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05/15/2020 Live Update

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Al_Dente
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Re: 05/15/2020 Live Update

Post by Al_Dente »

Q and FANG wedge
5m
pink ma approximates the 5dma
515qfang.png.png
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BullBear52x
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Re: 05/15/2020 Live Update

Post by BullBear52x »

/ES pivot is about to give to da bears.
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te_fern
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Re: 05/15/2020 Live Update

Post by te_fern »

Fell out of the bottom of the channel, looking for a back test, then a bigger fall.....
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Cobra
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Re: 05/15/2020 Live Update

Post by Cobra »

The pullback probably means the range high was in, now seeking the range low.
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BullBear52x
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Re: 05/15/2020 Live Update

Post by BullBear52x »

:mrgreen: will I wait for a late day rally? it's FRIDAY! half off bro's
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BullBear52x
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Re: 05/15/2020 Live Update

Post by BullBear52x »

Good support at /ES 2808ish, no support there bears will hit a home run.
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JFR
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Re: 05/15/2020 Live Update

Post by JFR »

ES 5. Down to the trendline. Back up to the pivot.

2020-05-15_0819.png
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Al_Dente
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Re: 05/15/2020 Live Update

Post by Al_Dente »

Dead-cat-bounce
failing at 5dma
515dead cat.png.png
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JFR
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Re: 05/15/2020 Live Update

Post by JFR »

ES 5. On the range. Squeezed by the EMA 20 and the pivot.

2020-05-15_0831.png
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BullTart
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Re: 05/15/2020 Live Update

Post by BullTart »

Yoohoo...papa is calling... come to papa!

Din-din is getting cold!
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BullBear52x
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Re: 05/15/2020 Live Update

Post by BullBear52x »

It's Friday, I am sitting out, wait for new sell setup for the last trade. market is going nowhere :x
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BullBear52x
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Re: 05/15/2020 Live Update

Post by BullBear52x »

This could turn bullish real fast too.
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Cobra
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Re: 05/15/2020 Live Update

Post by Cobra »

Probably the range low for this round was in, now trying to find the range high again.
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Daniel
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Re: 05/15/2020 Live Update

Post by Daniel »

BullTart wrote:Yoohoo...papa is calling... come to papa! Din-din is getting cold!
Well BullTart, sez IWM, you can keep yer stinkin TV dinner--we're actually thinking of breaking out to a fresh HOD.
:)

Very odd and bifurcated market right now, sector-wise.
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BullBear52x
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Re: 05/15/2020 Live Update

Post by BullBear52x »

Last sell for today.
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Daniel
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Re: 05/15/2020 Live Update

Post by Daniel »

We noted the other day a sudden emergence of smallcap RS, after a period of underperformance, and it's showing up again today. IWM is the most domestic, and econo-sensitive, of the majors.
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JFR
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Re: 05/15/2020 Live Update

Post by JFR »

From John Carter ...

Screenshot_20200515_090924.jpg
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Daniel
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Re: 05/15/2020 Live Update

Post by Daniel »

Cobra wrote:Probably just a range day.
This observation, made at 9:50am ET, seems to be coming to fruition.
At the noon check, both NYSE up/down volume and advances/declines were virtually even, one a bit negative the other a bit positive. On Friday at noon, with such a bleh configuration, there's rarely a dramatic move, absent a striking news item.
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JFR
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Re: 05/15/2020 Live Update

Post by JFR »

Another from Carter. Too negative? Not in my opinion. Just reality.

Screenshot_20200515_091544.jpg
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Al_Dente
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Re: 05/15/2020 Live Update

Post by Al_Dente »

SPX intraday, today only
APPROXIMATELY
30 points made on the upside
28 points made on the downside
now, so far, 20 points made on the upside
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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