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08/29/2023 Live Update

Posted: Tue Aug 29, 2023 8:45 am
by Cobra
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Always assume more up when not sure up or down from here.
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Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 9:17 am
by JFR
ES daily.

Third higher low in a row.

Up to the EMA 20.

In a base beneath the EMA 20.

2023-08-29_06-15-13.png

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 9:20 am
by JFR
ES 60 minutes.

Up from S3, through S2, through the Pivot, all the way to R1.

In a base, bottoming on the Pivot.

2023-08-29_06-17-50.png

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 9:23 am
by JFR
ES 5 minutes.

Chopping along. Trending down on the 5 minute chart. That can change in a flash at the open.

2023-08-29_06-22-01.png

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 10:02 am
by JFR
ES 5 minutes.

Moving on up.

The bulls are making a stand, after "bottoming" on August 18.

2023-08-29_07-01-20.png

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 10:03 am
by Cobra

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 10:45 am
by Cobra
Breakout to a new day high with a good looking bull bar in the next couple of bars then it'd be an uptrend day.

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 11:35 am
by Cobra
Clear breakout so it's a confirmed uptrend day.

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 12:06 pm
by Cobra

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 12:19 pm
by JFR
SPY 5 minutes.

Nice moves on the 5 minute chart.

Screenshot_20230829_091503.jpg

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 12:34 pm
by brokebybernacke2
nosebleedy

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 1:14 pm
by BullBear52x
Swing setup: Dips will be bought, HH and above 5 DMA is clear.

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 1:17 pm
by BullBear52x
Intraday: There is no contest from Bears today. bulls are still want to closed above the red line to maintain a positive price action.

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 1:26 pm
by BullBear52x
With all the cheerful moment, on a daily trend following setup, we are marching into a sell zone. In a next day or so, I will pay attention to a short term turn signals. Multi-time frames basic. what is time frame of your trade? Peace!

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 1:33 pm
by Cobra
Breakout is more likely.

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 1:38 pm
by JFR
ES 5 minute.

Trying for a breakout.

Needs more proof.

Back later ...

2023-08-29_10-37-30.png

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 1:56 pm
by Cobra
It's the very first touch of EMA20 today so could attract some buyers, although sometimes it only good for a scalp.

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 2:44 pm
by jaguar6992
Looks like we are closing in on quite a few "up" hours in a row. 8?

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 3:20 pm
by theRASPYone
Any chances of end of day sell off? Looking slim, but bears last chance, imo, what little energy we got

Re: 08/29/2023 Live Update

Posted: Tue Aug 29, 2023 3:34 pm
by Cobra