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06/30/2020 Live Update

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Al_Dente
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Re: 06/30/2020 Live Update

Post by Al_Dente »

The #3 holder of the Investment-Grade Bond ETF, LQD, is THE FED
They own 13,316,690 shares
[posted yesterday by Driehaus Capital]
https://twitter.com/DriehausCapital/sta ... 53/photo/1
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullTart
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Re: 06/30/2020 Live Update

Post by BullTart »

kiss goodbye??? then sayonara
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BullBear52x
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Re: 06/30/2020 Live Update

Post by BullBear52x »

This is the number they can not fake
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Cobra
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Re: 06/30/2020 Live Update

Post by Cobra »


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Cobra
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Re: 06/30/2020 Live Update

Post by Cobra »

Haven't touched the EMA20 yet, so the pullback this time should be bought again despite it's the 2nd pullback of the day now.
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Cobra
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Re: 06/30/2020 Live Update

Post by Cobra »

It's the very first pullback to EMA20 in 2+ hours, watch for buy setup. Sometimes it also means the uptrend is near over.
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BullBear52x
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Re: 06/30/2020 Live Update

Post by BullBear52x »

If support here fails, morning high is gone, very bearish going forward.
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BullTart
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Re: 06/30/2020 Live Update

Post by BullTart »

Zooming into the Sayonara Goodbye Kiss on the hourly... double doji for a double wet kiss before departing to never never land
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Al_Dente
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Re: 06/30/2020 Live Update

Post by Al_Dente »

15min
potential double tops
630doub.png
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BullBear52x
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Re: 06/30/2020 Live Update

Post by BullBear52x »

Try to breakout of Friday's high, if fail then back to lower range. will see too early to say it will make or fail.
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ccash04
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Re: 06/30/2020 Live Update

Post by ccash04 »

Seems like it is done here. Maybe red close?
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BullBear52x
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Re: 06/30/2020 Live Update

Post by BullBear52x »

Time to be nimble on both side, 5 min. swing is now earning a buy coupon, above 5DMA (my favorite).
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BullBear52x
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Re: 06/30/2020 Live Update

Post by BullBear52x »

This is when multi-time frames gets a little messy:
Daily = Buy
Hourly = Sell
5min. = Buy
1min./2000tick intraday = Sell
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jademann
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Re: 06/30/2020 Live Update

Post by jademann »

I understood that a VIX of 32 is supposed to mean a relatively large change in the S&P index, which there is not, it hasn't moved for a month.
Is the VIX broken at this point?
https://stockcharts.com/h-sc/ui?s=$VIX& ... 9075927330
My comments were dictated to me by homie the clown
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BullBear52x
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Re: 06/30/2020 Live Update

Post by BullBear52x »

jademann wrote:I understood that a VIX of 32 is supposed to mean a large change in the S&P index, which there is not. Is the VIX broken at this point?
https://stockcharts.com/h-sc/ui?s=$VIX& ... 9075927330
I use 16 and 24, volatility is way high on my read. over sold on $VIX, over bought on index, we should have a blip pull back first then will see, see the BB on SPX:$VIX it is border line bearish bias under the mid BB.
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BullBear52x
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Re: 06/30/2020 Live Update

Post by BullBear52x »

Another note today, End of month is avoiding grave stone Doji if we closed here.
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arzaccess
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Re: 06/30/2020 Live Update

Post by arzaccess »

BullBear52x wrote:Try to breakout of Friday's high, if fail then back to lower range. will see too early to say it will make or fail.
Looks like it's repeat of what happened last week -- initiative buying on Monday, followed by a higher high on Tue (because of leftover buying pressure). We will see if the market starts to drop starting at the middle of the week...
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BullBear52x
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Re: 06/30/2020 Live Update

Post by BullBear52x »

All we can do is map every thing out as much as possible, market always right let's all be right along with it. if I have my way this market should be down to 2700 by now. :lol:
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Cobra
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Re: 06/30/2020 Live Update

Post by Cobra »

Higher low, probably the rebound has started.
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BullBear52x
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Re: 06/30/2020 Live Update

Post by BullBear52x »

bear flag
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