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10/17/2024 Live Update

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Cobra
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10/17/2024 Live Update

Post by Cobra »

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Double top or not, wait and see. Pullback here maybe, but I don't think it'd be a double top eventually as it'd be too simple for bears.

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BullBear52x
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Re: 10/17/2024 Live Update

Post by BullBear52x »

Bears trap, outch! Intraday gap play again at the open, go or no go?
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BullBear52x
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Re: 10/17/2024 Live Update

Post by BullBear52x »

No go, Crazy overnigt bulls pajama traders got trap.
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Cobra
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Re: 10/17/2024 Live Update

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Re: 10/17/2024 Live Update

Post by Cobra »

Bias is down, it'd be 3rd leg down if indeed which if cannot go far then bulls will have chances.

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Cobra
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Re: 10/17/2024 Live Update

Post by Cobra »

Just as I said 3 legs down, couldn't go far so bull fought back. I don't think the rebound is over so the pullback probably will be bought.

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Cobra
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Re: 10/17/2024 Live Update

Post by Cobra »


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BullBear52x
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Re: 10/17/2024 Live Update

Post by BullBear52x »

Swing setup: dip will be bought.
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Intraday: new swing high, it is bullish bias, we are having a negative p[rice action as of now, bulls need to push hard and closed above the red line then all is good.
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Last edited by BullBear52x on Thu Oct 17, 2024 2:01 pm, edited 1 time in total.
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BullBear52x
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Re: 10/17/2024 Live Update

Post by BullBear52x »

Bonus chart: chart pattern, hourly with EDI bars assisted. the up trend is intact, new HH this mornign was all it takes to keep this up trend alive and well, Bears will have to wait for new setup.
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Trades w 2 Cats
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Re: 10/17/2024 Live Update

Post by Trades w 2 Cats »

ES 12-24 (10000 Tick) 2024_10_17 (11_21_51 AM).png
NVIDIA at all time highs or close so unless it keeps going ...
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BullBear52x
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Re: 10/17/2024 Live Update

Post by BullBear52x »

Buy triggered. new box, make or break. one hour to go.
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JFR
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Re: 10/17/2024 Live Update

Post by JFR »

ES 60 minutes.

Some good moves.

And then for a few hours, chop.

2024-10-17_12-17-11.png
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Cobra
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Re: 10/17/2024 Live Update

Post by Cobra »

So far the rebound looks like a bear flag so may fail before the close.

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Re: 10/17/2024 Live Update

Post by Cobra »


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Re: 10/17/2024 Live Update

Post by Trades w 2 Cats »

ES 12-24 (70000 Tick) 2024_10_17 (12_43_17 PM).png
Ids there a special name for a gap up open and close at the lows?

Chinese cash bazooka rumors at least kept going most of Monday. This semi conductor move was worthless.
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Cobra
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Re: 10/17/2024 Live Update

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Re: 10/17/2024 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Friday looks like: https://stockcharts.com/public/1684859/ ... /533449397

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

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