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08/29/2025 Live Update

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Cobra
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08/29/2025 Live Update

Post by Cobra »

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Down overnight then the rebound is not even a bear flag, instead it's a consolidation therefore resume down is more likely.

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grandeG
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Re: 08/29/2025 Live Update

Post by grandeG »

I noticed a little gap which was unfilled in Wednesday evenings session. Notated on my chart. It’s around 72.
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Cobra
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Re: 08/29/2025 Live Update

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Re: 08/29/2025 Live Update

Post by Cobra »

This bear shall have legs.

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Re: 08/29/2025 Live Update

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Re: 08/29/2025 Live Update

Post by Cobra »

Possible head and shoulders bottom.

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Trades w 2 Cats
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Re: 08/29/2025 Live Update

Post by Trades w 2 Cats »

6474 is the center of the universe. Can't believe we are back to that level for around the 20th time since the August low. :o
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Re: 08/29/2025 Live Update

Post by Trades w 2 Cats »

2025_08_29 (9_46_00 AM).png
See for yourself
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Re: 08/29/2025 Live Update

Post by Trades w 2 Cats »

2025_08_29 (9_47_54 AM).png
Op ex and a three day weekend. Practically a guarantee of a gap open on Tuesday, but no idea on the direction.
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Cobra
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Re: 08/29/2025 Live Update

Post by Cobra »

Nothing to say, in a range but seems with intention to try breakout before the close.

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Re: 08/29/2025 Live Update

Post by Cobra »


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Re: 08/29/2025 Live Update

Post by Trades w 2 Cats »

2025_08_29 (12_31_32 PM).png
Once again 6474 is the third rail of the ES. First couple of reversals paid well, last several not so much. Noted that 6466 area was a classic play on the third bounce. Range tightening up for the close. Three day weekend so everybody who isn't hedged will be getting out of the market during power hour . Really, you would think the big players left at lunch for the weekend.
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Re: 08/29/2025 Live Update

Post by Cobra »

Simply kept testing the upper blue line so still breakout before the close is possible.

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Re: 08/29/2025 Live Update

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Re: 08/29/2025 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Tuesday looks like: https://stockcharts.com/public/1684859/ ... /533449374

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

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JFR
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Re: 08/29/2025 Live Update

Post by JFR »

SPY 5 minutes.

Snoozer.

Down and then a trading range.

AFK Away from keyboard, on a nice summer day.

Stock market -> Dog Days of Summer? Yeah.

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