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08/15/2022 Live Update

brokebybernacke2
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Re: 08/15/2022 Live Update

Post by brokebybernacke2 »

JFR wrote:ES 5 minutes. Looking for a foothold after a breakout above 4275.

2022-08-15_08-40-43.png

oil down big, market should pop
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JFR
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Re: 08/15/2022 Live Update

Post by JFR »

brokebybernacke2 wrote:
JFR wrote:ES 5 minutes. Looking for a foothold after a breakout above 4275.
oil down big, market should pop
So it seems.

ES 5 minutes. Well clear of 4275. Now testing 4290. Eyes on 4300. Needs more heavy lifting.

2022-08-15_08-50-16.png
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Cobra
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Re: 08/15/2022 Live Update

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Cobra
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Re: 08/15/2022 Live Update

Post by Cobra »

Big pullback here then it's a range day. Consolidation or breakout here then it could be an uptrend day.
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JFR
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Re: 08/15/2022 Live Update

Post by JFR »

SPY 5 minutes. Price action. At resistance. Looking for a breakout.

2022-08-15_09-15-14.png
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JFR
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Re: 08/15/2022 Live Update

Post by JFR »

ES 5 minutes. Trying for a breakout above 4293.

2022-08-15_09-31-34.png
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Cobra
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Re: 08/15/2022 Live Update

Post by Cobra »

This bull shall have legs.
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JFR
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Re: 08/15/2022 Live Update

Post by JFR »

ES 5 minutes. Well, there it is. We have hit 4300.

2022-08-15_09-58-26.png
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Al_Dente
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Re: 08/15/2022 Live Update

Post by Al_Dente »

Walmart and Home Depot report Tuesday
Target and Lowe’s report Wednesday
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BullBear52x
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Re: 08/15/2022 Live Update

Post by BullBear52x »

You know the end of the run is near but you don't know when :lol:
When SPX RSI >70 and AD issues are negative you know the risk/reward is only increase to the down side. I am selling here.
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BullBear52x
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Re: 08/15/2022 Live Update

Post by BullBear52x »

I said, above 61.8% is a buy, turns out as expected, now I am selling with expectation that dip will be bought around Friday's HOD, also use that line as a pivot. day trade made simple. will not buy the dip today will use the buy entry zone as a shorts exit. TA is not a guess works. :lol:
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Cobra
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Re: 08/15/2022 Live Update

Post by Cobra »

The pullback will be bought. Actually H1 long setup already triggered.
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BullBear52x
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Re: 08/15/2022 Live Update

Post by BullBear52x »

TA is not a guess work and it's not absolute science either. Plan the trade and trade the plan. Flip flopping is dead to traders.
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BullBear52x
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Re: 08/15/2022 Live Update

Post by BullBear52x »

Hourly bullish, sell here is counter trend. see 5 min. as a starter. bearish crossed, one min. is clear Neg.D. :ugeek:
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Al_Dente
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Re: 08/15/2022 Live Update

Post by Al_Dente »

Keep an eye on 200sma
SPY 429.23
(your numbers may vary)
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BullBear52x
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Re: 08/15/2022 Live Update

Post by BullBear52x »

Sizzle index on TOS P/C ratio is 2.4, this will be easiest way to estimate if market is priced and the gamma squeeze is about to end. if P/C is still under 1 I will think there will be no end to that so called gamma squeeze. this is just one side of the equation, don't quote me on that.
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marcueus2
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Re: 08/15/2022 Live Update

Post by marcueus2 »

BullBear52x wrote:Sizzle index on TOS P/C ratio is 2.4, this will be easiest way to estimate if market is priced and the gamma squeeze is about to end. if P/C is still under 1 I will think there will be no end to that so called gamma squeeze. this is just one side of the equation, don't quote me on that.
Can you expand on that little more ?
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JFR
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Re: 08/15/2022 Live Update

Post by JFR »

ES 5 minutes. Testing the bottom of the trading range. The market ran out of fuel, when it hit 4300. At least for now.

Back later. Have a good afternoon.

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BullBear52x
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Re: 08/15/2022 Live Update

Post by BullBear52x »

marcueus2 wrote:
BullBear52x wrote:Sizzle index on TOS P/C ratio is 2.4, this will be easiest way to estimate if market is priced and the gamma squeeze is about to end. if P/C is still under 1 I will think there will be no end to that so called gamma squeeze. this is just one side of the equation, don't quote me on that.
Can you expand on that little more ?
Make sure we are on the same page. you know what is the Shorts squeeze and Gamma squeeze right? they will end at some point. in a shorts squeeze we will look at the volume of capitulation of the underlining stocks or index. in gamma squeeze we will look at the change in Puts/Calls ratio, when market is priced so the craze of call buying no hedge on calls seller needed. from there we are back to fundamental of underlining stocks or indexes. this probably the shortest answer I can explain.
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merryme
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Re: 08/15/2022 Live Update

Post by merryme »

Every Wall Street Trend Goes Haywire as Stock Bears Are Crushed

https://finance.yahoo.com/news/every-wa ... 00992.html
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