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10/21/2021 Live Update

Re: 10/21/2021 Live Update

Postby Cobra » Thu Oct 21, 2021 12:03 pm

typical range day action: rebound from range low.
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Re: 10/21/2021 Live Update

Postby BullBear52x » Thu Oct 21, 2021 12:06 pm

MA sell, if there will a down trend day, this is it. :twisted:
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Re: 10/21/2021 Live Update

Postby Cobra » Thu Oct 21, 2021 12:07 pm


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Re: 10/21/2021 Live Update

Postby BullBear52x » Thu Oct 21, 2021 12:09 pm

$vix is like Christmas lights, Flashing Red and Green all day today.
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Re: 10/21/2021 Live Update

Postby Al_Dente » Thu Oct 21, 2021 12:20 pm

Wick study, 5min
On the way up, the wicks (shadows) tend to be lower, as the stock tries to go down (lower wick) and can’t
On the way down, the wicks tend to be higher, as the stock tries to go up (higher wick) and can’t
For lack of finesse I’m gong to call these “hairy bottoms” (lower wicks bullish), and “hairy tops” (higher wicks bearish)
Works best when there are multiple hairy tops/bottoms, when they try and try and try again
Cyan is WTF
This is an art, not a science
Is it perfect? No, nothing is perfect
HAIRY 1021.png.jpg
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Re: 10/21/2021 Live Update

Postby BullBear52x » Thu Oct 21, 2021 12:37 pm

If you can stay awake you are very healthy today. Yawn......chance of New LL is still intact if market trades lower than 4522 /ES the odd to test the low is increasing over 50%, for now Yawn.......
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Re: 10/21/2021 Live Update

Postby Al_Dente » Thu Oct 21, 2021 12:41 pm

Two day box (cyan)
At the moment, 36% of issues on the NYSE are advancing
Options traders are buying some calls
5min
1021five.png.jpg
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Re: 10/21/2021 Live Update

Postby BullBear52x » Thu Oct 21, 2021 12:48 pm

Bearish on A/D issues, one day doesn't make a trend, so....two days of reds before I will be more aggressive to the down side.
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Re: 10/21/2021 Live Update

Postby BullBear52x » Thu Oct 21, 2021 1:16 pm

This is the time when you go get oil change or walk the dog. pop corns and movies time. basic chart pattern is so clear why push it? Peace!
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Re: 10/21/2021 Live Update

Postby BullBear52x » Thu Oct 21, 2021 1:20 pm

/ES On the ABC flat, failed, but the wave guru will come up with new creative counts. this is why flat horizontal line is best, only price pays. 2x Peace!
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Re: 10/21/2021 Live Update

Postby Al_Dente » Thu Oct 21, 2021 3:23 pm

Al_Dente wrote:Two day box (cyan)
At the moment, 36% of issues on the NYSE are advancing
Options traders are buying some calls
5min

Breakout above the boxes on SPY and on Call Buyers
Time to draw cyan targets
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Re: 10/21/2021 Live Update

Postby Cobra » Thu Oct 21, 2021 3:29 pm


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Re: 10/21/2021 Live Update

Postby Cobra » Thu Oct 21, 2021 3:52 pm


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Re: 10/21/2021 Live Update

Postby Cobra » Thu Oct 21, 2021 3:53 pm

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

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

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Re: 10/21/2021 Live Update

Postby Al_Dente » Thu Oct 21, 2021 4:43 pm

Please check SNAP and INTC after hours :shock: :shock:
Also check FB and GOOG
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