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06/05/2023 Live Update

Posted: Mon Jun 05, 2023 8:54 am
by Cobra
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I think bias is up, it's not a double top here, but as always I could be very wrong, let's see.

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 9:00 am
by JFR
ES daily.

A pause in the action, right at the top.

Trying to establish a higher level trading range.

Also trying to consolidate before continuing the breakout.

It could still backslide to the support level.

2023-06-05_05-57-33.png

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 9:02 am
by JFR
ES 60 minutes.

Thursday and Friday trend up days.

Today is in a range. Inside many support and resistance levels.

Above the EMA 20.

2023-06-05_06-00-45.png

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 9:04 am
by JFR
ES 5 minutes.

The action has been choppy and ugly for 5 hours.

2023-06-05_06-03-19.png

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 9:12 am
by Al_Dente
[Bloomberg]
"I looked at all the times the S&P 500 had been driven by as narrow leadership as we have today.... it’s not an uncommon occurrence."
What followed was well above-average forward returns in the index.
https://www.zerohedge.com/markets/will- ... ity-upside

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 9:14 am
by JFR
Source:

https://themarketswatch.com/business/wh ... gJ7tPD_BwE

Not my data. Not my illustrations.

2023-06-05_06-07-55.png
The number of planned nuclear power plants is multiplying, while Germany is turning its back on nuclear power. Even oil-producing countries are increasingly turning to nuclear power to ensure their energy security. This has caused a monumental shift in the uranium market as prices continue to soar while enriching uranium mining companies in Canada and Kazakhstan.

The UAE has delivered one of the most ambitious energy transitions in modern history with key investments in nuclear energy and the delivery and expansion of the Barakah Nuclear Energy Plant. Saudi Arabia also confirmed the establishment of the Nuclear Holding Company, which will act as the country’s nuclear developer, plans to use domestic uranium for nuclear fuel, and has recently attracted bids for its inaugural power plant.
Like a lot of things scientific, is it safe? Well, there have been horrific accidents.
2023-06-05_06-10-35.png

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 9:34 am
by JFR
OMF. OneMain Holdings.

Founded in 1912. HQ in Evansville, Indiana.
OneMain Holdings, Inc., a financial service holding company, engages in the consumer finance and insurance businesses. The company originates, underwrites, and services personal loans secured by automobiles, other titled collateral, or unsecured. The company also offers credit cards and insurance products comprising life, disability, and involuntary unemployment insurance; optional non-credit insurance; guaranteed asset protection coverage as a waiver product or insurance; and membership plans. It operates through a network of approximately 1,400 branch offices in 44 states in the United States, as well as through its website onemainfinancial.com. The company was formerly known as Springleaf Holdings, Inc. and changed its name to OneMain Holdings, Inc. in November 2015. OneMain Holdings, Inc. was founded in 1912 and is based in Evansville, Indiana. -- Yahoo Finance
The stock market is up. More stocks are looking good.

Not recommending. Just sharing information.

2023-06-05_06-32-40.png

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 9:38 am
by JFR
ES 5 minutes.

Trying for a breakout.

Later ...

2023-06-05_06-36-57.png

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 10:10 am
by Cobra

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 12:10 pm
by Cobra

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 12:29 pm
by Al_Dente
The AAPL event starts at 10:00 Pacific time
this link might work:
https://www.apple.com/apple-events/

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 12:48 pm
by Al_Dente
[SENTIMENT TRADER]
LOBO is an acronym we coined for Large-Only [50 contracts or more], Buy-to-Open optons.
LOBO Put Call Ratio: This ratio focuses on large traders to get a better feel for what they're trying to do. .... this ratio is best used in a contrary manner
https://mailchi.mp/sentimentrader/lobo-putcall-ratio

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 1:23 pm
by Cobra
The pullback probably will be bought.

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 2:45 pm
by Serenity
Cobra,
thank you for telling us about UFO called P Bar back in 2010. I was not a believer then but I am now.

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 3:47 pm
by Cobra

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 3:48 pm
by Cobra
Serenity wrote:Cobra,
thank you for telling us about UFO called P Bar back in 2010. I was not a believer then but I am now.
2010? :geek: Oh, I thought you mean year 2010 :D

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 3:53 pm
by Cobra

Re: 06/05/2023 Live Update

Posted: Mon Jun 05, 2023 3:54 pm
by Cobra
Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374