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02/18/2021 Live Update

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Cobra
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02/18/2021 Live Update

Post by Cobra »

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Double bottom or not, wait and see. Possible range day.
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JFR
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Re: 02/18/2021 Live Update

Post by JFR »

ES daily. The pullback continues.

2021-02-18_06-10-06.png
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JFR
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Re: 02/18/2021 Live Update

Post by JFR »

SPY 5. Opens up gap down.

2021-02-18_06-30-36.png
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JFR
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Re: 02/18/2021 Live Update

Post by JFR »

Dow 30. A sea of red. MMM at the top. WMT at the bottom.

2021-02-18_06-33-36.png
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Cobra
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Re: 02/18/2021 Live Update

Post by Cobra »


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Cobra
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Re: 02/18/2021 Live Update

Post by Cobra »

It's a morning hourly hollow red
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marcueus3
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Re: 02/18/2021 Live Update

Post by marcueus3 »

Target for spx 3850 :)
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Pauthi
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Re: 02/18/2021 Live Update

Post by Pauthi »

Target for spx gap-close
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Cobra
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Re: 02/18/2021 Live Update

Post by Cobra »

Testing EMA20, it's the bear's last chance to make a downtrend day today. Probably it's just a range day though.
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te_fern
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Re: 02/18/2021 Live Update

Post by te_fern »

Bounced off the bottom support this morning, now back testing previous broken diagonal line. Big clue now as to how the day will proceed....
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Mr. BachNut
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Re: 02/18/2021 Live Update

Post by Mr. BachNut »

Not much to say.

NYMO cycle may confirm down today.
New up gap established today.
Price is back inside the keltner band.
This gives some odds for a trip down to the middle keltner (or more), but doesn't have to happen or may do so after revisiting the highs.
I am inclined to view it as a heads up for a possible change in character. (could also just be OPEX book balancing... :roll: )
I will hazard a guess that any revisit of the highs in the days ahead may come with a negative NYMO divergence. We shall see.

I am flat.
My ES long was breakeven stopped after two profit units scaled out.
My R2K long was profit stopped after two profit units scaled out.
I have short setups percolating, but price is around a support/dip buy level too. So, nothing may happen.
I am thinking I got shaken out of my position here, but such was necessary to honor the setup protocol. :?
For someone who wants to own clean trends, this year has been a bit funky so far. :(
NYMO 021821.jpg
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Al_Dente
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Re: 02/18/2021 Live Update

Post by Al_Dente »

3 push up on buying puts
higher highs, higher lows
15m
218vix.png.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 02/18/2021 Live Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 02/18/2021 Live Update

Post by Cobra »


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Al_Dente
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Re: 02/18/2021 Live Update

Post by Al_Dente »

ELDER BARS on the daily
SP blue
QQQ red
SMALLS red
at the moment ... but we need the closing colors ...
218ELDER.PNG.jpg
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Al_Dente
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Re: 02/18/2021 Live Update

Post by Al_Dente »

Vlad is speaking now
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Cobra
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Re: 02/18/2021 Live Update

Post by Cobra »

51% chances of higher low.
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te_fern
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Re: 02/18/2021 Live Update

Post by te_fern »

Down in No man's land, could go either way....
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te_fern
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Re: 02/18/2021 Live Update

Post by te_fern »

I don't have a position on, but am leaning bearish......
This is not investment or trade advice.
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Al_Dente
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Re: 02/18/2021 Live Update

Post by Al_Dente »

Mr. BachNut wrote:... I am flat.
My ES long was breakeven stopped after two profit units scaled out.
My R2K long was profit stopped after two profit units scaled out.
I have short setups percolating, but price is around a support/dip buy level too. So, nothing may happen.
I am thinking I got shaken out of my position here, but such was necessary to honor the setup protocol. :?
For someone who wants to own clean trends, this year has been a bit funky so far. :(
thank you mr. bach :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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