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10/04/2023 Live Update

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Cobra
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10/04/2023 Live Update

Post by Cobra »

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Very strong overnight rebound, so some chances it's a (slightly) lower low trend reversal pattern (i.e. kind of double bottom, the low was in).
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JFR
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Re: 10/04/2023 Live Update

Post by JFR »

ES daily.

Down beneath key support. Ouch. Ouch.

2023-10-04_06-13-34.png
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JFR
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Re: 10/04/2023 Live Update

Post by JFR »

ES 60 minutes.

3 down days.

Today it bounced up from S1, all the way to the Pivot, where it met some resistance.

2023-10-04_06-16-35.png
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JFR
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Re: 10/04/2023 Live Update

Post by JFR »

ES 5 minutes.

A good day, so far.

Up for 5 hours.

Down to the EMA20, and just below.

2023-10-04_06-19-56.png
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daytradingES
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Re: 10/04/2023 Live Update

Post by daytradingES »

pop to 4296.75 and then drop?
(just guessing - not on system
Educational only and not trading advice (EO&NTA) :)
Good trading to all
daytradingES
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Re: 10/04/2023 Live Update

Post by daytradingES »

Oct4-23.png
ES Dec
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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Cobra
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Re: 10/04/2023 Live Update

Post by Cobra »


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Re: 10/04/2023 Live Update

Post by Cobra »

Double bottom? The low was in for today? Not sure.
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Trades w 2 Cats
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Re: 10/04/2023 Live Update

Post by Trades w 2 Cats »

^SP500 (60 Minute) 2023_10_04 (8_05_46 AM).png
One of the great things about spending time in national parks, both Canadian and American, is no internet or cell phones. Makes for a serious vacation from the market!

Anyway, the market has chosen what had been the alternate count from three weeks ago. The ABC pattern is looking pretty accurate with a 5, 3, 5 lesser degree wave count. Point being we should be there either now or soon. If we don't get a major bounce into year end then this count has to be replaced with a much more bearish count. :o
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Cobra
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Re: 10/04/2023 Live Update

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BullBear52x
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Re: 10/04/2023 Live Update

Post by BullBear52x »

Swing setup: Last sell failed, now we have an early sign of change in trend. dips will be bought from here.
1.PNG
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BullBear52x
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Re: 10/04/2023 Live Update

Post by BullBear52x »

Intraday: inside day, Harami candle formation, it will be a bullish Harami if we can closed above 61.8% any thing lower will have to be not so bullish. in any cases, bulls can breath a little easier today.
2.PNG
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Cobra
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Re: 10/04/2023 Live Update

Post by Cobra »

The pullback probably will be bought.
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BullBear52x
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Re: 10/04/2023 Live Update

Post by BullBear52x »

Market is very oversold in may internals measurements, we are in a very critical pivot point overall. make or break for both bulls and bears alike. stay nimble until the dust is clear. Peace!
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Cobra
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Re: 10/04/2023 Live Update

Post by Cobra »

probably a pullback here first which likely would be bought later.
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Re: 10/04/2023 Live Update

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Re: 10/04/2023 Live Update

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Re: 10/04/2023 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

Thank you guys, I'll see you in another thread soon.

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