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05/22/2020 Live Update

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Cobra
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05/22/2020 Live Update

Post by Cobra »

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No idea up or down from here. The rebound overnight can be seen as a double bottom but if sharp pullback from here then it's a lower high trend reversal. So kind of key time. My guess is a range day.
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Cobra
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Re: 05/22/2020 Live Update

Post by Cobra »


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Heck
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Re: 05/22/2020 Live Update

Post by Heck »

SP.1 June Futures SELLING < 2,952.50
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JFR
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Re: 05/22/2020 Live Update

Post by JFR »

ES daily. Down a bit off the resistance level.

2020-05-22_0629.png
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JFR
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Re: 05/22/2020 Live Update

Post by JFR »

ES 5. A good move up from 5 and 1/2 hours ago, then flatlining.

2020-05-22_0630.png
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BullBear52x
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Re: 05/22/2020 Live Update

Post by BullBear52x »

Sideways to down, but overnight action is strong. so....I will sit out for now, it's Friday, I will chase it down under 33ish ES
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JFR
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Re: 05/22/2020 Live Update

Post by JFR »

All is quiet on the Dow. RTX, BA and WBA leading. JNJ, CVX and XOM trailing.

2020-05-22_0633.png
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BullBear52x
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Re: 05/22/2020 Live Update

Post by BullBear52x »

If trade under yesterday's LOD we may have a down trend day.
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Cobra
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Re: 05/22/2020 Live Update

Post by Cobra »

Testing yesterday's low, break down then bears may have chance making a downtrend day. Usually should be a rebound but since it'd be mostly within the yesterday's range so it'd be a range day to me no matter what.
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JFR
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Re: 05/22/2020 Live Update

Post by JFR »

Quiet opening with the four Bigs. ES pushing down. RTY acting schizo.

2020-05-22_0637.png
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BullBear52x
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Re: 05/22/2020 Live Update

Post by BullBear52x »

33ish is my key pivot, look at it now, stall there eh?
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BullBear52x
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Re: 05/22/2020 Live Update

Post by BullBear52x »

Cash SPX, 5 dma support about to give.
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Al_Dente
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Re: 05/22/2020 Live Update

Post by Al_Dente »

PROBLEM:
BABA and BIDU are the China “proxies” in the $NYFANG Index, weighted at 10% each (10 + 10 = 20%)
The Senate just passed a bill that would bar many opaque Chinese companies from listing their shares on U.S. stock exchanges or otherwise raising money from American investors. It now it heads to the House, and it may become law within the month.
BABA and BIDU “could be at risk of being delisted if this legislation were to pass.”
https://www.marketwatch.com/story/bill- ... 2020-05-21

This is the $NYFANG holdings, 15m, see bottom row BABA, BIDU
522fang.png
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JFR
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Re: 05/22/2020 Live Update

Post by JFR »

GLD 5 min.

2020-05-22_0654.png
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Cobra
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Re: 05/22/2020 Live Update

Post by Cobra »

The rebound likely means it's just a range day, even the low was in.
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JFR
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Re: 05/22/2020 Live Update

Post by JFR »

UUP 5 min.

2020-05-22_0701.png
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BullBear52x
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Re: 05/22/2020 Live Update

Post by BullBear52x »

I hop on the south bound train now, Chuuuuuuuchooooooooo
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Cobra
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Re: 05/22/2020 Live Update

Post by Cobra »


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Al_Dente
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Re: 05/22/2020 Live Update

Post by Al_Dente »

Head and Shoulders
5m
522h and s.png
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ccash04
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Re: 05/22/2020 Live Update

Post by ccash04 »

Its hard to be short but I think today it is the play to sell rips even before holiday weekend, small amounts only today.
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