02, 2019 2:24 pm

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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Re: 10/02/2019 Live Update

Postby Al_Dente » Wed Oct 02, 2019 2:25 pm

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
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Re: 10/02/2019 Live Update

Postby Al_Dente » Wed Oct 02, 2019 2:36 pm

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.
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Re: 10/02/2019 Live Update

Postby Al_Dente » Wed Oct 02, 2019 2:43 pm

trump news conference
questions now
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Re: 10/02/2019 Live Update

Postby Heck » Wed Oct 02, 2019 2:46 pm

$TRIN Target 11.96

May not get there today

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

Postby BullBear52x » Wed Oct 02, 2019 2:49 pm

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

Postby Al_Dente » Wed Oct 02, 2019 3:11 pm

HAPPY HOUR
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Re: 10/02/2019 Live Update

Postby BullBear52x » Wed Oct 02, 2019 3:25 pm

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!
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Re: 10/02/2019 Live Update

Postby Trades with cats » Wed Oct 02, 2019 3:32 pm

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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Re: 10/02/2019 Live Update

Postby Cobra » Wed Oct 02, 2019 3:40 pm


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Re: 10/02/2019 Live Update

Postby Al_Dente » Wed Oct 02, 2019 3:40 pm

Heck wrote:$TRIN Target 11.96
May not get there today
https://tinyurl.com/y2h9b7nw

W.O.W. :o
thanks for that boss :shock:
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Re: 10/02/2019 Live Update

Postby Trades with cats » Wed Oct 02, 2019 3:45 pm

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

Postby Cobra » Wed Oct 02, 2019 3:50 pm


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Re: 10/02/2019 Live Update

Postby Cobra » Wed Oct 02, 2019 3:51 pm

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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