05/22/2020 Live Update

[jademann]

Rule No. 3452: never short a dull market. Rule No. 234 VIX backwardation, especially over a 3 day weekend, is good for bulls.

[JFR]

SPY 5. Pushing down beneath the pivot.

[BullBear52x]

wishful thinking.

[JFR]

Dow leaders, such as they are.

[JFR]

ES 5. The market does not know what to do.

[BullBear52x]

Got stop out, now you see first 5 handles is a must to take off the table, bulls will not give in today. wait for new buy setup if it will.

[Cobra]

Double bottom 60% chances.

[JFR]

''Fred Astaire and Ginger Rogers - Let's Call The Whole Thing Off''

https://www.youtube.com/watch?v=LOILZ_D3aRg

Taking a break. Back later ...

[BullBear52x]

ES resistance it will probably push higher for now it is a wait and see.

[BullBear52x]

my internals charts say no buy. so I am back selling again, stops above 41.

[Heck]

All Three ISEE Option Sentiment Indices = DOWN DOWN DOWN
Treasury Yields Red = DOWN
$TRIN > 1 = DOWN

QQQ SELLING < 229.42
$SPX SELLING < 2,948.25
SPY SELLING < 294.85

Falling Friday Rarity

[BullBear52x]

betting on down channel, with tight stops.

[BullBear52x]

same playbook, half off the table boss.

[BullBear52x]

new LL, I will shoot for overnight low.

[BullBear52x]

The blue represent futures ES, now that they are aligned they can move together up or down intraday. projection is down to test overnight low. will see.

[jademann]

VXX lower high.

[BullBear52x]

Today is second day on a daily LL, bearish, Tuesday market can be up but this is early sign of weakness. look at selling pressure from TRIN.

[ccash04]

Let's see 2,910!

[jademann]

what a dull day

[Al_Dente]

5/21 According to the top performing investment newsletters tracked by Hulbert,
these four stocks are tied for being the most recommended right now by those newsletters:
DIS
FDX
IBM
JPM
Hulbert says: “Notice the absence of any of the so-called FAANG stocks that have been leading the market in recent weeks.”