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12/08/2021 Live Update

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Cobra
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12/08/2021 Live Update

Post by Cobra »

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The pullback probably will be bought.

Small gap up so likely it's just a range day.
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JFR
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Re: 12/08/2021 Live Update

Post by JFR »

ES daily. Back to the top. Testing above yesterday's high.

2021-12-08_05-56-49.png
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JFR
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Re: 12/08/2021 Live Update

Post by JFR »

ES 60 minutes. Helluva move up starting Monday. Up against very heavy resistance now. Forming a range between that resistance and the EMA 20.

2021-12-08_05-59-16.png
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JFR
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Re: 12/08/2021 Live Update

Post by JFR »

SPY 15. All is quiet. Just at the previous close. Small bars. Tight range. Riding the EMA 20.

2021-12-08_06-03-30.png
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JFR
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Re: 12/08/2021 Live Update

Post by JFR »

https://finance.yahoo.com/news/stock-re ... 26403.html
(Bloomberg) -- U.S. stock futures rose as investors weighed positive data on Covid vaccines against the possibility of more virus-related travel restrictions.

S&P 500 futures initially jumped higher after Pfizer Inc. and BioNTech SE said early lab studies show a third dose of their Covid-19 vaccine neutralizes the omicron variant. The index gave up some of the gains to trade up 0.2% in early U.S. hours.

Travel shares reacted positively to the news, with airlines including American Airlines Group Inc., Delta Air Lines Inc. and United Airlines Holdings Inc. gaining more than 1% in premarket trading. Norwegian Cruise Line Holdings and Carnival Corp. also advanced.
2021-12-08_06-13-12.png
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BullBear52x
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Re: 12/08/2021 Live Update

Post by BullBear52x »

Yesterday's price action was negative, a weak trade today can be a bad sign that the run up was nothing more than a short squeeze.
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Re: 12/08/2021 Live Update

Post by Trades w 2 Cats »

BullBear52x wrote:Yesterday's price action was negative, a weak trade today can be a bad sign that the run up was nothing more than a short squeeze.
True that ! Market gearing up for OpEx. After that volatility will be more likely, then of course Santa Rally!
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Re: 12/08/2021 Live Update

Post by Trades w 2 Cats »

ES 12-21 (6000 Tick) 2021_12_08 (8_45_38 AM).png
If you still don't believe in market voodoo then I guess the measured move was random chance. A random chance that seems to repeat all the time! :lol: :lol: :D
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JFR
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Re: 12/08/2021 Live Update

Post by JFR »

Most of the sectors have been doing well.

2021-12-08_06-49-22.png
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Al_Dente
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Re: 12/08/2021 Live Update

Post by Al_Dente »

AAPL
ATH
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JFR
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Re: 12/08/2021 Live Update

Post by JFR »

Alternatives.

2021-12-08_06-55-15.png
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Re: 12/08/2021 Live Update

Post by JFR »

ES five minutes. Doldrums. Thrashing. Back later ...

2021-12-08_07-09-49.png
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Cobra
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Re: 12/08/2021 Live Update

Post by Cobra »


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Re: 12/08/2021 Live Update

Post by Trades w 2 Cats »

_  2021_12_08 (9_32_16 AM).png
NY internals, shows the spike down to the day's low. I dropped color from this because the TRIN is upside down compared to everything else and it was confusing my rather slow brain.
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Re: 12/08/2021 Live Update

Post by Trades w 2 Cats »

Over night low acting as resistance.
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Re: 12/08/2021 Live Update

Post by BullBear52x »

failed breakout this morning should take us down more but looks like we are going sideways if no LL right away from next MA sell setup.
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Re: 12/08/2021 Live Update

Post by BullBear52x »

Last sell today, a penny higher will suggest sideways to up from here, bears need to see <61.8% for the day.
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Re: 12/08/2021 Live Update

Post by JFR »

AXP and AAPL doing well today.

Screenshot_20211208_084105.jpg
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Cobra
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Re: 12/08/2021 Live Update

Post by Cobra »

Maybe we had the range low.
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Al_Dente
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Re: 12/08/2021 Live Update

Post by Al_Dente »

60min
When the market is going up and it pierces this upper bolinger, it trades sideways [consolidation; gray boxes] before choosing to breakout
When the market is going down and it pierces the lower bolinger, it doesn't consolidate, it rams up higher to resistance
So today's "consolidation" suggests an upside breakout is immanent
Caveat: this is really SKETCHY analysis, and should be taken with a grain of salt
"There are only three options: explain why I’m wrong, request further clarification, or execute the directions." [Elon Musk]
Screenshot 2021-12-08 104019.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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