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01/09/2020 Live Update

Trades with cats
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Joined: Sat Oct 11, 2014 4:40 pm

Re: 01/09/2020 Live Update

Post by Trades with cats »

My charts say that was the 5th move on new highs today including the before regular market open ones. Would think one of these times it would actually stay up.

With the relentless cash being thrown at the market must be getting difficult for the futures to move up as who would be shorting the all time highs other than options market makers dealing with risk.

Payrolls report better not disappoint. Even if it doesn't once again holding over the weekend is a bet that some group with rockets in the middle east won't trigger a retaliation attack.
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 01/09/2020 Live Update

Post by BullBear52x »

Chart for the road: tomorrow is another day, No fear No bear, as long as there is buyers, demand rules. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/09/2020 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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BullBear52x
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Re: 01/09/2020 Live Update

Post by BullBear52x »

The good news for bears if the market were to sell off tomorrow, based on Market profile, this morning poor high just got repaired. if we settle under POC today, big IF, down target will be 3258.

There is a bearish projection for bear if we settled < POC. or just wait out and trade with me tomorrow :D
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 01/09/2020 Live Update

Post by BullBear52x »

POC is sitting at 3270.38 right atm.
My comments are for entertainment/educational purpose only. NOT a trade advice.
QED
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Joined: Wed Feb 11, 2015 2:04 pm

Re: 01/09/2020 Live Update

Post by QED »

Trades with cats wrote:Payrolls report better not disappoint.
January Jobs Day: Historically Not a Pretty Sight
https://jeffhirsch.tumblr.com/post/1901 ... etty-sight
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Cobra
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Re: 01/09/2020 Live Update

Post by Cobra »


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Cobra
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Re: 01/09/2020 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.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449397

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